PWS vs. ICOW
Compare and contrast key facts about Pacer WealthShield ETF (PWS) and Pacer Developed Markets International Cash Cows 100 ETF (ICOW).
PWS and ICOW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PWS is a passively managed fund by Pacer that tracks the performance of the Pacer WealthShield Index. It was launched on Dec 11, 2017. ICOW is a passively managed fund by Pacer that tracks the performance of the Pacer Developed Markets International Cash Cows 100 Index. It was launched on Jun 16, 2017. Both PWS and ICOW 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
PWS vs. ICOW - Performance Comparison
Loading graphics...
PWS vs. ICOW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PWS Pacer WealthShield ETF | -0.91% | 8.05% | 14.01% | -3.58% | -12.10% | 14.43% | 22.16% | 1.36% | -3.29% | 0.96% |
ICOW Pacer Developed Markets International Cash Cows 100 ETF | 9.82% | 36.95% | -2.59% | 18.94% | -7.98% | 11.52% | 7.20% | 17.91% | -16.09% | 3.22% |
Returns By Period
In the year-to-date period, PWS achieves a -0.91% return, which is significantly lower than ICOW's 9.82% return.
PWS
- 1D
- 0.28%
- 1M
- -3.73%
- YTD
- -0.91%
- 6M
- 0.33%
- 1Y
- 5.43%
- 3Y*
- 7.38%
- 5Y*
- 1.86%
- 10Y*
- —
ICOW
- 1D
- 2.29%
- 1M
- -5.12%
- YTD
- 9.82%
- 6M
- 18.13%
- 1Y
- 38.68%
- 3Y*
- 17.01%
- 5Y*
- 10.19%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PWS vs. ICOW - Expense Ratio Comparison
PWS has a 0.60% expense ratio, which is lower than ICOW's 0.65% expense ratio.
Return for Risk
PWS vs. ICOW — Risk / Return Rank
PWS
ICOW
PWS vs. ICOW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer WealthShield ETF (PWS) and Pacer Developed Markets International Cash Cows 100 ETF (ICOW). 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.
| PWS | ICOW | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.47 | 2.27 | -1.81 |
Sortino ratioReturn per unit of downside risk | 0.73 | 2.92 | -2.20 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.45 | -0.36 |
Calmar ratioReturn relative to maximum drawdown | 1.03 | 3.08 | -2.05 |
Martin ratioReturn relative to average drawdown | 2.75 | 14.46 | -11.71 |
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
| PWS | ICOW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.47 | 2.27 | -1.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.62 | -0.46 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.51 | -0.21 |
Correlation
The correlation between PWS and ICOW is 0.37, 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.
Dividends
PWS vs. ICOW - Dividend Comparison
PWS's dividend yield for the trailing twelve months is around 1.47%, less than ICOW's 2.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PWS Pacer WealthShield ETF | 1.47% | 1.59% | 1.33% | 2.21% | 1.45% | 0.94% | 0.53% | 1.77% | 1.16% | 0.00% |
ICOW Pacer Developed Markets International Cash Cows 100 ETF | 2.26% | 3.03% | 4.39% | 3.61% | 5.26% | 2.11% | 2.46% | 3.10% | 2.61% | 0.80% |
Drawdowns
PWS vs. ICOW - Drawdown Comparison
The maximum PWS drawdown since its inception was -24.93%, smaller than the maximum ICOW drawdown of -43.49%. Use the drawdown chart below to compare losses from any high point for PWS and ICOW.
Loading graphics...
Drawdown Indicators
| PWS | ICOW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.93% | -43.49% | +18.56% |
Max Drawdown (1Y)Largest decline over 1 year | -6.15% | -12.08% | +5.93% |
Max Drawdown (5Y)Largest decline over 5 years | -24.93% | -28.48% | +3.55% |
Current DrawdownCurrent decline from peak | -4.70% | -5.12% | +0.42% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -7.71% | -1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.57% | -0.26% |
Volatility
PWS vs. ICOW - Volatility Comparison
The current volatility for Pacer WealthShield ETF (PWS) is 3.85%, while Pacer Developed Markets International Cash Cows 100 ETF (ICOW) has a volatility of 6.21%. This indicates that PWS experiences smaller price fluctuations and is considered to be less risky than ICOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PWS | ICOW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 6.21% | -2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 9.84% | 10.42% | -0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.76% | 17.15% | -5.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.11% | 16.58% | -4.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.51% | 18.53% | -4.02% |