Data as of Oct 28, 2026.

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COWZ vs IWD: Differences, Returns & Fees

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Over the year to Oct 28, 2026, COWZ returned +24.4% to IWD's +27.5%; 12% 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 $83.0bn for iShares Russell 1000 Value ETF.

At a glance
+24.4%
COWZ total return, 1 year
+27.5%
IWD total return, 1 year
0.49%
COWZ expense ratio
0.18%
IWD expense ratio

Pair scorecard

IWD costs 0.31 points a year less; their one-year returns differ by 3.1 points; IWD is 4.3 times larger.

COWZ vs IWD: Differences, Returns & Fees
MeasureCOWZIWD
Return
Total return, 1 year+24.4%+27.5%
Benchmark
What it tracksPacer US Cash Cows 100 IndexRussell 1000 Value Index
Cost and size
Expense ratio0.49%0.18%
Net assets, as of Oct 27, 2026$19.5bn$83.0bn
Holdings
Holdings in common12%
Top ten holdings, share of the fund20.4%29.6%

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 IWD
Return
Total return edge COWZ +251.9% +182.3%
Annualized edge COWZ +13.6% +11.1%
Price return edge COWZ +188.5% +129.8%
Risk
Volatility edge IWD 19.6% 17.1%
Max drawdown edge Tie −36.3% −35.6%
Risk-adjusted
Sharpe edge COWZ 0.62 0.55
Sortino edge COWZ 0.89 0.77
Calmar edge COWZ 0.38 0.31
Reading

COWZ returned more: +251.9% to +182.3%. IWD swung less: 17.1% to 19.6%. COWZ and IWD fell about the same at their worst: −36.3% and −35.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: COWZ vs IWD: Differences, Returns & Fees
MeasureCOWZIWDEdgeHow it is measured
Return
Total return+251.9%+182.3%COWZPrice change plus distributions, reinvested.
Annualized+13.6%+11.1%COWZTotal return as a yearly rate.
Price return+188.5%+129.8%COWZPrice change alone, distributions left out.
Risk
Volatility19.6%17.1%IWDSpread of weekly returns, annualized. Lower is steadier.
Downside deviation13.8%12.3%IWDLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−36.3%−35.6%TieDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.620.55COWZReturn above Treasury bills per unit of volatility.
Sortino0.890.77COWZReturn above Treasury bills per unit of downside deviation.
Calmar0.380.31COWZAnnualized 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

12%

By the books each fund has filed, COWZ and IWD hold 12% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

12% in common

Positions both hold · largest shared weight first COWZ IWD
Gilead Sciences Inc 1.93% 0.52%
QUALCOMM Inc 1.31% 0.51%
Salesforce Inc 1.90% 0.51%
Verizon Communications Inc 1.97% 0.49%
Pfizer Inc 1.84% 0.45%
Accenture PLC 1.78% 0.38%
AT&T Inc 1.95% 0.37%
Bristol-Myers Squibb Co 2.18% 0.33%
Altria Group Inc 1.81% 0.33%
Newmont Corp 1.80% 0.31%
Uber Technologies Inc 1.90% 0.31%
Lowe's Cos Inc 1.89% 0.29%
Only in one fund ↓
Only in COWZ
Booking Holdings Inc 2.23%
Expedia Group Inc 1.58%
Airbnb Inc 1.54%
Autodesk Inc 0.82%
Las Vegas Sands Corp 0.64%
Tapestry Inc 0.57%
Dexcom Inc 0.49%
Atlassian Corp 0.39%
Only in IWD
APPLE 6.08%
AMAZON.COM INC 5.95%
MICROSOFT 5.21%
BERKSHIRE HATHAWAY INC CLASS B 2.67%
JPMORGAN CHASE & CO 2.37%
EXXONMOBIL HOLDINGS CORP 1.96%
JOHNSON & JOHNSON 1.71%
WALMART 1.26%
Check overlap with more funds →

Side by side

COWZ Pacer US Cash Cows 100 ETF IWD iShares Russell 1000 Value 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 value
Total return, 1 year +24.4% +27.5%
Its benchmark over the same days not measured +27.7% (VONV)
Gap to its benchmark not measured −0.2 pts vs VONV
Expense ratio 0.49% 0.18%
Already in the S&P 500 94.7% 90.0%
Holdings 100 871
Net assets, as of Oct 27, 2026 $19.5bn $83.0bn

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

Client brief · page 1 of 2 Report BR-DC86E5048E

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

  1. What each follows. COWZ follows Pacer US Cash Cows 100 Index and IWD follows Russell 1000 Value Index.
  2. Holdings in common. 12% 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 IWD +27.5% with distributions reinvested, a gap of 3.1 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%.

IWD

IWD tracks the Russell 1000 value. Over the year to Oct 28, 2026 it returned +27.5% with distributions reinvested, against +27.7% for its benchmark, the Russell 1000 Value Index. The prospectus expense ratio is 0.18% 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 871 positions, with the top ten at 29.6%.

Questions people ask

Which returned more over the last year, COWZ or IWD?
In the year to Oct 28, 2026, with distributions reinvested, COWZ returned +24.4% and IWD +27.5%.
Which is cheaper, COWZ or IWD?
IWD is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do COWZ and IWD overlap with the S&P 500?
By their latest filed holdings, 95% of COWZ and 90% of IWD by weight is stocks the S&P 500 already holds.
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ETFIQ, COWZ against IWD, data as of Oct 28, 2026. https://etfiq.com/compare/any/cowz-vs-iwd

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