COWZ vs. SCHD
Compare and contrast key facts about Pacer US Cash Cows 100 ETF (COWZ) and Schwab US Dividend Equity ETF (SCHD).
COWZ and SCHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011. Both COWZ and SCHD 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: COWZ or SCHD.
Key characteristics
| COWZ | SCHD | |
|---|---|---|
| YTD Return | 10.55% | -0.41% |
| 1Y Return | 8.00% | -1.65% |
| 3Y Return (Ann) | 17.15% | 7.57% |
| 5Y Return (Ann) | 15.57% | 12.01% |
| Sharpe Ratio | 0.50 | -0.08 |
| Daily Std Dev | 16.49% | 12.94% |
| Max Drawdown | -38.63% | -33.37% |
Correlation
The correlation between COWZ and SCHD is 0.86, 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.
COWZ vs. SCHD - Performance Comparison
In the year-to-date period, COWZ achieves a 10.55% return, which is significantly higher than SCHD's -0.41% 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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COWZ vs. SCHD - Dividend Comparison
COWZ's dividend yield for the trailing twelve months is around 2.03%, less than SCHD's 3.67% yield.
| TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COWZ Pacer US Cash Cows 100 ETF | 2.03% | 1.96% | 1.48% | 2.54% | 1.96% | 1.67% | 1.95% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.67% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% | 2.86% |
COWZ vs. SCHD - Expense Ratio Comparison
COWZ vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer US Cash Cows 100 ETF (COWZ) and Schwab US Dividend Equity ETF (SCHD). 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
COWZ Pacer US Cash Cows 100 ETF | 0.50 | ||||
SCHD Schwab US Dividend Equity ETF | -0.08 |
COWZ vs. SCHD - Drawdown Comparison
The maximum COWZ drawdown for the period was -8.28%, higher than the maximum SCHD drawdown of -13.22%. The drawdown chart below compares losses from any high point along the way for COWZ and SCHD
COWZ vs. SCHD - Volatility Comparison
Pacer US Cash Cows 100 ETF (COWZ) has a higher volatility of 3.78% compared to Schwab US Dividend Equity ETF (SCHD) at 3.10%. This indicates that COWZ's price experiences larger fluctuations and is considered to be riskier than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.