UDI vs. GCOW

Last updated Aug 2, 2026

UDI (USCF ESG Dividend Income Fund) and GCOW (Pacer Global Cash Cows Dividend ETF) are both Large Cap Value Equities funds. UDI is actively managed, while GCOW is passively managed. Over the past 3 years, UDI returned 17.02%/yr vs 16.05%/yr for GCOW. Their 0.68 correlation means they have sometimes moved together and sometimes differently. UDI charges 0.65%/yr vs 0.60%/yr for GCOW.

Performance

UDI vs. GCOW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USCF ESG Dividend Income Fund (UDI) and Pacer Global Cash Cows Dividend ETF (GCOW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UDI achieves a 16.78% return, which is significantly higher than GCOW's 14.77% return.

UDI

• 1D: 0.09%
• 1M: 2.84%
• 6M: 12.51%
• YTD: 16.78%
• 1Y: 27.73%
• 3Y*: 17.02%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.87%

GCOW

• 1D: -0.73%
• 1M: 5.47%
• 6M: 7.25%
• YTD: 14.77%
• 1Y: 27.77%
• 3Y*: 16.05%
• 5Y*: 13.35%
• 10Y*: 9.89%
• ALL TIME*: 10.57%

*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)
GCOW Pacer Global Cash Cows Dividend ETF	$12.71M	$12.72M	$12.45M
UDI USCF ESG Dividend Income Fund	$39.69K	$57.87K	$43.48K

UDI vs. GCOW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UDI USCF ESG Dividend Income Fund	16.78%	14.23%	17.07%	6.35%	3.14%
GCOW Pacer Global Cash Cows Dividend ETF	14.77%	27.34%	3.52%	13.95%	-5.58%

Correlation

The correlation between UDI and GCOW is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.58
Correlation (3Y) Balances recent behavior with more history.	0.64
Correlation (All Time) Calculated using the full available price history since Jun 8, 2022	0.68

The correlation between UDI and GCOW shifts across timeframes, from 0.58 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.

UDI vs. GCOW - Sectors Allocation Comparison

Sectors	UDI	GCOW
Financial Services	26.9%	-
Healthcare	16.5%	17.1%
Real Estate	10.0%	-
Utilities	7.8%	6.8%
Energy	7.6%	11.7%
Industrials	5.0%	10.7%
Technology	4.8%	2.9%
Communication Services	4.7%	15.0%
Consumer Cyclical	4.0%	7.5%
Consumer Defensive	3.9%	22.3%
Basic Materials	3.6%	3.6%

Return for Risk

UDI vs. GCOW — Risk / Return Rank

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

UDI

UDI Risk / Return Rank: 94
UDI Sharpe Ratio Rank: 94
UDI Sortino Ratio Rank: 94
UDI Omega Ratio Rank: 92
UDI Calmar Ratio Rank: 93
UDI Martin Ratio Rank: 94

GCOW

GCOW Risk / Return Rank: 90
GCOW Sharpe Ratio Rank: 94
GCOW Sortino Ratio Rank: 94
GCOW Omega Ratio Rank: 93
GCOW Calmar Ratio Rank: 88
GCOW Martin Ratio Rank: 83

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.

UDI vs. GCOW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF ESG Dividend Income Fund (UDI) and Pacer Global Cash Cows Dividend ETF (GCOW). 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.

	UDI	GCOW	Difference
Sharpe ratio: Return per unit of total volatility	2.64	2.60	+0.04
Sortino ratio: Return per unit of downside risk	3.85	3.73	+0.12
Omega ratio: Gain probability vs. loss probability	1.46	1.46	0.00
Calmar ratio: Return relative to maximum drawdown	4.71	3.61	+1.10
Martin ratio: Return relative to average drawdown	18.68	11.15	+7.54

UDI vs. GCOW - Sharpe Ratio Comparison

The current UDI Sharpe Ratio is 2.64, which is comparable to the GCOW Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of UDI and GCOW, 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

UDI vs. GCOW - Drawdown Comparison

The maximum UDI drawdown since its inception was -14.17%, smaller than the maximum GCOW drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for UDI and GCOW.

Drawdown Indicators

	UDI	GCOW	Difference
Max Drawdown Largest peak-to-trough decline	-14.17%	-37.64%	+23.47%
Max Drawdown (1Y) Largest decline over 1 year	-5.66%	-7.83%	+2.17%
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	-12.35%	-1.82%
Max Drawdown (5Y) Largest decline over 5 years	—	-21.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-37.64%	—
Current Drawdown Current decline from peak	-1.08%	-0.73%	-0.35%
Average Drawdown Average peak-to-trough decline	-3.00%	-5.82%	+2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.42%	2.53%	-1.11%

Volatility

UDI vs. GCOW - Volatility Comparison

The current volatility for USCF ESG Dividend Income Fund (UDI) is 3.13%, while Pacer Global Cash Cows Dividend ETF (GCOW) has a volatility of 3.59%. This indicates that UDI experiences smaller price fluctuations and is considered to be less risky than GCOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UDI	GCOW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.13%	3.59%	-0.46%
Volatility (6M) Calculated over the trailing 6-month period	7.37%	8.54%	-1.17%
Volatility (1Y) Calculated over the trailing 1-year period	10.16%	10.99%	-0.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.93%	13.55%	+0.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.93%	16.00%	-2.07%

UDI vs. GCOW - Expense Ratio Comparison

UDI has a 0.65% expense ratio, which is higher than GCOW's 0.60% expense ratio.

Dividends

UDI vs. GCOW - Dividend Comparison

UDI's dividend yield for the trailing twelve months is around 2.56%, less than GCOW's 4.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
GCOW Pacer Global Cash Cows Dividend ETF	4.58%	4.06%	5.14%	5.28%	4.39%	4.23%	4.12%	4.40%	3.94%	2.79%	1.95%
UDI USCF ESG Dividend Income Fund	2.56%	2.42%	5.33%	2.61%	1.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both UDI and GCOW in my portfolio?

UDI and GCOW have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UDI or GCOW?

GCOW has higher volatility (3.59%) compared to UDI (3.13%). In terms of maximum drawdown, UDI dropped -14.17% vs GCOW's -37.64%.

Which ETF is better, UDI or GCOW?

On 3-year performance, UDI leads with 17.02% vs 16.05% for GCOW. On fees, GCOW is cheaper at 0.60% per year. On volatility, UDI has been the lower-risk option at 3.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UDI or GCOW?

Over the 3-year period, UDI has performed better with a 17.02% return vs 16.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UDI or GCOW?

GCOW is cheaper with a 0.60% expense ratio, compared with 0.65% for UDI.

Which ETF pays a higher dividend yield, UDI or GCOW?

GCOW has the higher dividend yield at 4.58%, compared with 2.56% for UDI.

What is the main difference between UDI and GCOW?

They also come from different issuers: USCF and Pacer. Their fees differ too: 0.65% for UDI and 0.60% for GCOW.

Which has better risk-adjusted returns?

UDI currently has the higher Sharpe Ratio (2.64 vs 2.60), 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.