PEXL vs. QDF ETF Comparison

Comparison of Pacer US Export Leaders ETF (PEXL) to FlexShares Quality Dividend Index Fund (QDF)

PEXL

Pacer US Export Leaders ETF

PEXL Description

The investment seeks to track the total return performance, before fees and expenses, of the Pacer US Export Leaders Index (the "index"). The fund invests at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the index. The index uses an objective, rules-based methodology to measure the performance of an equal weight portfolio of approximately 100 large- and mid-capitalization U.S. companies with a high percentage of foreign sales and high free cash flow growth. Free cash flow is a company's cash flow from operations minus its capital expenditures. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.26

Average Daily Volume

3,734

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

QDF

FlexShares Quality Dividend Index Fund

QDF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility similar to that of the Northern Trust 1250 IndexSM (the "Parent Index"). It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$71.33

Average Daily Volume

45,847

Number of Holdings ^*

127

* may have additional holdings in another (foreign) market

Performance

Period	PEXL	QDF
30 Days	3.47%	3.71%
60 Days	9.84%	9.65%
90 Days	2.38%	6.61%
12 Months	23.79%	31.89%

14 Overlapping Holdings

Symbol	Grade	Weight in PEXL	Weight in QDF	Overlap
AAPL	C	0.99%	8.57%	0.99%
AVGO	B	1.02%	0.91%	0.91%
BKNG	B	1.03%	0.06%	0.06%
CAT	A	1.07%	0.78%	0.78%
GOOGL	B	1.0%	1.76%	1.0%
KLAC	B	1.0%	0.96%	0.96%
LRCX	D	1.02%	1.01%	1.01%
META	A	1.06%	3.23%	1.06%
MRK	F	0.97%	0.52%	0.52%
MSFT	D	0.98%	4.98%	0.98%
NVDA	B	1.01%	4.97%	1.01%
QCOM	D	0.98%	1.73%	0.98%
WFRD	F	0.93%	0.07%	0.07%
XOM	A	1.01%	0.51%	0.51%

PEXL Overweight 86 Positions Relative to QDF

Symbol	Grade	Weight
HPE	B	1.13%
COHR	B	1.13%
LSCC	D	1.12%
FCX	B	1.11%
ABNB	D	1.08%
CROX	C	1.08%
ITT	C	1.07%
WAB	A	1.05%
BKR	B	1.05%
GE	B	1.04%
CNH	C	1.04%
AMD	C	1.04%
UBER	C	1.04%
WMG	D	1.04%
ALTR	B	1.04%
JBL	C	1.04%
ARW	C	1.03%
DD	C	1.03%
RL	B	1.03%
SNPS	F	1.02%
IR	A	1.02%
MTSI	B	1.02%
HWM	A	1.02%
AMAT	C	1.02%
GLW	C	1.02%
ATR	A	1.01%
AXTA	C	1.01%
CBT	B	1.01%
NFLX	A	1.01%
HAL	D	1.01%
CCK	C	1.01%
AGCO	D	1.01%
VC	F	1.01%
FTNT	A	1.0%
NOV	F	1.0%
PTC	B	1.0%
APTV	D	1.0%
DCI	B	1.0%
APA	F	1.0%
MTD	C	1.0%
LFUS	C	1.0%
APH	D	1.0%
ONTO	B	1.0%
CDNS	D	0.99%
WST	D	0.99%
NOVT	C	0.99%
ALGM	F	0.99%
NDSN	C	0.99%
A	B	0.99%
LIN	C	0.99%
MPWR	B	0.98%
ANSS	D	0.98%
PVH	D	0.98%
GRMN	D	0.98%
BCO	C	0.98%
IFF	D	0.98%
NWSA	D	0.98%
INGR	B	0.98%
GXO	D	0.98%
FMC	C	0.98%
AMCR	C	0.98%
CTVA	A	0.98%
ADI	B	0.98%
OLED	B	0.97%
COTY	F	0.97%
AVY	D	0.97%
RGEN	F	0.97%
TEL	D	0.97%
ASH	F	0.96%
KMB	D	0.96%
G	A	0.96%
NEU	F	0.96%
FN	B	0.96%
KD	D	0.96%
IQV	F	0.95%
ON	F	0.95%
BG	F	0.95%
SKX	B	0.95%
DHR	D	0.95%
MOS	F	0.94%
ADM	F	0.94%
CNXC	F	0.92%
ALV	F	0.92%
RMBS	F	0.91%
CRUS	D	0.88%
BMRN	F	0.79%

