Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
COWZ vs USMV: how they differ
COWZ and USMV hold 18% of their weight in the same names, and COWZ returned more over the year.
Pacer US Cash Cows 100 ETF and iShares MSCI USA Min Vol Factor ETF.
What they hold in common
By the books each fund has filed, COWZ and USMV hold 18% of their money in the same securities at the same weight.
| Holding | COWZ | USMV |
|---|---|---|
| Verizon Communications Inc | 1.90% | 1.49% |
| McKesson Corp | 1.79% | 1.31% |
| Newmont Corp | 1.93% | 1.18% |
| T-Mobile US Inc | 1.78% | 1.17% |
| Cencora Inc | 1.03% | 1.28% |
| AT&T Inc | 1.84% | 0.99% |
| Colgate-Palmolive Co | 1.10% | 0.89% |
| Salesforce Inc | 1.76% | 0.88% |
| Gilead Sciences Inc | 1.84% | 0.82% |
| Roper Technologies Inc | 0.78% | 0.94% |
| Intuit Inc | 1.63% | 0.70% |
| Autodesk Inc | 0.72% | 0.67% |
| Only in COWZ | Only in USMV |
|---|---|
| Altria Group Inc 2.21% | CISCO SYSTEMS, INC. 1.81% |
| ConocoPhillips 2.17% | NVIDIA CORPORATION 1.64% |
| CVS Health Corp 2.16% | EXXON MOBIL CORPORATION 1.60% |
| Bristol-Myers Squibb Co 2.03% | MICROSOFT CORPORATION 1.56% |
| Ford Motor Co 2.01% | DUKE ENERGY CORPORATION 1.55% |
| Pfizer Inc 2.00% | THE SOUTHERN COMPANY 1.53% |
| Diamondback Energy Inc 1.99% | AMPHENOL CORPORATION 1.51% |
| Booking Holdings Inc 1.87% | Chubb Limited 1.50% |
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 | USMV iShares MSCI USA Min Vol Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Pacer | iShares |
| What it is | US Cash Cows 100 | MSCI USA Min Vol Factor |
| Total return, 1 year | +23.4% | +6.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.9 pts | −10.9 pts |
| Expense ratio | 0.49% | 0.15% |
| Already in the S&P 500 | 95.8% | 94.8% |
| Holdings | 100 | 170 |
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.
USMV in plain words
USMV is an index equity fund tracking the MSCI USA Min Vol Factor. Over the year to Sep 11, 2026 it returned +6.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Apr 30, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 170 positions, with the top ten at 15.7%.
Questions people ask
- Which returned more over the last year, COWZ or USMV?
- In the year to Sep 12, 2026, with distributions reinvested, COWZ returned +23.4% and USMV returned +6.6%, so COWZ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, COWZ or USMV?
- COWZ charges 0.49% a year and USMV charges 0.15%, so USMV is cheaper. Fees come from each fund's prospectus.
- How much do COWZ and USMV overlap with the S&P 500?
- By their latest filed holdings, 96% of COWZ and 95% of USMV by weight is stocks the S&P 500 already holds. Between the two funds, 18% 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 USMV, data as of Sep 12, 2026. https://etfiq.com/compare/any/COWZ-USMV Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources