FIW vs. CALF ETF Comparison

Comparison of First Trust ISE Water Index Fund (FIW) to Pacer US Small Cap Cash Cows 100 ETF (CALF)

FIW

First Trust ISE Water Index Fund

FIW Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$108.11

Average Daily Volume

38,754

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CALF

Pacer US Small Cap Cash Cows 100 ETF

CALF Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Small Cap Cash Cows Index (the index). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index. The index uses an objective, rules-based methodology to provide exposure to small-capitalization U.S. companies with high free cash flow yields.

Grade (RS Rating)

Last Trade

$45.81

Average Daily Volume

1,485,700

Number of Holdings ^*

113

* may have additional holdings in another (foreign) market

Performance

Period	FIW	CALF
30 Days	0.61%	-1.04%
60 Days	3.06%	1.06%
90 Days	9.67%	5.75%
12 Months	34.60%	13.02%

1 Overlapping Holdings

	Symbol	Grade	Weight in FIW	Weight in CALF	Overlap
	MLI	C	2.93%	1.98%	1.98%

FIW Overweight 32 Positions Relative to CALF

Symbol	Grade	Weight
IDXX	D	4.19%
IEX	D	4.1%
AWK	B	4.03%
ECL	B	4.0%
ROP	C	3.96%
A	B	3.95%
WAT	B	3.95%
VLTO	A	3.94%
XYL	C	3.85%
PNR	C	3.79%
ACM	C	3.56%
TTEK	B	3.45%
WMS	D	3.4%
WTRG	D	3.39%
BMI	A	3.16%
AOS	B	3.06%
CNM	F	2.75%
PRMW	C	2.29%
ZWS	A	2.13%
WTS	C	2.09%
ITRI	C	2.08%
AWR	A	2.02%
VMI	B	2.0%
FELE	C	1.97%
MWA	A	1.96%
CWT	D	1.91%
MSEX	C	1.27%
SBS	D	1.26%
LNN	C	1.24%
SJW	D	1.22%
HWKN	A	1.17%
MEG	F	1.06%

FIW Underweight 112 Positions Relative to CALF

Symbol	Grade	Weight
SIG	C	-2.17%
HBI	B	-2.02%
ANDE	D	-2.01%
SKYW	B	-2.0%
BTU	B	-1.99%
NSIT	B	-1.97%
KSS	D	-1.97%
AMR	F	-1.97%
ETSY	F	-1.94%
XRX	D	-1.9%
DXC	D	-1.87%
SM	F	-1.85%
SLVM	C	-1.76%
PTEN	F	-1.76%
GIII	C	-1.64%
TGNA	B	-1.63%
ASO	D	-1.62%
CEIX	B	-1.58%
CVI	F	-1.58%
LBRT	F	-1.55%
KTB	B	-1.53%
LCII	B	-1.52%
PLUS	C	-1.49%
PATK	C	-1.48%
SCSC	D	-1.44%
MATX	C	-1.37%
VSTO	D	-1.37%
CALM	B	-1.27%
LPG	F	-1.26%
ARCH	D	-1.26%
ALKS	B	-1.23%
LEG	D	-1.18%
CENT	F	-1.14%
COLL	B	-1.12%
ADNT	D	-1.1%
YELP	D	-1.04%
KFY	C	-1.01%
ATGE	D	-1.0%
HUBG	D	-0.97%
IDCC	A	-0.96%
BHE	C	-0.95%
MLKN	F	-0.95%
HP	F	-0.93%
POWL	A	-0.91%
GES	F	-0.86%
RES	D	-0.83%
HRMY	D	-0.82%
PTGX	C	-0.82%
DNOW	F	-0.81%
PINC	F	-0.8%
PHIN	C	-0.8%
FTRE	F	-0.79%
BKE	D	-0.79%
WOR	F	-0.77%
WGO	D	-0.76%
PCRX	F	-0.74%
FOXF	F	-0.71%
ROCK	D	-0.69%
CNXN	C	-0.66%
HLX	D	-0.64%
HELE	D	-0.63%
PLAB	D	-0.63%
CPRX	C	-0.62%
OMCL	C	-0.62%
PARR	F	-0.61%
CCRN	F	-0.6%
PUMP	F	-0.6%
CLW	F	-0.59%
INVA	B	-0.59%
APOG	B	-0.59%
SUPN	D	-0.58%
CAL	F	-0.54%
PRDO	D	-0.52%
TRIP	F	-0.5%
IRWD	F	-0.49%
SGH	D	-0.48%
KN	C	-0.47%
PGNY	F	-0.46%
CARS	F	-0.44%
NTCT	B	-0.43%
DXPE	C	-0.43%
HSII	C	-0.39%
SCVL	D	-0.39%
ANIP	F	-0.36%
TWI	F	-0.35%
MTUS	F	-0.3%
THRY	F	-0.3%
NWL	D	-0.29%
KELYA	D	-0.28%
SCHL	F	-0.27%
ETH	F	-0.27%
REZI	D	-0.24%
OMI	F	-0.23%
LQDT	C	-0.22%
USNA	F	-0.22%
IIIN	F	-0.22%
WHD	B	-0.2%
ABM	D	-0.2%
REX	D	-0.2%
PRLB	F	-0.17%
VGR	B	-0.14%
AMCX	F	-0.13%
AMN	F	-0.11%
MOV	F	-0.1%
LZB	C	-0.08%
WWW	A	-0.08%
WNC	F	-0.06%
SMP	D	-0.06%
NX	F	-0.05%
JBSS	F	-0.05%
ATEN	B	-0.04%
SONO	D	-0.02%