COWG vs. QMOM

Last updated Apr 2, 2026

Compare and contrast key facts about Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) and Alpha Architect U.S. Quantitative Momentum ETF (QMOM).

COWG and QMOM 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. It was launched on Dec 21, 2022. QMOM is an actively managed fund by Alpha Architect. It was launched on Dec 2, 2015.

Performance

COWG vs. QMOM - 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 Alpha Architect U.S. Quantitative Momentum ETF (QMOM). The values are adjusted to include any dividend payments, if applicable.

COWG vs. QMOM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF	-3.92%	10.24%	34.99%	20.69%	-0.68%
QMOM Alpha Architect U.S. Quantitative Momentum ETF	6.82%	2.36%	30.43%	9.50%	-0.05%

Returns By Period

In the year-to-date period, COWG achieves a -3.92% return, which is significantly lower than QMOM's 6.82% return.

COWG

• 1D: 0.24%
• 1M: -4.35%
• YTD: -3.92%
• 6M: -7.05%
• 1Y: 9.21%
• 3Y*: 18.49%
• 5Y*: —
• 10Y*: —

QMOM

• 1D: 2.11%
• 1M: -5.53%
• YTD: 6.82%
• 6M: 9.12%
• 1Y: 17.89%
• 3Y*: 16.74%
• 5Y*: 6.54%
• 10Y*: 12.39%

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

COWG vs. QMOM - Expense Ratio Comparison

COWG has a 0.49% expense ratio, which is higher than QMOM's 0.28% expense ratio.

COWG

Pacer US Large Cap Cash Cows Growth Leaders ETF

QMOM

Alpha Architect U.S. Quantitative Momentum ETF

Return for Risk

COWG vs. QMOM — Risk / Return Rank

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

COWG

COWG Risk / Return Rank: 26
COWG Sharpe Ratio Rank: 23
COWG Sortino Ratio Rank: 24
COWG Omega Ratio Rank: 24
COWG Calmar Ratio Rank: 31
COWG Martin Ratio Rank: 29

QMOM

QMOM Risk / Return Rank: 40
QMOM Sharpe Ratio Rank: 35
QMOM Sortino Ratio Rank: 36
QMOM Omega Ratio Rank: 35
QMOM Calmar Ratio Rank: 49
QMOM Martin Ratio Rank: 46

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. QMOM - 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 Alpha Architect U.S. Quantitative Momentum ETF (QMOM). 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.

	COWG	QMOM	Difference
Sharpe ratio Return per unit of total volatility	0.41	0.70	-0.29
Sortino ratio Return per unit of downside risk	0.74	1.08	-0.34
Omega ratio Gain probability vs. loss probability	1.10	1.15	-0.05
Calmar ratio Return relative to maximum drawdown	0.79	1.33	-0.54
Martin ratio Return relative to average drawdown	2.55	4.59	-2.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COWG vs. QMOM - Sharpe Ratio Comparison

The current COWG Sharpe Ratio is 0.41, which is lower than the QMOM Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of COWG and QMOM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	COWG	QMOM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.41	0.70	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.27	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	0.46	+0.47

Correlation

The correlation between COWG and QMOM is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

COWG vs. QMOM - Dividend Comparison

COWG's dividend yield for the trailing twelve months is around 0.35%, less than QMOM's 0.51% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF	0.35%	0.32%	0.40%	0.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QMOM Alpha Architect U.S. Quantitative Momentum ETF	0.51%	0.54%	1.40%	0.87%	1.59%	0.12%	0.08%	0.01%	0.05%	0.13%	0.34%

Drawdowns

COWG vs. QMOM - Drawdown Comparison

The maximum COWG drawdown since its inception was -23.60%, smaller than the maximum QMOM drawdown of -39.13%. Use the drawdown chart below to compare losses from any high point for COWG and QMOM.

Drawdown Indicators

	COWG	QMOM	Difference
Max Drawdown Largest peak-to-trough decline	-23.60%	-39.13%	+15.53%
Max Drawdown (1Y) Largest decline over 1 year	-12.96%	-13.55%	+0.59%
Max Drawdown (5Y) Largest decline over 5 years	—	-27.00%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.13%	—
Current Drawdown Current decline from peak	-7.98%	-5.53%	-2.45%
Average Drawdown Average peak-to-trough decline	-3.36%	-13.11%	+9.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.00%	3.93%	+0.07%

Volatility

COWG vs. QMOM - Volatility Comparison

The current volatility for Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is 5.87%, while Alpha Architect U.S. Quantitative Momentum ETF (QMOM) has a volatility of 11.62%. This indicates that COWG experiences smaller price fluctuations and is considered to be less risky than QMOM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	COWG	QMOM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.87%	11.62%	-5.75%
Volatility (6M) Calculated over the trailing 6-month period	13.24%	19.19%	-5.95%
Volatility (1Y) Calculated over the trailing 1-year period	22.50%	25.76%	-3.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.32%	24.73%	-5.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.32%	26.28%	-6.96%