QFHD vs. COWG

Last updated Aug 1, 2026

QFHD (Pacer S&P 500 Quality FCF High Dividend ETF) and COWG (Pacer US Large Cap Cash Cows Growth Leaders ETF) are both exchange-traded funds - QFHD is a Quality Factor fund tracking the S&P 500 Quality FCF High Dividend Index, while COWG is a Large Cap Growth Equities fund tracking the Pacer US Large Cap Cash Cows Growth Leaders Index. Both are passively managed. Their 0.08 correlation means their historical movements had little consistent relationship. Both charge a 0.49% expense ratio.

Performance

QFHD vs. COWG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer S&P 500 Quality FCF High Dividend ETF (QFHD) and Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QFHD

• 1D: -0.29%
• 1M: 1.83%
• 6M: 8.33%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

COWG

• 1D: 0.19%
• 1M: -2.55%
• 6M: 7.42%
• YTD: 7.76%
• 1Y: 10.38%
• 3Y*: 19.27%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.87%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF	$10.58M	$10.02M	$10.58M
QFHD Pacer S&P 500 Quality FCF High Dividend ETF	$8.06K	$29.95K	$25.81K

QFHD vs. COWG - Yearly Performance Comparison

	2026 (YTD)
QFHD Pacer S&P 500 Quality FCF High Dividend ETF	11.66%
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF	4.21%

Correlation

The correlation between QFHD and COWG is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 13, 2026	0.08

Return for Risk

QFHD vs. COWG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QFHD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

COWG

COWG Risk / Return Rank: 24
COWG Sharpe Ratio Rank: 23
COWG Sortino Ratio Rank: 22
COWG Omega Ratio Rank: 22
COWG Calmar Ratio Rank: 27
COWG Martin Ratio Rank: 27

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QFHD vs. COWG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer S&P 500 Quality FCF High Dividend ETF (QFHD) and Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG). 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.

	QFHD	COWG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.50	—
Sortino ratio: Return per unit of downside risk	—	0.81	—
Omega ratio: Gain probability vs. loss probability	—	1.10	—
Calmar ratio: Return relative to maximum drawdown	—	0.84	—
Martin ratio: Return relative to average drawdown	—	2.26	—

Drawdowns

QFHD vs. COWG - Drawdown Comparison

The maximum QFHD drawdown since its inception was -5.52%, smaller than the maximum COWG drawdown of -23.60%. Use the drawdown chart below to compare losses from any high point for QFHD and COWG.

Drawdown Indicators

	QFHD	COWG	Difference
Max Drawdown Largest peak-to-trough decline	-5.52%	-23.60%	+18.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.79%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.60%	—
Current Drawdown Current decline from peak	-1.91%	-5.60%	+3.69%
Average Drawdown Average peak-to-trough decline	-1.77%	-3.30%	+1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.01%	—

Volatility

Volatility by Period

	QFHD	COWG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.45%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.91%	18.07%	-7.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.91%	19.33%	-8.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.91%	19.33%	-8.42%

QFHD vs. COWG - Expense Ratio Comparison

Both QFHD and COWG have an expense ratio of 0.49%.

Dividends

QFHD vs. COWG - Dividend Comparison

QFHD's dividend yield for the trailing twelve months is around 1.29%, more than COWG's 0.37% yield.

Position	TTM	2025	2024	2023
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF	0.37%	0.32%	0.40%	0.47%
QFHD Pacer S&P 500 Quality FCF High Dividend ETF	1.29%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QFHD and COWG in my portfolio?

QFHD and COWG have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QFHD or COWG?

Both ETFs have the same 0.49% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QFHD or COWG?

QFHD and COWG have the same expense ratio: 0.49% per year.

Which ETF pays a higher dividend yield, QFHD or COWG?

QFHD has the higher dividend yield at 1.29%, compared with 0.37% for COWG.

What is the main difference between QFHD and COWG?

QFHD is categorized as Quality Factor, while COWG is Large Cap Growth Equities. QFHD tracks S&P 500 Quality FCF High Dividend Index, while COWG tracks Pacer US Large Cap Cash Cows Growth Leaders Index.