COWZ vs NOBL: Holdings Overlap
COWZPacer US Cash Cows 100 ETF
Pacer · 100 holdings · $18.8B · as of 2026-04-30
NOBLProShares S&P 500 Dividend Aristocrats ETF
ProShares · 69 holdings · $11.9B · as of 2026-05-31
Holdings snapshots are 31 days apart (COWZ: 2026-04-30, NOBL: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are COWZ and NOBL?
Pacer US Cash Cows 100 ETF (COWZ, by Pacer) holds 100 positions; ProShares S&P 500 Dividend Aristocrats ETF (NOBL, by ProShares) holds 69. They have 8 holdings in common, and by portfolio weight the two funds are 7.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8COWZ holds 100 · NOBL holds 69
- Weight in Shared Holdings
- COWZ 8%·NOBL 12%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
92 of 100 positions (91.7% of the fund) are not held by NOBL. Showing the top 30 by weight.
Sector Breakdown
| Sector | COWZ | NOBL |
|---|---|---|
| Consumer Staples | 9.6% | 23.5% |
| Industrials | 11.7% | 21.8% |
| Health Care | 21.0% | 10.2% |
| Information Technology | 19.4% | 3.0% |
| Energy | 16.4% | 2.9% |
| Other Sectors | 21.8% | 38.4% |
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% |
| NOBL | +1.6% | +13.4% | +15.9% | +9.0% | +6.9% | +10.0% | 1.99% |
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 NOBL →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by ADM, CAH and ADP.
 ADMArcher-Daniels-Midland Co. | 1.55% | 1.67% | 1.55% |
|---|---|---|---|
 CAHCardinal Health, Inc. | 1.62% | 1.41% | 1.41% |
 ADPAutomatic Data Processing, Inc. | 1.30% | 1.60% | 1.30% |
 CLColgate-Palmolive Co. | 1.10% | 1.61% | 1.10% |
 TGTTarget Corp. | 1.07% | 1.41% | 1.07% |
 ROPRoper Technologies, Inc. | 0.78% | 1.31% | 0.78% |
 CHDChurch & Dwight Co., Inc. | 0.35% | 1.50% | 0.35% |
 EXPDExpeditors International of Washington, Inc. | 0.32% | 1.53% | 0.32% |
Frequently Asked Questions
How much do COWZ and NOBL overlap?
COWZ and NOBL overlap by 7.9% of portfolio weight. They share 8 holdings (COWZ holds 100 positions and NOBL holds 69), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COWZ and NOBL?
The two portfolios are 7.9% 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 NOBL?
The largest positions held by both funds are ADM, CAH, ADP, CL and TGT. Together the top 8 shared positions account for 100% of the total overlap.
What does COWZ own that NOBL doesn't?
92 positions (91.7% of COWZ) are unique to COWZ, led by QCOM, MO and COP. In the other direction, 61 positions (87.6% of NOBL) are unique to NOBL.