SMDY vs. COWZ ETF Comparison

Comparison of Syntax Stratified MidCap ETF (SMDY) to Pacer US Cash Cows 100 ETF (COWZ)

SMDY

Syntax Stratified MidCap ETF

SMDY Description

The investment seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies comprising the Syntax Stratified MidCap Index. Under normal market conditions, the fund generally invests substantially all, and at least 95%, of its total assets in the securities comprising the index. The index, which was created by Syntax LLC, an affiliate of the fund's investment adviser, is the stratified-weight version of the widely used S&P MidCap 400® Index and holds the same constituents as the S&P MidCap 400 Index.

Grade (RS Rating)

Last Trade

$44.16

Average Daily Volume

525

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

COWZ

Pacer US Cash Cows 100 ETF

COWZ 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. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$57.76

Average Daily Volume

1,799,474

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	SMDY	COWZ
30 Days	0.32%	-0.09%
60 Days	0.23%	4.71%
90 Days	3.92%	7.10%
12 Months	21.05%	19.01%

45 Overlapping Holdings

Symbol	Grade	Weight in SMDY	Weight in COWZ	Overlap
AGCO	D	0.26%	0.79%	0.26%
AM	A	0.22%	0.37%	0.22%
AMKR	F	0.48%	0.39%	0.39%
ARW	C	0.08%	1.09%	0.08%
ASH	F	0.08%	0.3%	0.08%
AYI	A	0.24%	0.47%	0.24%
CHRD	F	0.06%	0.65%	0.06%
CLF	D	0.13%	1.27%	0.13%
CNM	F	0.06%	0.75%	0.06%
COLM	B	0.27%	0.57%	0.27%
CRI	D	0.29%	0.3%	0.29%
CROX	C	0.25%	0.83%	0.25%
CRUS	D	0.44%	0.4%	0.4%
DBX	C	0.34%	0.76%	0.34%
DINO	F	0.18%	1.51%	0.18%
GAP	F	0.23%	1.03%	0.23%
HOG	C	0.24%	0.51%	0.24%
HRB	C	0.34%	0.56%	0.34%
INGR	A	0.33%	0.87%	0.33%
IPGP	D	0.23%	0.19%	0.19%
JAZZ	F	0.38%	0.9%	0.38%
LEA	F	0.1%	0.54%	0.1%
LPX	A	0.14%	0.46%	0.14%
MAN	D	0.14%	0.26%	0.14%
MAT	C	0.17%	0.72%	0.17%
MIDD	D	0.33%	0.64%	0.33%
MSM	D	0.08%	0.31%	0.08%
MTZ	C	0.16%	1.12%	0.16%
NEU	F	0.08%	0.42%	0.08%
NVST	D	0.39%	0.26%	0.26%
OC	B	0.08%	1.25%	0.08%
OVV	F	0.06%	1.01%	0.06%
PPC	A	0.34%	0.44%	0.34%
PVH	F	0.24%	0.64%	0.24%
SKX	C	0.25%	0.68%	0.25%
SMG	B	2.01%	1.02%	1.02%
SNX	C	0.07%	0.82%	0.07%
TDC	D	0.26%	0.24%	0.24%
THO	C	0.24%	0.5%	0.24%
UAA	B	0.17%	0.32%	0.17%
UTHR	B	0.5%	0.78%	0.5%
WCC	C	0.06%	0.81%	0.06%
WFRD	F	0.13%	0.5%	0.13%
WSM	C	0.21%	1.24%	0.21%
ZI	D	0.24%	0.37%	0.24%

