Pacer US Cash Cows 100 ETF (COWZ) remains a buy for defensive investors seeking capital preservation amid market volatility and geopolitical risks. COWZ's strategy focuses on large-cap companies with high free cash flow yields, offering a current 2% yield and robust dividend growth potential. The fund has outperformed the S&P 500 during recent downturns, capturing only 88% of downside and delivering a 15.1% total return over twelve months.
The Pacer US Cash Cows 100 ETF (COWZ) was launched on 12/16/2016, and is a smart beta exchange traded fund designed to offer broad exposure to the Style Box - Large Cap Value category of the market.
If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Pacer US Cash Cows 100 ETF (COWZ), a passively managed exchange traded fund launched on December 16, 2016.
The Pacer US Cash Cows ETF (COWZ) has pulled back in this month, erasing some of the gains made earlier this year. It dropped to $62.45 on Thursday, down slightly from the year-to-date high of $64.
Making its debut on 12/16/2016, smart beta exchange traded fund Pacer US Cash Cows 100 ETF (COWZ) provides investors broad exposure to the Style Box - Large Cap Value category of the market.
Looking for broad exposure to the Large Cap Value segment of the US equity market? You should consider the Pacer US Cash Cows 100 ETF (COWZ), a passively managed exchange traded fund launched on December 16, 2016.
Pacer US Cash Cows 100 ETF is reiterated as a buy, driven by strong free cash flow focus and recent outperformance versus the S&P 500. COWZ benefits from overweight positions in Energy and Health Care, attractive 13.7x P/E, and a 2.13% yield, supporting its value-oriented investment thesis. Technical momentum is robust, with all-time highs, a bullish RSI, and a measured move price target in the low $70s.
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.
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.
COWZ: Low Valuation, Alternative Sector Exposure