PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IJJ vs. COWZ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IJJ vs. COWZ

Last updated Jun 4, 2026

IJJ (iShares S&P Mid-Cap 400 Value ETF) and COWZ (Pacer US Cash Cows 100 ETF) are both Mid Cap Value Equities funds - IJJ tracks the S&P MidCap 400 Value Index while COWZ tracks the Pacer US Cash Cows 100 Index. Both are passively managed. Over the past 5 years, IJJ returned 7.43%/yr vs 10.57%/yr for COWZ. Their correlation of 0.87 suggests significant overlap in exposure. IJJ charges 0.18%/yr vs 0.49%/yr for COWZ.

Performance

IJJ vs. COWZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares S&P Mid-Cap 400 Value ETF (IJJ) and Pacer US Cash Cows 100 ETF (COWZ). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IJJ achieves a 8.95% return, which is significantly higher than COWZ's 8.18% return.

IJJ

1D
-0.36%
1M
1.82%
YTD
8.95%
6M
9.26%
1Y
20.64%
3Y*
13.80%
5Y*
7.43%
10Y*
10.32%

COWZ

1D
-0.34%
1M
2.61%
YTD
8.18%
6M
9.03%
1Y
22.23%
3Y*
14.44%
5Y*
10.57%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IJJ vs. COWZ - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IJJ
iShares S&P Mid-Cap 400 Value ETF		8.95%7.27%11.63%15.24%-7.11%30.45%3.56%25.66%-12.06%12.04%
COWZ
Pacer US Cash Cows 100 ETF		8.18%8.98%10.64%14.73%0.19%42.57%11.65%23.41%-10.05%20.22%

Correlation

The correlation between IJJ and COWZ is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.77

Correlation (3Y)
Calculated over the trailing 3-year period

0.84

Correlation (5Y)
Calculated over the trailing 5-year period

0.87

Correlation (All Time)
Calculated using the full available price history since Dec 20, 2016

0.87

The correlation between IJJ and COWZ shifts across timeframes, from 0.77 (1 year) to 0.87 (all time), reflecting how their relationship changes across market environments.

IJJ vs. COWZ - Sectors Allocation Comparison

Sectors
IJJ
COWZ

Financial Services

21.8%

-

Industrials

18.8%
8.4%

Consumer Cyclical

13.5%
11.7%

Real Estate

9.6%

-

Technology

9.3%
16.0%

Energy

7.4%
16.9%

Basic Materials

6.0%
3.7%

Consumer Defensive

5.5%
10.9%

Utilities

4.2%

-

Healthcare

3.5%
21.8%

Communication Services

0.5%
10.4%

Financial Services

IJJ
21.8%
COWZ

-

Industrials

IJJ
18.8%
COWZ
8.4%

Consumer Cyclical

IJJ
13.5%
COWZ
11.7%

Real Estate

IJJ
9.6%
COWZ

-

Technology

IJJ
9.3%
COWZ
16.0%

Energy

IJJ
7.4%
COWZ
16.9%

Basic Materials

IJJ
6.0%
COWZ
3.7%

Consumer Defensive

IJJ
5.5%
COWZ
10.9%

Utilities

IJJ
4.2%
COWZ

-

Healthcare

IJJ
3.5%
COWZ
21.8%

Communication Services

IJJ
0.5%
COWZ
10.4%

Compare stocks, funds, or ETFs

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

iShares S&P Mid-Cap 400 Value ETF

Pacer US Cash Cows 100 ETF

Often compared with IJJ:
IJJ vs. IJHIJJ vs. VOEIJJ vs. SPYIJJ vs. PSRIJJ vs. VOOIJJ vs. IVVIJJ vs. VBR
Often compared with COWZ:
COWZ vs. VOOCOWZ vs. VFLOCOWZ vs. SCHDCOWZ vs. GCOWCOWZ vs. COWGCOWZ vs. CALFCOWZ vs. VOOV

Return for Risk

IJJ vs. COWZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IJJ
IJJ Risk / Return Rank: 3838
Overall Rank
IJJ Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
IJJ Sortino Ratio Rank: 3939
Sortino Ratio Rank
IJJ Omega Ratio Rank: 3535
Omega Ratio Rank
IJJ Calmar Ratio Rank: 3939
Calmar Ratio Rank
IJJ Martin Ratio Rank: 4141
Martin Ratio Rank
COWZ
COWZ Risk / Return Rank: 6565
Overall Rank
COWZ Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
COWZ Sortino Ratio Rank: 6262
Sortino Ratio Rank
COWZ Omega Ratio Rank: 5757
Omega Ratio Rank
COWZ Calmar Ratio Rank: 8383
Calmar Ratio Rank
COWZ Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IJJ vs. COWZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares S&P Mid-Cap 400 Value ETF (IJJ) 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.

