Data as of Oct 28, 2026.

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COWZ vs IWB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, COWZ returned +24.4% to IWB's +13.1%; 8% 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 $49.1bn on Oct 28, 2026 for iShares Russell 1000 ETF.

At a glance
+24.4%
COWZ total return, 1 year
+13.1%
IWB total return, 1 year
0.49%
COWZ expense ratio
0.15%
IWB expense ratio

Pair scorecard

IWB costs 0.34 points a year less; their one-year returns differ by 11.3 points; IWB is 2.5 times larger.

COWZ vs IWB: Differences, Returns & Fees
MeasureCOWZIWB
Return
Total return, 1 year+24.4%+13.1%
Benchmark
What it tracksPacer US Cash Cows 100 IndexRussell 1000 Index
Cost and size
Expense ratio0.49%0.15%
Net assets, as of Oct 26, 2026$19.7bn$48.7bn
Holdings
Holdings in common8%
Top ten holdings, share of the fund20.4%35.3%

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 IWB
Return
Total return edge IWB +251.9% +285.2%
Annualized edge IWB (slight) +13.6% +14.7%
Price return edge IWB +188.5% +233.7%
Risk
Volatility edge IWB 19.6% 17.5%
Max drawdown edge IWB (slight) −36.3% −32.7%
Risk-adjusted
Sharpe edge IWB 0.62 0.73
Sortino edge IWB 0.89 1.04
Calmar edge IWB 0.38 0.45
Reading

IWB returned more: +285.2% to +251.9%. IWB swung less: 17.5% to 19.6%. IWB fell slightly less at its worst: −32.7% to −36.3%.

Full scorecard

9 measures, with how each is measured
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Risk and return: COWZ vs IWB: Differences, Returns & Fees
MeasureCOWZIWBEdgeHow it is measured
Return
Total return+251.9%+285.2%IWBPrice change plus distributions, reinvested.
Annualized+13.6%+14.7%IWB (slight)Total return as a yearly rate.
Price return+188.5%+233.7%IWBPrice change alone, distributions left out.
Risk
Volatility19.6%17.5%IWBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.8%12.2%IWBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−36.3%−32.7%IWB (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.620.73IWBReturn above Treasury bills per unit of volatility.
Sortino0.891.04IWBReturn above Treasury bills per unit of downside deviation.
Calmar0.380.45IWBAnnualized 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

8%

By the books each fund has filed, COWZ and IWB hold 8% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

8% in common

Positions both hold · largest shared weight first COWZ IWB
Gilead Sciences Inc 1.93% 0.28%
QUALCOMM Inc 1.31% 0.27%
Salesforce Inc 1.90% 0.27%
Verizon Communications Inc 1.97% 0.26%
Pfizer Inc 1.84% 0.24%
AT&T Inc 1.95% 0.20%
Accenture PLC 1.78% 0.20%
Bristol-Myers Squibb Co 2.18% 0.18%
Marathon Petroleum Corp 2.06% 0.18%
Uber Technologies Inc 1.90% 0.18%
Altria Group Inc 1.81% 0.17%
Newmont Corp 1.80% 0.17%
Only in one fund ↓
Only in COWZ
Only in IWB
NVIDIA 7.15%
APPLE 7.06%
MICROSOFT 5.56%
AMAZON.COM INC 3.46%
ALPHABET CLASS A 2.63%
BROADCOM INC 2.24%
ALPHABET CLASS C 2.12%
META PLATFORMS CLASS A 1.92%
Check overlap with more funds →

Side by side

COWZ Pacer US Cash Cows 100 ETF IWB iShares Russell 1000 ETF
Where it sits Stock ETF Stock ETF
Issuer Pacer iShares
What it is Tracks an index of US Cash Cows 100 Tracks the Russell 1000
Total return, 1 year +24.4% +13.1%
Its benchmark over the same days not measured +13.2% (VONE)
Gap to its benchmark not measured −0.1 pts vs VONE
Expense ratio 0.49% 0.15%
Already in the S&P 500 94.7% 91.7%
Holdings 100 1025
Net assets, COWZ as of Oct 27, 2026 and IWB as of Oct 28, 2026 $19.5bn $49.1bn

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

Client brief · page 1 of 2 Report BR-7ED6901D28

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

  1. What each follows. COWZ follows Pacer US Cash Cows 100 Index and IWB follows Russell 1000 Index.
  2. Holdings in common. 8% 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 IWB +13.1% with distributions reinvested, a gap of 11.3 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%.

IWB

IWB tracks the Russell 1000. Over the year to Oct 28, 2026 it returned +13.1% with distributions reinvested, against +13.2% for its benchmark, the Russell 1000 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1,025 positions, with the top ten at 35.3%.

Questions people ask

Which returned more over the last year, COWZ or IWB?
In the year to Oct 28, 2026, with distributions reinvested, COWZ returned +24.4% and IWB +13.1%.
Which is cheaper, COWZ or IWB?
IWB is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWZ and IWB overlap with the S&P 500?
By their latest filed holdings, 95% of COWZ and 92% of IWB by weight is stocks the S&P 500 already holds.
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ETFIQ, COWZ against IWB, data as of Oct 28, 2026. https://etfiq.com/compare/any/cowz-vs-iwb

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