COWG vs MOAT: Differences, Returns & Fees

COWG and MOAT hold 7% of their weight in the same names, and COWG returned +12.2% over the year. Net assets: $2.4bn on Oct 2, 2026 for Pacer US Large Cap Cash Cows Growth Leaders ETF, and $11.6bn on Oct 19, 2026 for VanEck Morningstar Wide Moat ETF.

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Answers cite the figures on this page.

MOAT costs 0.03 points a year less; their one-year returns differ by 0.6 points; MOAT is 4.8 times larger.

COWG vs MOAT: Differences, Returns & Fees
COWGMOAT
Expense ratio0.49%0.46%
Net assets, as of Oct 2, 2026$2.4bn$11.3bn
Total return, 1 year+12.2%+11.6%
What it tracksPacer US Large Cap Cash Cows Growth Leaders IndexMorningstar Wide Moat Focus Index
Holdings in common7%
Top ten holdings, share of the fund28.4%26.6%
Below its high3.5%, high on Oct 9, 2026

Holdings in common uses holdings dated Jul 31, 2026 and Oct 19, 2026.

+12.2%
COWG total return, 1 year
+11.6%
MOAT total return, 1 year
0.49%
COWG expense ratio
0.46%
MOAT expense ratio

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Client brief · page 1 of 2Report BR-AB75215EEA

COWG and MOAT 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 MOAT follows Morningstar Wide Moat Focus Index.
  2. Holdings in common. 7% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 19, 2026).
  3. Size. COWG has $2.4bn in net assets and MOAT $11.3bn (net assets, as of Oct 2, 2026); MOAT is 4.7 times larger.

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 MOAT hold 7% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 19, 2026.

half

7% in common

Positions both hold, largest shared weight first
Holding COWG MOAT
Bristol-Myers Squibb Co 1.15% 1.24%
Airbnb Inc 1.09% 1.52%
NVIDIA Corp 1.05% 2.39%
Broadcom Inc 0.91% 2.15%
Synopsys Inc 0.80% 1.44%
Veeva Systems Inc 0.54% 2.21%
Copart Inc 0.50% 2.06%
Autodesk Inc 0.49% 1.38%
Fair Isaac Corp 0.43% 1.81%
Tyler Technologies Inc 0.42% 2.62%
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%
Okta Inc 2.12%
Datadog Inc 2.05%
Only in MOAT
Microsoft Corp 2.85%
Meta Platforms Inc 2.84%
Danaher Corp 2.78%
Estee Lauder Cos Inc 2.73%
Broadridge Financial Solutions Inc 2.64%
Brown-Forman Corp 2.56%
Ge Healthcare Technologies Inc 2.52%
Kenvue Inc 2.51%

Check overlap with more funds →

On the same fields

COWG
Pacer US Large Cap Cash Cows Growth Leaders ETF
MOAT
VanEck Morningstar Wide Moat ETF
Where it sits Stock ETF Stock ETF
Issuer Pacer VanEck
What it is Tracks an index Tracks the Morningstar Wide Moat
Total return, 1 year +12.2% +11.6%
Its benchmark over the same days +15.1% (IWB) +15.9% (VOO)
Gap to its benchmark −2.8 pts vs IWB −4.3 pts vs VOO
Expense ratio 0.49% 0.46%
Already in the S&P 500 65.3% 91.6%
Holdings 100 54
Net assets, COWG as of Oct 2, 2026 and MOAT as of Oct 19, 2026 $2.4bn $11.6bn

COWG and MOAT 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 MOAT

MOAT tracks the Morningstar Wide Moat. Over the year to Oct 20, 2026 it returned +11.6% with distributions reinvested, against +15.9% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.46% a year. By its holdings published by its issuer for Oct 19, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 54 positions, with the top ten at 26.6%.

Questions people ask

Which returned more over the last year, COWG or MOAT?
In the year to Oct 20, 2026, with distributions reinvested, COWG returned +12.2% and MOAT +11.6%.
Which is cheaper, COWG or MOAT?
MOAT is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWG and MOAT overlap with the S&P 500?
By their latest filed holdings, 65% of COWG and 92% of MOAT by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, COWG against MOAT, data as of Oct 20, 2026. https://etfiq.com/compare/any/cowg-vs-moat

Open data

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