IJJCOWZDifference
Sharpe ratioReturn per unit of total volatility
1.36
2.02

-0.66

Sortino ratioReturn per unit of downside risk
2.06
2.98

-0.92

Omega ratioGain probability vs. loss probability

1.24

1.36

-0.12

Calmar ratioReturn relative to maximum drawdown

1.96

4.46

-2.51

Martin ratioReturn relative to average drawdown

6.76

12.19

-5.43

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IJJ vs. COWZ - Sharpe Ratio Comparison

The current IJJ Sharpe Ratio is 1.36, which is lower than the COWZ Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of IJJ and COWZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

IJJCOWZDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.36

2.02

-0.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.38

0.60

-0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.65

-0.17

Drawdowns

IJJ vs. COWZ - Drawdown Comparison

The maximum IJJ drawdown since its inception was -58.00%, which is greater than COWZ's maximum drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for IJJ and COWZ.

Loading charts...

Drawdown Indicators

IJJCOWZDifference

Max Drawdown

Largest peak-to-trough decline

-58.00%

-38.63%

-19.37%

Max Drawdown (1Y)

Largest decline over 1 year

-10.59%

-5.00%

-5.59%

Max Drawdown (3Y)

Largest decline over 3 years

-22.68%

-22.00%

-0.68%

Max Drawdown (5Y)

Largest decline over 5 years

-22.68%

-22.00%

-0.68%

Max Drawdown (10Y)

Largest decline over 10 years

-46.11%

—

—

Current Drawdown

Current decline from peak

-0.36%

-0.91%

+0.55%

Average Drawdown

Average peak-to-trough decline

-7.94%

-4.81%

-3.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.06%

1.83%

+1.23%

Volatility

IJJ vs. COWZ - Volatility Comparison

iShares S&P Mid-Cap 400 Value ETF (IJJ) has a higher volatility of 3.81% compared to Pacer US Cash Cows 100 ETF (COWZ) at 2.56%. This indicates that IJJ'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.

Loading charts...

Volatility by Period

IJJCOWZDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.81%

2.56%

+1.25%

Volatility (6M)

Calculated over the trailing 6-month period

10.67%

7.12%

+3.55%

Volatility (1Y)

Calculated over the trailing 1-year period

15.33%

11.13%

+4.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.57%

17.63%

+1.94%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.04%

19.93%

+2.11%

IJJ vs. COWZ - Expense Ratio Comparison

IJJ has a 0.18% expense ratio, which is lower than COWZ's 0.49% expense ratio.

Dividends

IJJ vs. COWZ - Dividend Comparison

IJJ's dividend yield for the trailing twelve months is around 1.64%, less than COWZ's 1.99% yield.

PositionTTM20252024202320222021202020192018201720162015
COWZ
Pacer US Cash Cows 100 ETF		1.99%2.19%1.82%1.92%1.96%1.48%2.54%1.96%1.67%1.95%0.13%0.00%
IJJ
iShares S&P Mid-Cap 400 Value ETF		1.64%1.79%1.81%1.68%1.97%1.62%1.78%1.70%2.01%1.52%1.67%1.83%

Frequently Asked Questions

IJJ and COWZ have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

IJJ has higher volatility (3.81%) compared to COWZ (2.56%). In terms of maximum drawdown, IJJ dropped -58.00% vs COWZ's -38.63%.

On 5-year performance, COWZ leads with 10.57% vs 7.43% for IJJ. On fees, IJJ is cheaper at 0.18% per year. On volatility, COWZ has been the lower-risk option at 2.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, COWZ has performed better with a 10.57% return vs 7.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IJJ is cheaper with a 0.18% expense ratio, compared with 0.49% for COWZ.

COWZ has the higher dividend yield at 1.99%, compared with 1.64% for IJJ.

IJJ tracks S&P MidCap 400 Value Index, while COWZ tracks Pacer US Cash Cows 100 Index. They also come from different issuers: iShares and Pacer. Their fees differ too: 0.18% for IJJ and 0.49% for COWZ.

COWZ currently has the higher Sharpe Ratio (2.02 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for IJJ and COWZ

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer