example vs pacesetter

example and pacesetter both are nouns.

Word	Noun	Adjective	Verb	Adverb
example	Yes	No	No	No
pacesetter	Yes	No	No	No

As nouns, pacesetter is a hyponym of example; that is, pacesetter is a word with a more specific, narrower meaning than example:

Other hyponyms of example include beaut, beauty, pacemaker, pattern, prodigy.

example (noun)	pacesetter (noun)
a task performed or problem solved in order to develop skill or understanding	a horse used to set the pace in racing
an item of information that is typical of a class or group	a leading instance in its field
something to be imitated
a representative form or pattern
punishment intended as a warning to others
an occurrence of something