TGLS vs. ICOW
Compare and contrast key facts about Tecnoglass Inc. (TGLS) and Pacer Developed Markets International Cash Cows 100 ETF (ICOW).
ICOW is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Developed Markets International Cash Cows 100 Index. It was launched on Jun 16, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGLS or ICOW.
Performance
TGLS vs. ICOW - Performance Comparison
Returns By Period
In the year-to-date period, TGLS achieves a 65.55% return, which is significantly higher than ICOW's -0.46% return.
TGLS
65.55%
-3.67%
36.02%
121.05%
59.83%
25.46%
ICOW
-0.46%
-3.51%
-6.05%
3.61%
6.42%
N/A
Key characteristics
| TGLS | ICOW | |
|---|---|---|
| Sharpe Ratio | 2.40 | 0.32 |
| Sortino Ratio | 3.20 | 0.51 |
| Omega Ratio | 1.42 | 1.06 |
| Calmar Ratio | 3.07 | 0.45 |
| Martin Ratio | 12.42 | 1.37 |
| Ulcer Index | 9.06% | 3.04% |
| Daily Std Dev | 46.94% | 12.98% |
| Max Drawdown | -81.32% | -43.49% |
| Current Drawdown | -5.22% | -6.05% |
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Correlation
The correlation between TGLS and ICOW is 0.30, 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
TGLS vs. ICOW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tecnoglass Inc. (TGLS) 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.
Dividends
TGLS vs. ICOW - Dividend Comparison
TGLS's dividend yield for the trailing twelve months is around 0.56%, less than ICOW's 4.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
TGLS Tecnoglass Inc. | 0.56% | 0.79% | 0.91% | 0.57% | 1.62% | 6.79% | 5.20% | 7.21% | 2.04% |
ICOW Pacer Developed Markets International Cash Cows 100 ETF | 4.81% | 3.61% | 5.26% | 2.11% | 2.46% | 3.10% | 2.62% | 0.80% | 0.00% |
Drawdowns
TGLS vs. ICOW - Drawdown Comparison
The maximum TGLS drawdown since its inception was -81.32%, which is greater than ICOW's maximum drawdown of -43.49%. Use the drawdown chart below to compare losses from any high point for TGLS and ICOW. For additional features, visit the drawdowns tool.
Volatility
TGLS vs. ICOW - Volatility Comparison
Tecnoglass Inc. (TGLS) has a higher volatility of 15.84% compared to Pacer Developed Markets International Cash Cows 100 ETF (ICOW) at 4.20%. This indicates that TGLS's price experiences larger fluctuations and is considered to be riskier than ICOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.