PIEL vs. COWZ
PIEL (Pacer International Export Leaders ETF) and COWZ (Pacer US Cash Cows 100 ETF) are both exchange-traded funds - PIEL is a Foreign Large Cap Equities fund tracking the Pacer International Export Leaders Index, while COWZ is a Mid Cap Value Equities fund tracking the Pacer US Cash Cows 100 Index. Both are passively managed. Their 0.26 correlation means their historical movements had little consistent relationship. PIEL charges 0.60%/yr vs 0.49%/yr for COWZ.
Performance
PIEL vs. COWZ - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with PIEL having a 12.32% return and COWZ slightly lower at 11.74%.
PIEL
- 1D
- -0.39%
- 1M
- -3.22%
- 6M
- 8.29%
- YTD
- 12.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
COWZ
- 1D
- 0.19%
- 1M
- 4.89%
- 6M
- 7.97%
- YTD
- 11.74%
- 1Y
- 23.82%
- 3Y*
- 11.64%
- 5Y*
- 10.98%
- 10Y*
- —
- ALL TIME*
- 12.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $65.11M | $58.70M | $60.07M | |
| $1.50K | $4.13K | $8.68K |
PIEL vs. COWZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PIEL Pacer International Export Leaders ETF | 12.32% | -0.43% |
COWZ Pacer US Cash Cows 100 ETF | 11.74% | -0.76% |
Correlation
The correlation between PIEL and COWZ is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 23, 2025 | 0.26 |
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Return for Risk
PIEL vs. COWZ — Risk / Return Rank
PIEL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
COWZ
PIEL vs. COWZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer International Export Leaders ETF (PIEL) 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.
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.
| PIEL | COWZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.83 | — |
| Martin ratioReturn relative to average drawdown | — | 11.22 | — |
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Drawdowns
PIEL vs. COWZ - Drawdown Comparison
The maximum PIEL drawdown since its inception was -14.67%, smaller than the maximum COWZ drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for PIEL and COWZ.
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Drawdown Indicators
| PIEL | COWZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.67% | -38.63% | +23.96% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.95% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -22.00% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -22.00% | — |
Current DrawdownCurrent decline from peak | -6.03% | -1.40% | -4.63% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -4.77% | +1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
PIEL vs. COWZ - Volatility Comparison
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Volatility by Period
| PIEL | COWZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.04% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.74% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.42% | 11.91% | +12.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.42% | 17.69% | +6.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.42% | 19.86% | +4.56% |
PIEL vs. COWZ - Expense Ratio Comparison
PIEL has a 0.60% expense ratio, which is higher than COWZ's 0.49% expense ratio.
Dividends
PIEL vs. COWZ - Dividend Comparison
PIEL has not paid dividends to shareholders, while COWZ's dividend yield for the trailing twelve months is around 1.85%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
COWZ Pacer US Cash Cows 100 ETF | 1.85% | 2.19% | 1.82% | 1.92% | 1.96% | 1.48% | 2.54% | 1.96% | 1.67% | 1.95% | 0.13% |
PIEL Pacer International Export Leaders ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PIEL and COWZ have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, COWZ is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
COWZ is cheaper with a 0.49% expense ratio, compared with 0.60% for PIEL.
COWZ has the higher dividend yield at 1.85%, compared with 0.00% for PIEL.
PIEL is categorized as Foreign Large Cap Equities, while COWZ is Mid Cap Value Equities. PIEL tracks Pacer International Export Leaders Index, while COWZ tracks Pacer US Cash Cows 100 Index. Their fees differ too: 0.60% for PIEL and 0.49% for COWZ.
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