ICOW vs. FYLD
Compare and contrast key facts about Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and Cambria Foreign Shareholder Yield ETF (FYLD).
ICOW and FYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ICOW is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Developed Markets International Cash Cows 100 Index. It was launched on Jun 16, 2017. FYLD is an actively managed fund by Cambria. It was launched on Dec 3, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICOW or FYLD.
Key characteristics
| ICOW | FYLD | |
|---|---|---|
| YTD Return | 0.92% | 4.79% |
| 1Y Return | 9.55% | 12.60% |
| 3Y Return (Ann) | 3.18% | 4.71% |
| 5Y Return (Ann) | 6.74% | 8.44% |
| Sharpe Ratio | 0.65 | 0.89 |
| Daily Std Dev | 13.77% | 13.59% |
| Max Drawdown | -43.49% | -44.55% |
| Current Drawdown | -2.33% | -1.72% |
Correlation
The correlation between ICOW and FYLD is 0.83, 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.
Performance
ICOW vs. FYLD - Performance Comparison
In the year-to-date period, ICOW achieves a 0.92% return, which is significantly lower than FYLD's 4.79% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ICOW vs. FYLD - Expense Ratio Comparison
ICOW has a 0.65% expense ratio, which is higher than FYLD's 0.59% expense ratio.
Risk-Adjusted Performance
ICOW vs. FYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and Cambria Foreign Shareholder Yield ETF (FYLD). 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.
Dividends
ICOW vs. FYLD - Dividend Comparison
ICOW's dividend yield for the trailing twelve months is around 3.68%, less than FYLD's 5.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICOW Pacer Developed Markets International Cash Cows 100 ETF | 3.68% | 3.61% | 5.26% | 2.11% | 2.46% | 3.10% | 2.61% | 0.80% | 0.00% | 0.00% | 0.00% | 0.00% |
FYLD Cambria Foreign Shareholder Yield ETF | 5.54% | 6.06% | 6.13% | 4.74% | 3.94% | 3.73% | 5.17% | 2.85% | 2.72% | 3.98% | 5.13% | 0.07% |
Drawdowns
ICOW vs. FYLD - Drawdown Comparison
The maximum ICOW drawdown since its inception was -43.49%, roughly equal to the maximum FYLD drawdown of -44.55%. Use the drawdown chart below to compare losses from any high point for ICOW and FYLD. For additional features, visit the drawdowns tool.
Volatility
ICOW vs. FYLD - Volatility Comparison
The current volatility for Pacer Developed Markets International Cash Cows 100 ETF (ICOW) is 3.71%, while Cambria Foreign Shareholder Yield ETF (FYLD) has a volatility of 3.92%. This indicates that ICOW experiences smaller price fluctuations and is considered to be less risky than FYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.