COWG vs. GARY

Last updated Jul 15, 2026

COWG (Pacer US Large Cap Cash Cows Growth Leaders ETF) and GARY (Mango Growth ETF) are both Large Cap Growth Equities funds. COWG is passively managed, while GARY is actively managed. Their correlation of 0.87 suggests significant overlap in exposure. COWG charges 0.49%/yr vs 0.77%/yr for GARY.

Performance

COWG vs. GARY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) and Mango Growth ETF (GARY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, COWG achieves a 10.75% return, which is significantly lower than GARY's 31.48% return.

COWG

• 1D: 0.98%
• 1M: 0.07%
• 6M: 7.13%
• YTD: 10.75%
• 1Y: 12.04%
• 3Y*: 21.24%
• 5Y*: —
• 10Y*: —

GARY

• 1D: 1.12%
• 1M: 1.12%
• 6M: 24.74%
• YTD: 31.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COWG vs. GARY - Yearly Performance Comparison

	2026 (YTD)	2025
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF	10.75%	-1.01%
GARY Mango Growth ETF	31.48%	0.15%

Correlation

The correlation between COWG and GARY is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 22, 2025	0.87

Return for Risk

COWG vs. GARY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COWG

COWG Risk / Return Rank: 25
COWG Sharpe Ratio Rank: 23
COWG Sortino Ratio Rank: 22
COWG Omega Ratio Rank: 22
COWG Calmar Ratio Rank: 28
COWG Martin Ratio Rank: 29

GARY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

COWG vs. GARY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) and Mango Growth ETF (GARY). 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.

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.

	COWG	GARY	Difference
Sharpe ratio: Return per unit of total volatility	0.68	—	—
Sortino ratio: Return per unit of downside risk	1.04	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	1.12	—	—
Martin ratio: Return relative to average drawdown	3.21	—	—

Drawdowns

COWG vs. GARY - Drawdown Comparison

The maximum COWG drawdown since its inception was -23.60%, which is greater than GARY's maximum drawdown of -10.28%. Use the drawdown chart below to compare losses from any high point for COWG and GARY.

Drawdown Indicators

	COWG	GARY	Difference
Max Drawdown Largest peak-to-trough decline	-23.60%	-10.28%	-13.32%
Max Drawdown (1Y) Largest decline over 1 year	-10.79%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.60%	—	—
Current Drawdown Current decline from peak	-2.98%	-4.17%	+1.19%
Average Drawdown Average peak-to-trough decline	-3.26%	-1.88%	-1.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.76%	—	—

Volatility

Volatility by Period

	COWG	GARY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.76%	21.79%	-4.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.37%	21.79%	-2.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.37%	21.79%	-2.42%

COWG vs. GARY - Expense Ratio Comparison

COWG has a 0.49% expense ratio, which is lower than GARY's 0.77% expense ratio.

Dividends

COWG vs. GARY - Dividend Comparison

COWG's dividend yield for the trailing twelve months is around 0.36%, more than GARY's 0.04% yield.

Position	TTM	2025	2024	2023
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF	0.36%	0.32%	0.40%	0.47%
GARY Mango Growth ETF	0.04%	0.05%	0.00%	0.00%

Frequently Asked Questions

Can I hold both COWG and GARY in my portfolio?

COWG and GARY have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COWG or GARY?

On fees, COWG is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COWG or GARY?

COWG is cheaper with a 0.49% expense ratio, compared with 0.77% for GARY.

Which ETF pays a higher dividend yield, COWG or GARY?

COWG has the higher dividend yield at 0.36%, compared with 0.04% for GARY.

What is the main difference between COWG and GARY?

They also come from different issuers: Pacer and Mango. Their fees differ too: 0.49% for COWG and 0.77% for GARY.