ICOW vs. IDMO
Compare and contrast key facts about Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and Invesco S&P International Developed Momentum ETF (IDMO).
ICOW and IDMO 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. IDMO is a passively managed fund by Invesco that tracks the performance of the S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index. It was launched on Feb 24, 2012. Both ICOW and IDMO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ICOW or IDMO.
Performance
ICOW vs. IDMO - Performance Comparison
Returns By Period
In the year-to-date period, ICOW achieves a -0.93% return, which is significantly lower than IDMO's 14.30% return.
ICOW
-0.93%
-3.78%
-6.05%
5.53%
6.04%
N/A
IDMO
14.30%
-1.97%
1.41%
22.43%
12.38%
9.47%
Key characteristics
| ICOW | IDMO | |
|---|---|---|
| Sharpe Ratio | 0.34 | 1.46 |
| Sortino Ratio | 0.54 | 1.96 |
| Omega Ratio | 1.07 | 1.26 |
| Calmar Ratio | 0.49 | 2.02 |
| Martin Ratio | 1.49 | 8.45 |
| Ulcer Index | 2.99% | 2.73% |
| Daily Std Dev | 13.10% | 15.80% |
| Max Drawdown | -43.49% | -39.37% |
| Current Drawdown | -6.49% | -3.31% |
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ICOW vs. IDMO - Expense Ratio Comparison
ICOW has a 0.65% expense ratio, which is higher than IDMO's 0.25% expense ratio.
Correlation
The correlation between ICOW and IDMO is 0.66, 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.
Risk-Adjusted Performance
ICOW vs. IDMO - 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 Invesco S&P International Developed Momentum ETF (IDMO). 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. IDMO - Dividend Comparison
ICOW's dividend yield for the trailing twelve months is around 4.83%, more than IDMO's 2.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICOW Pacer Developed Markets International Cash Cows 100 ETF | 4.83% | 3.61% | 5.26% | 2.11% | 2.46% | 3.10% | 2.62% | 0.80% | 0.00% | 0.00% | 0.00% | 0.00% |
IDMO Invesco S&P International Developed Momentum ETF | 2.28% | 2.89% | 3.66% | 1.81% | 1.64% | 2.10% | 3.27% | 3.08% | 2.18% | 2.52% | 2.18% | 1.70% |
Drawdowns
ICOW vs. IDMO - Drawdown Comparison
The maximum ICOW drawdown since its inception was -43.49%, which is greater than IDMO's maximum drawdown of -39.37%. Use the drawdown chart below to compare losses from any high point for ICOW and IDMO. For additional features, visit the drawdowns tool.
Volatility
ICOW vs. IDMO - Volatility Comparison
Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and Invesco S&P International Developed Momentum ETF (IDMO) have volatilities of 4.12% and 4.10%, 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.