PEXL Underweight 113 Positions Relative to QDF

Symbol	Grade	Weight
JNJ	D	-3.17%
ABBV	C	-3.08%
PG	D	-3.08%
KO	C	-2.51%
ACN	B	-1.97%
HD	A	-1.79%
INTU	F	-1.57%
GOOG	B	-1.55%
UNP	F	-1.3%
LOW	C	-1.29%
PM	D	-1.29%
ADP	A	-1.07%
GILD	A	-0.96%
NKE	D	-0.93%
MO	D	-0.81%
ZTS	C	-0.81%
MS	A	-0.78%
SBUX	B	-0.73%
ITW	C	-0.72%
LMT	A	-0.71%
VRT	B	-0.7%
MMM	C	-0.69%
AFL	A	-0.64%
PSA	C	-0.64%
JPM	C	-0.64%
PEG	A	-0.63%
PAYX	B	-0.63%
EBAY	A	-0.62%
BK	A	-0.62%
D	A	-0.6%
FIS	A	-0.59%
SMG	C	-0.59%
FAST	C	-0.59%
PRU	B	-0.58%
AVB	C	-0.57%
NXPI	F	-0.56%
MPC	D	-0.56%
MCHP	F	-0.55%
MAA	D	-0.55%
EQR	C	-0.55%
MET	A	-0.55%
NSA	D	-0.54%
GEN	A	-0.54%
CHRW	C	-0.54%
IVZ	A	-0.53%
VLO	F	-0.53%
WTW	C	-0.53%
KTB	C	-0.53%
OHI	C	-0.53%
ORI	A	-0.52%
VIRT	B	-0.52%
CPT	C	-0.52%
EA	D	-0.51%
NEP	D	-0.51%
IPG	D	-0.51%
JHG	A	-0.51%
RDN	D	-0.5%
OGE	C	-0.5%
CMA	C	-0.5%
WU	D	-0.5%
STWD	C	-0.5%
WSM	C	-0.49%
UGI	C	-0.49%
FAF	C	-0.48%
DVN	F	-0.48%
SWKS	F	-0.47%
BPOP	D	-0.47%
SNA	C	-0.46%
POOL	D	-0.46%
WY	C	-0.46%
TPR	B	-0.46%
WDFC	B	-0.44%
OMF	D	-0.43%
WMS	D	-0.43%
NUE	D	-0.43%
HST	D	-0.42%
SCCO	B	-0.42%
EVRG	C	-0.41%
TT	A	-0.41%
CUBE	C	-0.4%
PFG	A	-0.39%
CTAS	C	-0.38%
ALLY	F	-0.36%
V	B	-0.36%
RHI	D	-0.35%
IRDM	C	-0.35%
LNC	B	-0.35%
EIX	C	-0.35%
APLE	B	-0.34%
CFR	B	-0.33%
OLN	D	-0.29%
BR	B	-0.29%
NNN	C	-0.27%
WING	C	-0.26%
MA	A	-0.25%
NTAP	D	-0.23%
COST	C	-0.23%
HRB	C	-0.18%
CL	D	-0.17%
DPZ	D	-0.17%
RMD	C	-0.17%
PNW	C	-0.16%
BSY	D	-0.14%
PAYC	D	-0.12%
WMT	A	-0.12%
COR	F	-0.12%
EXP	C	-0.08%
CSWI	A	-0.06%
MAR	A	-0.04%
COP	D	-0.04%
BAC	B	-0.02%
STNG	B	-0.02%
BBWI	F	-0.01%