Pacer US Cash Cows 100 ETF

COWZ

Market cap $18.4B

The Investment Committee give you their top stocks to watch for the second half.

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

Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the Pacer US Cash Cows 100 ETF (COWZ) is a passively managed exchange traded fund launched on December 16, 2016.

MALVERN, Pa.--(BUSINESS WIRE)---- $COWZ #ETF--Pacer Financial and Save partner up to deliver innovative cash-management solutions, tap select Pacer ETFs' funds including COWZ, LCOW and TRFK.

Pacer US Cash Cows 100 ETF has lagged peers recently, despite attractive valuations and a unique free cash flow focus. COWZ's performance now trails both iShares Russell 1000 Value ETF and SPDR S&P 1500 Value Tilt ETF across most recent timeframes. The fund's higher expense ratio (0.49%) and sector exclusions, especially financials, reduce its appeal, versus lower-cost, broader value ETFs, like VLU and IWD.

COWZ provides consistent exposure to 100 high-quality U.S. stocks trading at cheap valuations, as measured by free cash flow yield. COWZ's recent returns have been disappointing, and over the last year, it's been one of the worst-performing cash-flow-focused funds on the market. This article lists the 15 others I track. High quality is COWZ's current advantage, but my fundamental analysis reveals its peers generally offer a better growth and value combination. Notably, VFLO is superior to COWZ on both metrics.

The Pacer US Cash Cows 100 ETF prioritizes free cash flow over growth, diverging from tech-heavy benchmarks like the Russell 1000. COWZ offers a value and defensive tilt, focusing on sectors like Health Care and Energy, but currently underperforms in a growth-driven market. Despite higher volatility and turnover, COWZ preserves capital better than peers, yet its high expense ratio and lagging returns warrant caution.

Launched on December 16, 2016, the Pacer US Cash Cows 100 ETF (COWZ) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Value segment of the US equity market.

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

COWZ: Low Valuation, Alternative Sector Exposure