Data as of Oct 28, 2026.

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COWZ vs DIVB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, COWZ returned +24.4% to DIVB's +36.6%; 21% of their weight is in the same names.

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Net assets on Oct 27, 2026: $19.5bn for Pacer US Cash Cows 100 ETF and $2.2bn for iShares Core Dividend ETF.

At a glance
+24.4%
COWZ total return, 1 year
+36.6%
DIVB total return, 1 year
0.49%
COWZ expense ratio
0.05%
DIVB expense ratio

Pair scorecard

DIVB costs 0.44 points a year less; their one-year returns differ by 12.2 points; COWZ is 8.9 times larger.

COWZ vs DIVB: Differences, Returns & Fees
MeasureCOWZDIVB
Return
Total return, 1 year+24.4%+36.6%
Benchmark
What it tracksPacer US Cash Cows 100 IndexMorningstar US Dividend and Buyback Index
Cost and size
Expense ratio0.49%0.05%
Net assets, as of Oct 27, 2026$19.5bn$2.2bn
Holdings
Holdings in common21%
Top ten holdings, share of the fund20.4%32.6%

Holdings in common uses holdings dated Jul 31, 2026 and Oct 27, 2026. Method

Risk and return

Nov 17, 2017 to Oct 23, 2026 · 466 weekly returns
COWZ DIVB
Return
Total return edge DIVB +211.2% +252.9%
Annualized edge DIVB +13.5% +15.1%
Price return edge DIVB +159.3% +183.8%
Risk
Volatility edge DIVB 20.4% 18.1%
Max drawdown edge DIVB (slight) −36.3% −35.0%
Risk-adjusted
Sharpe edge DIVB 0.59 0.72
Sortino edge DIVB 0.84 1.02
Calmar edge DIVB 0.37 0.43
Reading

DIVB returned more: +252.9% to +211.2%. DIVB swung less: 18.1% to 20.4%. DIVB fell slightly less at its worst: −35.0% to −36.3%.

Full scorecard

9 measures, with how each is measured
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Risk and return: COWZ vs DIVB: Differences, Returns & Fees
MeasureCOWZDIVBEdgeHow it is measured
Return
Total return+211.2%+252.9%DIVBPrice change plus distributions, reinvested.
Annualized+13.5%+15.1%DIVBTotal return as a yearly rate.
Price return+159.3%+183.8%DIVBPrice change alone, distributions left out.
Risk
Volatility20.4%18.1%DIVBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation14.3%12.7%DIVBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−36.3%−35.0%DIVB (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.590.72DIVBReturn above Treasury bills per unit of volatility.
Sortino0.841.02DIVBReturn above Treasury bills per unit of downside deviation.
Calmar0.370.43DIVBAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 466 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

21%

By the books each fund has filed, COWZ and DIVB hold 21% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

21% in common

Positions both hold · largest shared weight first COWZ DIVB
Accenture PLC 1.78% 6.06%
Automatic Data Processing Inc 1.66% 5.06%
Pfizer Inc 1.84% 1.38%
HP Inc 1.21% 2.23%
Altria Group Inc 1.81% 1.07%
Verizon Communications Inc 1.97% 1.01%
HCA Healthcare Inc 2.07% 0.94%
AT&T Inc 1.95% 0.80%
Cognizant Technology Solutions 0.77% 3.07%
Gilead Sciences Inc 1.93% 0.74%
Paychex Inc 0.70% 2.05%
Comcast Corp 1.92% 0.66%
Only in one fund ↓
Only in COWZ
Booking Holdings Inc 2.23%
Intuit Inc 2.04%
Adobe Inc 1.91%
Uber Technologies Inc 1.90%
Salesforce Inc 1.90%
Newmont Corp 1.80%
McKesson Corp 1.79%
Expedia Group Inc 1.58%
Only in DIVB
INTERNATIONAL BUSINESS MACHINES CO 5.12%
EXXONMOBIL HOLDINGS CORP 2.69%
JPMORGAN CHASE & CO 2.40%
JOHNSON & JOHNSON 2.04%
ABBVIE 1.92%
CHEVRON 1.88%
PROCTER & GAMBLE 1.70%
UNITEDHEALTH GROUP 1.50%
Check overlap with more funds →

Side by side

COWZ Pacer US Cash Cows 100 ETF DIVB iShares Core Dividend ETF
Where it sits Stock ETF Stock ETF
Issuer Pacer iShares
What it is Tracks an index of US Cash Cows 100 Tracks an index
Total return, 1 year +24.4% +36.6%
Expense ratio 0.49% 0.05%
Already in the S&P 500 94.7% 89.6%
Holdings 100 382
Net assets, as of Oct 27, 2026 $19.5bn $2.2bn

COWZ and DIVB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-2A7B21DF4C

COWZ and DIVB are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. COWZ follows Pacer US Cash Cows 100 Index and DIVB follows Morningstar US Dividend and Buyback Index.
  2. Holdings in common. 21% of the weight is in the same securities (holdings dated Jul 31, 2026 and Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 COWZ returned +24.4% and DIVB +36.6% with distributions reinvested, a gap of 12.2 points.

Data as of Oct 28, 2026.

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About each fund
COWZ

COWZ tracks an index of US Cash Cows 100. Over the year to Oct 28, 2026 it returned +24.4% with distributions reinvested. The prospectus expense ratio is 0.49% a year. By its holdings filed for Jul 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 20.4%.

DIVB

DIVB tracks an index. Over the year to Oct 28, 2026 it returned +36.6% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 382 positions, with the top ten at 32.6%.

Questions people ask

Which returned more over the last year, COWZ or DIVB?
In the year to Oct 28, 2026, with distributions reinvested, COWZ returned +24.4% and DIVB +36.6%.
Which is cheaper, COWZ or DIVB?
DIVB is cheaper, by 0.44 percentage points a year. That is about $44 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWZ and DIVB overlap with the S&P 500?
By their latest filed holdings, 95% of COWZ and 90% of DIVB by weight is stocks the S&P 500 already holds.
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ETFIQ, COWZ against DIVB, data as of Oct 28, 2026. https://etfiq.com/compare/any/cowz-vs-divb

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