Data as of Nov 4, 2026.

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COWG vs SMMD: Differences, Returns & Fees

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Over the year to Nov 4, 2026, COWG returned +10.7% to SMMD's +22.4%; 5% of their weight is in the same names.

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Net assets on Nov 3, 2026: $2.3bn for Pacer US Large Cap Cash Cows Growth Leaders ETF and $4.2bn for iShares Russell 2500 ETF.

At a glance
+10.7%
COWG total return, 1 year
+22.4%
SMMD total return, 1 year
0.49%
COWG expense ratio
0.15%
SMMD expense ratio

Pair scorecard

SMMD costs 0.34 points a year less; their one-year returns differ by 11.7 points; SMMD is 1.8 times larger.

COWG vs SMMD: Differences, Returns & Fees
MeasureCOWGSMMD
Return
Total return, 1 year+10.7%+22.4%
Drawdown
Below its high5.7%, high on Oct 9, 20265.3%, high on Aug 14, 2026
Benchmark
What it tracksPacer US Large Cap Cash Cows Growth Leaders IndexRussell 2500 Index
Cost and size
Expense ratio0.49%0.15%
Net assets, as of Nov 3, 2026$2.3bn$4.2bn
Holdings
Holdings in common5%
Top ten holdings, share of the fund28.4%43.4%

Method

What they share

5%

By the books each fund has filed, COWG and SMMD hold 5% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

0 half 100%

half

5% in common

Positions both hold · largest shared weight first COWG SMMD
F5 Inc 1.96% 0.26%
Exelixis Inc 0.97% 0.25%
Nordson Corp 1.16% 0.24%
Nutanix Inc 0.94% 0.24%
Neurocrine Biosciences Inc 0.78% 0.23%
Docusign Inc 0.55% 0.22%
Gen Digital Inc 0.71% 0.22%
Halozyme Therapeutics Inc 0.72% 0.21%
Medpace Holdings Inc 0.60% 0.21%
GoDaddy Inc 0.42% 0.20%
Manhattan Associates Inc 0.70% 0.20%
Dynatrace Inc 0.68% 0.19%
Only in one fund ↓
Only in COWG
Western Digital Corp 4.53%
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%
Palo Alto Networks Inc 2.03%
Only in SMMD
ISHARES RUSSELL 2000 ETF 40.62%
ATI 0.34%
GUARDANT HEALTH 0.31%
PACKAGING CORP OF AMERICA 0.31%
RELIANCE STEEL & ALUMINUM 0.31%
US FOODS HOLDING 0.31%
VIATRIS 0.31%
NISOURCE 0.30%
Check overlap with more funds →

Side by side

COWG Pacer US Large Cap Cash Cows Growth Leaders ETF SMMD iShares Russell 2500 ETF
Where it sits Stock ETF Stock ETF
Issuer Pacer iShares
What it is Tracks an index Tracks an index
Total return, 1 year +10.7% +22.4%
Its benchmark over the same days +14.5% (IWB) +14.8% (IWV)
Gap to its benchmark −3.8 pts vs IWB +7.6 pts vs IWV
Expense ratio 0.49% 0.15%
Already in the S&P 500 65.3% 10.3%
Holdings 100 516
Net assets, as of Nov 3, 2026 $2.3bn $4.2bn

COWG and SMMD on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund
COWG

Over the year to Nov 4, 2026 it returned +10.7% with distributions reinvested, against +14.5% for its benchmark, the Russell 1000 Index.

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 5.7% below its high of Oct 9, 2026 on Nov 4, 2026.

SMMD

Over the year to Nov 4, 2026 it returned +22.4% with distributions reinvested, against +14.8% for its benchmark, the Russell 3000 Index.

SMMD tracks an index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Nov 3, 2026, 10% of the fund by weight is stocks the S&P 500 also holds, across 516 positions, with the top ten at 43.4%. It sat 5.3% below its high of Aug 14, 2026 on Nov 4, 2026.

Questions people ask

Which returned more over the last year, COWG or SMMD?
In the year to Nov 4, 2026, with distributions reinvested, COWG returned +10.7% and SMMD +22.4%.
Which is cheaper, COWG or SMMD?
SMMD is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWG and SMMD overlap with the S&P 500?
By their latest filed holdings, 65% of COWG and 10% of SMMD by weight is stocks the S&P 500 already holds.
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ETFIQ, COWG against SMMD, data as of Nov 4, 2026. https://etfiq.com/compare/any/cowg-vs-smmd

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