KOKU vs. GCOW
Compare and contrast key facts about Xtrackers MSCI Kokusai Equity ETF (KOKU) and Pacer Global Cash Cows Dividend ETF (GCOW).
KOKU and GCOW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. KOKU is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI Kokusai Index (World ex Japan). It was launched on Apr 8, 2020. GCOW is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Global Cash Cows Dividends Index. It was launched on Feb 23, 2016. Both KOKU and GCOW 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: KOKU or GCOW.
Key characteristics
| KOKU | GCOW | |
|---|---|---|
| YTD Return | 21.72% | 4.75% |
| 1Y Return | 32.99% | 13.32% |
| 3Y Return (Ann) | 7.82% | 9.38% |
| Sharpe Ratio | 2.82 | 1.27 |
| Sortino Ratio | 3.83 | 1.80 |
| Omega Ratio | 1.52 | 1.22 |
| Calmar Ratio | 4.18 | 2.31 |
| Martin Ratio | 19.04 | 6.71 |
| Ulcer Index | 1.74% | 2.04% |
| Daily Std Dev | 11.74% | 10.76% |
| Max Drawdown | -25.77% | -37.64% |
| Current Drawdown | -0.53% | -5.89% |
Correlation
The correlation between KOKU and GCOW 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.
Performance
KOKU vs. GCOW - Performance Comparison
In the year-to-date period, KOKU achieves a 21.72% return, which is significantly higher than GCOW's 4.75% 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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KOKU vs. GCOW - Expense Ratio Comparison
KOKU has a 0.09% expense ratio, which is lower than GCOW's 0.60% expense ratio.
Risk-Adjusted Performance
KOKU vs. GCOW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Kokusai Equity ETF (KOKU) and Pacer Global Cash Cows Dividend ETF (GCOW). 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
KOKU vs. GCOW - Dividend Comparison
KOKU's dividend yield for the trailing twelve months is around 1.55%, less than GCOW's 4.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
KOKU Xtrackers MSCI Kokusai Equity ETF | 1.55% | 1.76% | 1.98% | 1.89% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% |
GCOW Pacer Global Cash Cows Dividend ETF | 4.81% | 5.28% | 4.39% | 4.23% | 4.12% | 4.40% | 3.94% | 2.79% | 1.95% |
Drawdowns
KOKU vs. GCOW - Drawdown Comparison
The maximum KOKU drawdown since its inception was -25.77%, smaller than the maximum GCOW drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for KOKU and GCOW. For additional features, visit the drawdowns tool.
Volatility
KOKU vs. GCOW - Volatility Comparison
Xtrackers MSCI Kokusai Equity ETF (KOKU) has a higher volatility of 3.24% compared to Pacer Global Cash Cows Dividend ETF (GCOW) at 3.01%. This indicates that KOKU's price experiences larger fluctuations and is considered to be riskier than GCOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.