Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
COWZ vs MDY: how they differ
COWZ and MDY hold 2% of their weight in the same names, and COWZ returned more over the year.
Pacer US Cash Cows 100 ETF and SPDR S&P MidCap 400 ETF Trust.
What they hold in common
By the books each fund has filed, COWZ and MDY hold 2% of their money in the same securities at the same weight.
| Holding | COWZ | MDY |
|---|---|---|
| TechnipFMC PLC | 0.58% | 0.73% |
| Tenet Healthcare Corp | 0.63% | 0.45% |
| United Therapeutics Corp | 0.41% | 0.64% |
| Twilio Inc | 0.36% | 0.86% |
| Illumina Inc | 0.31% | 0.73% |
| Only in COWZ | Only in MDY |
|---|---|
| QUALCOMM Inc 2.67% | CARPENTER TECHNOLOGY CORP 0.85% |
| Altria Group Inc 2.21% | MKS INC 0.83% |
| ConocoPhillips 2.17% | CURTISS-WRIGHT CORP 0.77% |
| CVS Health Corp 2.16% | ENTEGRIS INC 0.76% |
| Bristol-Myers Squibb Co 2.03% | NVENT ELECTRIC PLC 0.76% |
| Ford Motor Co 2.01% | ATI INC 0.74% |
| Uber Technologies Inc 2.01% | STERLING INFRASTRUCTURE INC 0.71% |
| Pfizer Inc 2.00% | MASTEC INC 0.71% |
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 and Jun 30, 2026.
| COWZ Pacer US Cash Cows 100 ETF | MDY SPDR S&P MidCap 400 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Pacer | State Street |
| What it is | US Cash Cows 100 | S&P MidCap 400, book from IJH |
| Total return, 1 year | +23.4% | +13.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.9 pts | −4.5 pts |
| Expense ratio | 0.49% | 0.23% |
| Already in the S&P 500 | 95.8% | 0.0% |
| Holdings | 100 | 400 |
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.
MDY in plain words
MDY is an index equity fund tracking the S&P MidCap 400. Over the year to Sep 11, 2026 it returned +13.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.23% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 400 positions, with the top ten at 7.7%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, COWZ or MDY?
- In the year to Sep 12, 2026, with distributions reinvested, COWZ returned +23.4% and MDY returned +13.0%, so COWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, COWZ or MDY?
- COWZ charges 0.49% a year and MDY charges 0.23%, so MDY is cheaper. Fees come from each fund's prospectus.
- How much do COWZ and MDY overlap with the S&P 500?
- By their latest filed holdings, 96% of COWZ and 0% of MDY by weight is stocks the S&P 500 already holds. Between the two funds, 2% 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 MDY, data as of Sep 12, 2026. https://etfiq.com/compare/any/COWZ-MDY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources