Data as of Oct 28, 2026.

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COWZ vs FNDX: Differences, Returns & Fees

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Over the year to Oct 28, 2026, COWZ returned +24.4% to FNDX's +23.9%; 15% of their weight is in the same names.

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Net assets: $19.5bn on Oct 27, 2026 for Pacer US Cash Cows 100 ETF, and $27.6bn on Aug 31, 2026 for Schwab Fundamental U.S. Large Company ETF.

At a glance
+24.4%
COWZ total return, 1 year
+23.9%
FNDX total return, 1 year
0.49%
COWZ expense ratio
0.25%
FNDX expense ratio

Pair scorecard

FNDX costs 0.24 points a year less; their one-year returns differ by 0.5 points.

COWZ vs FNDX: Differences, Returns & Fees
MeasureCOWZFNDX
Return
Total return, 1 year+24.4%+23.9%
Benchmark
What it tracksPacer US Cash Cows 100 IndexFundamental U.S. Large Company
Cost and size
Expense ratio0.49%0.25%
Net assets, COWZ as of Oct 27, 2026 and FNDX as of Aug 31, 2026$19.5bn$27.6bn
Holdings
Holdings in common15%
Top ten holdings, share of the fund20.4%21.0%

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

Risk and return

Dec 30, 2016 to Oct 23, 2026 · 512 weekly returns
COWZ FNDX
Return
Total return edge FNDX (slight) +251.9% +265.7%
Annualized edge FNDX (slight) +13.6% +14.1%
Price return edge FNDX (slight) +188.5% +199.7%
Risk
Volatility edge FNDX 19.6% 17.1%
Max drawdown edge FNDX (slight) −36.3% −35.2%
Risk-adjusted
Sharpe edge FNDX 0.62 0.71
Sortino edge FNDX 0.89 1.00
Calmar edge FNDX (slight) 0.38 0.40
Reading

FNDX returned slightly more: +265.7% to +251.9%. FNDX swung less: 17.1% to 19.6%. FNDX fell slightly less at its worst: −35.2% to −36.3%.

Full scorecard

9 measures, with how each is measured
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Risk and return: COWZ vs FNDX: Differences, Returns & Fees
MeasureCOWZFNDXEdgeHow it is measured
Return
Total return+251.9%+265.7%FNDX (slight)Price change plus distributions, reinvested.
Annualized+13.6%+14.1%FNDX (slight)Total return as a yearly rate.
Price return+188.5%+199.7%FNDX (slight)Price change alone, distributions left out.
Risk
Volatility19.6%17.1%FNDXSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.8%12.2%FNDXLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−36.3%−35.2%FNDX (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.620.71FNDXReturn above Treasury bills per unit of volatility.
Sortino0.891.00FNDXReturn above Treasury bills per unit of downside deviation.
Calmar0.380.40FNDX (slight)Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 512 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

15%

By the books each fund has filed, COWZ and FNDX hold 15% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

0 half 100%

half

15% in common

Positions both hold · largest shared weight first COWZ FNDX
Verizon Communications Inc 1.97% 1.01%
Valero Energy Corp 1.68% 0.91%
AT&T Inc 1.95% 0.82%
Marathon Petroleum Corp 2.06% 0.80%
Pfizer Inc 1.84% 0.75%
Comcast Corp 1.92% 0.60%
Bristol-Myers Squibb Co 2.18% 0.59%
Ford Motor Co 1.88% 0.47%
QUALCOMM Inc 1.31% 0.34%
Gilead Sciences Inc 1.93% 0.33%
EOG Resources Inc 1.28% 0.33%
Lowe's Cos Inc 1.89% 0.32%
Only in one fund ↓
Only in COWZ
Anglogold Ashanti Plc 1.13%
United Airlines Holdings Inc 1.10%
Veeva Systems Inc 0.58%
Dexcom Inc 0.49%
Atlassian Corp 0.39%
Okta Inc 0.32%
Zscaler Inc 0.31%
Expeditors International of Wa 0.29%
Only in FNDX
Apple Inc 4.46%
Microsoft Corp 2.82%
ExxonMobil Holdings Corp 2.42%
Amazon.com Inc 1.80%
Alphabet Inc 1.78%
JPMorgan Chase & Co 1.63%
Chevron Corp 1.61%
Berkshire Hathaway Inc 1.60%
Check overlap with more funds →

Side by side

COWZ Pacer US Cash Cows 100 ETF FNDX Schwab Fundamental U.S. Large Company ETF
Where it sits Stock ETF Stock ETF
Issuer Pacer Schwab
What it is Tracks an index of US Cash Cows 100 Tracks an index of Fundamental U.S. Large Company
Total return, 1 year +24.4% +23.9%
Its benchmark over the same days not measured +13.1% (IWB)
Gap to its benchmark not measured +10.8 pts vs IWB
Expense ratio 0.49% 0.25%
Already in the S&P 500 94.7% 88.4%
Holdings 100 731
Net assets, COWZ as of Oct 27, 2026 and FNDX as of Aug 31, 2026 $19.5bn $27.6bn

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

Client brief · page 1 of 2 Report BR-81FE16DD7C

COWZ and FNDX do different jobs. What does each one do in a portfolio?

  1. What each follows. COWZ follows Pacer US Cash Cows 100 Index and FNDX follows Fundamental U.S. Large Company.
  2. Holdings in common. 15% of the weight is in the same securities (holdings dated Jul 31, 2026 and Aug 31, 2026).
  3. Number of holdings. COWZ holds 100 positions and FNDX holds 731.

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%.

FNDX

Over the year to Oct 28, 2026 it returned +23.9% with distributions reinvested, against +13.1% for its benchmark, the Russell 1000 Index.

FNDX tracks an index of Fundamental U.S. Large Company. The prospectus expense ratio is 0.25% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 731 positions, with the top ten at 21.0%.

Questions people ask

Which returned more over the last year, COWZ or FNDX?
In the year to Oct 28, 2026, with distributions reinvested, COWZ returned +24.4% and FNDX +23.9%.
Which is cheaper, COWZ or FNDX?
FNDX is cheaper, by 0.24 percentage points a year. That is about $24 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWZ and FNDX overlap with the S&P 500?
By their latest filed holdings, 95% of COWZ and 88% of FNDX by weight is stocks the S&P 500 already holds.
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ETFIQ, COWZ against FNDX, data as of Oct 28, 2026. https://etfiq.com/compare/any/cowz-vs-fndx

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