Key stats
About Pacer US Cash Cows 100 ETF
Expense ratio
0.49%
Home page
Inception date
Dec 16, 2016
COWZ provides broad-based US large-cap equity exposure with the investment thesis that higher free cash flow is a mark of stability. Starting with the Russell 1000 selection universe, COWZ screens companies based on their average projected free cash flows and earnings (if available) for the next two fiscal years. Companies without these forward year estimates will remain in the index universe, however, firms with negative earnings or free cash flow are filtered out. The remaining companies are ranked according to their twelve-month free cash flow yield and the top 100 names are included in the index. At each quarterly rebalance, constituents are weighted based on their trailing twelve-month free cash flow with a 2% cap applied on any single security.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Health Technology
Consumer Non-Durables
Stocks99.61%
Energy Minerals14.77%
Health Technology11.68%
Consumer Non-Durables11.01%
Electronic Technology9.18%
Technology Services8.23%
Industrial Services8.14%
Process Industries7.56%
Retail Trade5.33%
Consumer Durables5.20%
Consumer Services4.75%
Distribution Services3.70%
Commercial Services2.36%
Health Services2.31%
Communications2.02%
Producer Manufacturing1.86%
Non-Energy Minerals0.87%
Transportation0.64%
Bonds, Cash & Other0.39%
Cash0.39%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history