Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
COWZ vs SPY: how they differ
COWZ and SPY hold 7% of their weight in the same names, and COWZ returned more over the year.
Pacer US Cash Cows 100 ETF and SPDR S&P 500 ETF Trust.
What they hold in common
By the books each fund has filed, COWZ and SPY hold 7% of their money in the same securities at the same weight.
| Holding | COWZ | SPY |
|---|---|---|
| QUALCOMM Inc | 2.67% | 0.30% |
| Verizon Communications Inc | 1.90% | 0.27% |
| Gilead Sciences Inc | 1.84% | 0.24% |
| Uber Technologies Inc | 2.01% | 0.23% |
| AT&T Inc | 1.84% | 0.22% |
| Booking Holdings Inc | 1.87% | 0.21% |
| Pfizer Inc | 2.00% | 0.21% |
| CVS Health Corp | 2.16% | 0.20% |
| Salesforce Inc | 1.76% | 0.20% |
| ConocoPhillips | 2.17% | 0.20% |
| Altria Group Inc | 2.21% | 0.19% |
| Bristol-Myers Squibb Co | 2.03% | 0.18% |
| Only in COWZ | Only in SPY |
|---|---|
| Accenture PLC 1.68% | NVIDIA Corp. 7.52% |
| Zoom Communications Inc 0.80% | Apple, Inc. 6.59% |
| Coterra Energy Inc 0.63% | Microsoft Corp. 4.30% |
| Tenet Healthcare Corp 0.63% | Amazon.com, Inc. 3.62% |
| Flex Ltd 0.59% | Alphabet, Inc. 3.25% |
| TechnipFMC PLC 0.58% | Broadcom, Inc. 2.77% |
| SS&C Technologies Holdings Inc 0.44% | Alphabet, Inc. 2.59% |
| United Therapeutics Corp 0.41% | Micron Technology, Inc. 2.02% |
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 | SPY SPDR S&P 500 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Pacer | State Street |
| What it is | US Cash Cows 100 | S&P 500, book from IVV |
| Total return, 1 year | +23.4% | +17.5% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.9 pts | 0.0 pts |
| Expense ratio | 0.49% | 0.09% |
| Already in the S&P 500 | 95.8% | 100.0% |
| Holdings | 100 | 504 |
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.
SPY in plain words
SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.
Questions people ask
- Which returned more over the last year, COWZ or SPY?
- In the year to Sep 12, 2026, with distributions reinvested, COWZ returned +23.4% and SPY returned +17.5%, so COWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, COWZ or SPY?
- COWZ charges 0.49% a year and SPY charges 0.09%, so SPY is cheaper. Fees come from each fund's prospectus.
- How much do COWZ and SPY overlap with the S&P 500?
- By their latest filed holdings, 96% of COWZ and 100% of SPY by weight is stocks the S&P 500 already holds. Between the two funds, 7% 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 SPY, data as of Sep 12, 2026. https://etfiq.com/compare/any/COWZ-SPY Free to use with attribution; the underlying files are at Open data.
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