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, identified by the ticker COWZ, operates within the US Quality / Factor category managed by issuer Pacer. This fund holds an overall rank of #161 among 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 65.8 out of 100. With assets under management totaling $17.6 billion and a current price of $67.52, the fund demonstrates significant investor adoption relative to its category peers. The fund charges an expense ratio of 0.49% while offering a dividend yield of 1.99%. There are 16 ETFs tracked by ETFValuer in this specific US Quality / Factor category. The combination of high assets and a mid-tier grade suggests a well-established vehicle that balances cost and performance metrics. Its substantial AUM indicates it is a widely held option within its specific factor niche.

Over the most recent trading day, the fund posted a return of +2.43%, followed by a weekly gain of +4.60%. Monthly performance accelerated to +7.14%, while the three-month return reached +8.18%. The six-month return stood at +8.96%, and year-to-date performance climbed to +12.26%. Annual returns showed a significant increase to +20.36%, and the three-year return total reached +41.65%. This sequence indicates a pattern where short-term gains have contributed to substantial long-term growth over the three-year horizon. The data shows a consistent upward trajectory across all measured timeframes from one day to three years.

The fund carries a Low volatility label and a beta of 0.65, suggesting it moves less than the broader market. A Sharpe ratio of 1.30 indicates that the returns generated per unit of risk taken are relatively strong. Despite these favorable metrics, the fund experienced a maximum drawdown of -22.00% at some point in its history. This combination of low beta and a Sharpe ratio above 1.0 implies the fund has provided efficient returns relative to its downside risk during the measured periods. The maximum drawdown figure highlights that while volatility is managed, the fund is not immune to significant temporary declines. Investors should consider that the low beta and high Sharpe ratio coexist with a drawdown magnitude that reflects the inherent risks of equity exposure.

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 4 of the same companies as COWZ's top 10 (8.4% 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: 4.65% (as of 2026-07-27) — 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): 18.67 (as of 2026-07-27) — 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 2026-06-01) — 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 — and average daily volume is 930K/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 $17.6B 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