Pacer US Large Cap Cash Cows Growth Leaders ETF

COWG

Market cap $2.47B

Overview Fund Activity

36.00 USD

-0.20

0.55%

At close Updated Sep 12, 4:00 PM EDT

1 day

-0.55%

5 days

1.38%

1 month

2.59%

3 months

3.09%

6 months

15.53%

Year to date

11.49%

1 year

31.34%

5 years

80.09%

10 years

80.09%

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

358% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 12

263% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 30

85% more capital invested

Capital invested by funds: $750M [Q1] → $1.39B (+$636M) [Q2]

26% more funds holding

Funds holding: 157 [Q1] → 198 (+41) [Q2]

14% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 8 (+1) [Q2]

3.18% more ownership

Funds ownership: 63.66% [Q1] → 66.85% (+3.18%) [Q2]

See Fund Rankings

Financial journalist opinion

COWG: Focusing On Free Cash Flow Margins As A Growth-Defensive Hybrid Strategy

Pacer US Large Cap Cash Cows Growth Leaders ETF offers a fundamentally weighted, growth-tilted ETF based on free cash flow margins, providing unique diversification versus mega cap-heavy portfolios. The ETF's methodology avoids narrative and market cap biases, resulting in a portfolio with risk-mitigated, medium-to-high growth potential and broad sector exposure. While COWG has lagged mega cap-focused peers in recent rallies, its structure is poised to outperform in broader, more growth-conducive markets.

COWG: Focusing On Free Cash Flow Margins As A Growth-Defensive Hybrid Strategy

COWG: High Tech, High Momentum, High Returns, High Valuation

COWG has rebounded strongly post-election, tracking large-cap growth, but its valuation is not compelling at nearly 25x earnings and a high PEG ratio. The ETF is heavily concentrated in Information Technology and Health Care, raising concerns about industry diversification and portfolio risk. Momentum and seasonal trends are favorable into summer, but upcoming shareholder meetings and recent volatility could trigger short-term price swings.

COWG: High Tech, High Momentum, High Returns, High Valuation

Investors Business Daily

Investors Make Fast Money On 8 ETFs In Just One Month

Just a month ago, ETF investors were pleased to simply hold onto their money. Now they're looking for big gains in the S&P 500 again.

Investors Make Fast Money On 8 ETFs In Just One Month

COWG: 4 Reasons Why I Would Avoid This ETF

The Pacer U.S. Large Cap Cash Cows Growth Leaders ETF launched in December 2022 and current has $1.1 billion in assets. COWG has a high expense ratio compared to other products. COWG has underperformed compared to other large cap growth ETFs and lacks exposure to mega cap tech companies.

COWG: 4 Reasons Why I Would Avoid This ETF

COWG: Focusing On Free Cash Flow Leads To Outperformance

Pacer US Large Cap Cash Cows Growth Leaders ETF focuses on high-quality growth companies with a growing free cash flow. COWG has outperformed traditional S&P 500 index funds and notable dividend-focused ETFs, providing a 37.7% total return in 2024, including distributions. COWG heavily leans on exposure to technology companies with strong free cash flows. This can lead to share buybacks, dividend increases, and defensive balance sheet.

COWG: Focusing On Free Cash Flow Leads To Outperformance

COWG: Highly Promising Idea With Just Average Results

COWG offers exposure to Russell 1000 companies with robust FCF margins that are momentum-weighted. This idea translated into healthy returns amid this bull market, but no consistent alpha has been delivered. Grossly overweight in IT, COWG beats IVV when it comes to the weighted-average FCF margin and 3-year FCF CAGR, but lags it meaningfully on the growth front.

COWG: Highly Promising Idea With Just Average Results

Zacks Investment Research

What You Need to Know About Cash-Cow ETF Investing

Cash cow investing is a strategy that has gained popularity among investors seeking stable and consistent returns.

Zacks Investment Research

3 Reasons Why Quality ETFs Worth a Bet

The S&P 500 may be hovering around all-time highs, but uncertainties still prevail in the market. Geopolitical crisis, China's property market crisis, uncertainties about interest rates and severe job cuts from the U.S. tech sector could cause economic slowdown.

See News Rankings

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