COWZ vs SKYY: Holdings Overlap
COWZPacer US Cash Cows 100 ETF
Pacer · 100 holdings · $18.8B · as of 2026-04-30
SKYYFirst Trust Cloud Computing ETF
First Trust · 62 holdings · $3.1B · as of 2026-03-31
Holdings snapshots are 30 days apart (COWZ: 2026-04-30, SKYY: 2026-03-31). 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 SKYY?
Pacer US Cash Cows 100 ETF (COWZ, by Pacer) holds 100 positions; First Trust Cloud Computing ETF (SKYY, by First Trust) holds 62. They have 8 holdings in common, and by portfolio weight the two funds are 6.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8COWZ holds 100 · SKYY holds 62
- Weight in Shared Holdings
- COWZ 8%·SKYY 10%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 (91.8% of the fund) are not held by SKYY. Showing the top 30 by weight.
Sector Breakdown
| Sector | COWZ | SKYY |
|---|---|---|
| Information Technology | 19.4% | 82.6% |
| Health Care | 21.0% | 0.6% |
| Energy | 16.4% | 0.0% |
| Industrials | 11.7% | 0.6% |
| Consumer Discretionary | 9.8% | 3.7% |
| Other Sectors | 21.5% | 9.3% |
| Unclassified | 0.0% | 3.1% |
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. “Unclassified” is weight we could not classify (0% of COWZ, 3% of SKYY).
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% |
| SKYY | +12.3% | +20.1% | +27.6% | +25.7% | +8.0% | +17.1% | — |
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 SKYY →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by CRM, ADBE and ZM.
 CRMSalesforce Inc. COM | 1.76% | 1.78% | 1.76% |
|---|---|---|---|
 ADBEAdobe Inc COM | 1.75% | 1.72% | 1.72% |
 ZMZoom Communications Inc. CL A | 0.80% | 0.67% | 0.67% |
 INTUIntuit Inc COM | 1.63% | 0.65% | 0.65% |
 WDAYWorkday Inc CL A | 0.75% | 0.60% | 0.60% |
 NTAPNetApp Inc. COM | 0.59% | 1.92% | 0.59% |
 TWLOTwilio Inc CL A | 0.36% | 1.93% | 0.36% |
 VEEVVeeva Systems Inc CL A COM | 0.36% | 0.60% | 0.36% |
Frequently Asked Questions
How much do COWZ and SKYY overlap?
COWZ and SKYY overlap by 6.7% of portfolio weight. They share 8 holdings (COWZ holds 100 positions and SKYY holds 62), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COWZ and SKYY?
The two portfolios are 6.7% 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 SKYY?
The largest positions held by both funds are CRM, ADBE, ZM, INTU and WDAY. Together the top 8 shared positions account for 100% of the total overlap.
What does COWZ own that SKYY doesn't?
92 positions (91.8% of COWZ) are unique to COWZ, led by QCOM, MO and COP. In the other direction, 54 positions (90.1% of SKYY) are unique to SKYY.