SMDY Overweight 346 Positions Relative to COWZ

Symbol	Grade	Weight
FYBR	C	1.55%
COTY	F	1.55%
DOCS	B	1.52%
CIEN	B	1.42%
LITE	C	1.41%
IRDM	C	1.23%
ZD	D	0.98%
DT	C	0.84%
SBRA	C	0.73%
OHI	C	0.69%
QLYS	F	0.67%
THC	C	0.66%
ACHC	F	0.65%
ARMK	B	0.62%
WING	B	0.58%
WEN	C	0.58%
TXRH	B	0.58%
LNW	F	0.54%
COKE	B	0.53%
DLB	D	0.52%
LAD	B	0.51%
ERIE	A	0.5%
EXEL	C	0.48%
TOL	A	0.47%
PAG	D	0.47%
POST	B	0.47%
TMHC	B	0.46%
KBH	C	0.46%
ILMN	C	0.45%
MTSI	C	0.45%
BRBR	B	0.45%
HALO	D	0.45%
AN	B	0.44%
SF	A	0.43%
WBS	D	0.43%
SLAB	D	0.42%
IBKR	A	0.42%
RGEN	F	0.42%
PSTG	F	0.41%
CNO	C	0.41%
SFM	A	0.4%
ONTO	C	0.4%
SRPT	F	0.4%
CYTK	F	0.39%
ASB	F	0.39%
PRGO	F	0.39%
GMED	D	0.39%
CVLT	C	0.38%
LSCC	D	0.38%
PRI	A	0.38%
POWI	F	0.37%
UNM	A	0.37%
MANH	C	0.37%
LIVN	D	0.36%
DUOL	B	0.36%
ALGM	F	0.36%
MKSI	F	0.36%
FNF	A	0.35%
PCTY	C	0.35%
WEX	C	0.35%
SYNA	F	0.35%
ENOV	F	0.35%
GHC	B	0.35%
KMPR	D	0.34%
MTG	B	0.34%
RNR	A	0.34%
CAR	D	0.34%
NBIX	F	0.34%
BURL	D	0.33%
USFD	C	0.33%
HAE	D	0.33%
CPRI	C	0.33%
BHF	F	0.33%
AZTA	F	0.33%
FAF	B	0.33%
AMG	C	0.33%
BMRN	F	0.33%
EQH	C	0.33%
PFGC	B	0.32%
ESNT	C	0.32%
ESAB	C	0.32%
TGNA	B	0.32%
BLKB	C	0.32%
FHI	C	0.32%
JHG	C	0.32%
NXST	D	0.31%
MEDP	F	0.31%
ARWR	F	0.31%
MORN	C	0.31%
TKO	C	0.31%
RMBS	F	0.3%
VOYA	A	0.3%
JWN	D	0.3%
NYT	B	0.3%
RGA	C	0.3%
CG	C	0.3%
LECO	F	0.29%
LOPE	D	0.29%
SEIC	B	0.29%
APPF	C	0.29%
MMS	A	0.29%
SAM	D	0.28%
TEX	F	0.28%
FLO	C	0.28%
ALTR	C	0.28%
DAR	F	0.28%
NWE	A	0.27%
PNM	B	0.27%
IDA	B	0.27%
WMG	D	0.27%
OGE	A	0.27%
MSA	D	0.27%
DKS	D	0.27%
WU	D	0.27%
BJ	D	0.26%
HQY	B	0.26%
ST	F	0.26%
POR	B	0.26%
EEFT	F	0.26%
OSK	F	0.26%
SLM	C	0.26%
TTC	D	0.25%
OGS	A	0.25%
OPCH	D	0.25%
EHC	B	0.25%
LANC	F	0.25%
NSP	F	0.25%
PLNT	C	0.24%
OLLI	C	0.24%
SHC	C	0.24%
VNT	F	0.24%
ORA	B	0.24%
CGNX	F	0.24%
DTM	A	0.24%
ALE	A	0.24%
BKH	B	0.24%
BC	C	0.23%
FIVE	D	0.23%
UGI	C	0.23%
KEX	C	0.23%
NFG	A	0.23%
M	F	0.23%
RH	C	0.23%
SAIC	B	0.23%
SCI	C	0.23%
NJR	C	0.23%
G	A	0.23%
SR	A	0.23%
EXLS	B	0.23%
AMED	D	0.23%
ALLY	F	0.22%
NSA	C	0.22%
CELH	F	0.22%
GME	D	0.22%
CASY	D	0.22%
CUBE	C	0.22%
PII	D	0.22%
JEF	B	0.22%
MUSA	D	0.21%
RYAN	A	0.21%
WTRG	D	0.21%
CHE	B	0.21%
SWX	C	0.21%
LFUS	C	0.21%
ELS	D	0.21%
IRT	C	0.21%
THG	A	0.2%
ENS	C	0.2%
CNXC	F	0.2%
AMH	D	0.2%
LNTH	C	0.2%
CLH	C	0.19%
MP	C	0.19%
ORI	A	0.19%
GNTX	F	0.19%
KNX	C	0.19%
CACI	A	0.19%
BCO	A	0.19%
PEN	D	0.19%
VC	F	0.19%
LII	C	0.18%
GXO	D	0.18%
SRCL	B	0.18%
NVT	D	0.18%
LSTR	D	0.18%
SAIA	D	0.18%
RGLD	C	0.18%
XPO	F	0.18%
AVTR	D	0.18%
XRAY	D	0.18%
WHR	C	0.17%
AFG	B	0.17%
JLL	B	0.17%
CMC	C	0.17%
TPX	B	0.17%
KD	F	0.17%
EXPO	B	0.17%
ANF	D	0.17%
RS	D	0.17%
CHX	F	0.17%
FLR	D	0.17%
RBA	D	0.17%
R	C	0.17%
FIX	B	0.17%
HLI	B	0.17%
EVR	C	0.17%
BRKR	D	0.16%
RCM	B	0.16%
ELF	F	0.16%
EXP	C	0.16%
TTEK	B	0.16%
FCN	B	0.16%
NOV	F	0.16%
KNF	C	0.16%
ACM	B	0.16%
UA	B	0.16%
KNSL	D	0.16%
X	F	0.16%
RLI	A	0.16%
EME	C	0.15%
COHR	B	0.15%
PBF	F	0.15%
YETI	D	0.15%
FND	B	0.15%
AA	C	0.15%
SIGI	D	0.15%
NOVT	D	0.14%
KBR	D	0.14%
PCH	C	0.14%
MDU	C	0.14%
UMBF	C	0.14%
VNO	B	0.14%
PGNY	F	0.14%
BDC	B	0.14%
ASGN	D	0.14%
GATX	D	0.14%
BYD	C	0.14%
MASI	C	0.14%
BLD	C	0.14%
GLPI	B	0.14%
NEOG	D	0.14%
TCBI	C	0.13%
VAL	F	0.13%
RYN	C	0.13%
OLED	C	0.13%
CFR	D	0.12%
CUZ	C	0.12%
WTFC	C	0.12%
CHDN	D	0.12%
HWC	D	0.12%
TREX	D	0.12%
CBSH	D	0.12%
RPM	C	0.11%
AVNT	B	0.11%
CHH	C	0.11%
KRC	C	0.11%
FHN	D	0.11%
DCI	B	0.1%
AAON	B	0.1%
PK	D	0.1%
TNL	B	0.1%
VSH	F	0.1%
GGG	B	0.1%
AXTA	C	0.1%
WTS	B	0.1%
RBC	B	0.1%
FLS	B	0.1%
CBT	B	0.1%
WH	C	0.1%
SSD	C	0.09%
CSL	A	0.09%
FR	C	0.09%
CNX	A	0.09%
HGV	F	0.09%
HXL	F	0.09%
RRX	C	0.09%
MTN	D	0.09%
HELE	D	0.09%
VMI	B	0.09%
ATR	A	0.09%
WLK	B	0.09%
ADNT	D	0.09%
VVV	D	0.09%
H	C	0.09%
WWD	B	0.08%
BWXT	A	0.08%
BRX	B	0.08%
ADC	B	0.08%
FFIN	D	0.08%
EGP	D	0.08%
VLY	C	0.08%
WMS	D	0.08%
AIT	A	0.08%
STAG	D	0.08%
ALV	F	0.08%
VAC	D	0.08%
ITT	B	0.08%
CW	A	0.08%
COLB	C	0.08%
GTLS	F	0.08%
TKR	B	0.08%
REXR	D	0.08%
SSB	C	0.08%
TPL	B	0.08%
OLN	D	0.08%
WPC	C	0.08%
OZK	F	0.07%
CACC	F	0.07%
PR	F	0.07%
ZION	D	0.07%
HOMB	D	0.07%
ONB	D	0.07%
CADE	D	0.07%
UFPI	B	0.07%
SWN	C	0.07%
UBSI	D	0.07%
NNN	A	0.07%
SNV	D	0.07%
EWBC	D	0.07%
CR	C	0.07%
AVT	B	0.07%
GBCI	D	0.07%
KRG	C	0.07%
GT	F	0.07%
CC	D	0.07%
EPR	C	0.07%
LAMR	C	0.07%
PB	D	0.07%
PNFP	D	0.07%
CIVI	F	0.06%
CCK	A	0.06%
AR	C	0.06%
BERY	C	0.06%
SLGN	A	0.06%
RRC	D	0.06%
STWD	C	0.06%
FNB	D	0.06%
MUR	F	0.06%
CHK	C	0.06%
IBOC	D	0.06%
MTDR	F	0.06%
SON	D	0.05%
GEF	C	0.05%
GPK	B	0.05%
WOLF	F	0.04%
WSO	B	0.04%

