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Pacer Developed Markets International Cash Cows 10...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Pacer
Inception Date
Jun 16, 2017
Region
Developed Markets (Broad)
Leveraged
1x (No leverage)
Index Tracked
Pacer Developed Markets International Cash Cows 100 Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Value

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Pacer Developed Markets International Cash Cows 100 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 Developed Markets International Cash Cows 100 ETF (ICOW) has returned 9.82% so far this year and 38.68% over the past 12 months.


Pacer Developed Markets International Cash Cows 100 ETF

1D
2.29%
1M
-5.12%
YTD
9.82%
6M
18.13%
1Y
38.68%
3Y*
17.01%
5Y*
10.19%
10Y*

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 Jun 19, 2017, ICOW's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, your investment would double in approximately 6.5 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +20.0%, while the worst month was Mar 2020 at -17.3%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.

On a daily basis, ICOW closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +9.0%, while the worst single day was Mar 12, 2020 at -11.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20266.10%9.09%-5.12%9.82%
20252.59%2.76%2.88%1.08%4.54%3.27%0.13%4.99%2.33%4.37%1.10%1.94%36.95%
2024-0.74%-0.16%3.38%-1.50%4.58%-4.79%2.44%1.51%0.68%-4.32%-0.05%-3.18%-2.59%
20237.70%-1.69%2.73%1.28%-6.27%7.08%6.22%-3.39%-0.59%-3.78%5.15%4.22%18.94%
20221.35%-1.30%0.63%-5.29%4.91%-12.21%4.12%-5.67%-10.67%8.09%13.89%-2.96%-7.98%
20211.13%2.79%5.10%2.66%3.81%-1.62%-0.98%0.45%-3.00%0.10%-4.31%5.34%11.52%

Benchmark Metrics

Pacer Developed Markets International Cash Cows 100 ETF has an annualized alpha of 1.18%, beta of 0.74, and R² of 0.58 versus S&P 500 Index. Calculated based on daily prices since June 20, 2017.

  • This ETF participated in 84.58% of S&P 500 Index downside but only 77.72% of its upside — more exposed to losses than it benefited from rallies.

Alpha
1.18%
Beta
0.74
0.58
Upside Capture
77.72%
Downside Capture
84.58%

Expense Ratio

ICOW has an expense ratio of 0.65%, placing it in the medium range.


Return for Risk

Risk / Return Rank

ICOW ranks 93 for risk / return — in the top 93% 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.


ICOW Risk / Return Rank: 9393
Overall Rank
ICOW Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
ICOW Sortino Ratio Rank: 9393
Sortino Ratio Rank
ICOW Omega Ratio Rank: 9494
Omega Ratio Rank
ICOW Calmar Ratio Rank: 9090
Calmar Ratio Rank
ICOW Martin Ratio Rank: 9494
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 Developed Markets International Cash Cows 100 ETF (ICOW) and compare them to a chosen benchmark (S&P 500 Index).


ICOWBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.27

0.90

+1.38

Sortino ratio

Return per unit of downside risk

2.92

1.39

+1.54

Omega ratio

Gain probability vs. loss probability

1.45

1.21

+0.24

Calmar ratio

Return relative to maximum drawdown

3.08

1.40

+1.68

Martin ratio

Return relative to average drawdown

14.46

6.61

+7.85

Explore ICOW 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 Developed Markets International Cash Cows 100 ETF provided a 2.26% dividend yield over the last twelve months, with an annual payout of $0.96 per share.


1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$0.96$1.17$1.28$1.13$1.43$0.66$0.70$0.85$0.63$0.24

Dividend yield

2.26%3.03%4.39%3.61%5.26%2.11%2.46%3.10%2.61%0.80%

Monthly Dividends

The table displays the monthly dividend distributions for Pacer Developed Markets International Cash Cows 100 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$0.04$0.04
2025$0.00$0.00$0.25$0.00$0.00$0.24$0.00$0.00$0.18$0.00$0.00$0.50$1.17
2024$0.00$0.00$0.06$0.00$0.00$0.97$0.00$0.00$0.15$0.00$0.00$0.10$1.28
2023$0.00$0.00$0.03$0.00$0.00$0.37$0.00$0.00$0.47$0.00$0.00$0.26$1.13
2022$0.00$0.00$0.24$0.00$0.00$0.30$0.00$0.00$0.54$0.00$0.00$0.36$1.43
2021$0.00$0.00$0.02$0.00$0.00$0.18$0.00$0.00$0.34$0.00$0.00$0.12$0.66

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 Developed Markets International 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 Developed Markets International Cash Cows 100 ETF was 43.49%, occurring on Mar 18, 2020. Recovery took 189 trading sessions.

The current Pacer Developed Markets International Cash Cows 100 ETF drawdown is 5.12%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-43.49%Jan 29, 2018538Mar 18, 2020189Dec 15, 2020727
-28.48%Jun 8, 2021329Sep 26, 2022206Jul 24, 2023535
-14.81%Mar 20, 202514Apr 8, 202524May 13, 202538
-9.32%May 22, 2024147Dec 19, 202450Mar 6, 2025197
-8.17%Aug 1, 202346Oct 4, 202355Dec 21, 2023101

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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