COWG vs. COWZ
Compare and contrast key facts about Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) and Pacer US Cash Cows 100 ETF (COWZ).
COWG and COWZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. COWG is a passively managed fund by Pacer that tracks the performance of the Pacer US Large Cap Cash Cows Growth Leaders Index - USD - Benchmark TR Gross. It was launched on Dec 21, 2022. 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. Both COWG and COWZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COWG or COWZ.
Key characteristics
| COWG | COWZ | |
|---|---|---|
| YTD Return | 38.15% | 16.47% |
| 1Y Return | 51.28% | 25.84% |
| Sharpe Ratio | 3.01 | 1.88 |
| Sortino Ratio | 3.91 | 2.72 |
| Omega Ratio | 1.52 | 1.33 |
| Calmar Ratio | 4.59 | 3.40 |
| Martin Ratio | 19.40 | 8.07 |
| Ulcer Index | 2.63% | 3.19% |
| Daily Std Dev | 16.96% | 13.70% |
| Max Drawdown | -11.11% | -38.63% |
| Current Drawdown | -0.12% | -0.93% |
Correlation
The correlation between COWG and COWZ is 0.66, 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.
Performance
COWG vs. COWZ - Performance Comparison
In the year-to-date period, COWG achieves a 38.15% return, which is significantly higher than COWZ's 16.47% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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COWG vs. COWZ - Expense Ratio Comparison
Both COWG and COWZ have an expense ratio of 0.49%.
Risk-Adjusted Performance
COWG vs. COWZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) 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
COWG vs. COWZ - Dividend Comparison
COWG's dividend yield for the trailing twelve months is around 0.37%, less than COWZ's 1.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF | 0.37% | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COWZ Pacer US Cash Cows 100 ETF | 1.83% | 1.92% | 1.96% | 1.48% | 2.54% | 1.96% | 1.67% | 1.94% | 0.13% |
Drawdowns
COWG vs. COWZ - Drawdown Comparison
The maximum COWG drawdown since its inception was -11.11%, smaller than the maximum COWZ drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for COWG and COWZ. For additional features, visit the drawdowns tool.
Volatility
COWG vs. COWZ - Volatility Comparison
Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) has a higher volatility of 5.10% compared to Pacer US Cash Cows 100 ETF (COWZ) at 4.08%. This indicates that COWG's price experiences larger fluctuations and is considered to be riskier than COWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.