COWZ vs FHLC: Holdings Overlap
COWZPacer US Cash Cows 100 ETF
Pacer · 100 holdings · $18.8B · as of 2026-04-30
FHLCFidelity MSCI Health Care Index ETF
Fidelity · 337 holdings · $3.3B · as of 2026-04-30
How similar are COWZ and FHLC?
Pacer US Cash Cows 100 ETF (COWZ, by Pacer) holds 100 positions; Fidelity MSCI Health Care Index ETF (FHLC, by Fidelity) holds 337. They have 21 holdings in common, and by portfolio weight the two funds are 17.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 21COWZ holds 100 · FHLC holds 337
- Weight in Shared Holdings
- COWZ 21%·FHLC 19%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in COWZ
79 of 100 positions (78.8% of the fund) are not held by FHLC. Showing the top 30 by weight.
Sector Breakdown
| Sector | COWZ | FHLC |
|---|---|---|
| Health Care | 21.0% | 99.6% |
| Information Technology | 19.4% | 0.0% |
| Energy | 16.4% | 0.0% |
| Industrials | 11.7% | 0.0% |
| Consumer Discretionary | 9.8% | 0.0% |
| Other Sectors | 21.5% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| COWZ | +7.8% | +15.6% | +28.0% | +12.8% | +11.6% | — | 1.79% |
| FHLC | +0.7% | +9.3% | +33.0% | +10.0% | +5.3% | +10.1% | 1.26% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in COWZ vs FHLC →
Shared Holdings(21)
The top 10 shared positions account for 79% of the overlap, led by BMY, PFE and GILD.
 BMYBristol-Myers Squibb Co | 2.03% | 1.99% | 1.99% |
|---|---|---|---|
 PFEPfizer Inc | 1.99% | 2.45% | 1.99% |
 GILDGilead Sciences Inc | 1.83% | 2.62% | 1.83% |
 CVSCVS Health Corp | 2.16% | 1.71% | 1.71% |
 MCKMcKesson Corp | 1.79% | 1.62% | 1.62% |
 REGNRegeneron Pharmaceuticals Inc | 1.17% | 1.18% | 1.17% |
 HCAHCA Healthcare Inc | 1.64% | 1.12% | 1.12% |
 CORCencora Inc | 1.03% | 0.92% | 0.92% |
 CAHCardinal Health Inc | 1.62% | 0.74% | 0.74% |
 RMDResMed Inc | 0.50% | 0.50% | 0.50% |
 BIIBBiogen Inc | 0.67% | 0.45% | 0.45% |
 IQVIQVIA Holdings Inc | 0.62% | 0.44% | 0.44% |
 UTHRUnited Therapeutics Corp | 0.41% | 0.38% | 0.38% |
 VEEVVeeva Systems Inc | 0.36% | 0.39% | 0.36% |
 DGXQuest Diagnostics Inc | 0.44% | 0.35% | 0.35% |
 LHLabcorp Holdings Inc | 0.38% | 0.34% | 0.34% |
 ILMNIllumina Inc | 0.31% | 0.31% | 0.31% |
 VTRSViatris Inc | 0.65% | 0.28% | 0.28% |
 ZBHZimmer Biomet Holdings Inc | 0.32% | 0.26% | 0.26% |
 INCYIncyte Corp | 0.44% | 0.26% | 0.26% |
 THCTenet Healthcare Corp | 0.63% | 0.25% | 0.25% |
Frequently Asked Questions
How much do COWZ and FHLC overlap?
COWZ and FHLC overlap by 17.3% of portfolio weight. They share 21 holdings (COWZ holds 100 positions and FHLC holds 337), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COWZ and FHLC?
The two portfolios are 17.3% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of COWZ and FHLC?
The largest positions held by both funds are BMY, PFE, GILD, CVS and MCK. Together the top 10 shared positions account for 79% of the total overlap.
What does COWZ own that FHLC doesn't?
79 positions (78.8% of COWZ) are unique to COWZ, led by QCOM, MO and COP. In the other direction, 316 positions (81.1% of FHLC) are unique to FHLC.