Skip to Content
ETFs

Pacer Developed Markets International Cash Cows 100 ETF

ICOW
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 16 2017
Expense Ratio
0.65%
Type
Global Ex. US Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$4,693,906
AUM
$768,332,850
Associated Index
Pacer Developed Markets International Cash Cows 100 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

STLAM
Stellantis N.V
2.29%
HMC
Honda Motor - ADR
2.26%
EQNR
Equinor ASA - ADR
2.25%
8058
Mitsubishi Corporation
2.23%
SU
Suncor Energy, Inc.
2.17%
8031
Mitsui & Co. Ltd
2.17%
E
Eni Spa - ADR
2.15%
TTE
TotalEnergies SE - ADR
2.10%
SHEL
Shell Plc - ADR (Representing - Ordinary Shares)
2.09%
CNQ
Canadian Natural Resources Ltd.
2.05%
Invest with ICOW

What is ICOW?

Pacer Developed Markets International Cash Cows 100 ETF (the Fund ) is an exchange traded fund that seeks to track the total return performance, before fees and expenses, of the Pacer Developed Markets International Cash Cows 100 Index (the Index ). The Index uses an objective, rules-based methodology to provide exposure to large and mid-capitalization non-U.S. companies in developed markets with high free cash flow yields. Companies with high free cash flow yields are commonly referred to as cash cows .

ETFs related toICOW

ETFs correlated to ICOW include AVIV, DFIV, GCOW

ICOW
Pacer Funds Trust - Pacer Developed Markets International Cash Cows 100 ETF
AVIV
American Century ETF Trust - Avantis International Large Cap Value ETF
DFIV
Dimensional ETF Trust - Dimensional International Value ETF
GCOW
Pacer Funds Trust - Pacer Global Cash Cows Dividend ETF
FYLD
Cambria Investment Management LP - Cambria Foreign Shareholder Yield ETF
FNDF
Schwab Strategic Trust - Schwab Fundamental International Large Company Index ETF
VYMI
Vanguard Group, Inc. - Vanguard International High Dividend Yield ETF
PXF
Invesco Capital Management LLC - Invesco FTSE RAFI Developed Markets ex-U.S. ETF
AVDV
American Century ETF Trust - Avantis International Small Cap Value ETF
DFIC
Dimensional ETF Trust - Dimensional International Core Equity 2 ETF
DTH
WisdomTree Trust - WisdomTree International High Dividend Fund

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

ICOW is a Global Ex. US Equities ETF. Pacer Developed Markets International Cash Cows 100 ETF (the Fund ) is an exchange traded fund that seeks to track the total return performance, before fees and expenses, of the Pacer Developed Markets International Cash Cows 100 Index (the Index ). The Index uses an objective, rules-based methodology to provide exposure to large and mid-capitalization non-U.S. companies in developed markets with high free cash flow yields. Companies with high free cash flow yields are commonly referred to as cash cows .

ICOW tracks the Pacer Developed Markets International Cash Cows 100 Index.

No, ICOW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ICOW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ICOW is 0.0267%. This is the percent change in the value of ICOW over the most recent 1-month period. The 3-month return on ICOW is 0.0429%. This is the percent change in the value of ICOW over the most recent 3-month period.

The standard deviation of ICOW for the past year is 0.1958%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ICOW include DGS, DWM, and DXJ.

ETFs correlated to ICOW include AVIV, DFIV, and GCOW.

ETFs that are inversely correlated to ICOW include EFZ, EPV, and EDZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.