COWG vs VFMO: Differences, Returns & Fees

COWG and VFMO hold 8% of their weight in the same names, and VFMO returned +13.2% over the year. Net assets: $2.4bn on Oct 2, 2026 for Pacer US Large Cap Cash Cows Growth Leaders ETF, and $1.9bn on Sep 30, 2026 for Vanguard U.S. Momentum Factor ETF.

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VFMO costs 0.36 points a year less; their one-year returns differ by 1.0 point.

COWG vs VFMO: Differences, Returns & Fees
COWGVFMO
Expense ratio0.49%0.13%
Net assets, COWG as of Oct 2, 2026 and VFMO as of Sep 30, 2026$2.4bn$1.9bn
Total return, 1 year+12.2%+13.2%
What it tracksPacer US Large Cap Cash Cows Growth Leaders IndexNo index, actively managed
Holdings in common8%
Top ten holdings, share of the fund28.4%9.5%
Below its high3.5%, high on Oct 9, 202611.5%, high on Jun 30, 2026

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

+12.2%
COWG total return, 1 year
+13.2%
VFMO total return, 1 year
0.49%
COWG expense ratio
0.13%
VFMO expense ratio

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Client brief · page 1 of 2Report BR-18AAEB3B42

COWG and VFMO 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 VFMO follows No index, actively managed.
  2. Holdings in common. 8% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 31, 2026).
  3. Number of holdings. COWG holds 100 positions and VFMO holds 704.

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 VFMO hold 8% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

half

8% in common

Positions both hold, largest shared weight first
Holding COWG VFMO
Western Digital Corp 4.53% 0.89%
KLA Corp 1.87% 0.86%
Lam Research Corp 2.71% 0.82%
Newmont Corp 1.04% 0.62%
Analog Devices Inc 1.67% 0.44%
Southern Copper Corp 1.68% 0.43%
Sandisk Corp 3.32% 0.37%
Jazz Pharmaceuticals PLC 1.45% 0.25%
United Therapeutics Corp 0.92% 0.23%
Ubiquiti Inc 0.69% 0.21%
DT Midstream Inc 0.96% 0.20%
Gilead Sciences Inc 0.82% 0.20%
Only in COWG
Iridium Communications Inc 4.25%
Fortinet Inc 2.36%
Okta Inc 2.12%
Datadog Inc 2.05%
Palo Alto Networks Inc 2.03%
F5 Inc 1.96%
NetApp Inc 1.95%
Crowdstrike Holdings Inc 1.78%
Only in VFMO
Micron Technology Inc 1.36%
Intel Corp 1.25%
Advanced Micro Devices Inc 1.12%
Alphabet Inc 0.87%
Applied Materials Inc 0.82%
Corning Inc 0.77%
Vertiv Holdings Co 0.76%
GE Vernova Inc 0.76%

Check overlap with more funds →

On the same fields

COWG
Pacer US Large Cap Cash Cows Growth Leaders ETF
VFMO
Vanguard U.S. Momentum Factor ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Actively managed
Total return, 1 year +12.2% +13.2%
Its benchmark over the same days +15.1% (IWB) +15.0% (IWV)
Gap to its benchmark −2.8 pts vs IWB −1.9 pts vs IWV
Expense ratio 0.49% 0.13%
Already in the S&P 500 65.3% 43.4%
Holdings 100 704
Net assets, COWG as of Oct 2, 2026 and VFMO as of Sep 30, 2026 $2.4bn $1.9bn

COWG and VFMO 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 VFMO

VFMO is actively managed and tracks no index. The prospectus expense ratio is 0.13% a year. By its holdings filed for May 31, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 704 positions, with the top ten at 9.5%. It sat 11.5% below its high of Jun 30, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +13.2% 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 VFMO?
In the year to Oct 20, 2026, with distributions reinvested, COWG returned +12.2% and VFMO +13.2%.
Which is cheaper, COWG or VFMO?
VFMO is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWG and VFMO overlap with the S&P 500?
By their latest filed holdings, 65% of COWG and 43% of VFMO by weight is stocks the S&P 500 already holds.
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ETFIQ, COWG against VFMO, data as of Oct 20, 2026. https://etfiq.com/compare/any/cowg-vs-vfmo

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