FNDE vs. ECOW ETF Comparison

Comparison of Schwab Fundamental Emerging Markets Large Company Index ETF (FNDE) to Pacer Emerging Markets Cash Cows 100 ETF (ECOW)

FNDE

Schwab Fundamental Emerging Markets Large Company Index ETF

FNDE Description

The investment seeks to track as closely as possible, before fees and expenses, the total return of the Russell Fundamental Emerging Markets Large Company Index. The index selects, ranks, and weights securities by fundamental measures of company size - adjusted sales, retained operating cash flow, and dividends plus buybacks - rather than market capitalization. Under normal circumstances, the fund will invest at least 80% of its net assets in stocks included in the index, including depositary receipts representing securities of the index. It may invest up to 20% of its net assets in securities not included in the index.

Grade (RS Rating)

Last Trade

$31.61

Average Daily Volume

547,424

Number of Holdings ^*

* may have additional holdings in another (foreign) market

ECOW

Pacer Emerging Markets Cash Cows 100 ETF

ECOW Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Cash Cows 100 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 large and mid-capitalization U.S. companies with high free cash flow yields. Companies with high free cash flow yields are commonly referred to as "cash cows". The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.05

Average Daily Volume

15,758

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FNDE	ECOW
30 Days	-1.47%	-2.32%
60 Days	8.48%	6.33%
90 Days	8.74%	6.59%
12 Months	27.53%	14.91%

6 Overlapping Holdings

Symbol	Grade	Weight in FNDE	Weight in ECOW	Overlap
ABEV	F	0.22%	1.95%	0.22%
BABA	D	3.0%	2.45%	2.45%
BIDU	F	0.4%	1.82%	0.4%
GGB	C	0.27%	0.55%	0.27%
JD	C	0.85%	2.61%	0.85%
VALE	D	1.87%	1.82%	1.82%

FNDE Overweight 13 Positions Relative to ECOW

Symbol	Grade	Weight
HDB	B	0.42%
UMC	F	0.39%
IBN	C	0.31%
YUMC	B	0.29%
SBSW	C	0.27%
CHT	D	0.27%
VIPS	D	0.26%
WIT	B	0.12%
BCH	D	0.11%
PDD	D	0.09%
ZTO	D	0.07%
BEKE	C	0.07%
EC	F	0.05%

FNDE Underweight 7 Positions Relative to ECOW

Symbol	Grade	Weight
LI	F	-2.44%
FMX	F	-1.35%
KOF	F	-0.88%
CX	F	-0.61%
ASR	F	-0.49%
ERJ	B	-0.48%
HMY	C	-0.34%

ECOW: Top Represented Industries & Keywords

Industries: Beverages - Brewers Specialty Retail Aerospace & Defense Airports & Air Services Auto Manufacturers Beverages - Soft Drinks Building Materials Gold Industrial Metals & Minerals Internet Content & Information Steel