AIT vs. COWZ
Compare and contrast key facts about Applied Industrial Technologies, Inc. (AIT) and Pacer US Cash Cows 100 ETF (COWZ).
COWZ is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer US Cash Cows 100 Index. It was launched on Dec 16, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AIT or COWZ.
Correlation
The correlation between AIT and COWZ is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
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AIT vs. COWZ - Performance Comparison
Key characteristics
AIT:
0.43
COWZ:
-0.56
AIT:
0.84
COWZ:
-0.67
AIT:
1.11
COWZ:
0.92
AIT:
0.59
COWZ:
-0.58
AIT:
1.60
COWZ:
-1.70
AIT:
8.37%
COWZ:
5.03%
AIT:
31.30%
COWZ:
15.33%
AIT:
-66.46%
COWZ:
-38.63%
AIT:
-22.62%
COWZ:
-14.78%
Returns By Period
In the year-to-date period, AIT achieves a -9.36% return, which is significantly lower than COWZ's -7.82% return.
AIT
-9.36%
-5.74%
-1.64%
11.74%
40.29%
19.08%
COWZ
-7.82%
-5.83%
-9.66%
-8.95%
22.64%
N/A
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Risk-Adjusted Performance
AIT vs. COWZ — Risk-Adjusted Performance Rank
AIT
COWZ
AIT vs. COWZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Applied Industrial Technologies, Inc. (AIT) and Pacer US Cash Cows 100 ETF (COWZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AIT vs. COWZ - Dividend Comparison
AIT's dividend yield for the trailing twelve months is around 0.72%, less than COWZ's 1.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
Drawdowns
AIT vs. COWZ - Drawdown Comparison
The maximum AIT drawdown since its inception was -66.46%, which is greater than COWZ's maximum drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for AIT and COWZ. For additional features, visit the drawdowns tool.
Volatility
AIT vs. COWZ - Volatility Comparison
The current volatility for Applied Industrial Technologies, Inc. (AIT) is NaN%, while Pacer US Cash Cows 100 ETF (COWZ) has a volatility of NaN%. This indicates that AIT experiences smaller price fluctuations and is considered to be less risky than COWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with AIT or COWZ
-10%
YTD
Recent discussions
Going forward performance roughly coinciding with historically optimized portfolios on this site?
I'm quite new to the site, but I am concerned that a portfolio optimized with past data may have no bearing at all on its future performance. Has anyone been around long enough to speak to this concern. Have you outperformed a relevant benchmark with actual invested money?
Also, if you've been here awhile, what tools on the site do you find most useful?
Thanks for reading!
Bob Peticolas
Dividends
Farshad
Dividend reinvestment
Ed