WLDR vs. GCOW
Compare and contrast key facts about Affinity World Leaders Equity ETF (WLDR) and Pacer Global Cash Cows Dividend ETF (GCOW).
WLDR and GCOW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WLDR is a passively managed fund by Regents Park Funds that tracks the performance of the Thomson Reuters StarMine Affinity World Leaders Index. It was launched on Jan 17, 2018. GCOW is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Global Cash Cows Dividends Index. It was launched on Feb 23, 2016. Both WLDR and GCOW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WLDR or GCOW.
Key characteristics
| WLDR | GCOW | |
|---|---|---|
| YTD Return | 27.90% | 4.75% |
| 1Y Return | 38.74% | 13.32% |
| 3Y Return (Ann) | 11.30% | 9.38% |
| 5Y Return (Ann) | 12.27% | 7.34% |
| Sharpe Ratio | 2.98 | 1.27 |
| Sortino Ratio | 4.10 | 1.80 |
| Omega Ratio | 1.53 | 1.22 |
| Calmar Ratio | 4.82 | 2.31 |
| Martin Ratio | 17.91 | 6.71 |
| Ulcer Index | 2.24% | 2.04% |
| Daily Std Dev | 13.46% | 10.76% |
| Max Drawdown | -44.69% | -37.64% |
| Current Drawdown | -0.43% | -5.89% |
Correlation
The correlation between WLDR and GCOW is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WLDR vs. GCOW - Performance Comparison
In the year-to-date period, WLDR achieves a 27.90% return, which is significantly higher than GCOW's 4.75% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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WLDR vs. GCOW - Expense Ratio Comparison
WLDR has a 0.67% expense ratio, which is higher than GCOW's 0.60% expense ratio.
Risk-Adjusted Performance
WLDR vs. GCOW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Affinity World Leaders Equity ETF (WLDR) 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.
Dividends
WLDR vs. GCOW - Dividend Comparison
WLDR's dividend yield for the trailing twelve months is around 1.77%, less than GCOW's 4.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
WLDR Affinity World Leaders Equity ETF | 1.77% | 2.28% | 2.09% | 7.56% | 1.80% | 2.48% | 2.83% | 0.00% | 0.00% |
GCOW Pacer Global Cash Cows Dividend ETF | 4.81% | 5.28% | 4.39% | 4.23% | 4.12% | 4.40% | 3.94% | 2.79% | 1.95% |
Drawdowns
WLDR vs. GCOW - Drawdown Comparison
The maximum WLDR drawdown since its inception was -44.69%, which is greater than GCOW's maximum drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for WLDR and GCOW. For additional features, visit the drawdowns tool.
Volatility
WLDR vs. GCOW - Volatility Comparison
Affinity World Leaders Equity ETF (WLDR) has a higher volatility of 5.77% compared to Pacer Global Cash Cows Dividend ETF (GCOW) at 3.01%. This indicates that WLDR's price experiences larger fluctuations and is considered to be riskier than GCOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.