Pacer US Cash Cows 100 ETF

COWZ

Market cap $18B

Warren Buffett built his fortune by buying businesses with durable competitive advantages at reasonable prices and holding them for decades.

Pacer US Cash Cows 100 ETF is a popular $18B free cash flow yield ETF with a 0.49% expense ratio. YTD, it's holding up well relative to its benchmarks, delivering a solid 4.24% total return. With quarterly reconstitutions, I see COWZ leaning more on Energy, to which it already has 16% allocated. If oil prices remain elevated, it could become a top performer again. However, long-term investors should exercise patience. My returns distribution analysis highlights how its frequently of positive monthly returns is relatively low, though the potential for large returns is there.

Pacer US Cash Cows 100 ETF (COWZ) remains a buy for defensive investors seeking capital preservation amid market volatility and geopolitical risks. COWZ's strategy focuses on large-cap companies with high free cash flow yields, offering a current 2% yield and robust dividend growth potential. The fund has outperformed the S&P 500 during recent downturns, capturing only 88% of downside and delivering a 15.1% total return over twelve months.

ETFs focused on consumer staples, utilities, low volatility, and high-quality metrics should bounce back, says one strategist.

The Pacer US Cash Cows 100 ETF (COWZ) was launched on 12/16/2016, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Value category of the market.

If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Pacer US Cash Cows 100 ETF (COWZ), a passively managed exchange traded fund launched on December 16, 2016.

The Pacer US Cash Cows ETF (COWZ) has pulled back in this month, erasing some of the gains made earlier this year. It dropped to $62.45 on Thursday, down slightly from the year-to-date high of $64.

After a prolonged rally throughout much of 2025—even in the face of mounting geopolitical uncertainty, shifting tariff policies, and more—the S&P 500 has cooled its momentum early in 2026. With the market moving increasingly erratically, the S&P is down about 2% year-to-date (YTD) overall.

While the S&P 500 ( NYSEARCA:SPY ) sits flat year-to-date, the Pacer US Cash Cows 100 ETF ( NYSEARCA:COWZ ) has surged nearly 7%.

The Investment Committee debate the software volatility and how you should position your portfolio.