MCOW vs. TRFK

Last updated Jun 6, 2026

MCOW (Pacer S&P MidCap 400 Quality FCF Aristocrats ETF) and TRFK (Pacer Data and Digital Revolution ETF) are both exchange-traded funds - MCOW is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 Quality FCF Aristocrats Index, while TRFK is a Technology Equities fund tracking the Pacer Data Transmission and Communication Revolution Index - Benchmark TR Net. Both are passively managed. A 0.65 correlation means they provide meaningful diversification when combined. MCOW charges 0.49%/yr vs 0.60%/yr for TRFK.

Performance

MCOW vs. TRFK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW) and Pacer Data and Digital Revolution ETF (TRFK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MCOW achieves a 5.86% return, which is significantly lower than TRFK's 50.10% return.

MCOW

• 1D: -3.02%
• 1M: 1.11%
• YTD: 5.86%
• 6M: 4.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TRFK

• 1D: -9.01%
• 1M: 10.09%
• YTD: 50.10%
• 6M: 42.02%
• 1Y: 80.29%
• 3Y*: 47.82%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MCOW vs. TRFK - Yearly Performance Comparison

	2026 (YTD)	2025
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF	5.86%	-3.62%
TRFK Pacer Data and Digital Revolution ETF	50.10%	1.45%

Correlation

The correlation between MCOW and TRFK is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 29, 2025	0.65

Return for Risk

MCOW vs. TRFK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRFK

TRFK Risk / Return Rank: 75
TRFK Sharpe Ratio Rank: 86
TRFK Sortino Ratio Rank: 75
TRFK Omega Ratio Rank: 76
TRFK Calmar Ratio Rank: 81
TRFK Martin Ratio Rank: 58

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.

MCOW vs. TRFK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW) and Pacer Data and Digital Revolution ETF (TRFK). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	MCOW	TRFK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	1.40	-1.26

Drawdowns

MCOW vs. TRFK - Drawdown Comparison

The maximum MCOW drawdown since its inception was -15.02%, smaller than the maximum TRFK drawdown of -29.06%. Use the drawdown chart below to compare losses from any high point for MCOW and TRFK.

Drawdown Indicators

	MCOW	TRFK	Difference
Max Drawdown Largest peak-to-trough decline	-15.02%	-29.06%	+14.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-19.56%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.06%	—
Current Drawdown Current decline from peak	-3.02%	-11.73%	+8.71%
Average Drawdown Average peak-to-trough decline	-4.58%	-6.04%	+1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.17%	—

Volatility

Volatility by Period

	MCOW	TRFK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	14.77%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.89%	29.33%	-11.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.89%	29.29%	-11.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.89%	29.29%	-11.40%

MCOW vs. TRFK - Expense Ratio Comparison

MCOW has a 0.49% expense ratio, which is lower than TRFK's 0.60% expense ratio.

Dividends

MCOW vs. TRFK - Dividend Comparison

MCOW's dividend yield for the trailing twelve months is around 0.22%, more than TRFK's 0.01% yield.

Position	TTM	2025	2024	2023	2022
MCOW Pacer S&P MidCap 400 Quality FCF Aristocrats ETF	0.22%	0.11%	0.00%	0.00%	0.00%
TRFK Pacer Data and Digital Revolution ETF	0.01%	0.01%	0.40%	0.20%	0.56%

Frequently Asked Questions

Can I hold both MCOW and TRFK in my portfolio?

MCOW and TRFK have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MCOW or TRFK?

On fees, MCOW is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MCOW or TRFK?

MCOW is cheaper with a 0.49% expense ratio, compared with 0.60% for TRFK.

Which ETF pays a higher dividend yield, MCOW or TRFK?

MCOW has the higher dividend yield at 0.22%, compared with 0.01% for TRFK.

What is the main difference between MCOW and TRFK?

MCOW is categorized as Mid Cap Blend Equities, while TRFK is Technology Equities. MCOW tracks S&P MidCap 400 Quality FCF Aristocrats Index, while TRFK tracks Pacer Data Transmission and Communication Revolution Index - Benchmark TR Net. Their fees differ too: 0.49% for MCOW and 0.60% for TRFK.