ECOW vs. MOTI

Last updated Jun 24, 2026

ECOW (Pacer Emerging Markets Cash Cows 100 ETF) and MOTI (VanEck Vectors Morningstar International Moat ETF) are both exchange-traded funds - ECOW is a Emerging Markets Equities fund tracking the Pacer Emerging Markets Cash Cows 100 Index, while MOTI is a Foreign Large Cap Equities fund tracking the Morningstar Global ex-US Moat Focus Index. Both are passively managed. Over the past 5 years, ECOW returned 5.74%/yr vs 1.74%/yr for MOTI. A 0.65 correlation means they provide meaningful diversification when combined. ECOW charges 0.70%/yr vs 0.57%/yr for MOTI.

Performance

ECOW vs. MOTI - Performance Comparison

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

Returns By Period

In the year-to-date period, ECOW achieves a 8.95% return, which is significantly higher than MOTI's -9.93% return.

ECOW

• 1D: -0.95%
• 1M: -3.09%
• YTD: 8.95%
• 6M: 8.43%
• 1Y: 30.63%
• 3Y*: 17.90%
• 5Y*: 5.74%
• 10Y*: —

MOTI

• 1D: -1.04%
• 1M: -5.33%
• YTD: -9.93%
• 6M: -9.29%
• 1Y: 0.81%
• 3Y*: 5.68%
• 5Y*: 1.74%
• 10Y*: 6.50%

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

ECOW vs. MOTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ECOW Pacer Emerging Markets Cash Cows 100 ETF	8.95%	32.50%	3.17%	15.79%	-19.28%	7.47%	-2.51%	10.37%
MOTI VanEck Vectors Morningstar International Moat ETF	-9.93%	25.01%	1.94%	10.18%	-6.93%	0.03%	7.24%	3.68%

Correlation

The correlation between ECOW and MOTI is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.70
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since May 6, 2019	0.65

The correlation between ECOW and MOTI shifts across timeframes, from 0.60 (1 year) to 0.70 (5 years), reflecting how their relationship changes across market environments.

ECOW vs. MOTI - Sectors Allocation Comparison

Sectors	ECOW	MOTI
Communication Services	15.1%	7.3%
Industrials	15.0%	23.0%
Consumer Cyclical	10.7%	12.6%
Technology	10.3%	10.6%
Energy	9.8%	-
Consumer Defensive	9.1%	20.9%
Basic Materials	8.4%	9.3%
Utilities	6.2%	-
Healthcare	0.9%	13.0%
Financial Services	-	3.4%
Real Estate	-	-

Return for Risk

ECOW vs. MOTI — Risk / Return Rank

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

ECOW

ECOW Risk / Return Rank: 69
ECOW Sharpe Ratio Rank: 69
ECOW Sortino Ratio Rank: 65
ECOW Omega Ratio Rank: 68
ECOW Calmar Ratio Rank: 77
ECOW Martin Ratio Rank: 68

MOTI

MOTI Risk / Return Rank: 9
MOTI Sharpe Ratio Rank: 9
MOTI Sortino Ratio Rank: 9
MOTI Omega Ratio Rank: 9
MOTI Calmar Ratio Rank: 9
MOTI Martin Ratio Rank: 9

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. MOTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Emerging Markets Cash Cows 100 ETF (ECOW) and VanEck Vectors Morningstar International Moat ETF (MOTI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ECOW	MOTI	Difference
Sharpe ratio: Return per unit of total volatility	2.08	0.06	+2.03
Sortino ratio: Return per unit of downside risk	2.82	0.18	+2.64
Omega ratio: Gain probability vs. loss probability	1.38	1.02	+0.36
Calmar ratio: Return relative to maximum drawdown	3.69	0.05	+3.63
Martin ratio: Return relative to average drawdown	11.56	0.13	+11.44

ECOW vs. MOTI - Sharpe Ratio Comparison

The current ECOW Sharpe Ratio is 2.08, which is higher than the MOTI Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of ECOW and MOTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ECOW vs. MOTI - Drawdown Comparison

The maximum ECOW drawdown since its inception was -40.27%, which is greater than MOTI's maximum drawdown of -36.70%. Use the drawdown chart below to compare losses from any high point for ECOW and MOTI.

