SNSR vs. COWZ

Last updated Jul 18, 2026

SNSR (Global X Internet of Things ETF) and COWZ (Pacer US Cash Cows 100 ETF) are both exchange-traded funds - SNSR is a Technology Equities fund tracking the Indxx Global Internet of Things Thematic Index, while COWZ is a Mid Cap Value Equities fund tracking the Pacer US Cash Cows 100 Index. Both are passively managed. Over the past 5 years, SNSR returned 6.12%/yr vs 11.16%/yr for COWZ. A 0.70 correlation means they provide meaningful diversification when combined. SNSR charges 0.68%/yr vs 0.49%/yr for COWZ.

Performance

SNSR vs. COWZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Internet of Things ETF (SNSR) and Pacer US Cash Cows 100 ETF (COWZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNSR achieves a 24.67% return, which is significantly higher than COWZ's 8.38% return.

SNSR

• 1D: -0.48%
• 1M: -6.82%
• 6M: 20.98%
• YTD: 24.67%
• 1Y: 20.09%
• 3Y*: 9.45%
• 5Y*: 6.12%
• 10Y*: —

COWZ

• 1D: -0.46%
• 1M: 4.31%
• 6M: 5.75%
• YTD: 8.38%
• 1Y: 18.40%
• 3Y*: 11.58%
• 5Y*: 11.16%
• 10Y*: —

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

SNSR vs. COWZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SNSR Global X Internet of Things ETF	24.67%	6.46%	-0.45%	23.06%	-25.50%	23.66%	35.05%	47.90%	-17.66%	28.59%
COWZ Pacer US Cash Cows 100 ETF	8.38%	8.98%	10.64%	14.73%	0.19%	42.57%	11.65%	23.41%	-10.05%	20.22%

Correlation

The correlation between SNSR and COWZ is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (All Time) Calculated using the full available price history since Dec 19, 2016	0.70

Over the past year, the correlation between SNSR and COWZ has dropped to 0.43 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.

SNSR vs. COWZ - Sectors Allocation Comparison

Sectors	SNSR	COWZ
Technology	77.2%	19.9%
Industrials	12.3%	10.9%
Healthcare	5.3%	19.9%
Basic Materials	1.6%	4.0%
Communication Services	0.9%	8.7%
Utilities	0.1%	-
Consumer Cyclical	-	14.3%
Consumer Defensive	-	10.5%
Energy	-	11.6%
Financial Services	-	-
Real Estate	-	-

Return for Risk

SNSR vs. COWZ — Risk / Return Rank

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

SNSR

SNSR Risk / Return Rank: 28
SNSR Sharpe Ratio Rank: 26
SNSR Sortino Ratio Rank: 26
SNSR Omega Ratio Rank: 25
SNSR Calmar Ratio Rank: 34
SNSR Martin Ratio Rank: 32

COWZ

COWZ Risk / Return Rank: 64
COWZ Sharpe Ratio Rank: 60
COWZ Sortino Ratio Rank: 64
COWZ Omega Ratio Rank: 57
COWZ Calmar Ratio Rank: 76
COWZ Martin Ratio Rank: 62

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.

SNSR vs. COWZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Internet of Things ETF (SNSR) 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.

	SNSR	COWZ	Difference
Sharpe ratio: Return per unit of total volatility	0.75	1.61	-0.86
Sortino ratio: Return per unit of downside risk	1.18	2.39	-1.21
Omega ratio: Gain probability vs. loss probability	1.15	1.28	-0.14
Calmar ratio: Return relative to maximum drawdown	1.40	3.10	-1.70
Martin ratio: Return relative to average drawdown	3.63	8.71	-5.08

SNSR vs. COWZ - Sharpe Ratio Comparison

The current SNSR Sharpe Ratio is 0.75, which is lower than the COWZ Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of SNSR and COWZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SNSR vs. COWZ - Drawdown Comparison

The maximum SNSR drawdown since its inception was -38.46%, roughly equal to the maximum COWZ drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for SNSR and COWZ.

Drawdown Indicators

	SNSR	COWZ	Difference
Max Drawdown Largest peak-to-trough decline	-38.46%	-38.63%	+0.17%
Max Drawdown (1Y) Largest decline over 1 year	-14.36%	-5.95%	-8.41%
Max Drawdown (3Y) Largest decline over 3 years	-28.32%	-22.00%	-6.32%
Max Drawdown (5Y) Largest decline over 5 years	-38.03%	-22.00%	-16.03%
Current Drawdown Current decline from peak	-14.36%	-0.72%	-13.64%
Average Drawdown Average peak-to-trough decline	-9.49%	-4.78%	-4.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.54%	2.12%	+3.42%

Volatility

SNSR vs. COWZ - Volatility Comparison

Global X Internet of Things ETF (SNSR) has a higher volatility of 9.61% compared to Pacer US Cash Cows 100 ETF (COWZ) at 4.59%. This indicates that SNSR's price experiences larger fluctuations and is considered to be riskier than COWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNSR	COWZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.61%	4.59%	+5.02%
Volatility (6M) Calculated over the trailing 6-month period	22.68%	8.08%	+14.60%
Volatility (1Y) Calculated over the trailing 1-year period	27.00%	11.50%	+15.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.85%	17.65%	+8.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.92%	19.86%	+5.06%

SNSR vs. COWZ - Expense Ratio Comparison

SNSR has a 0.68% expense ratio, which is higher than COWZ's 0.49% expense ratio.

Dividends

SNSR vs. COWZ - Dividend Comparison

SNSR's dividend yield for the trailing twelve months is around 0.50%, less than COWZ's 1.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
COWZ Pacer US Cash Cows 100 ETF	1.91%	2.19%	1.82%	1.92%	1.96%	1.48%	2.54%	1.96%	1.67%	1.95%	0.13%
SNSR Global X Internet of Things ETF	0.50%	0.54%	0.73%	0.74%	0.82%	0.43%	0.21%	1.12%	1.25%	1.11%	0.31%

Frequently Asked Questions

Can I hold both SNSR and COWZ in my portfolio?

SNSR and COWZ have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNSR or COWZ?

SNSR has higher volatility (9.61%) compared to COWZ (4.59%). In terms of maximum drawdown, SNSR dropped -38.46% vs COWZ's -38.63%.

Which ETF is better, SNSR or COWZ?

On 5-year performance, COWZ leads with 11.16% vs 6.12% for SNSR. On fees, COWZ is cheaper at 0.49% per year. On volatility, COWZ has been the lower-risk option at 4.59%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNSR or COWZ?

Over the 5-year period, COWZ has performed better with a 11.16% return vs 6.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNSR or COWZ?

COWZ is cheaper with a 0.49% expense ratio, compared with 0.68% for SNSR.

Which ETF pays a higher dividend yield, SNSR or COWZ?

COWZ has the higher dividend yield at 1.91%, compared with 0.50% for SNSR.

What is the main difference between SNSR and COWZ?

SNSR is categorized as Technology Equities, while COWZ is Mid Cap Value Equities. SNSR tracks Indxx Global Internet of Things Thematic Index, while COWZ tracks Pacer US Cash Cows 100 Index. They also come from different issuers: Global X and Pacer. Their fees differ too: 0.68% for SNSR and 0.49% for COWZ.

Which has better risk-adjusted returns?

COWZ currently has the higher Sharpe Ratio (1.61 vs 0.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.