MGV vs. GCOW
Compare and contrast key facts about Vanguard Mega Cap Value ETF (MGV) and Pacer Global Cash Cows Dividend ETF (GCOW).
MGV and GCOW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MGV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Value Index. It was launched on Dec 17, 2007. GCOW is a passively managed fund by Pacer that tracks the performance of the Pacer Global Cash Cows Dividends Index. It was launched on Feb 23, 2016. Both MGV 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.
Performance
MGV vs. GCOW - Performance Comparison
Loading graphics...
MGV vs. GCOW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGV Vanguard Mega Cap Value ETF | 3.25% | 15.45% | 16.94% | 9.16% | -1.22% | 25.93% | 2.50% | 25.54% | -4.13% | 16.85% |
GCOW Pacer Global Cash Cows Dividend ETF | 13.21% | 27.34% | 3.52% | 13.95% | 5.49% | 14.58% | -4.33% | 17.81% | -7.99% | 20.71% |
Returns By Period
In the year-to-date period, MGV achieves a 3.25% return, which is significantly lower than GCOW's 13.21% return. Over the past 10 years, MGV has outperformed GCOW with an annualized return of 12.05%, while GCOW has yielded a comparatively lower 10.20% annualized return.
MGV
- 1D
- 1.63%
- 1M
- -4.81%
- YTD
- 3.25%
- 6M
- 6.43%
- 1Y
- 14.96%
- 3Y*
- 15.48%
- 5Y*
- 11.32%
- 10Y*
- 12.05%
GCOW
- 1D
- 0.85%
- 1M
- -1.84%
- YTD
- 13.21%
- 6M
- 20.65%
- 1Y
- 31.30%
- 3Y*
- 16.89%
- 5Y*
- 13.65%
- 10Y*
- 10.20%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MGV vs. GCOW - Expense Ratio Comparison
MGV has a 0.07% expense ratio, which is lower than GCOW's 0.60% expense ratio.
Return for Risk
MGV vs. GCOW — Risk / Return Rank
MGV
GCOW
MGV vs. GCOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Value ETF (MGV) 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.
| MGV | GCOW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 2.27 | -1.24 |
Sortino ratioReturn per unit of downside risk | 1.48 | 3.01 | -1.53 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.44 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 1.50 | 2.77 | -1.28 |
Martin ratioReturn relative to average drawdown | 6.54 | 14.12 | -7.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| MGV | GCOW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 2.27 | -1.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.84 | 1.02 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.63 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.60 | -0.15 |
Correlation
The correlation between MGV and GCOW is 0.76, 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.
Dividends
MGV vs. GCOW - Dividend Comparison
MGV's dividend yield for the trailing twelve months is around 2.06%, less than GCOW's 4.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGV Vanguard Mega Cap Value ETF | 2.06% | 2.04% | 2.31% | 2.48% | 2.45% | 2.17% | 2.47% | 2.69% | 2.65% | 2.34% | 2.53% | 2.59% |
GCOW Pacer Global Cash Cows Dividend ETF | 4.39% | 4.06% | 5.14% | 5.28% | 4.39% | 4.23% | 4.12% | 4.40% | 3.94% | 2.79% | 1.95% | 0.00% |
Drawdowns
MGV vs. GCOW - Drawdown Comparison
The maximum MGV drawdown since its inception was -55.87%, which is greater than GCOW's maximum drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for MGV and GCOW.
Loading graphics...
Drawdown Indicators
| MGV | GCOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.87% | -37.64% | -18.23% |
Max Drawdown (1Y)Largest decline over 1 year | -10.91% | -11.05% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -16.54% | -21.48% | +4.94% |
Max Drawdown (10Y)Largest decline over 10 years | -35.41% | -37.64% | +2.23% |
Current DrawdownCurrent decline from peak | -4.89% | -1.84% | -3.05% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -5.90% | -1.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 2.17% | +0.33% |
Volatility
MGV vs. GCOW - Volatility Comparison
The current volatility for Vanguard Mega Cap Value ETF (MGV) is 3.65%, while Pacer Global Cash Cows Dividend ETF (GCOW) has a volatility of 4.03%. This indicates that MGV experiences smaller price fluctuations and is considered to be less risky than GCOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MGV | GCOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.65% | 4.03% | -0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 7.48% | 7.90% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.64% | 13.89% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.56% | 13.48% | +0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.34% | 16.25% | +0.09% |