SPAX vs. COWZ

In the year-to-date period, SPAX achieves a 3.67% return, which is significantly lower than COWZ's 19.69% return.

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

SPAX has a 0.85% expense ratio, which is higher than COWZ's 0.49% expense ratio.

The correlation between SPAX and COWZ is 0.06, 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.

This table presents a comparison of risk-adjusted performance metrics for Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) 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.

The current SPAX Sharpe Ratio is 0.79, which is lower than the COWZ Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of SPAX 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.

SPAX's dividend yield for the trailing twelve months is around 10.23%, more than COWZ's 1.78% yield.

The maximum SPAX drawdown since its inception was -8.88%, smaller than the maximum COWZ drawdown of -38.63%. Use the drawdown chart below to compare losses from any high point for SPAX and COWZ. For additional features, visit the drawdowns tool.

The current volatility for Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) is 1.53%, while Pacer US Cash Cows 100 ETF (COWZ) has a volatility of 4.10%. This indicates that SPAX 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.