GCOW
Pacer Global Cash Cows Dividend ETF
The Pacer Global High Dividend ETF tracks an index of developed market large cap stocks, selected by free cash flow yield and dividend yield and weighted by aggregate dividends.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
2.7 B
ASSETS UNDER MGMT
60 bp
EXPENSES
Fund Basics
| Fund sponsor | Pacer Financial |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Feb 22, 2016 |
| Assets (mns) | $2,680 |
| Expense ratio | 60 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Dividend |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NOVO NORDISK A/S-B | 2.4 % |
| UNITED PARCEL SERVICE-CL B | 2.2 % |
| MERCK & CO. INC. | 2.2 % |
| PHILIP MORRIS INTERNATIONAL | 2.1 % |
| RIO TINTO PLC | 2.1 % |
| CHEVRON CORP | 2.1 % |
| BHP BILLITON LTD | 2.1 % |
| EXXON MOBIL CORP | 2.1 % |
| NOVARTIS AG | 2.1 % |
| BRISTOL-MYERS SQUIBB CO | 2.1 % |
Constituent Breakdown
| Number of holdings | 101 |
| Herfindahl-Hirschman Index | 152 |
| Wgt avg mkt cap (mns) | $124,641 |
| Large cap (>$10bn) | 95.6% |
| Mid cap ($2-10bn) | 2.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 96.7% |
| Emerging mkts. | 1.5% |
Country Exposure
 |
UNITED STATES | 26.2 % |
 |
BRITAIN | 15.1 % |
 |
FRANCE | 8.3 % |
 |
JAPAN | 8.1 % |
 |
SWITZERLAND | 6.4 % |
 |
CANADA | 5.4 % |
 |
HONG KONG | 5.3 % |
 |
GERMANY | 4.9 % |
 |
AUSTRALIA | 4.4 % |
 |
ITALY | 3.8 % |
Historical Performance
Standardized Performance (as of 12/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 22.2% | 22.2% | 9.7% | 9.1% | 7.5% | -- | -- | 5.3% |
| Dividend Yield | 5.2% | 5.2% | 5.1% | 5.4% | 5.2% | -- | -- | 4.5% |
| Total Returns | 27.3% | 27.3% | 14.8% | 14.5% | 12.7% | -- | -- | 9.8% | Ann. Volatility | 13.4% | 13.4% | 12.1% | 12.3% | 13.4% | -- | -- | 16.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.42 | 37% |
| MSCI EAFE | 0.68 | 69% |
| MSCI Emg Mkts | 0.49 | 42% |
Liquidity Measures
| Avg. volume (000) | 172 |
| ADV traded (mns) | $7 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.13% |
Technical Indicators
| 30d moving avg. (EMA) | $41.00 |
| Relative strength (RSI) | 63 |
| MACD/Signal | 0.36/0.36 |
| Bollinger Bands (Upper/Lower) | $41.97/$40.52 |
| Short interest (% of AUM) | 0.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. GCOW |
Expenses vs. GCOW |
ALTAR Score™ vs. GCOW |
|---|---|---|---|---|
| JIVE | JPMorgan International Value ETF | 36.3% | -5 bp | +9.6% |
| LVHI | Franklin International Low Volatility High Dividend Index ET | 29.7% | -20 bp | +8.7% |
| ICOW | Pacer Developed Markets International Cash Cows 100 ETF | 29.6% | +5 bp | +8.8% |
| DIVI | Franklin International Core Dividend Tilt Index ETF | 27.9% | -51 bp | +7.2% |
| DTH | WisdomTree International High Dividend Fund | 26.4% | -2 bp | +8.2% |
| IVSI | Applied Finance IVS International LrgETF | 24.5% | +5 bp | +7.2% |
| DEW | WisdomTree Global High Dividend Fund | 24.4% | -2 bp | +8.2% |
| HDEF | Xtrackers MSCI EAFE High Dividend Yield Equity ETF | 23.8% | -51 bp | +8.6% |
| RFDI | First Trust Riverfront Dynamic Developed International ETF | 23.8% | +23 bp | +8.5% |
| IVLU | iShares MSCI Intl Value Factor ETF | 23.6% | -30 bp | +9.3% |
Risk and Returns: GCOW vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 1/11/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.
ALTAR Score™
GCOW
9.7%
Cat. Avg
4.1%
ALTAR Score™ Calculation
Category Overview
There are 391 funds in the Global Equity category, with an average ALTAR Score™
of 4.1% and a standard deviation of
2.9%. GCOW's ALTAR Score™ is approximately
1.9 standard deviations
above
the category average. This places GCOW in the 97th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
GCOWSELL
U/W
HOLD
O/W
BUY