COWG vs IVOO: Differences, Returns & Fees

COWG and IVOO hold 8% of their weight in the same names, and IVOO returned +13.6% over the year. Net assets: $2.4bn on Oct 2, 2026 for Pacer US Large Cap Cash Cows Growth Leaders ETF, and $3.7bn on Sep 30, 2026 for Vanguard S&P Mid-Cap 400 ETF.

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Answers cite the figures on this page.

IVOO costs 0.42 points a year less; their one-year returns differ by 1.4 points.

COWG vs IVOO: Differences, Returns & Fees
COWGIVOO
Expense ratio0.49%0.07%
Net assets, COWG as of Oct 2, 2026 and IVOO as of Sep 30, 2026$2.4bn$3.7bn
Total return, 1 year+12.2%+13.6%
What it tracksPacer US Large Cap Cash Cows Growth Leaders IndexS&P MidCap 400 Index
Holdings in common8%
Top ten holdings, share of the fund28.4%7.8%
Below its high3.5%, high on Oct 9, 20266.7%, high on Aug 14, 2026

Holdings in common uses holdings dated Jul 31, 2026 and Sep 30, 2026.

+12.2%
COWG total return, 1 year
+13.6%
IVOO total return, 1 year
0.49%
COWG expense ratio
0.07%
IVOO expense ratio

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Client brief · page 1 of 2Report BR-91C4EC6CBA

COWG and IVOO are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. COWG follows Pacer US Large Cap Cash Cows Growth Leaders Index and IVOO follows S&P MidCap 400 Index.
  2. Holdings in common. 8% of the weight is in the same securities (holdings dated Jul 31, 2026 and Sep 30, 2026).
  3. Number of holdings. COWG holds 100 positions and IVOO holds 402.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, COWG and IVOO hold 8% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Sep 30, 2026.

half

8% in common

Positions both hold, largest shared weight first
Holding COWG IVOO
Okta Inc 2.12% 1.02%
United Therapeutics Corp 0.92% 0.68%
Nutanix Inc 0.94% 0.56%
Dynatrace Inc 0.68% 0.49%
Jazz Pharmaceuticals PLC 1.45% 0.44%
Exelixis Inc 0.97% 0.42%
Neurocrine Biosciences Inc 0.78% 0.42%
Medpace Holdings Inc 0.60% 0.41%
Docusign Inc 0.55% 0.38%
Halozyme Therapeutics Inc 0.72% 0.37%
Graco Inc 0.65% 0.36%
DT Midstream Inc 0.96% 0.36%
Only in COWG
Western Digital Corp 4.53%
Iridium Communications Inc 4.25%
Sandisk Corp 3.32%
Astera Labs Inc 3.03%
Lam Research Corp 2.71%
Fortinet Inc 2.36%
Datadog Inc 2.05%
Palo Alto Networks Inc 2.03%
Only in IVOO
Twilio Inc 1.32%
TechnipFMC PLC 0.78%
nVent Electric PLC 0.76%
ATI Inc 0.76%
Entegris Inc 0.69%
XPO Inc 0.60%
Tenet Healthcare Corp 0.60%
TD SYNNEX Corp 0.60%

Check overlap with more funds →

On the same fields

COWG
Pacer US Large Cap Cash Cows Growth Leaders ETF
IVOO
Vanguard S&P Mid-Cap 400 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +12.2% +13.6%
Its benchmark over the same days +15.1% (IWB) +13.4% (IJH)
Gap to its benchmark −2.8 pts vs IWB +0.1 pts vs IJH
Expense ratio 0.49% 0.07%
Already in the S&P 500 65.3% 1.6%
Holdings 100 402
Net assets, COWG as of Oct 2, 2026 and IVOO as of Sep 30, 2026 $2.4bn $3.7bn

COWG and IVOO on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About COWG

COWG tracks an index. The prospectus expense ratio is 0.49% a year. By its holdings filed for Jul 31, 2026, 65% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 28.4%. It sat 3.5% below its high of Oct 9, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +12.2% with distributions reinvested, against +15.1% for its benchmark, the Russell 1000 Index.

About IVOO

IVOO tracks an index. Over the year to Oct 20, 2026 it returned +13.6% with distributions reinvested, against +13.4% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer as of Sep 30, 2026, 2% of the fund by weight is stocks the S&P 500 also holds, across 402 positions, with the top ten at 7.8%. It sat 6.7% below its high of Aug 14, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, COWG or IVOO?
In the year to Oct 20, 2026, with distributions reinvested, COWG returned +12.2% and IVOO +13.6%.
Which is cheaper, COWG or IVOO?
IVOO is cheaper, by 0.42 percentage points a year. That is about $42 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWG and IVOO overlap with the S&P 500?
By their latest filed holdings, 65% of COWG and 2% of IVOO by weight is stocks the S&P 500 already holds.
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ETFIQ, COWG against IVOO, data as of Oct 20, 2026. https://etfiq.com/compare/any/cowg-vs-ivoo

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Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.