COWZ vs MTUM: Holdings Overlap
COWZPacer US Cash Cows 100 ETF
Pacer · 100 holdings · $18.8B · as of 2026-04-30
MTUMiShares MSCI USA Momentum Factor ETF
iShares · 125 holdings · $26.3B · as of 2026-04-30
How similar are COWZ and MTUM?
Pacer US Cash Cows 100 ETF (COWZ, by Pacer) holds 100 positions; iShares MSCI USA Momentum Factor ETF (MTUM, by iShares) holds 125. They have 18 holdings in common, and by portfolio weight the two funds are 4.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 4.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18COWZ holds 100 · MTUM holds 125
- Weight in Shared Holdings
- COWZ 17%·MTUM 5%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
82 of 100 positions (83.1% of the fund) are not held by MTUM. Showing the top 30 by weight.
Sector Breakdown
| Sector | COWZ | MTUM |
|---|---|---|
| Information Technology | 19.4% | 44.3% |
| Health Care | 21.0% | 6.9% |
| Energy | 16.4% | 3.5% |
| Industrials | 11.7% | 15.6% |
| Financials | 0.0% | 10.3% |
| Other Sectors | 31.4% | 19.3% |
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% |
| MTUM | -1.0% | +23.8% | +27.7% | +29.4% | +12.8% | +16.1% | 0.60% |
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 MTUM →
Shared Holdings(18)
The top 10 shared positions account for 92% of the overlap, led by NEM, GILD and MCK.
 NEMNewmont Corporation COM | 1.93% | 1.17% | 1.17% |
|---|---|---|---|
 GILDGilead Sciences Inc. COM | 1.83% | 1.03% | 1.03% |
 MCKMckesson Corp. COM | 1.79% | 0.64% | 0.64% |
 HCAHCA Healthcare Inc COM | 1.64% | 0.38% | 0.38% |
 CAHCardinal Health, Inc. COM | 1.62% | 0.29% | 0.29% |
 CORCencora Inc COM | 1.03% | 0.28% | 0.28% |
 TPRTapestry Inc COM | 0.55% | 0.10% | 0.10% |
 DGDollar General Corporation COM | 0.61% | 0.08% | 0.08% |
 JBLJabil Inc COM | 0.55% | 0.08% | 0.08% |
 FLEXFlex Ltd. COM USD0.01 | 0.59% | 0.07% | 0.07% |
 EXPEExpedia Group Inc COM NEW | 1.03% | 0.06% | 0.06% |
 UTHRUnited Therapeutics Corporation COM | 0.41% | 0.05% | 0.05% |
 EQTEQT Corporation COM | 0.92% | 0.05% | 0.05% |
 EXPDExpeditors International Of Washington Inc. COM | 0.32% | 0.05% | 0.05% |
 DLTRDollar Tree Inc COM | 0.45% | 0.05% | 0.05% |
 BIIBBiogen Inc COM | 0.67% | 0.04% | 0.04% |
 DDDupont De Nemours Inc COM | 0.36% | 0.04% | 0.04% |
 FSLRFirst Solar Inc COM | 0.42% | 0.04% | 0.04% |
Frequently Asked Questions
How much do COWZ and MTUM overlap?
COWZ and MTUM overlap by 4.5% of portfolio weight. They share 18 holdings (COWZ holds 100 positions and MTUM holds 125), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COWZ and MTUM?
The two portfolios are 4.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of COWZ and MTUM?
The largest positions held by both funds are NEM, GILD, MCK, HCA and CAH. Together the top 10 shared positions account for 92% of the total overlap.
What does COWZ own that MTUM doesn't?
82 positions (83.1% of COWZ) are unique to COWZ, led by QCOM, MO and COP. In the other direction, 107 positions (95.3% of MTUM) are unique to MTUM.