COWG vs VFLO: Differences, Returns & Fees

COWG and VFLO hold 18% of their weight in the same names, and VFLO returned +47.4% over the year. Net assets: $2.4bn on Oct 2, 2026 for Pacer US Large Cap Cash Cows Growth Leaders ETF, and $7.8bn on Jun 30, 2026 for VictoryShares Free Cash Flow ETF.

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Answers cite the figures on this page.

VFLO costs 0.10 points a year less; their one-year returns differ by 35.2 points.

COWG vs VFLO: Differences, Returns & Fees
COWGVFLO
Expense ratio0.49%0.39%
Net assets, COWG as of Oct 2, 2026 and VFLO as of Jun 30, 2026$2.4bn$7.8bn
Total return, 1 year+12.2%+47.4%
What it tracksPacer US Large Cap Cash Cows Growth Leaders IndexVictory U.S. Large Cap Free Cash Flow Index
Holdings in common18%
Top ten holdings, share of the fund28.4%30.8%
Below its high3.5%, high on Oct 9, 2026

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

+12.2%
COWG total return, 1 year
+47.4%
VFLO total return, 1 year
0.49%
COWG expense ratio
0.39%
VFLO expense ratio

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Client brief · page 1 of 2Report BR-B6C5D6E8CC

COWG and VFLO 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 VFLO follows Victory U.S. Large Cap Free Cash Flow Index.
  2. Holdings in common. 18% of the weight is in the same securities (holdings dated Jul 31, 2026 and Jun 30, 2026).
  3. One-year total return. Over 1 year to Oct 20, 2026 COWG returned +12.2% and VFLO +47.4% with distributions reinvested, a gap of 35.2 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 VFLO hold 18% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

half

18% in common

Positions both hold, largest shared weight first
Holding COWG VFLO
Sandisk Corp 3.32% 3.02%
Jazz Pharmaceuticals PLC 1.45% 1.46%
Diamondback Energy Inc 1.26% 2.35%
Airbnb Inc 1.09% 2.12%
Newmont Corp 1.04% 3.01%
NetApp Inc 1.95% 1.04%
Zoom Communications Inc 1.02% 1.45%
Neurocrine Biosciences Inc 0.78% 1.04%
Expedia Group Inc 0.74% 3.41%
Incyte Corp 0.72% 1.74%
Gen Digital Inc 0.71% 1.25%
Paychex Inc 0.65% 1.14%
Only in COWG
Western Digital Corp 4.53%
Iridium Communications Inc 4.25%
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 VFLO
DEVON ENERGY CORPORATION 3.49%
COEUR MINING, INC. 3.02%
MERCK & CO., INC. 2.98%
EXXON MOBIL CORPORATION 2.76%
ACCENTURE PUBLIC LIMITED COMPANY 2.73%
UBER TECHNOLOGIES, INC. 2.67%
THE CIGNA GROUP 2.66%
TENET HEALTHCARE CORPORATION 2.37%

Check overlap with more funds →

On the same fields

COWG
Pacer US Large Cap Cash Cows Growth Leaders ETF
VFLO
VictoryShares Free Cash Flow ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index
Total return, 1 year +12.2% +47.4%
Its benchmark over the same days +15.1% (IWB) not measured
Gap to its benchmark −2.8 pts vs IWB not measured
Expense ratio 0.49% 0.39%
Already in the S&P 500 65.3% 83.8%
Holdings 100 50
Net assets, COWG as of Oct 2, 2026 and VFLO as of Jun 30, 2026 $2.4bn $7.8bn

COWG and VFLO 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 VFLO

VFLO tracks an index. Over the year to Oct 20, 2026 it returned +47.4% with distributions reinvested. The prospectus expense ratio is 0.39% a year. By its holdings filed for Jun 30, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 50 positions, with the top ten at 30.8%.

Questions people ask

Which returned more over the last year, COWG or VFLO?
In the year to Oct 20, 2026, with distributions reinvested, COWG returned +12.2% and VFLO +47.4%.
Which is cheaper, COWG or VFLO?
VFLO is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWG and VFLO overlap with the S&P 500?
By their latest filed holdings, 65% of COWG and 84% of VFLO by weight is stocks the S&P 500 already holds.
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ETFIQ, COWG against VFLO, data as of Oct 20, 2026. https://etfiq.com/compare/any/cowg-vs-vflo

Open data

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