ECOW vs. EYLD

Last updated Apr 1, 2026

Compare and contrast key facts about Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and Cambria Emerging Shareholder Yield ETF (EYLD).

ECOW and EYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ECOW is a passively managed fund by Pacer that tracks the performance of the Pacer Emerging Markets Cash Cows 100 Index. It was launched on May 2, 2019. EYLD is an actively managed fund by Cambria. It was launched on Jul 14, 2016.

Performance

ECOW vs. EYLD - Performance Comparison

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

ECOW vs. EYLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ECOW Pacer Emerging Markets Cash Cows 100 ETF	9.29%	32.50%	3.17%	15.79%	-19.28%	7.47%	-2.51%	10.37%
EYLD Cambria Emerging Shareholder Yield ETF	8.65%	29.39%	4.72%	18.77%	-16.10%	11.44%	10.13%	7.62%

Returns By Period

In the year-to-date period, ECOW achieves a 9.29% return, which is significantly higher than EYLD's 8.65% return.

ECOW

• 1D: 2.44%
• 1M: -4.14%
• YTD: 9.29%
• 6M: 12.97%
• 1Y: 37.65%
• 3Y*: 18.71%
• 5Y*: 6.93%
• 10Y*: —

EYLD

• 1D: 3.16%
• 1M: -7.14%
• YTD: 8.65%
• 6M: 15.08%
• 1Y: 38.64%
• 3Y*: 19.59%
• 5Y*: 7.96%
• 10Y*: —

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

ECOW vs. EYLD - Expense Ratio Comparison

ECOW has a 0.70% expense ratio, which is higher than EYLD's 0.65% expense ratio.

ECOW

Pacer Emerging Markets Cash Cows 100 ETF

EYLD

Cambria Emerging Shareholder Yield ETF

Return for Risk

ECOW vs. EYLD — Risk / Return Rank

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

ECOW

ECOW Risk / Return Rank: 93
ECOW Sharpe Ratio Rank: 94
ECOW Sortino Ratio Rank: 94
ECOW Omega Ratio Rank: 95
ECOW Calmar Ratio Rank: 89
ECOW Martin Ratio Rank: 94

EYLD

EYLD Risk / Return Rank: 91
EYLD Sharpe Ratio Rank: 92
EYLD Sortino Ratio Rank: 91
EYLD Omega Ratio Rank: 92
EYLD Calmar Ratio Rank: 88
EYLD Martin Ratio Rank: 91

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. EYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and Cambria Emerging Shareholder Yield ETF (EYLD). 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	EYLD	Difference
Sharpe ratio Return per unit of total volatility	2.28	2.09	+0.19
Sortino ratio Return per unit of downside risk	2.87	2.62	+0.25
Omega ratio Gain probability vs. loss probability	1.46	1.41	+0.05
Calmar ratio Return relative to maximum drawdown	2.85	2.71	+0.14
Martin ratio Return relative to average drawdown	14.23	12.03	+2.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ECOW vs. EYLD - Sharpe Ratio Comparison

The current ECOW Sharpe Ratio is 2.28, which is comparable to the EYLD Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of ECOW and EYLD, 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

	ECOW	EYLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	2.09	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.39	0.44	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.50	-0.14

Correlation

The correlation between ECOW and EYLD is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

ECOW vs. EYLD - Dividend Comparison

ECOW's dividend yield for the trailing twelve months is around 4.76%, less than EYLD's 5.57% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ECOW Pacer Emerging Markets Cash Cows 100 ETF	4.76%	5.20%	7.35%	5.46%	7.50%	4.39%	3.35%	8.08%	0.00%	0.00%	0.00%
EYLD Cambria Emerging Shareholder Yield ETF	5.57%	5.40%	5.16%	5.54%	6.97%	7.27%	3.02%	4.21%	7.87%	2.77%	0.75%

Drawdowns

ECOW vs. EYLD - Drawdown Comparison

The maximum ECOW drawdown since its inception was -40.27%, roughly equal to the maximum EYLD drawdown of -41.82%. Use the drawdown chart below to compare losses from any high point for ECOW and EYLD.

Drawdown Indicators

	ECOW	EYLD	Difference
Max Drawdown Largest peak-to-trough decline	-40.27%	-41.82%	+1.55%
Max Drawdown (1Y) Largest decline over 1 year	-13.09%	-13.65%	+0.56%
Max Drawdown (5Y) Largest decline over 5 years	-33.67%	-30.26%	-3.41%
Current Drawdown Current decline from peak	-4.82%	-7.70%	+2.88%
Average Drawdown Average peak-to-trough decline	-11.29%	-10.43%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	3.08%	-0.45%

Volatility

ECOW vs. EYLD - Volatility Comparison

The current volatility for Pacer Emerging Markets Cash Cows 100 ETF (ECOW) is 7.25%, while Cambria Emerging Shareholder Yield ETF (EYLD) has a volatility of 9.30%. This indicates that ECOW experiences smaller price fluctuations and is considered to be less risky than EYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECOW	EYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.25%	9.30%	-2.05%
Volatility (6M) Calculated over the trailing 6-month period	11.25%	12.90%	-1.65%
Volatility (1Y) Calculated over the trailing 1-year period	16.60%	18.61%	-2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.66%	18.10%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.26%	21.62%	-1.36%