ECOW vs. EMOP

Last updated Jun 4, 2026

ECOW (Pacer Emerging Markets Cash Cows 100 ETF) and EMOP (AB Emerging Markets Opportunities ETF) are both Emerging Markets Equities funds. ECOW is passively managed, while EMOP is actively managed. A 0.74 correlation means they provide meaningful diversification when combined. Both charge a 0.70% expense ratio.

Performance

ECOW vs. EMOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and AB Emerging Markets Opportunities ETF (EMOP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ECOW achieves a 13.10% return, which is significantly lower than EMOP's 32.56% return.

ECOW

• 1D: -1.50%
• 1M: -0.42%
• YTD: 13.10%
• 6M: 12.29%
• 1Y: 35.35%
• 3Y*: 19.90%
• 5Y*: 6.12%
• 10Y*: —

EMOP

• 1D: -0.72%
• 1M: 8.86%
• YTD: 32.56%
• 6M: 34.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ECOW vs. EMOP - Yearly Performance Comparison

	2026 (YTD)	2025
ECOW Pacer Emerging Markets Cash Cows 100 ETF	13.10%	18.84%
EMOP AB Emerging Markets Opportunities ETF	32.56%	16.69%

Correlation

The correlation between ECOW and EMOP is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 20, 2025	0.74

ECOW vs. EMOP - Sectors Allocation Comparison

Sectors	ECOW	EMOP
Communication Services	18.4%	12.3%
Energy	16.1%	2.6%
Industrials	15.5%	8.1%
Consumer Cyclical	12.5%	7.8%
Technology	9.8%	30.3%
Basic Materials	9.6%	7.0%
Consumer Defensive	8.5%	1.4%
Utilities	7.9%	2.8%
Healthcare	1.6%	1.6%
Financial Services	-	24.0%
Real Estate	-	2.3%

Return for Risk

ECOW vs. EMOP — Risk / Return Rank

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

ECOW

ECOW Risk / Return Rank: 77
ECOW Sharpe Ratio Rank: 76
ECOW Sortino Ratio Rank: 72
ECOW Omega Ratio Rank: 76
ECOW Calmar Ratio Rank: 81
ECOW Martin Ratio Rank: 79

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.

ECOW vs. EMOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and AB Emerging Markets Opportunities ETF (EMOP). 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.

	ECOW	EMOP	Difference
Sharpe ratio: Return per unit of total volatility	2.50	—	—
Sortino ratio: Return per unit of downside risk	3.30	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	4.25	—	—
Martin ratio: Return relative to average drawdown	15.39	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	ECOW	EMOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.50	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	2.93	-2.56

Drawdowns

ECOW vs. EMOP - Drawdown Comparison

The maximum ECOW drawdown since its inception was -40.27%, which is greater than EMOP's maximum drawdown of -12.88%. Use the drawdown chart below to compare losses from any high point for ECOW and EMOP.

Drawdown Indicators

	ECOW	EMOP	Difference
Max Drawdown Largest peak-to-trough decline	-40.27%	-12.88%	-27.39%
Max Drawdown (1Y) Largest decline over 1 year	-8.35%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-33.67%	—	—
Current Drawdown Current decline from peak	-3.53%	-0.72%	-2.81%
Average Drawdown Average peak-to-trough decline	-11.07%	-1.90%	-9.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	—	—

Volatility

Volatility by Period

	ECOW	EMOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.88%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.19%	19.85%	-5.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.65%	19.85%	-2.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.13%	19.85%	+0.28%

ECOW vs. EMOP - Expense Ratio Comparison

Both ECOW and EMOP have an expense ratio of 0.70%.

Dividends

ECOW vs. EMOP - Dividend Comparison

ECOW's dividend yield for the trailing twelve months is around 4.60%, more than EMOP's 0.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ECOW Pacer Emerging Markets Cash Cows 100 ETF	4.60%	5.20%	7.35%	5.46%	7.50%	4.39%	3.35%	8.08%
EMOP AB Emerging Markets Opportunities ETF	0.82%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ECOW and EMOP in my portfolio?

ECOW and EMOP have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ECOW or EMOP?

Both ETFs have the same 0.70% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ECOW or EMOP?

ECOW and EMOP have the same expense ratio: 0.70% per year.

Which ETF pays a higher dividend yield, ECOW or EMOP?

ECOW has the higher dividend yield at 4.60%, compared with 0.82% for EMOP.

What is the main difference between ECOW and EMOP?

They also come from different issuers: Pacer and AllianceBernstein.