FVD vs. COWZ
Compare and contrast key facts about First Trust Value Line Dividend Index Fund (FVD) and Pacer US Cash Cows 100 ETF (COWZ).
FVD and COWZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FVD is a passively managed fund by First Trust that tracks the performance of the Value Line Dividend Index. It was launched on Aug 26, 2003. COWZ is a passively managed fund by Pacer that tracks the performance of the Pacer US Cash Cows 100 Index. It was launched on Dec 16, 2016. Both FVD and COWZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FVD vs. COWZ - Performance Comparison
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FVD vs. COWZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FVD First Trust Value Line Dividend Index Fund | 2.62% | 8.16% | 10.04% | 4.11% | -5.18% | 25.08% | -0.02% | 26.58% | -3.49% | 12.51% |
COWZ Pacer US Cash Cows 100 ETF | 4.30% | 8.98% | 10.64% | 14.73% | 0.19% | 42.57% | 11.65% | 23.41% | -10.05% | 20.22% |
Returns By Period
In the year-to-date period, FVD achieves a 2.62% return, which is significantly lower than COWZ's 4.30% return.
FVD
- 1D
- 0.90%
- 1M
- -5.57%
- YTD
- 2.62%
- 6M
- 2.97%
- 1Y
- 8.00%
- 3Y*
- 7.92%
- 5Y*
- 6.65%
- 10Y*
- 8.61%
COWZ
- 1D
- 1.08%
- 1M
- -3.36%
- YTD
- 4.30%
- 6M
- 10.31%
- 1Y
- 16.75%
- 3Y*
- 12.26%
- 5Y*
- 11.01%
- 10Y*
- —
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FVD vs. COWZ - Expense Ratio Comparison
FVD has a 0.61% expense ratio, which is higher than COWZ's 0.49% expense ratio.
Return for Risk
FVD vs. COWZ — Risk / Return Rank
FVD
COWZ
FVD vs. COWZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Value Line Dividend Index Fund (FVD) and Pacer US Cash Cows 100 ETF (COWZ). 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.
| FVD | COWZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.64 | 0.96 | -0.32 |
Sortino ratioReturn per unit of downside risk | 1.00 | 1.44 | -0.44 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.21 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.96 | 1.30 | -0.34 |
Martin ratioReturn relative to average drawdown | 3.89 | 6.06 | -2.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FVD | COWZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 0.96 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.62 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.63 | -0.05 |
Correlation
The correlation between FVD and COWZ is 0.78, 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.
Dividends
FVD vs. COWZ - Dividend Comparison
FVD's dividend yield for the trailing twelve months is around 2.30%, more than COWZ's 2.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVD First Trust Value Line Dividend Index Fund | 2.30% | 2.36% | 2.23% | 2.34% | 2.20% | 1.75% | 2.31% | 2.03% | 2.50% | 2.10% | 2.04% | 2.34% |
COWZ Pacer US Cash Cows 100 ETF | 2.06% | 2.19% | 1.82% | 1.92% | 1.96% | 1.48% | 2.54% | 1.96% | 1.67% | 1.95% | 0.13% | 0.00% |
Drawdowns
FVD vs. COWZ - Drawdown Comparison
The maximum FVD drawdown since its inception was -51.00%, which is greater than COWZ's maximum drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for FVD and COWZ.
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Drawdown Indicators
| FVD | COWZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.00% | -38.63% | -12.37% |
Max Drawdown (1Y)Largest decline over 1 year | -9.29% | -13.55% | +4.26% |
Max Drawdown (5Y)Largest decline over 5 years | -16.41% | -22.00% | +5.59% |
Max Drawdown (10Y)Largest decline over 10 years | -35.25% | — | — |
Current DrawdownCurrent decline from peak | -5.57% | -3.36% | -2.21% |
Average DrawdownAverage peak-to-trough decline | -5.45% | -4.85% | -0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 2.91% | -0.61% |
Volatility
FVD vs. COWZ - Volatility Comparison
First Trust Value Line Dividend Index Fund (FVD) has a higher volatility of 3.16% compared to Pacer US Cash Cows 100 ETF (COWZ) at 3.00%. This indicates that FVD's price experiences larger fluctuations and is considered to be riskier than COWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FVD | COWZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 3.00% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 6.49% | 8.36% | -1.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.56% | 17.50% | -4.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.76% | 17.73% | -4.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.43% | 20.08% | -4.65% |