ESIM vs. ICOW
ESIM (Eventide International ETF) and ICOW (Pacer Developed Markets International Cash Cows 100 ETF) are both Foreign Large Cap Equities funds. ESIM is actively managed, while ICOW is passively managed. A 0.69 correlation means they provide meaningful diversification when combined. ESIM charges 0.59%/yr vs 0.65%/yr for ICOW.
Performance
ESIM vs. ICOW - Performance Comparison
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Returns By Period
In the year-to-date period, ESIM achieves a 15.60% return, which is significantly higher than ICOW's 8.24% return.
ESIM
- 1D
- -0.47%
- 1M
- 2.21%
- YTD
- 15.60%
- 6M
- 15.29%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ICOW
- 1D
- -0.37%
- 1M
- -6.80%
- YTD
- 8.24%
- 6M
- 7.93%
- 1Y
- 26.63%
- 3Y*
- 16.72%
- 5Y*
- 8.62%
- 10Y*
- —
ESIM vs. ICOW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ESIM Eventide International ETF | 15.60% | 1.26% |
ICOW Pacer Developed Markets International Cash Cows 100 ETF | 8.24% | 0.61% |
Correlation
The correlation between ESIM and ICOW is 0.69, 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 Dec 17, 2025 | 0.69 |
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Return for Risk
ESIM vs. ICOW — Risk / Return Rank
ESIM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ICOW
ESIM vs. ICOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eventide International ETF (ESIM) and Pacer Developed Markets International Cash Cows 100 ETF (ICOW). 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.
| ESIM | ICOW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.20 | — |
| Martin ratioReturn relative to average drawdown | — | 10.66 | — |
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Drawdowns
ESIM vs. ICOW - Drawdown Comparison
The maximum ESIM drawdown since its inception was -11.26%, smaller than the maximum ICOW drawdown of -43.49%. Use the drawdown chart below to compare losses from any high point for ESIM and ICOW.
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Drawdown Indicators
| ESIM | ICOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.26% | -43.49% | +32.23% |
Max Drawdown (1Y)Largest decline over 1 year | — | -8.35% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.79% | — |
Current DrawdownCurrent decline from peak | -3.29% | -8.35% | +5.06% |
Average DrawdownAverage peak-to-trough decline | -2.17% | -7.56% | +5.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.50% | — |
Volatility
ESIM vs. ICOW - Volatility Comparison
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Volatility by Period
| ESIM | ICOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.83% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.91% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 17.14% | 14.75% | +2.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.14% | 16.77% | +0.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.14% | 18.50% | -1.36% |
ESIM vs. ICOW - Expense Ratio Comparison
ESIM has a 0.59% expense ratio, which is lower than ICOW's 0.65% expense ratio.
Dividends
ESIM vs. ICOW - Dividend Comparison
ESIM's dividend yield for the trailing twelve months is around 0.19%, less than ICOW's 2.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ESIM Eventide International ETF | 0.19% | 0.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICOW Pacer Developed Markets International Cash Cows 100 ETF | 2.36% | 3.03% | 4.39% | 3.61% | 5.26% | 2.11% | 2.46% | 3.10% | 2.61% | 0.80% |
Frequently Asked Questions
ESIM and ICOW have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ESIM is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ESIM is cheaper with a 0.59% expense ratio, compared with 0.65% for ICOW.
ICOW has the higher dividend yield at 2.36%, compared with 0.19% for ESIM.
They also come from different issuers: Eventide and Pacer. Their fees differ too: 0.59% for ESIM and 0.65% for ICOW.
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