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TGLS vs. ICOW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.3

Performance

TGLS vs. ICOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tecnoglass Inc. (TGLS) and Pacer Developed Markets International Cash Cows 100 ETF (ICOW). The values are adjusted to include any dividend payments, if applicable.

0.00%20.00%40.00%60.00%AugustSeptemberOctoberNovemberDecember2025
60.44%
-3.86%
TGLS
ICOW

Key characteristics

Sharpe Ratio

TGLS:

2.11

ICOW:

0.14

Sortino Ratio

TGLS:

2.94

ICOW:

0.27

Omega Ratio

TGLS:

1.38

ICOW:

1.03

Calmar Ratio

TGLS:

3.20

ICOW:

0.19

Martin Ratio

TGLS:

10.56

ICOW:

0.44

Ulcer Index

TGLS:

9.23%

ICOW:

4.00%

Daily Std Dev

TGLS:

46.13%

ICOW:

12.86%

Max Drawdown

TGLS:

-81.32%

ICOW:

-43.49%

Current Drawdown

TGLS:

-1.54%

ICOW:

-6.52%

Returns By Period

In the year-to-date period, TGLS achieves a 5.96% return, which is significantly higher than ICOW's 1.68% return.


TGLS

YTD

5.96%

1M

5.18%

6M

60.44%

1Y

92.72%

5Y*

62.81%

10Y*

27.18%

ICOW

YTD

1.68%

1M

2.91%

6M

-3.86%

1Y

1.51%

5Y*

5.37%

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

TGLS vs. ICOW — Risk-Adjusted Performance Rank

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

TGLS
The Risk-Adjusted Performance Rank of TGLS is 9292
Overall Rank
The Sharpe Ratio Rank of TGLS is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of TGLS is 9191
Sortino Ratio Rank
The Omega Ratio Rank of TGLS is 9090
Omega Ratio Rank
The Calmar Ratio Rank of TGLS is 9595
Calmar Ratio Rank
The Martin Ratio Rank of TGLS is 9292
Martin Ratio Rank

ICOW
The Risk-Adjusted Performance Rank of ICOW is 1010
Overall Rank
The Sharpe Ratio Rank of ICOW is 99
Sharpe Ratio Rank
The Sortino Ratio Rank of ICOW is 99
Sortino Ratio Rank
The Omega Ratio Rank of ICOW is 99
Omega Ratio Rank
The Calmar Ratio Rank of ICOW is 1313
Calmar Ratio Rank
The Martin Ratio Rank of ICOW is 1010
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


Sharpe ratio
The chart of Sharpe ratio for TGLS, currently valued at 2.11, compared to the broader market-2.000.002.004.002.110.14
The chart of Sortino ratio for TGLS, currently valued at 2.94, compared to the broader market-4.00-2.000.002.004.006.002.940.27
The chart of Omega ratio for TGLS, currently valued at 1.38, compared to the broader market0.501.001.502.001.381.03
The chart of Calmar ratio for TGLS, currently valued at 3.20, compared to the broader market0.002.004.006.003.200.19
The chart of Martin ratio for TGLS, currently valued at 10.56, compared to the broader market-10.000.0010.0020.0030.0010.560.44
TGLS
ICOW

The current TGLS Sharpe Ratio is 2.11, which is higher than the ICOW Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of TGLS and ICOW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00AugustSeptemberOctoberNovemberDecember2025
2.11
0.14
TGLS
ICOW

Dividends

TGLS vs. ICOW - Dividend Comparison

TGLS's dividend yield for the trailing twelve months is around 0.57%, less than ICOW's 4.32% yield.


TTM202420232022202120202019201820172016
TGLS
Tecnoglass Inc.
0.57%0.61%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
4.32%4.39%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.


-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-1.54%
-6.52%
TGLS
ICOW

Volatility

TGLS vs. ICOW - Volatility Comparison

Tecnoglass Inc. (TGLS) has a higher volatility of 10.75% compared to Pacer Developed Markets International Cash Cows 100 ETF (ICOW) at 3.54%. 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.


5.00%10.00%15.00%20.00%AugustSeptemberOctoberNovemberDecember2025
10.75%
3.54%
TGLS
ICOW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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