Data as of Oct 28, 2026.

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COWZ vs QQQ: Differences, Returns & Fees

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Over the year to Oct 28, 2026, COWZ returned +24.4% to QQQ's +15.2%; 7% 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 $483.0bn for Invesco QQQ Trust, Series 1.

At a glance
+24.4%
COWZ total return, 1 year
+15.2%
QQQ total return, 1 year
0.49%
COWZ expense ratio
0.18%
QQQ expense ratio

Pair scorecard

QQQ costs 0.31 points a year less; their one-year returns differ by 9.2 points; QQQ is far larger, $483.0bn against $19.5bn.

COWZ vs QQQ: Differences, Returns & Fees
MeasureCOWZQQQ
Return
Total return, 1 year+24.4%+15.2%
Drawdown
Below its high4.5%, high on Oct 6, 2026
Benchmark
What it tracksPacer US Cash Cows 100 IndexNasdaq-100 Index
Cost and size
Expense ratio0.49%0.18%
Net assets, as of Oct 27, 2026$19.5bn$483.0bn
Holdings
Holdings in common7%
Top ten holdings, share of the fund20.4%46.7%

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 QQQ
Return
Total return edge QQQ +251.9% +535.2%
Annualized edge QQQ +13.6% +20.7%
Price return edge QQQ +188.5% +494.5%
Risk
Volatility edge COWZ (slight) 19.6% 20.6%
Max drawdown edge QQQ (slight) −36.3% −35.1%
Risk-adjusted
Sharpe edge QQQ 0.62 0.89
Sortino edge QQQ 0.89 1.35
Calmar edge QQQ 0.38 0.59
Reading

QQQ returned more: +535.2% to +251.9%. COWZ swung slightly less: 19.6% to 20.6%. QQQ fell slightly less at its worst: −35.1% to −36.3%.

Full scorecard

9 measures, with how each is measured
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Risk and return: COWZ vs QQQ: Differences, Returns & Fees
MeasureCOWZQQQEdgeHow it is measured
Return
Total return+251.9%+535.2%QQQPrice change plus distributions, reinvested.
Annualized+13.6%+20.7%QQQTotal return as a yearly rate.
Price return+188.5%+494.5%QQQPrice change alone, distributions left out.
Risk
Volatility19.6%20.6%COWZ (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation13.8%13.7%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−36.3%−35.1%QQQ (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.620.89QQQReturn above Treasury bills per unit of volatility.
Sortino0.891.35QQQReturn above Treasury bills per unit of downside deviation.
Calmar0.380.59QQQAnnualized 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

7%

By the books each fund has filed, COWZ and QQQ hold 7% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Oct 27, 2026.

0 half 100%

half

7% in common

Positions both hold · largest shared weight first COWZ QQQ
Gilead Sciences Inc 1.93% 0.85%
QUALCOMM Inc 1.31% 0.83%
T-Mobile US Inc 1.85% 0.68%
Automatic Data Processing Inc 1.66% 0.50%
Booking Holdings Inc 2.23% 0.48%
Adobe Inc 1.91% 0.42%
Intuit Inc 2.04% 0.39%
Regeneron Pharmaceuticals Inc 1.36% 0.35%
Comcast Corp 1.92% 0.34%
Airbnb Inc 1.54% 0.30%
Diamondback Energy Inc 1.49% 0.25%
PACCAR Inc 1.05% 0.23%
Only in one fund ↓
Only in COWZ
Bristol-Myers Squibb Co 2.18%
HCA Healthcare Inc 2.07%
Marathon Petroleum Corp 2.06%
General Dynamics Corp 2.05%
Verizon Communications Inc 1.97%
AT&T Inc 1.95%
Uber Technologies Inc 1.90%
Salesforce Inc 1.90%
Only in QQQ
NVIDIA Corp 8.17%
Apple Inc 7.88%
Microsoft Corp 6.14%
Micron Technology Inc 4.50%
Amazon.com Inc 4.25%
Advanced Micro Devices Inc 3.93%
Tesla Inc 3.33%
Alphabet Inc 2.92%
Check overlap with more funds →

Side by side

COWZ Pacer US Cash Cows 100 ETF QQQ Invesco QQQ Trust, Series 1
Where it sits Stock ETF Stock ETF
Issuer Pacer Invesco
What it is Tracks an index of US Cash Cows 100 Tracks the Nasdaq-100
Total return, 1 year +24.4% +15.2%
Its benchmark over the same days not measured +15.2% (QQQM)
Gap to its benchmark not measured 0.0 pts vs QQQM
Expense ratio 0.49% 0.18%
Already in the S&P 500 94.7% 95.7%
Holdings 100 103
Net assets, as of Oct 27, 2026 $19.5bn $483.0bn

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

Client brief · page 1 of 2 Report BR-CFE2255B17

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

  1. What each follows. COWZ follows Pacer US Cash Cows 100 Index and QQQ follows Nasdaq-100 Index.
  2. Holdings in common. 7% 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 QQQ +15.2% with distributions reinvested, a gap of 9.2 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%.

QQQ

QQQ tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, COWZ or QQQ?
In the year to Oct 28, 2026, with distributions reinvested, COWZ returned +24.4% and QQQ +15.2%.
Which is cheaper, COWZ or QQQ?
QQQ 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 QQQ overlap with the S&P 500?
By their latest filed holdings, 95% of COWZ and 96% of QQQ by weight is stocks the S&P 500 already holds.
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ETFIQ, COWZ against QQQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/cowz-vs-qqq

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