SMDY Underweight 55 Positions Relative to COWZ

Symbol	Grade	Weight
ABNB	D	-2.19%
HPE	C	-2.17%
NUE	D	-2.06%
QCOM	D	-2.04%
HPQ	C	-2.04%
CVX	D	-1.99%
EOG	D	-1.98%
BMY	B	-1.97%
T	A	-1.97%
HAL	F	-1.94%
LEN	B	-1.94%
FANG	F	-1.93%
COP	D	-1.91%
VLO	F	-1.9%
EXPE	B	-1.89%
CAH	B	-1.87%
MPC	F	-1.87%
ADM	D	-1.87%
DVN	F	-1.85%
MO	B	-1.82%
MRO	D	-1.57%
BLDR	B	-1.56%
ZM	B	-1.49%
CAG	B	-1.37%
SWKS	F	-1.3%
TAP	D	-1.13%
TPR	B	-1.11%
FOXA	A	-1.05%
SNA	B	-1.02%
JBL	D	-1.0%
DXC	D	-0.94%
ADTN	C	-0.89%
RL	B	-0.86%
MTCH	C	-0.81%
DOCU	B	-0.8%
FTI	B	-0.76%
TWLO	C	-0.72%
BWA	C	-0.64%
ALSN	A	-0.63%
QRVO	F	-0.62%
ETSY	F	-0.61%
KSS	D	-0.6%
DOX	B	-0.58%
SEE	B	-0.54%
BG	D	-0.53%
VTRS	D	-0.53%
DDS	D	-0.49%
LYFT	D	-0.38%
PLTK	C	-0.33%
RNG	F	-0.32%
LEG	D	-0.28%
FTRE	F	-0.19%
REYN	C	-0.19%
PINC	F	-0.17%
TRIP	F	-0.11%