PEVC vs. GCOW

Last updated Jul 12, 2026

PEVC (Pacer PE/VC ETF) and GCOW (Pacer Global Cash Cows Dividend ETF) are both exchange-traded funds - PEVC is a Large Cap Growth Equities fund tracking the FTSE PE/VC Index, while GCOW is a Large Cap Value Equities fund tracking the Pacer Global Cash Cows Dividends Index. Both are passively managed. Over the past year, PEVC returned 20.02% vs 19.55% for GCOW. At a 0.27 correlation, their price movements are largely independent. PEVC charges 0.85%/yr vs 0.60%/yr for GCOW.

Performance

PEVC vs. GCOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer PE/VC ETF (PEVC) and Pacer Global Cash Cows Dividend ETF (GCOW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with PEVC having a 9.05% return and GCOW slightly lower at 8.94%.

PEVC

• 1D: 0.76%
• 1M: 4.68%
• 6M: 6.36%
• YTD: 9.05%
• 1Y: 20.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GCOW

• 1D: 0.57%
• 1M: -3.16%
• 6M: 7.30%
• YTD: 8.94%
• 1Y: 19.55%
• 3Y*: 15.19%
• 5Y*: 12.06%
• 10Y*: 9.33%

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

PEVC vs. GCOW - Yearly Performance Comparison

	2026 (YTD)	2025
PEVC Pacer PE/VC ETF	9.05%	18.18%
GCOW Pacer Global Cash Cows Dividend ETF	8.94%	23.82%

Correlation

The correlation between PEVC and GCOW is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (All Time) Calculated using the full available price history since Feb 3, 2025	0.27

PEVC vs. GCOW - Sectors Allocation Comparison

Sectors	PEVC	GCOW
Technology	43.3%	1.3%
Communication Services	13.3%	14.5%
Financial Services	11.3%	-
Consumer Cyclical	8.4%	4.8%
Industrials	6.7%	12.6%
Consumer Defensive	5.6%	17.0%
Healthcare	5.5%	14.8%
Basic Materials	2.4%	8.1%
Energy	2.1%	22.9%
Utilities	0.9%	4.0%
Real Estate	0.5%	-

Return for Risk

PEVC vs. GCOW — Risk / Return Rank

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

PEVC

PEVC Risk / Return Rank: 36
PEVC Sharpe Ratio Rank: 36
PEVC Sortino Ratio Rank: 34
PEVC Omega Ratio Rank: 33
PEVC Calmar Ratio Rank: 35
PEVC Martin Ratio Rank: 40

GCOW

GCOW Risk / Return Rank: 63
GCOW Sharpe Ratio Rank: 65
GCOW Sortino Ratio Rank: 69
GCOW Omega Ratio Rank: 62
GCOW Calmar Ratio Rank: 61
GCOW Martin Ratio Rank: 56

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.

PEVC vs. GCOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer PE/VC ETF (PEVC) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PEVC	GCOW	Difference
Sharpe ratio: Return per unit of total volatility	1.05	1.72	-0.67
Sortino ratio: Return per unit of downside risk	1.50	2.52	-1.02
Omega ratio: Gain probability vs. loss probability	1.18	1.30	-0.12
Calmar ratio: Return relative to maximum drawdown	1.45	2.44	-0.99
Martin ratio: Return relative to average drawdown	4.92	7.76	-2.84

PEVC vs. GCOW - Sharpe Ratio Comparison

The current PEVC Sharpe Ratio is 1.05, which is lower than the GCOW Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of PEVC and GCOW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PEVC vs. GCOW - Drawdown Comparison

The maximum PEVC drawdown since its inception was -28.92%, smaller than the maximum GCOW drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for PEVC and GCOW.

Drawdown Indicators

	PEVC	GCOW	Difference
Max Drawdown Largest peak-to-trough decline	-28.92%	-37.64%	+8.72%
Max Drawdown (1Y) Largest decline over 1 year	-12.97%	-7.83%	-5.14%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.64%	—
Current Drawdown Current decline from peak	-2.65%	-5.54%	+2.89%
Average Drawdown Average peak-to-trough decline	-4.47%	-5.83%	+1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	2.46%	+1.36%

Volatility

PEVC vs. GCOW - Volatility Comparison

Pacer PE/VC ETF (PEVC) has a higher volatility of 5.57% compared to Pacer Global Cash Cows Dividend ETF (GCOW) at 4.06%. This indicates that PEVC'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.

Volatility by Period

	PEVC	GCOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	4.06%	+1.51%
Volatility (6M) Calculated over the trailing 6-month period	13.69%	8.61%	+5.08%
Volatility (1Y) Calculated over the trailing 1-year period	17.96%	11.15%	+6.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.38%	13.52%	+12.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.38%	15.99%	+10.39%

PEVC vs. GCOW - Expense Ratio Comparison

PEVC has a 0.85% expense ratio, which is higher than GCOW's 0.60% expense ratio.

Dividends

PEVC vs. GCOW - Dividend Comparison

PEVC's dividend yield for the trailing twelve months is around 4.22%, less than GCOW's 4.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GCOW Pacer Global Cash Cows Dividend ETF	4.83%	4.06%	5.14%	5.28%	4.39%	4.23%	4.12%	4.40%	3.94%	2.79%	1.95%
PEVC Pacer PE/VC ETF	4.22%	4.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PEVC and GCOW in my portfolio?

PEVC and GCOW have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PEVC or GCOW?

PEVC has higher volatility (5.57%) compared to GCOW (4.06%). In terms of maximum drawdown, PEVC dropped -28.92% vs GCOW's -37.64%.

Which ETF is better, PEVC or GCOW?

On 1-year performance, PEVC leads with 20.02% vs 19.55% for GCOW. On fees, GCOW is cheaper at 0.60% per year. On volatility, GCOW has been the lower-risk option at 4.06%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PEVC or GCOW?

Over the 1-year period, PEVC has performed better with a 20.02% return vs 19.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PEVC or GCOW?

GCOW is cheaper with a 0.60% expense ratio, compared with 0.85% for PEVC.

Which ETF pays a higher dividend yield, PEVC or GCOW?

GCOW has the higher dividend yield at 4.83%, compared with 4.22% for PEVC.

What is the main difference between PEVC and GCOW?

PEVC is categorized as Large Cap Growth Equities, while GCOW is Large Cap Value Equities. PEVC tracks FTSE PE/VC Index, while GCOW tracks Pacer Global Cash Cows Dividends Index. Their fees differ too: 0.85% for PEVC and 0.60% for GCOW.

Which has better risk-adjusted returns?

GCOW currently has the higher Sharpe Ratio (1.72 vs 1.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.