PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GCOW vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GCOW and SPY is 0.70, 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.


-0.50.00.51.00.7

Performance

GCOW vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Global Cash Cows Dividend ETF (GCOW) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%JulyAugustSeptemberOctoberNovemberDecember
94.36%
257.26%
GCOW
SPY

Key characteristics

Sharpe Ratio

GCOW:

0.41

SPY:

2.21

Sortino Ratio

GCOW:

0.62

SPY:

2.93

Omega Ratio

GCOW:

1.08

SPY:

1.41

Calmar Ratio

GCOW:

0.49

SPY:

3.26

Martin Ratio

GCOW:

1.63

SPY:

14.43

Ulcer Index

GCOW:

2.67%

SPY:

1.90%

Daily Std Dev

GCOW:

10.64%

SPY:

12.41%

Max Drawdown

GCOW:

-37.64%

SPY:

-55.19%

Current Drawdown

GCOW:

-8.13%

SPY:

-2.74%

Returns By Period

In the year-to-date period, GCOW achieves a 2.26% return, which is significantly lower than SPY's 25.54% return.


GCOW

YTD

2.26%

1M

-2.97%

6M

1.16%

1Y

2.83%

5Y*

6.19%

10Y*

N/A

SPY

YTD

25.54%

1M

-0.42%

6M

8.90%

1Y

25.98%

5Y*

14.66%

10Y*

12.97%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GCOW vs. SPY - Expense Ratio Comparison

GCOW has a 0.60% expense ratio, which is higher than SPY's 0.09% expense ratio.


GCOW
Pacer Global Cash Cows Dividend ETF
Expense ratio chart for GCOW: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
Expense ratio chart for SPY: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

GCOW vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Global Cash Cows Dividend ETF (GCOW) and SPDR S&P 500 ETF (SPY). 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.


Sharpe ratio
The chart of Sharpe ratio for GCOW, currently valued at 0.41, compared to the broader market0.002.004.000.412.21
The chart of Sortino ratio for GCOW, currently valued at 0.62, compared to the broader market-2.000.002.004.006.008.0010.000.622.93
The chart of Omega ratio for GCOW, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.001.081.41
The chart of Calmar ratio for GCOW, currently valued at 0.49, compared to the broader market0.005.0010.0015.000.493.26
The chart of Martin ratio for GCOW, currently valued at 1.63, compared to the broader market0.0020.0040.0060.0080.00100.001.6314.43
GCOW
SPY

The current GCOW Sharpe Ratio is 0.41, which is lower than the SPY Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of GCOW and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.41
2.21
GCOW
SPY

Dividends

GCOW vs. SPY - Dividend Comparison

GCOW's dividend yield for the trailing twelve months is around 4.93%, more than SPY's 0.86% yield.


TTM20232022202120202019201820172016201520142013
GCOW
Pacer Global Cash Cows Dividend ETF
4.93%5.28%4.39%4.23%4.12%4.40%3.94%2.79%1.95%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
0.86%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%1.81%

Drawdowns

GCOW vs. SPY - Drawdown Comparison

The maximum GCOW drawdown since its inception was -37.64%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for GCOW and SPY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.13%
-2.74%
GCOW
SPY

Volatility

GCOW vs. SPY - Volatility Comparison

Pacer Global Cash Cows Dividend ETF (GCOW) and SPDR S&P 500 ETF (SPY) have volatilities of 3.57% and 3.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.57%
3.72%
GCOW
SPY
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab