COWZ vs SCHX: Holdings Overlap
COWZPacer US Cash Cows 100 ETF
Pacer · 100 holdings · $18.8B · as of 2026-04-30
Schwab · 748 holdings · $74.3B · as of 2026-05-31
Holdings snapshots are 31 days apart (COWZ: 2026-04-30, SCHX: 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 SCHX?
Pacer US Cash Cows 100 ETF (COWZ, by Pacer) holds 100 positions; Schwab U.S. Large-Cap ETF (SCHX, by Schwab) holds 748. They have 99 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
- 99COWZ holds 100 · SCHX holds 748
- Weight in Shared Holdings
- COWZ 99%·SCHX 8%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
Sector Breakdown
| Sector | COWZ | SCHX |
|---|---|---|
| Information Technology | 19.4% | 37.4% |
| Health Care | 21.0% | 8.4% |
| Energy | 16.4% | 3.2% |
| Industrials | 11.7% | 9.1% |
| Financials | 0.0% | 11.4% |
| Other Sectors | 31.4% | 30.4% |
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% |
| SCHX | +3.5% | +14.0% | +23.2% | +21.2% | +12.8% | +15.3% | 0.99% |
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 SCHX →
Shared Holdings(99)
The top 10 shared positions account for 31% of the overlap, led by QCOM, VZ and CRM.
 QCOMQUALCOMM Inc | 2.67% | 0.39% | 0.39% |
|---|---|---|---|
 VZVerizon Communications Inc | 1.90% | 0.29% | 0.29% |
 CRMSalesforce Inc | 1.76% | 0.26% | 0.26% |
 TAT&T Inc | 1.84% | 0.25% | 0.25% |
 GILDGilead Sciences Inc | 1.83% | 0.24% | 0.24% |
 PFEPfizer Inc | 1.99% | 0.22% | 0.22% |
 UBERUber Technologies Inc | 2.00% | 0.21% | 0.21% |
 COPConocoPhillips | 2.17% | 0.20% | 0.20% |
 BKNGBooking Holdings Inc | 1.87% | 0.20% | 0.20% |
 NEMNewmont Corp | 1.93% | 0.18% | 0.18% |
 MOAltria Group Inc | 2.20% | 0.17% | 0.17% |
 BMYBristol-Myers Squibb Co | 2.03% | 0.17% | 0.17% |
 CVSCVS Health Corp | 2.16% | 0.17% | 0.17% |
 ACNAccenture PLC | 1.68% | 0.17% | 0.17% |
 ADBEAdobe Inc | 1.75% | 0.16% | 0.16% |
 INTUIntuit Inc | 1.63% | 0.13% | 0.13% |
 MCKMcKesson Corp | 1.79% | 0.13% | 0.13% |
 ADPAutomatic Data Processing Inc | 1.30% | 0.13% | 0.13% |
 CMCSAComcast Corp | 1.71% | 0.13% | 0.13% |
 TMUST-Mobile US Inc | 1.78% | 0.13% | 0.13% |
 SLBSLB Ltd | 1.83% | 0.12% | 0.12% |
 UPSUnited Parcel Service Inc | 1.68% | 0.12% | 0.12% |
 VLOValero Energy Corp | 1.47% | 0.11% | 0.11% |
 MPCMarathon Petroleum Corp | 1.78% | 0.11% | 0.11% |
 CLColgate-Palmolive Co | 1.10% | 0.11% | 0.11% |
Frequently Asked Questions
How much do COWZ and SCHX overlap?
COWZ and SCHX overlap by 7.9% of portfolio weight. They share 99 holdings (COWZ holds 100 positions and SCHX holds 748), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COWZ and SCHX?
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 SCHX?
The largest positions held by both funds are QCOM, VZ, CRM, T and GILD. Together the top 10 shared positions account for 31% of the total overlap.
What does COWZ own that SCHX doesn't?
1 positions (0.6% of COWZ) are unique to COWZ, led by CTRA. In the other direction, 649 positions (92.0% of SCHX) are unique to SCHX.