PTEU vs. SMH ETF Comparison

Comparison of Pacer TrendpilotTM European Index ETF (PTEU) to Market Vectors Semiconductor ETF (SMH)

PTEU

Pacer TrendpilotTM European Index ETF

PTEU Description

The investment seeks to track the total return performance of the Pacer Trendpilot European Index. Normally the fund will invest at least 80% of its total assets 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 implement a systematic trend-following strategy that directs exposure (i) 100% to the FTSE Eurobloc Index, (ii) 50% to the FTSE Eurobloc Index and 50% to 3-Month US Treasury bills, or (iii) 100% to 3-Month US Treasury bills. It is non-diversified.

Grade (RS Rating)

Last Trade

$25.11

Average Daily Volume

2,299

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMH

Market Vectors Semiconductor ETF

SMH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (the "Semiconductor Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$244.62

Average Daily Volume

5,951,095

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PTEU	SMH
30 Days	-5.19%	-1.76%
60 Days	-7.61%	2.37%
90 Days	-8.32%	-1.52%
12 Months	3.63%	50.89%

1 Overlapping Holdings

	Symbol	Grade	Weight in PTEU	Weight in SMH	Overlap
	ASML	F	4.98%	4.02%	4.02%

PTEU Overweight 13 Positions Relative to SMH

Symbol	Grade	Weight
SAP	B	4.62%
TTE	F	2.24%
SNY	F	1.91%
SAN	F	1.28%
BBVA	F	0.99%
BUD	F	0.93%
ING	F	0.91%
ARGX	A	0.65%
E	F	0.6%
STLA	F	0.5%
NOK	D	0.42%
QGEN	D	0.17%
TS	B	0.15%

PTEU Underweight 24 Positions Relative to SMH

Symbol	Grade	Weight
NVDA	C	-23.17%
TSM	B	-13.2%
AVGO	D	-7.69%
AMD	F	-4.48%
TXN	C	-4.45%
QCOM	F	-4.3%
INTC	D	-4.15%
AMAT	F	-3.99%
MU	D	-3.91%
ADI	D	-3.77%
LRCX	F	-3.53%
KLAC	D	-3.21%
SNPS	B	-3.14%
CDNS	B	-3.03%
MRVL	B	-2.53%
NXPI	D	-1.82%
MCHP	D	-1.3%
MPWR	F	-0.98%
ON	D	-0.88%
STM	F	-0.78%
TER	D	-0.58%
SWKS	F	-0.5%
OLED	D	-0.3%
QRVO	F	-0.23%