Drawdown Indicators

	ECOW	MOTI	Difference
Max Drawdown Largest peak-to-trough decline	-40.27%	-36.70%	-3.57%
Max Drawdown (1Y) Largest decline over 1 year	-8.35%	-15.45%	+7.10%
Max Drawdown (3Y) Largest decline over 3 years	-18.77%	-16.35%	-2.42%
Max Drawdown (5Y) Largest decline over 5 years	-33.30%	-28.77%	-4.53%
Max Drawdown (10Y) Largest decline over 10 years	—	-36.70%	—
Current Drawdown Current decline from peak	-7.07%	-15.20%	+8.13%
Average Drawdown Average peak-to-trough decline	-11.02%	-9.15%	-1.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	6.44%	-3.78%

Volatility

ECOW vs. MOTI - Volatility Comparison

Pacer Emerging Markets Cash Cows 100 ETF (ECOW) has a higher volatility of 5.40% compared to VanEck Vectors Morningstar International Moat ETF (MOTI) at 3.06%. This indicates that ECOW's price experiences larger fluctuations and is considered to be riskier than MOTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ECOW	MOTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.40%	3.06%	+2.34%
Volatility (6M) Calculated over the trailing 6-month period	11.78%	11.09%	+0.69%
Volatility (1Y) Calculated over the trailing 1-year period	14.78%	14.40%	+0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.75%	17.54%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.13%	17.82%	+2.31%

ECOW vs. MOTI - Expense Ratio Comparison

ECOW has a 0.70% expense ratio, which is higher than MOTI's 0.57% expense ratio.

Dividends

ECOW vs. MOTI - Dividend Comparison

ECOW's dividend yield for the trailing twelve months is around 4.61%, more than MOTI's 3.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ECOW Pacer Emerging Markets Cash Cows 100 ETF	4.61%	5.20%	7.35%	5.46%	7.50%	4.39%	3.35%	8.08%	0.00%	0.00%	0.00%	0.00%
MOTI VanEck Vectors Morningstar International Moat ETF	3.58%	3.22%	4.79%	2.34%	3.27%	4.67%	2.14%	3.90%	3.73%	8.87%	1.33%	0.84%

Frequently Asked Questions

Can I hold both ECOW and MOTI in my portfolio?

ECOW and MOTI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ECOW or MOTI?

ECOW has higher volatility (5.40%) compared to MOTI (3.06%). In terms of maximum drawdown, ECOW dropped -40.27% vs MOTI's -36.70%.

Which ETF is better, ECOW or MOTI?

On 5-year performance, ECOW leads with 5.74% vs 1.74% for MOTI. On fees, MOTI is cheaper at 0.57% per year. On volatility, MOTI has been the lower-risk option at 3.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ECOW or MOTI?

Over the 5-year period, ECOW has performed better with a 5.74% return vs 1.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ECOW or MOTI?

MOTI is cheaper with a 0.57% expense ratio, compared with 0.70% for ECOW.

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

ECOW has the higher dividend yield at 4.61%, compared with 3.58% for MOTI.

What is the main difference between ECOW and MOTI?

ECOW is categorized as Emerging Markets Equities, while MOTI is Foreign Large Cap Equities. ECOW tracks Pacer Emerging Markets Cash Cows 100 Index, while MOTI tracks Morningstar Global ex-US Moat Focus Index. They also come from different issuers: Pacer and VanEck. Their fees differ too: 0.70% for ECOW and 0.57% for MOTI.

Which has better risk-adjusted returns?

ECOW currently has the higher Sharpe Ratio (2.08 vs 0.06), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.