Snapshot*
Top 10 Holdings
What is COWZ?
The Pacer US Cash Cows 100 ETF (the Fund ) is an exchange traded fund that seeks to track the total return performance, before fees and expenses, of the Pacer US Cash Cows 100 Index (the Index ). A strategy driven exchange traded fund that aims to provide capital appreciation over time by screening the Russell 1000 for the top 100 companies based on free cash flow yield. Free cash flow is the cash remaining after a company has paid expenses, interest, taxes, and long-term investments. It can be used to buy back stock, pay dividends, or participate in mergers and acquisitions. The ability to generate a high free cash flow yield indicates a company is producing more cash than it needs to run the business and can invest in growth opportunities. The strategy targets US companies with strong cash flows and healthy balance sheets.
COWZPerformance Measures**
for the time period Dec 19, 2016 to Aug 6, 2026
1M Trailing Return: 6.9%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 7.6%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -38.6%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 19.9%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 0.73
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.34
The annualized return divided by the max drawdown for the selected time period.
ETFs related toCOWZ
ETFs correlated to COWZ include AVLV, QVAL, DFUV
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toCOWZ
Dividend ETFs
Category
Dividend income, Equity ETFs, Multi-factor, Buy-and-hold, US and international
OOS Cumulative Return
49.31%
Primal Funds › Terra Firma (US)
Category
US equities, large-cap & tech tilt, Nasdaq/S&P core, factor tilts (momentum/value/quality), small-cap slice, sector tweaks, buy-and-hold
OOS Cumulative Return
34.2%
Create your own algorithmic trading strategy with COWZ using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.