XLG vs. COWG
Compare and contrast key facts about Invesco S&P 500 Top 50 ETF (XLG) and Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG).
XLG and COWG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XLG is a passively managed fund by Invesco that tracks the performance of the S&P 500 Top 50 Index. It was launched on May 4, 2005. COWG is a passively managed fund by Pacer that tracks the performance of the Pacer US Large Cap Cash Cows Growth Leaders Index. It was launched on Dec 21, 2022. Both XLG and COWG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
XLG vs. COWG - Performance Comparison
Loading graphics...
XLG vs. COWG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XLG Invesco S&P 500 Top 50 ETF | -7.18% | 19.51% | 33.49% | 38.16% | 0.27% |
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF | -3.92% | 10.24% | 34.99% | 20.69% | -0.68% |
Returns By Period
In the year-to-date period, XLG achieves a -7.18% return, which is significantly lower than COWG's -3.92% return.
XLG
- 1D
- 0.70%
- 1M
- -3.74%
- YTD
- -7.18%
- 6M
- -4.55%
- 1Y
- 19.62%
- 3Y*
- 21.92%
- 5Y*
- 13.96%
- 10Y*
- 15.72%
COWG
- 1D
- 0.24%
- 1M
- -4.35%
- YTD
- -3.92%
- 6M
- -7.05%
- 1Y
- 9.21%
- 3Y*
- 18.49%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XLG vs. COWG - Expense Ratio Comparison
XLG has a 0.20% expense ratio, which is lower than COWG's 0.49% expense ratio.
Return for Risk
XLG vs. COWG — Risk / Return Rank
XLG
COWG
XLG vs. COWG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 Top 50 ETF (XLG) and Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG). 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.
| XLG | COWG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 0.41 | +0.58 |
Sortino ratioReturn per unit of downside risk | 1.54 | 0.74 | +0.80 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.10 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.63 | 0.79 | +0.84 |
Martin ratioReturn relative to average drawdown | 5.71 | 2.55 | +3.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| XLG | COWG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 0.41 | +0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.93 | -0.35 |
Correlation
The correlation between XLG and COWG is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
XLG vs. COWG - Dividend Comparison
XLG's dividend yield for the trailing twelve months is around 0.70%, more than COWG's 0.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XLG Invesco S&P 500 Top 50 ETF | 0.70% | 0.64% | 0.72% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% |
COWG Pacer US Large Cap Cash Cows Growth Leaders ETF | 0.35% | 0.32% | 0.40% | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XLG vs. COWG - Drawdown Comparison
The maximum XLG drawdown since its inception was -52.39%, which is greater than COWG's maximum drawdown of -23.60%. Use the drawdown chart below to compare losses from any high point for XLG and COWG.
Loading graphics...
Drawdown Indicators
| XLG | COWG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.39% | -23.60% | -28.79% |
Max Drawdown (1Y)Largest decline over 1 year | -12.41% | -12.96% | +0.55% |
Max Drawdown (5Y)Largest decline over 5 years | -28.02% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -30.46% | — | — |
Current DrawdownCurrent decline from peak | -8.93% | -7.98% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -3.36% | -4.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 4.00% | -0.46% |
Volatility
XLG vs. COWG - Volatility Comparison
Invesco S&P 500 Top 50 ETF (XLG) and Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) have volatilities of 5.82% and 5.87%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| XLG | COWG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.82% | 5.87% | -0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.65% | 13.24% | -2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.97% | 22.50% | -2.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.68% | 19.32% | -0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.81% | 19.32% | -0.51% |