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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

COWZ vs XBI: how they differ

COWZ and XBI hold 3% of their weight in the same names, and XBI returned more over the year.

Pacer US Cash Cows 100 ETF and State Street(R) SPDR(R) S&P(R) Biotech ETF.

What they hold in common

By the books each fund has filed, COWZ and XBI hold 3% of their money in the same securities at the same weight.

Positions COWZ and XBI both hold, largest shared weight first
HoldingCOWZXBI
Gilead Sciences Inc1.84%0.97%
Regeneron Pharmaceuticals Inc1.17%0.96%
Biogen Inc0.67%1.03%
Incyte Corp0.44%1.00%
United Therapeutics Corp0.41%0.93%
Largest positions each one holds and the other does not
Only in COWZOnly in XBI
QUALCOMM Inc 2.67%Apogee Therapeutics Inc 1.49%
Altria Group Inc 2.21%Moderna Inc 1.41%
ConocoPhillips 2.17%Twist Bioscience Corp 1.41%
CVS Health Corp 2.16%Oruka Therapeutics Inc 1.38%
Bristol-Myers Squibb Co 2.03%Kymera Therapeutics Inc 1.36%
Ford Motor Co 2.01%Viking Therapeutics Inc 1.31%
Uber Technologies Inc 2.01%Praxis Precision Medicines Inc 1.29%
Pfizer Inc 2.00%Erasca Inc 1.27%

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 and XBI on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
COWZ
Pacer US Cash Cows 100 ETF
XBI
State Street(R) SPDR(R) S&P(R) Biotech ETF
Where it sitsCore index fundCore index fund
IssuerPacerState Street
What it isUS Cash Cows 100SPDR S&P Biotech
Total return, 1 year+23.4%+64.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+5.9 pts+46.5 pts
Expense ratio0.49%0.35%
Already in the S&P 50095.8%8.5%
Holdings100150

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.

XBI in plain words

XBI is an index equity fund tracking the SPDR S&P Biotech. Over the year to Sep 11, 2026 it returned +64.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 8% of the fund by weight is stocks the S&P 500 also holds, across 150 positions, with the top ten at 13.3%. It sat 9.6% below its high of Feb 8, 2021 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, COWZ or XBI?
In the year to Sep 12, 2026, with distributions reinvested, COWZ returned +23.4% and XBI returned +64.0%, so XBI returned more. One year is one year; the longer windows are in the table.
Which is cheaper, COWZ or XBI?
COWZ charges 0.49% a year and XBI charges 0.35%, so XBI is cheaper. Fees come from each fund's prospectus.
How much do COWZ and XBI overlap with the S&P 500?
By their latest filed holdings, 96% of COWZ and 8% of XBI by weight is stocks the S&P 500 already holds. Between the two funds, 3% 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.

COWZ against XBI, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, COWZ against XBI, data as of Sep 12, 2026. https://etfiq.com/compare/any/COWZ-XBI Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources