COWZ — Pacer US Cash Cows 100 ETF

COWZ Price Performance — Growth of $10,000

Value of a $10,000 investment in COWZ over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

COWZ Drawdown

The "underwater" chart: COWZ's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The Pacer US Cash Cows 100 ETF (Ticker: COWZ) is a US Quality / Factor ETF, issued by Pacer. Positioned as the 10th largest ETF in its category, with 16 tracked ETFs, it has an overall rank of #104 among 458 tracked ETFs across all categories, indicating a moderate position in the broader market. The fund has an expense ratio of 0.49%, which is relatively low, and a dividend yield of 1.85%, providing a modest income stream for investors. With a market value of $18.7 billion, COWZ is well-adopted by investors, as reflected by its significant AUM. The fund's price of $72.02 suggests a reasonable valuation given its size and performance metrics.

The Pacer US Cash Cows 100 ETF has shown a strong performance across various time horizons. Over the past year, it has gained 28.88%, and over the past three years, it has achieved a remarkable 51.69% return, indicating a consistent upward trend. The 1-month return of 13.11% and the 3-month return of 13.85% suggest a period of acceleration in the short term. However, the 1-year return of 28.88% is notably higher than the 3-month return, indicating a deceleration in the short-term performance. The 1-day return of +1.12% and the 1-week return of +1.88% further support a pattern of steady growth, with the 1-month return showing a slight deceleration from the shorter-term gains.

The Pacer US Cash Cows 100 ETF is labeled as having low volatility, with a beta of 0.61, suggesting that it is less sensitive to market movements compared to the broader market. Its Sharpe ratio of 1.98 indicates a strong risk-adjusted return, meaning that the fund provides a high return relative to the risk taken. The maximum drawdown of -22.00% reflects the fund's potential for significant losses during market downturns, but given its low volatility label and beta, it is likely to experience less severe drawdowns compared to more volatile funds. Overall, the combination of low volatility, a high Sharpe ratio, and a moderate maximum drawdown suggests that the fund is well-suited for investors seeking a balance between growth and risk management.

AI-generated summary based on the data on this page.

COWZ Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 21.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how COWZ's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With COWZ

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with COWZ's top 10 — FDL overlaps most, holding 3 of the same companies as COWZ's top 10 (6.2% of COWZ's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.69% (as of 2026-08-20) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 16.01 (as of 2026-08-20) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-07-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

COWZ Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.01% and average daily volume is 952K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $18.7B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: COWZ is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

COWZ Performance History

How COWZ Compares to Other US Quality / Factor ETFs