Correlation
The correlation between MGRO and COWZ is 0.68, 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.
MGRO vs. COWZ
Compare and contrast key facts about VanEck Morningstar Wide Moat Growth ETF (MGRO) and Pacer US Cash Cows 100 ETF (COWZ).
MGRO and COWZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MGRO is a passively managed fund by VanEck that tracks the performance of the Morningstar US Broad Growth Wide Moat Focus Index - Benchmark TR Gross. It was launched on Mar 26, 2024. 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. Both MGRO and COWZ 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: MGRO or COWZ.
Performance
MGRO vs. COWZ - Performance Comparison
Loading data...
Key characteristics
MGRO:
0.41
COWZ:
-0.06
MGRO:
0.48
COWZ:
0.09
MGRO:
1.07
COWZ:
1.01
MGRO:
0.21
COWZ:
-0.03
MGRO:
0.69
COWZ:
-0.10
MGRO:
7.06%
COWZ:
7.31%
MGRO:
21.04%
COWZ:
19.44%
MGRO:
-23.81%
COWZ:
-38.63%
MGRO:
-8.16%
COWZ:
-11.92%
Returns By Period
In the year-to-date period, MGRO achieves a -2.51% return, which is significantly higher than COWZ's -4.72% return.
MGRO
-2.51%
5.44%
-5.55%
7.85%
N/A
N/A
N/A
COWZ
-4.72%
3.66%
-11.23%
-2.88%
4.19%
17.54%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MGRO vs. COWZ - Expense Ratio Comparison
Both MGRO and COWZ have an expense ratio of 0.49%.
Risk-Adjusted Performance
MGRO vs. COWZ — Risk-Adjusted Performance Rank
MGRO
COWZ
MGRO vs. COWZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat Growth ETF (MGRO) 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.
Loading data...
Dividends
MGRO vs. COWZ - Dividend Comparison
MGRO's dividend yield for the trailing twelve months is around 0.35%, less than COWZ's 1.89% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGRO VanEck Morningstar Wide Moat Growth ETF | 0.35% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
COWZ Pacer US Cash Cows 100 ETF | 1.89% | 1.82% | 1.92% | 1.96% | 1.48% | 2.54% | 1.96% | 1.67% | 1.95% | 0.13% |
Drawdowns
MGRO vs. COWZ - Drawdown Comparison
The maximum MGRO drawdown since its inception was -23.81%, smaller than the maximum COWZ drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for MGRO and COWZ.
Loading data...
Volatility
MGRO vs. COWZ - Volatility Comparison
VanEck Morningstar Wide Moat Growth ETF (MGRO) has a higher volatility of 5.89% compared to Pacer US Cash Cows 100 ETF (COWZ) at 5.41%. This indicates that MGRO'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 data...