Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
COWZ vs JAAA: how they differ
COWZ and JAAA hold 0% of their weight in the same names, and COWZ returned more over the year.
Pacer US Cash Cows 100 ETF and Janus Henderson AAA CLO ETF.
What they hold in common
By the books each fund has filed, COWZ and JAAA hold 0% of their money in the same securities at the same weight.
| Only in COWZ | Only in JAAA |
|---|---|
| QUALCOMM Inc 2.67% | KKR CLO 35 Ltd. 0.96% |
| Altria Group Inc 2.21% | AB BSL CLO 1 Ltd. 0.88% |
| ConocoPhillips 2.17% | Anchorage Capital CLO 16 Ltd. 0.82% |
| CVS Health Corp 2.16% | Anchorage Capital CLO 17 Ltd. 0.80% |
| Bristol-Myers Squibb Co 2.03% | Carlyle US CLO Ltd. 0.70% |
| Ford Motor Co 2.01% | Carlyle US CLO Ltd. 0.67% |
| Uber Technologies Inc 2.01% | Regatta XIX Funding Ltd. 0.67% |
| Pfizer Inc 2.00% | Magnetite XXXII Ltd. 0.67% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.
| COWZ Pacer US Cash Cows 100 ETF | JAAA Janus Henderson AAA CLO ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Pacer | Janus |
| What it is | US Cash Cows 100 | Henderson AAA CLO |
| Total return, 1 year | +23.4% | +4.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.9 pts | −12.6 pts |
| Expense ratio | 0.49% | 0.20% |
| Already in the S&P 500 | 95.8% | 0.0% |
| Holdings | 100 | 600 |
COWZ in plain words
COWZ is an index equity fund tracking the US Cash Cows 100. Over the year to Sep 11, 2026 it returned +23.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.49% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 21.2%. It sat 3.2% below its high of Sep 3, 2026 on Sep 11, 2026.
JAAA in plain words
JAAA is an index equity fund tracking the Henderson AAA CLO. Over the year to Sep 11, 2026 it returned +4.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 600 positions, with the top ten at 7.5%.
Questions people ask
- Which returned more over the last year, COWZ or JAAA?
- In the year to Sep 12, 2026, with distributions reinvested, COWZ returned +23.4% and JAAA returned +4.9%, so COWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, COWZ or JAAA?
- COWZ charges 0.49% a year and JAAA charges 0.20%, so JAAA is cheaper. Fees come from each fund's prospectus.
- How much do COWZ and JAAA overlap with the S&P 500?
- By their latest filed holdings, 96% of COWZ and 0% of JAAA by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, COWZ against JAAA, data as of Sep 12, 2026. https://etfiq.com/compare/any/COWZ-JAAA Free to use with attribution; the underlying files are at Open data.
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