- ISIN
- US69374H8658
- CUSIP
- 69374H865
- Issuer
- Pacer
- Inception Date
- May 2, 2019
- Region
- Emerging Markets (Broad)
- Category
- Emerging Markets Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- Pacer Emerging Markets Cash Cows 100 Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $211M
Share Price Chart
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Performance
ECOW Performance Chart
Pacer Emerging Markets Cash Cows 100 ETF (ECOW) is up 9.0% since the beginning of the year. ECOW is currently trading at $26 per share. Investors who bought $1,000 worth of ECOW shares 5 years ago would now be looking at an investment worth $1,322.
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Returns By Period
Pacer Emerging Markets Cash Cows 100 ETF (ECOW) has returned 8.95% so far this year and 30.63% over the past 12 months.
Pacer Emerging Markets Cash Cows 100 ETF
- 1D
- -0.95%
- 1M
- -3.09%
- YTD
- 8.95%
- 6M
- 8.43%
- 1Y
- 30.63%
- 3Y*
- 17.90%
- 5Y*
- 5.74%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
ECOW Monthly Returns History
Based on dividend-adjusted daily data since May 6, 2019, ECOW's average daily return is +0.03%, while the average monthly return is +0.70%. At this rate, an investment would double in approximately 8.3 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2022 with a return of +16.2%, while the worst month was Mar 2020 at -17.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.
On a daily basis, ECOW closed higher 44% of trading days. The best single day was Apr 6, 2020 with a return of +8.4%, while the worst single day was Mar 12, 2020 at -14.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 7.30% | 6.25% | -4.14% | 4.18% | -1.25% | -3.10% | 8.95% | ||||||
| 2025 | 3.19% | -0.70% | 2.67% | -0.00% | 4.26% | 4.40% | 0.92% | 7.04% | 3.63% | 2.24% | 0.38% | 0.72% | 32.50% |
| 2024 | -3.87% | 1.19% | 2.51% | 1.63% | 4.63% | -2.15% | -0.26% | 1.03% | 8.12% | -4.18% | -3.34% | -1.46% | 3.17% |
| 2023 | 6.62% | -4.94% | 2.04% | 2.50% | -5.57% | 6.30% | 8.57% | -5.93% | 0.29% | -6.73% | 7.16% | 6.30% | 15.79% |
| 2022 | 0.16% | -1.14% | -1.17% | -7.12% | 1.76% | -11.99% | -1.91% | -0.42% | -10.29% | 0.69% | 16.24% | -3.32% | -19.28% |
| 2021 | 0.62% | 2.90% | 3.70% | 3.96% | 1.28% | -0.45% | -2.85% | 3.68% | -6.56% | -1.55% | -2.97% | 6.23% | 7.47% |
Benchmark Metrics
Pacer Emerging Markets Cash Cows 100 ETF has an annualized alpha of -0.12%, beta of 0.60, and R2 of 0.35 versus S&P 500 Index. Calculated based on daily prices since May 06, 2019.
- This ETF participated in 94.21% of S&P 500 Index downside but only 71.08% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.60 may look defensive, but with R2 of 0.35 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.35 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -0.12%
- Beta
- 0.60
- R²
- 0.35
- Upside Capture
- 71.08%
- Downside Capture
- 94.21%
Expense Ratio
ECOW has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
ECOW ranks 69 for risk / return — better than 69% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ECOW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.32 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | 2.46 | +1.23 |
| Martin ratioReturn relative to average drawdown | 11.56 | 10.92 | +0.65 |
Dividends
Dividend History
Pacer Emerging Markets Cash Cows 100 ETF provided a 4.61% dividend yield over the last twelve months, with an annual payout of $1.22 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.22 | $1.27 | $1.43 | $1.10 | $1.38 | $1.08 | $0.80 | $2.05 |
Dividend yield | 4.61% | 5.20% | 7.35% | 5.46% | 7.50% | 4.39% | 3.35% | 8.08% |
Monthly Dividends
The table displays the monthly dividend distributions for Pacer Emerging Markets Cash Cows 100 ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.86 | $1.27 |
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.62 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.55 | $1.43 |
| 2023 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.18 | $1.10 |
| 2022 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.69 | $0.00 | $0.00 | $0.15 | $1.38 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.61 | $0.00 | $0.00 | $0.26 | $1.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Pacer Emerging Markets Cash Cows 100 ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Pacer Emerging Markets Cash Cows 100 ETF was 40.27%, occurring on Mar 18, 2020. Recovery took 208 trading sessions.
The current Pacer Emerging Markets Cash Cows 100 ETF drawdown is 7.07%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -40.27%Mar 2020 | 2mo 12d | 10mo 1d | 1y 8dJan 2020 - Jan 2021 |
Bear market2022 | -33.67%Sep 2022 | 1y 3mo | 2y 3d | 3y 3moJun 2021 - Oct 2024 |
2025 selloff2025 | -18.77%Apr 2025 | 6mo 2d | 2mo 5d | 8mo 7dOct 2024 - Jun 2025 |
2019 pullback2019 | -9.93%Aug 2019 | 1mo 3d | 2mo 9d | 3mo 12dJul 2019 - Nov 2019 |
2026 pullback2026 | -8.35%Mar 2026 | 22d | 25d | 1mo 17dFeb 2026 - Apr 2026 |
Drawdown Indicators
| ECOW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.27% | -56.78% | +16.51% |
Max Drawdown (1Y)Largest decline over 1 year | -8.35% | -9.10% | +0.75% |
Max Drawdown (3Y)Largest decline over 3 years | -18.77% | -18.90% | +0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -33.30% | -25.43% | -7.87% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -7.07% | -3.21% | -3.86% |
Average DrawdownAverage peak-to-trough decline | -11.02% | -10.71% | -0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.66% | 2.04% | +0.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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