COWG vs TMSL: Differences, Returns & Fees
COWG and TMSL hold 3% of their weight in the same names, and TMSL returned +16.9% over the year. Net assets: $2.4bn on Oct 2, 2026 for Pacer US Large Cap Cash Cows Growth Leaders ETF, and $3.1bn on Oct 20, 2026 for T. Rowe Price Small-Mid Cap ETF.
COWG costs 0.06 points a year less; their one-year returns differ by 4.7 points.
| COWG | TMSL | |
|---|---|---|
| Expense ratio | 0.49% | 0.55% |
| Net assets, COWG as of Oct 2, 2026 and TMSL as of Oct 20, 2026 | $2.4bn | $3.1bn |
| Total return, 1 year | +12.2% | +16.9% |
| What it tracks | Pacer US Large Cap Cash Cows Growth Leaders Index | No index, actively managed |
| Holdings in common | 3% | |
| Top ten holdings, share of the fund | 28.4% | 9.8% |
| Below its high | 3.5%, high on Oct 9, 2026 | 8.3%, high on Aug 14, 2026 |
Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026.
COWG and TMSL are built for the same job. How do they differ in cost, holdings and results?
- What each follows. COWG follows Pacer US Large Cap Cash Cows Growth Leaders Index and TMSL follows No index, actively managed.
- Holdings in common. 3% of the weight is in the same securities (holdings dated Jul 31, 2026 and Jun 30, 2026).
- One-year total return. Over 1 year to Oct 20, 2026 COWG returned +12.2% and TMSL +16.9% with distributions reinvested, a gap of 4.7 points.
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 TMSL hold 3% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
3% in common
On the same fields
COWG and TMSL 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 TMSL
TMSL is actively managed and tracks no index. The prospectus expense ratio is 0.55% a year. By its holdings filed for Jun 30, 2026, 15% of the fund by weight is stocks the S&P 500 also holds, across 297 positions, with the top ten at 9.8%. It sat 8.3% below its high of Aug 14, 2026 on Oct 20, 2026.
Over the year to Oct 20, 2026 it returned +16.9% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.
Questions people ask
- Which returned more over the last year, COWG or TMSL?
- In the year to Oct 20, 2026, with distributions reinvested, COWG returned +12.2% and TMSL +16.9%.
- Which is cheaper, COWG or TMSL?
- COWG is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, COWG against TMSL, data as of Oct 20, 2026. https://etfiq.com/compare/any/cowg-vs-tmsl
ETFIQ. (Oct 20, 2026). COWG against TMSL. Retrieved from https://etfiq.com/compare/any/cowg-vs-tmsl
[COWG against TMSL (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/cowg-vs-tmsl)
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