What is COWZ?

COWZ tracks a free cash flow-weighted index of companies selected from the Russell 1000 Index.

PERFORMANCE [as of 03/27/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
COWZ -4.80% -2.62% -1.61% -9.27% 30.09% 11.67% --
COWZ (NAV) -4.75% -2.58% -1.56% -9.21% 30.18% 12.00% --
Pacer U.S. Cash Cows 100 Index -4.71% -2.45% -1.42% -8.86% 30.82% 12.46% --
MSCI USA Large Cap Index 0.82% 5.42% 5.03% -11.26% 17.72% 11.01% 12.13%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

COWZ Factset Analytics Insight

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.

COWZ Summary Data

12/16/16
0.49%
$12.21B
MSCI USA Large Cap Index
Open-Ended Fund

Peers

MSCI USA Large Cap Index

Fund Flows

+$0.13B 5 Days
+$0.80B 30 Days
+$3.49B 90 Days

COWZ Portfolio Data

$65.45B
6.99
2.52
2.14%
N/A
101

COWZ Index Data

Fundamental
Multi-Factor
MSCI USA Large Cap Index

COWZ Portfolio Management

0.49%
-0.53%
-0.35%
-0.77%

COWZ Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

COWZ Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/28/23

This measurement shows how easy it is to trade a $1 million USD block of COWZ. COWZ is rated a 5 out of 5.

COWZ Tradability

2,000,986
$95.94M
1,904,344
$93.67M
0.03%
$0.01
0.03%
0.17% / -0.11%
None
100.00%
50,000
38.09
0.01%
0.01%
1,037
$45.29
5

COWZ Sector/Industry Breakdown

COWZ Segment
Benchmark
35.07% --
12.49% --
9.06% --
6.49% --
5.84% --
4.90% --
4.36% --
4.28% --
3.79% --
3.55% --

COWZ Performance Statistics

0.78
0.93
0.93
1.02
0.77%
MSCI USA Large Cap Index

COWZ Countries

COWZ Segment
Benchmark
100.00% 99.89%
-- 0.11%

COWZ Regions

COWZ Segment
Benchmark
100.00% 100.00%

COWZ Economic Development

COWZ Segment
Benchmark
100.00% 100.00%
0.00% 0.00%

COWZ Benchmark Comparison Holdings

101
297
29
9.46%

COWZ Benchmark Comparison Summary

COWZ Segment
Benchmark
101 297
$65.45B $504.17B
6.99 20.72
2.52 4.32
2.20% 1.55%
Low Low

COWZ Benchmark Comparison Market Cap Size

COWZ Segment
Benchmark
74.61% 100.00%
25.28% 0.00%
0.00% 0.00%
0.00% 0.00%