Core Insights - The article provides an overview of the Pacer US Cash Cows 100 ETF (COWZ), focusing on its strategy, performance, and fundamentals [1]. Group 1: Fund Overview - The Pacer US Cash Cows 100 ETF (COWZ) is designed to invest in U.S. companies that exhibit strong cash flow generation [1]. - The fund's performance and strategy were last reviewed on September 10, 2025, indicating a focus on long-term investment potential [1]. Group 2: Analyst Background - The author, known as The Sunday Investor, has a strong analytical background and has completed educational requirements for the Chartered Investment Manager designation [1]. - The Sunday Investor has developed a proprietary ETF Rankings system that evaluates nearly 1,000 ETFs based on various factors such as costs, liquidity, risk, and growth [1]. Group 3: Engagement and Resources - The Sunday Investor actively engages with readers in the comments section and encourages interaction through the website etf-rankings.com [1].

Core Insights - The US exchange-traded fund (ETF) market has experienced significant growth, surpassing $12.7 trillion, but not all funds have benefited, with notable asset losses in some ETFs [2][4] ETF Market Overview - The SPDR S&P 500 ETF Trust (SPY) and iShares Russell 2000 ETF (IWM) have lost $31 billion and $9 billion in assets under management (AUM) year to date, respectively [2] - The decline in AUM is attributed to tariff concerns and the availability of cheaper alternatives [2][3] Investor Behavior - Investors are making tactical trades into other market segments, influenced by dollar weakness and political climate concerns [3] - Institutional investors are increasingly shifting towards lower-cost alternatives like State Street's SPDR Portfolio S&P 500 ETF (SPLG) and Vanguard's S&P 500 ETF (VOO), which have significantly lower expense ratios compared to SPY and IWM [4] Sector Performance - The energy sector, represented by State Street's Energy Select Sector SPDR ETF (XLE), has seen massive outflows totaling $8.2 billion year to date, reflecting decreasing energy prices and a shift towards growth sectors [5] - Other ETFs with significant outflows include the iShares MSCI EAFE Growth ETF (EFG) with $7.9 billion and the Pacer US Cash Cows 100 ETF (COWZ) with $6.5 billion [6] Future Outlook - Despite current outflows, SPY is expected to remain a popular choice among institutional investors, particularly in the fourth quarter, due to its liquidity and status as a premium product [4]

Core Viewpoint - The Pacer US Cash Cows 100 ETF (COWZ) is a large-cap value ETF that has gained significant assets and aims to provide broad exposure to the large-cap value segment of the US equity market [1] Group 1: ETF Overview - Launched on December 16, 2016, COWZ has amassed over $19.57 billion in assets, making it one of the largest ETFs in its category [1] - The ETF is passively managed and designed to match the performance of the Pacer US Cash Cows 100 Index, which targets large and mid-cap U.S. companies with high free cash flow yields [7] Group 2: Investment Characteristics - Large-cap companies typically have market capitalizations above $10 billion and are known for their stability and predictable cash flows [2] - Value stocks, which COWZ focuses on, generally have lower price-to-earnings and price-to-book ratios, but they have historically outperformed growth stocks in the long term [3] Group 3: Costs and Performance - The ETF has an annual operating expense ratio of 0.49% and a 12-month trailing dividend yield of 2.07% [4] - COWZ has gained approximately 2.8% year-to-date and 6.16% over the past year, with a trading range between $47.46 and $61.35 in the last 52 weeks [7] Group 4: Sector Exposure and Holdings - The ETF has a significant allocation to the Healthcare sector, comprising about 20.1% of the portfolio, followed by Energy and Information Technology [5] - Nike Inc (NKE) is the largest individual holding at approximately 2.17% of total assets, with the top 10 holdings accounting for about 20.95% of total assets under management [6] Group 5: Alternatives and Market Position - COWZ carries a Zacks ETF Rank of 3 (Hold), indicating it is a viable option for investors seeking exposure to the large-cap value segment [9] - Other comparable ETFs include Schwab U.S. Dividend Equity ETF (SCHD) and Vanguard Value ETF (VTV), which have larger asset bases and lower expense ratios [10] Group 6: Investor Appeal - Passively managed ETFs like COWZ are increasingly favored by retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [11]