COWG vs XMMO: Differences, Returns & Fees

COWG and XMMO hold 3% 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 $6.8bn on Oct 20, 2026 for Invesco S&P MidCap Momentum ETF.

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Answers cite the figures on this page.

XMMO costs 0.15 points a year less; their one-year returns differ by 7.6 points; XMMO is 3.1 times larger.

COWG vs XMMO: Differences, Returns & Fees
COWGXMMO
Expense ratio0.49%0.34%
Net assets, as of Oct 2, 2026$2.4bn$7.2bn
Total return, 1 year+12.2%+4.6%
What it tracksPacer US Large Cap Cash Cows Growth Leaders IndexS&P MidCap 400 Momentum Index
Holdings in common3%
Top ten holdings, share of the fund28.4%29.4%
Below its high3.5%, high on Oct 9, 202619.0%, high on Jun 22, 2026

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

+12.2%
COWG total return, 1 year
+4.6%
XMMO total return, 1 year
0.49%
COWG expense ratio
0.34%
XMMO expense ratio

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Client brief · page 1 of 2Report BR-AC6C95E3AD

COWG and XMMO 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 XMMO follows S&P MidCap 400 Momentum Index.
  2. Holdings in common. 3% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 19, 2026).
  3. One-year total return. Over 1 year to Oct 20, 2026 COWG returned +12.2% and XMMO +4.6% with distributions reinvested, a gap of 7.6 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 XMMO hold 3% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 19, 2026.

half

3% in common

Positions both hold, largest shared weight first
Holding COWG XMMO
Jazz Pharmaceuticals PLC 1.45% 2.17%
DT Midstream Inc 0.96% 1.23%
United Therapeutics Corp 0.92% 2.36%
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 XMMO
TechnipFMC PLC 4.31%
ATI Inc 4.17%
Roivant Sciences Ltd 3.57%
HF Sinclair Corp 3.02%
nVent Electric PLC 2.56%
TD SYNNEX Corp 2.55%
MKS Inc 2.52%
Carpenter Technology Corp 2.14%

Check overlap with more funds →

On the same fields

COWG
Pacer US Large Cap Cash Cows Growth Leaders ETF
XMMO
Invesco S&P MidCap Momentum ETF
Where it sits Stock ETF Stock ETF
Issuer Pacer Invesco
What it is Tracks an index Tracks an index
Total return, 1 year +12.2% +4.6%
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% 0.34%
Already in the S&P 500 65.3% 0.0%
Holdings 100 79
Net assets, COWG as of Oct 2, 2026 and XMMO as of Oct 20, 2026 $2.4bn $6.8bn

COWG and XMMO 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 XMMO

XMMO tracks an index. Over the year to Oct 20, 2026 it returned +4.6% with distributions reinvested. The prospectus expense ratio is 0.34% a year. By its holdings published by its issuer for Oct 19, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 79 positions, with the top ten at 29.4%. It sat 19.0% below its high of Jun 22, 2026 on Oct 20, 2026.

Questions people ask

Which returned more over the last year, COWG or XMMO?
In the year to Oct 20, 2026, with distributions reinvested, COWG returned +12.2% and XMMO +4.6%.
Which is cheaper, COWG or XMMO?
XMMO is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWG and XMMO overlap with the S&P 500?
By their latest filed holdings, 65% of COWG and 0% of XMMO by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

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

Open data

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