ECOW
Pacer Emerging Markets Cash Cows 100 ETF
The Pacer Emerging Markets Cash Cows 100 ETF tracks a fundamental-selected and -weighted index of emerging markets equities.
Emerging Market
EQUITY
Rules-Based
MANAGEMENT STYLE
97.9 M
ASSETS UNDER MGMT
70 bp
EXPENSES
Fund Basics
| Fund sponsor | Pacer Financial |
| Category | Emerging |
| Asset class | Equity |
| Website | link... |
| Inception date | May 02, 2019 |
| Assets (mns) | $98 |
| Expense ratio | 70 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Fundamental |
| Weighting | Fundamental |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| XIAOMI CORP. CLASS B | 3.2 % |
| JD.COM INC-ADR | 2.4 % |
| HON HAI PRECISION INDUSTRY | 2.3 % |
| ALIBABA GROUP HOLDING LTD. SPONSORED ADR | 2.3 % |
| LI AUTO, INC. SPONSORED ADR CLASS A | 2.3 % |
| TENAGA NASIONAL BHD | 2.2 % |
| QUANTA COMPUTER INC | 2.2 % |
| PTT PUBLIC CO., LTD. | 2.1 % |
| AMBEV SA-ADR | 2.0 % |
| ZTE CORP-H | 2.0 % |
Constituent Breakdown
| Number of holdings | 108 |
| Herfindahl-Hirschman Index | 148 |
| Wgt avg mkt cap (mns) | $26,877 |
| Large cap (>$10bn) | 56.8% |
| Mid cap ($2-10bn) | 37.3% |
| Small cap (<$2bn) | 1.7% |
| Developed mkts. | 6.0% |
| Emerging mkts. | 94.0% |
Country Exposure
 |
CHINA | 27.3 % |
 |
TAIWAN | 18.1 % |
 |
BRAZIL | 13.8 % |
 |
MEXICO | 7.7 % |
 |
TURKEY | 6.0 % |
 |
SOUTH AFRICA | 5.2 % |
 |
THAILAND | 3.7 % |
 |
INDONESIA | 3.7 % |
 |
MALAYSIA | 3.5 % |
 |
CHILE | 2.7 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 5.1% | 19.7% | 18.8% | 1.6% | 3.0% | -- | 3.6% | Volatility | 17.0% | 16.7% | 16.4% | 18.9% | 21.8% | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.75 | 43% |
| MSCI EAFE | 0.94 | 71% |
| MSCI Emg Mkts | 1.02 | 81% |
Liquidity Measures
| Avg. volume (000) | 17 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.22% |
| ADV of underlying (mns) | $4,949 |
Technical Indicators
| Recent close | $20.40 |
| 30d moving avg. | $21.54 |
| Annualized volatility | 19.8% |
| Relative strength (RSI) | 49 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
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. ECOW |
Expenses vs. ECOW |
ALTAR Score™ vs. ECOW |
|---|---|---|---|---|
| EWT | iShares MSCI Taiwan ETF | 14.8% | -12 bp | -3.5% |
| ROAM | Hartford Multifactor Emerging Markets ETF | 14.4% | -26 bp | +6.7% |
| EEMD | AAM S&P Emerging Markets High Dividend Value ETF | 14.2% | -21 bp | +6.9% |
| FEM | First Trust Emerging Markets AlphaDEX Fund | 14.1% | +10 bp | +3.9% |
| FLTW | Franklin FTSE Taiwan ETF | 14.0% | -51 bp | -3.4% |
| JPEM | JPMorgan Diversified Return Emerging Markets Equity ETF | 13.7% | -26 bp | +1.4% |
| UEVM | VictoryShares Emerging Markets Value Momentum ETF | 13.7% | -25 bp | +3.2% |
| DEM | WisdomTree Emerging Markets High Dividend Fund | 12.5% | -7 bp | +9.8% |
| EMMF | WisdomTree Emerging Markets Multifactor Fund | 12.1% | -22 bp | -0.4% |
| EDOG | ALPS Emerging Sector Dividend Dogs ETF | 12.1% | -10 bp | +4.5% |
Risk and Returns: ECOW 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.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| 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 11/15/2024
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
ECOW
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.
ALTAR Score™
ECOW
9.2%
Cat. Avg
7.8%
ALTAR Score™ Calculation
Category Overview
There are 165 funds in the Emerging Equity category, with an average ALTAR Score™
of 7.8% and a standard deviation of
4.1%. ECOW's ALTAR Score™ is approximately
0.4 standard deviations
above
the category average. This places ECOW in the 64th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ECOWSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based Emerging Market Equity ETFs |
| # of ETFs | 103 |
| Avg. Expense Ratio | 64.6 bp |
| Std. Deviation | 29 bp |
| ECOW (70 bp) Percentile rank | 58 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| ECOW | 70.0 | 21.7 | 91.7 |
| Peer Avg. | 47.4 | 39.4 | 86.9 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .