ICOW vs. GSEU ETF Comparison

Comparison of Pacer Developed Markets International Cash Cows 100 ETF (ICOW) to Goldman Sachs ActiveBeta Europe Equity ETF (GSEU)

ICOW

Pacer Developed Markets International Cash Cows 100 ETF

ICOW Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer Developed Markets International Cash Cows 100 Index. The fund will invest at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. The index uses an objective, rules-based methodology to provide exposure to large and mid-capitalization non-U.S. companies in developed markets with high free cash flow yields.

Grade (RS Rating)

Last Trade

$31.64

Average Daily Volume

209,635

Number of Holdings ^*

* may have additional holdings in another (foreign) market

GSEU

Goldman Sachs ActiveBeta Europe Equity ETF

GSEU Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Goldman Sachs ActiveBeta® Europe Equity Index (the "index"). The fund seeks to achieve its investment objective by investing at least 80% of its assets (exclusive of collateral held from securities lending) in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities of developed markets issuers in Europe.

Grade (RS Rating)

Last Trade

$38.04

Average Daily Volume

18,944

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ICOW	GSEU
30 Days	0.22%	-0.78%
60 Days	4.73%	5.87%
90 Days	1.77%	3.67%
12 Months	7.99%	25.42%

3 Overlapping Holdings

Symbol	Grade	Weight in ICOW	Weight in GSEU	Overlap
E	D	2.03%	0.36%	0.36%
LOGI	D	0.37%	0.38%	0.37%
STLA	F	1.38%	0.24%	0.24%

ICOW Overweight 5 Positions Relative to GSEU

Symbol	Grade	Weight
BTI	C	2.41%
VOD	C	2.2%
BP	F	1.78%
EQNR	D	1.76%
TS	D	1.45%

ICOW Underweight 9 Positions Relative to GSEU

Symbol	Grade	Weight
NVS	D	-1.9%
UL	B	-0.87%
ABBV	A	-0.55%
BCS	C	-0.39%
DEO	C	-0.29%
LYG	C	-0.24%
QGEN	D	-0.21%
AER	C	-0.14%
CCEP	D	-0.13%

ICOW: Top Represented Industries & Keywords

Industries: Oil & Gas Integrated Auto Manufacturers Computer Systems Oil & Gas Equipment & Services Telecom Services Tobacco