Data as of Oct 28, 2026.

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COWZ vs IBB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, COWZ returned +24.4% to IBB's +37.5%, and IBB charges 0.44% to COWZ's 0.49%.

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Net assets on Oct 27, 2026: $19.5bn for Pacer US Cash Cows 100 ETF and $11.0bn for iShares Biotechnology ETF.

At a glance
+24.4%
COWZ total return, 1 year
+37.5%
IBB total return, 1 year
0.49%
COWZ expense ratio
0.44%
IBB expense ratio

Pair scorecard

IBB costs 0.05 points a year less; their one-year returns differ by 13.1 points; COWZ is 1.8 times larger.

COWZ vs IBB: Differences, Returns & Fees
MeasureCOWZIBB
Return
Total return, 1 year+24.4%+37.5%
Benchmark
What it tracksPacer US Cash Cows 100 IndexBiotech
Cost and size
Expense ratio0.49%0.44%
Net assets, as of Oct 27, 2026$19.5bn$11.0bn
Active share vs the S&P 50099%
Holdings
Holdings in common5%
Top ten holdings, share of the fund20.4%50%

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

Risk and return

Dec 30, 2016 to Oct 23, 2026 · 512 weekly returns
COWZ IBB
Return
Total return edge COWZ +251.9% +140.8%
Annualized edge COWZ +13.6% +9.3%
Price return edge COWZ +188.5% +134.8%
Risk
Volatility edge COWZ 19.6% 22.8%
Max drawdown edge COWZ (slight) −36.3% −37.5%
Risk-adjusted
Sharpe edge COWZ 0.62 0.39
Sortino edge COWZ 0.89 0.58
Calmar edge COWZ 0.38 0.25
Reading

COWZ returned more: +251.9% to +140.8%. COWZ swung less: 19.6% to 22.8%. COWZ fell slightly less at its worst: −36.3% to −37.5%.

Full scorecard

9 measures, with how each is measured
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Risk and return: COWZ vs IBB: Differences, Returns & Fees
MeasureCOWZIBBEdgeHow it is measured
Return
Total return+251.9%+140.8%COWZPrice change plus distributions, reinvested.
Annualized+13.6%+9.3%COWZTotal return as a yearly rate.
Price return+188.5%+134.8%COWZPrice change alone, distributions left out.
Risk
Volatility19.6%22.8%COWZSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.8%15.4%COWZLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−36.3%−37.5%COWZ (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.620.39COWZReturn above Treasury bills per unit of volatility.
Sortino0.890.58COWZReturn above Treasury bills per unit of downside deviation.
Calmar0.380.25COWZAnnualized 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

5%

By the books each fund has filed, COWZ and IBB hold 5% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

5% in common

Positions both hold · largest shared weight first COWZ IBB
Gilead Sciences Inc 1.93% 8.56%
Regeneron Pharmaceuticals Inc 1.36% 5.64%
Biogen Inc 0.72% 2.58%
Incyte Corp 0.49% 1.63%
United Therapeutics Corp 0.28% 1.71%
Neurocrine Biosciences Inc 0.25% 1.02%
Only in one fund ↓
Only in COWZ
Booking Holdings Inc 2.23%
Bristol-Myers Squibb Co 2.18%
HCA Healthcare Inc 2.07%
Marathon Petroleum Corp 2.06%
General Dynamics Corp 2.05%
Intuit Inc 2.04%
Verizon Communications Inc 1.97%
AT&T Inc 1.95%
Only in IBB
AMGEN INC 8.20%
VERTEX PHARMACEUTICALS 7.53%
MODERNA 5.29%
NATERA 3.85%
ARGENX SE ADR 3.42%
ILLUMINA INC 2.93%
REVOLUTION MEDICINES 2.50%
BEONE MEDICINES AG 2.15%
Check overlap with more funds →

Side by side

COWZ Pacer US Cash Cows 100 ETF IBB iShares Biotechnology ETF
Where it sits Stock ETF Thematic ETF
Issuer Pacer iShares
What it is Tracks an index of US Cash Cows 100 Biotech
Total return, 1 year +24.4% +37.5%
Expense ratio 0.49% 0.44%
Already in the S&P 500 94.7% 40.2%
Holdings 100 245
Net assets, as of Oct 27, 2026 $19.5bn $11.0bn

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

Client brief · page 1 of 2 Report BR-FD36BD178F

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

  1. What each follows. COWZ follows Pacer US Cash Cows 100 Index and IBB follows Biotech.
  2. Holdings in common. 5% 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 IBB +37.5% with distributions reinvested, a gap of 13.1 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%.

IBB

By weight, 40% of IBB's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 50% of the fund across 245 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +37.5% with distributions reinvested.

Questions people ask

Are COWZ and IBB in the same category?
COWZ is a stock ETF and IBB is a thematic ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, COWZ or IBB?
In the year to Oct 28, 2026, with distributions reinvested, COWZ returned +24.4% and IBB +37.5%.
Which is cheaper, COWZ or IBB?
IBB is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWZ and IBB overlap with the S&P 500?
By their latest filed holdings, 95% of COWZ and 40% of IBB by weight is stocks the S&P 500 already holds.
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ETFIQ, COWZ against IBB, data as of Oct 28, 2026. https://etfiq.com/compare/any/cowz-vs-ibb

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