PSCW vs. GCOW

Last updated Apr 1, 2026

Compare and contrast key facts about Pacer Swan SOS Conservative (April) ETF (PSCW) and Pacer Global Cash Cows Dividend ETF (GCOW).

PSCW and GCOW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSCW is an actively managed fund by Pacer. It was launched on Mar 31, 2021. 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.

Performance

PSCW vs. GCOW - Performance Comparison

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

PSCW vs. GCOW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PSCW Pacer Swan SOS Conservative (April) ETF	1.91%	6.56%	12.95%	11.44%	-5.52%	6.27%
GCOW Pacer Global Cash Cows Dividend ETF	13.21%	27.34%	3.52%	13.95%	5.49%	5.70%

Returns By Period

In the year-to-date period, PSCW achieves a 1.91% return, which is significantly lower than GCOW's 13.21% return.

PSCW

• 1D: 0.60%
• 1M: 0.85%
• YTD: 1.91%
• 6M: 3.81%
• 1Y: 12.27%
• 3Y*: 10.73%
• 5Y*: —
• 10Y*: —

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%

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

PSCW vs. GCOW - Expense Ratio Comparison

PSCW has a 0.61% expense ratio, which is higher than GCOW's 0.60% expense ratio.

PSCW

Pacer Swan SOS Conservative (April) ETF

GCOW

Pacer Global Cash Cows Dividend ETF

Return for Risk

PSCW vs. GCOW — Risk / Return Rank

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

PSCW

PSCW Risk / Return Rank: 86
PSCW Sharpe Ratio Rank: 80
PSCW Sortino Ratio Rank: 85
PSCW Omega Ratio Rank: 94
PSCW Calmar Ratio Rank: 77
PSCW Martin Ratio Rank: 93

GCOW

GCOW Risk / Return Rank: 93
GCOW Sharpe Ratio Rank: 94
GCOW Sortino Ratio Rank: 95
GCOW Omega Ratio Rank: 94
GCOW Calmar Ratio Rank: 89
GCOW Martin Ratio Rank: 94

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.

PSCW vs. GCOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Conservative (April) ETF (PSCW) 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.

	PSCW	GCOW	Difference
Sharpe ratio Return per unit of total volatility	1.54	2.27	-0.73
Sortino ratio Return per unit of downside risk	2.31	3.01	-0.70
Omega ratio Gain probability vs. loss probability	1.45	1.44	+0.01
Calmar ratio Return relative to maximum drawdown	2.10	2.77	-0.68
Martin ratio Return relative to average drawdown	13.94	14.12	-0.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSCW vs. GCOW - Sharpe Ratio Comparison

The current PSCW Sharpe Ratio is 1.54, which is lower than the GCOW Sharpe Ratio of 2.27. The chart below compares the historical Sharpe Ratios of PSCW and GCOW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PSCW	GCOW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.54	2.27	-0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.02	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.60	+0.26

Correlation

The correlation between PSCW and GCOW is 0.52, 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.

Dividends

PSCW vs. GCOW - Dividend Comparison

PSCW has not paid dividends to shareholders, while GCOW's dividend yield for the trailing twelve months is around 4.39%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PSCW Pacer Swan SOS Conservative (April) ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
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%

Drawdowns

PSCW vs. GCOW - Drawdown Comparison

The maximum PSCW drawdown since its inception was -11.89%, smaller than the maximum GCOW drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for PSCW and GCOW.

Drawdown Indicators

	PSCW	GCOW	Difference
Max Drawdown Largest peak-to-trough decline	-11.89%	-37.64%	+25.75%
Max Drawdown (1Y) Largest decline over 1 year	-6.16%	-11.05%	+4.89%
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	0.00%	-1.84%	+1.84%
Average Drawdown Average peak-to-trough decline	-2.26%	-5.90%	+3.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	2.17%	-1.24%

Volatility

PSCW vs. GCOW - Volatility Comparison

The current volatility for Pacer Swan SOS Conservative (April) ETF (PSCW) is 1.44%, while Pacer Global Cash Cows Dividend ETF (GCOW) has a volatility of 4.03%. This indicates that PSCW 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.

Volatility by Period

	PSCW	GCOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.44%	4.03%	-2.59%
Volatility (6M) Calculated over the trailing 6-month period	2.50%	7.90%	-5.40%
Volatility (1Y) Calculated over the trailing 1-year period	8.03%	13.89%	-5.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.69%	13.48%	-5.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.69%	16.25%	-8.56%