ICOW vs. VOO
Compare and contrast key facts about Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and Vanguard S&P 500 ETF (VOO).
ICOW and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both ICOW and VOO 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 VOO.
Key characteristics
| ICOW | VOO | |
|---|---|---|
| YTD Return | 0.92% | 5.98% |
| 1Y Return | 9.55% | 22.69% |
| 3Y Return (Ann) | 3.18% | 8.02% |
| 5Y Return (Ann) | 6.74% | 13.41% |
| Sharpe Ratio | 0.65 | 1.93 |
| Daily Std Dev | 13.77% | 11.69% |
| Max Drawdown | -43.49% | -33.99% |
| Current Drawdown | -2.33% | -4.14% |
Correlation
The correlation between ICOW and VOO is 0.69, 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.
Performance
ICOW vs. VOO - Performance Comparison
In the year-to-date period, ICOW achieves a 0.92% return, which is significantly lower than VOO's 5.98% 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. VOO - Expense Ratio Comparison
ICOW has a 0.65% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
ICOW vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
ICOW's dividend yield for the trailing twelve months is around 3.68%, more than VOO's 1.39% 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% |
VOO Vanguard S&P 500 ETF | 1.39% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
ICOW vs. VOO - Drawdown Comparison
The maximum ICOW drawdown since its inception was -43.49%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ICOW and VOO. For additional features, visit the drawdowns tool.
Volatility
ICOW vs. VOO - Volatility Comparison
The current volatility for Pacer Developed Markets International Cash Cows 100 ETF (ICOW) is 3.71%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.92%. This indicates that ICOW experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.