LCEAX vs. COWZ
Compare and contrast key facts about Invesco Diversified Dividend Fund (LCEAX) and Pacer US Cash Cows 100 ETF (COWZ).
LCEAX is managed by Invesco. It was launched on Dec 31, 2001. COWZ is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer US Cash Cows 100 Index. It was launched on Dec 16, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LCEAX or COWZ.
Key characteristics
| LCEAX | COWZ | |
|---|---|---|
| YTD Return | 17.38% | 16.54% |
| 1Y Return | 30.38% | 27.35% |
| 3Y Return (Ann) | 8.19% | 10.40% |
| 5Y Return (Ann) | 9.22% | 16.77% |
| Sharpe Ratio | 2.88 | 1.90 |
| Sortino Ratio | 4.04 | 2.75 |
| Omega Ratio | 1.53 | 1.33 |
| Calmar Ratio | 3.66 | 3.45 |
| Martin Ratio | 18.56 | 8.20 |
| Ulcer Index | 1.58% | 3.19% |
| Daily Std Dev | 10.18% | 13.73% |
| Max Drawdown | -50.30% | -38.63% |
| Current Drawdown | 0.00% | -0.07% |
Correlation
The correlation between LCEAX and COWZ 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
LCEAX vs. COWZ - Performance Comparison
The year-to-date returns for both stocks are quite close, with LCEAX having a 17.38% return and COWZ slightly lower at 16.54%. 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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LCEAX vs. COWZ - Expense Ratio Comparison
LCEAX has a 0.81% expense ratio, which is higher than COWZ's 0.49% expense ratio.
Risk-Adjusted Performance
LCEAX vs. COWZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Diversified Dividend Fund (LCEAX) 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.
Dividends
LCEAX vs. COWZ - Dividend Comparison
LCEAX's dividend yield for the trailing twelve months is around 1.48%, less than COWZ's 1.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCEAX Invesco Diversified Dividend Fund | 1.48% | 1.90% | 2.07% | 2.08% | 2.24% | 2.25% | 2.61% | 1.78% | 1.62% | 1.72% | 1.50% | 1.44% |
COWZ Pacer US Cash Cows 100 ETF | 1.82% | 1.92% | 1.96% | 1.48% | 2.54% | 1.96% | 1.67% | 1.94% | 0.13% | 0.00% | 0.00% | 0.00% |
Drawdowns
LCEAX vs. COWZ - Drawdown Comparison
The maximum LCEAX drawdown since its inception was -50.30%, which is greater than COWZ's maximum drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for LCEAX and COWZ. For additional features, visit the drawdowns tool.
Volatility
LCEAX vs. COWZ - Volatility Comparison
The current volatility for Invesco Diversified Dividend Fund (LCEAX) is 3.47%, while Pacer US Cash Cows 100 ETF (COWZ) has a volatility of 3.92%. This indicates that LCEAX experiences smaller price fluctuations and is considered to be less risky than COWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.