PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PSK vs. COWZ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PSK vs. COWZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR ICE Preferred Securities ETF (PSK) and Pacer US Cash Cows 100 ETF (COWZ). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.62%
11.50%
PSK
COWZ

Returns By Period

In the year-to-date period, PSK achieves a 8.18% return, which is significantly lower than COWZ's 18.57% return.


PSK

YTD

8.18%

1M

-2.27%

6M

6.51%

1Y

13.45%

5Y (annualized)

1.05%

10Y (annualized)

3.50%

COWZ

YTD

18.57%

1M

6.35%

6M

11.50%

1Y

24.67%

5Y (annualized)

17.25%

10Y (annualized)

N/A

Key characteristics


PSKCOWZ
Sharpe Ratio1.461.81
Sortino Ratio2.072.62
Omega Ratio1.271.31
Calmar Ratio0.783.25
Martin Ratio6.337.71
Ulcer Index2.01%3.20%
Daily Std Dev8.71%13.60%
Max Drawdown-30.10%-38.63%
Current Drawdown-4.95%0.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PSK vs. COWZ - Expense Ratio Comparison

PSK has a 0.45% expense ratio, which is lower than COWZ's 0.49% expense ratio.


COWZ
Pacer US Cash Cows 100 ETF
Expense ratio chart for COWZ: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
Expense ratio chart for PSK: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Correlation

-0.50.00.51.00.4

The correlation between PSK and COWZ is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

PSK vs. COWZ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR ICE Preferred Securities ETF (PSK) 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.


Sharpe ratio
The chart of Sharpe ratio for PSK, currently valued at 1.55, compared to the broader market0.002.004.001.551.81
The chart of Sortino ratio for PSK, currently valued at 2.19, compared to the broader market-2.000.002.004.006.008.0010.0012.002.192.62
The chart of Omega ratio for PSK, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.001.281.31
The chart of Calmar ratio for PSK, currently valued at 0.84, compared to the broader market0.005.0010.0015.000.843.25
The chart of Martin ratio for PSK, currently valued at 6.65, compared to the broader market0.0020.0040.0060.0080.00100.006.657.71
PSK
COWZ

The current PSK Sharpe Ratio is 1.46, which is comparable to the COWZ Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of PSK and COWZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.55
1.81
PSK
COWZ

Dividends

PSK vs. COWZ - Dividend Comparison

PSK's dividend yield for the trailing twelve months is around 6.28%, more than COWZ's 1.79% yield.


TTM20232022202120202019201820172016201520142013
PSK
SPDR ICE Preferred Securities ETF
6.28%6.44%6.55%5.03%5.49%5.44%6.47%6.91%5.92%5.35%5.65%7.73%
COWZ
Pacer US Cash Cows 100 ETF
1.79%1.92%1.96%1.48%2.54%1.96%1.67%1.94%0.13%0.00%0.00%0.00%

Drawdowns

PSK vs. COWZ - Drawdown Comparison

The maximum PSK drawdown since its inception was -30.10%, smaller than the maximum COWZ drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for PSK and COWZ. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.95%
0
PSK
COWZ

Volatility

PSK vs. COWZ - Volatility Comparison

The current volatility for SPDR ICE Preferred Securities ETF (PSK) is 3.04%, while Pacer US Cash Cows 100 ETF (COWZ) has a volatility of 4.06%. This indicates that PSK experiences smaller price fluctuations and is considered to be less risky than COWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
3.04%
4.06%
PSK
COWZ