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COWZ vs. SCHD

Last updated Dec 9, 2023

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


COWZSCHD
YTD Return10.55%-0.41%
1Y Return8.00%-1.65%
3Y Return (Ann)17.15%7.57%
5Y Return (Ann)15.57%12.01%
Sharpe Ratio0.50-0.08
Daily Std Dev16.49%12.94%
Max Drawdown-38.63%-33.37%

Correlation

0.86
-1.001.00

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.


90.00%100.00%110.00%120.00%130.00%140.00%JulyAugustSeptemberOctoberNovemberDecember
131.57%
107.33%
COWZ
SCHD

Compare stocks, funds, or ETFs


Pacer US Cash Cows 100 ETF

Schwab US Dividend Equity ETF

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.


TTM20222021202020192018201720162015201420132012
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 has a 0.49% expense ratio, which is higher than SCHD's 0.06% expense ratio.

0.49%
0.00%2.15%
0.06%
0.00%2.15%

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
COWZ
Pacer US Cash Cows 100 ETF
0.50
SCHD
Schwab US Dividend Equity ETF
-0.08

COWZ vs. SCHD - Sharpe Ratio Comparison

The current COWZ Sharpe Ratio is 0.50, which is higher than the SCHD Sharpe Ratio of -0.08. The chart below compares the 12-month rolling Sharpe Ratio of COWZ and SCHD.


Rolling 12-month Sharpe Ratio-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.50
-0.08
COWZ
SCHD

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


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.87%
-4.96%
COWZ
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.


2.50%3.00%3.50%4.00%4.50%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.78%
3.10%
COWZ
SCHD