Key stats
About Pacer US Cash Cows 100 ETF
Home page
Inception date
Dec 16, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Pacer Advisors, Inc.
Distributor
Pacer Financial, Inc.
COWZ provides broad-based US large-cap equity exposure with the investment thesis that higher free cash flow is a mark of stability. Starting with the Russell 1000 selection universe, COWZ screens companies based on their average projected free cash flows and earnings (if available) for the next two fiscal years. Companies without these forward year estimates will remain in the index universe, however, firms with negative earnings or free cash flow are filtered out. The remaining companies are ranked according to their twelve-month free cash flow yield and the top 100 names are included in the index. At each quarterly rebalance, constituents are weighted based on their trailing twelve-month free cash flow with a 2% cap applied on any single security.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Health Technology
Technology Services
Stocks99.73%
Energy Minerals14.30%
Health Technology13.84%
Technology Services10.14%
Electronic Technology8.12%
Consumer Non-Durables7.60%
Producer Manufacturing7.41%
Consumer Services6.45%
Retail Trade6.33%
Transportation6.12%
Consumer Durables5.09%
Communications4.11%
Industrial Services3.05%
Non-Energy Minerals2.61%
Health Services2.21%
Utilities1.08%
Commercial Services0.78%
Process Industries0.49%
Bonds, Cash & Other0.27%
Cash0.27%
Stock breakdown by region
North America96.75%
Europe3.25%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
COWZ invests in stocks. The fund's major sectors are Energy Minerals, with 14.30% stocks, and Health Technology, with 13.84% of the basket. The assets are mostly located in the North America region.
COWZ top holdings are Uber Technologies, Inc. and Booking Holdings Inc., occupying 2.43% and 2.37% of the portfolio correspondingly.
COWZ last dividends amounted to 0.23 USD. The quarter before, the issuer paid 0.24 USD in dividends, which shows a 3.89% decrease.
COWZ assets under management is 21.63 B USD. It's risen 5.09% over the last month.
COWZ fund flows account for −812.50 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, COWZ pays dividends to its holders with the dividend yield of 1.89%. The last dividend (Mar 12, 2025) amounted to 0.23 USD. The dividends are paid quarterly.
COWZ shares are issued by Pacer Advisors, Inc. under the brand Pacer. The ETF was launched on Dec 16, 2016, and its management style is Passive.
COWZ expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
COWZ follows the Pacer US Cash Cows 100 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
COWZ invests in stocks.
COWZ price has risen by 7.72% over the last month, and its yearly performance shows a −3.58% decrease. See more dynamics on COWZ price chart.
NAV returns, another gauge of an ETF dynamics, showed a −6.40% decrease in three-month performance and has decreased by −0.51% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −6.40% decrease in three-month performance and has decreased by −0.51% in a year.
COWZ trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.