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Pacer Global Cash Cows Dividend ETF (GCOW)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Pacer
Inception Date
Feb 23, 2016
Region
Developed Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
Pacer Global Cash Cows Dividends Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Pacer Global Cash Cows Dividend ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Pacer Global Cash Cows Dividend ETF (GCOW) has returned 13.21% so far this year and 31.30% over the past 12 months. Over the last ten years, GCOW has returned 10.20% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Pacer Global Cash Cows Dividend ETF

1D
0.85%
1M
-1.84%
YTD
13.21%
6M
20.65%
1Y
31.30%
3Y*
16.89%
5Y*
13.65%
10Y*
10.20%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 23, 2016, GCOW's average daily return is +0.05%, while the average monthly return is +0.95%. At this rate, your investment would double in approximately 6.1 years.

Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +16.6%, while the worst month was Mar 2020 at -16.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, GCOW closed higher 54% of trading days. The best single day was Mar 28, 2016 with a return of +20.5%, while the worst single day was Mar 29, 2016 at -15.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20267.01%7.78%-1.84%13.21%
20252.85%4.18%2.47%-0.57%2.39%1.72%0.33%5.39%-0.61%0.61%3.99%1.86%27.34%
2024-1.75%0.09%3.99%-1.73%3.55%-2.47%4.24%3.47%1.21%-3.43%0.60%-3.82%3.52%
20236.49%-2.96%3.03%1.96%-6.79%5.54%4.86%-2.88%-1.32%-3.01%5.32%3.95%13.95%
20224.64%0.49%2.14%-2.24%5.09%-9.80%1.75%-4.95%-8.74%7.96%12.71%-1.32%5.49%
20210.42%2.24%5.07%1.40%2.81%-1.03%0.06%0.29%-3.49%0.77%-1.91%7.55%14.58%

Benchmark Metrics

Pacer Global Cash Cows Dividend ETF has an annualized alpha of 2.32%, beta of 0.71, and R² of 0.49 versus S&P 500 Index. Calculated based on daily prices since February 24, 2016.

  • This ETF participated in 74.42% of S&P 500 Index downside but only 72.96% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.49 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
2.32%
Beta
0.71
0.49
Upside Capture
72.96%
Downside Capture
74.42%

Expense Ratio

GCOW has an expense ratio of 0.60%, placing it in the medium range.


Return for Risk

Risk / Return Rank

GCOW ranks 92 for risk / return — in the top 92% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


GCOW Risk / Return Rank: 9292
Overall Rank
GCOW Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
GCOW Sortino Ratio Rank: 9494
Sortino Ratio Rank
GCOW Omega Ratio Rank: 9393
Omega Ratio Rank
GCOW Calmar Ratio Rank: 8787
Calmar Ratio Rank
GCOW Martin Ratio Rank: 9393
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Pacer Global Cash Cows Dividend ETF (GCOW) and compare them to a chosen benchmark (S&P 500 Index).


GCOWBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.27

0.90

+1.37

Sortino ratio

Return per unit of downside risk

3.01

1.39

+1.62

Omega ratio

Gain probability vs. loss probability

1.44

1.21

+0.23

Calmar ratio

Return relative to maximum drawdown

2.77

1.40

+1.38

Martin ratio

Return relative to average drawdown

14.12

6.61

+7.51

Explore GCOW risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Pacer Global Cash Cows Dividend ETF provided a 4.39% dividend yield over the last twelve months, with an annual payout of $2.03 per share.


2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50$2.002016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019201820172016
Dividend$2.03$1.67$1.73$1.81$1.39$1.33$1.18$1.38$1.10$0.88$0.52

Dividend yield

4.39%4.06%5.14%5.28%4.39%4.23%4.12%4.40%3.94%2.79%1.95%

Monthly Dividends

The table displays the monthly dividend distributions for Pacer Global Cash Cows Dividend ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.42$0.42
2025$0.00$0.00$0.06$0.00$0.00$0.32$0.00$0.00$0.28$0.00$0.00$1.01$1.67
2024$0.00$0.00$0.35$0.00$0.00$0.72$0.00$0.00$0.32$0.00$0.00$0.36$1.73
2023$0.00$0.00$0.16$0.00$0.00$0.58$0.00$0.00$0.79$0.00$0.00$0.28$1.81
2022$0.00$0.00$0.27$0.00$0.00$0.28$0.00$0.00$0.46$0.00$0.00$0.38$1.39
2021$0.00$0.00$0.25$0.00$0.00$0.19$0.00$0.00$0.61$0.00$0.00$0.28$1.33

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 Global Cash Cows Dividend 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 Global Cash Cows Dividend ETF was 37.64%, occurring on Mar 23, 2020. Recovery took 233 trading sessions.

The current Pacer Global Cash Cows Dividend ETF drawdown is 1.84%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-37.64%Jan 21, 202044Mar 23, 2020233Feb 24, 2021277
-21.48%Jun 8, 202277Sep 27, 202274Jan 12, 2023151
-19.76%Mar 29, 201664Jun 27, 2016319Oct 2, 2017383
-16.11%Jan 29, 2018229Dec 24, 2018217Nov 4, 2019446
-12.35%Mar 19, 202515Apr 8, 202529May 20, 202544

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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