COWZ vs USMV: Holdings Overlap
COWZPacer US Cash Cows 100 ETF
Pacer · 100 holdings · $18.8B · as of 2026-04-30
USMViShares MSCI USA Min Vol Factor ETF
iShares · 170 holdings · $24.1B · as of 2026-04-30
How similar are COWZ and USMV?
Pacer US Cash Cows 100 ETF (COWZ, by Pacer) holds 100 positions; iShares MSCI USA Min Vol Factor ETF (USMV, by iShares) holds 170. They have 36 holdings in common, and by portfolio weight the two funds are 18.8% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 18.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 36COWZ holds 100 · USMV holds 170
- Weight in Shared Holdings
- COWZ 41%·USMV 21%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
64 of 100 positions (58.9% of the fund) are not held by USMV. Showing the top 30 by weight.
Sector Breakdown
| Sector | COWZ | USMV |
|---|---|---|
| Information Technology | 19.4% | 29.2% |
| Health Care | 21.0% | 12.7% |
| Energy | 16.4% | 3.5% |
| Financials | 0.0% | 13.7% |
| Industrials | 11.7% | 6.9% |
| Other Sectors | 31.4% | 33.8% |
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% |
| USMV | +2.3% | +7.6% | +10.3% | +12.2% | +7.4% | +9.9% | 1.44% |
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 USMV →
Shared Holdings(36)
The top 10 shared positions account for 56% of the overlap, led by VZ, MCK and NEM.
 VZVerizon Communications Inc. COM | 1.90% | 1.49% | 1.49% |
|---|---|---|---|
 MCKMckesson Corp. COM | 1.79% | 1.30% | 1.30% |
 NEMNewmont Corporation COM | 1.93% | 1.18% | 1.18% |
 TMUST-Mobile US Inc COM | 1.78% | 1.16% | 1.16% |
 CORCencora Inc COM | 1.03% | 1.28% | 1.03% |
 TAT&T Inc COM | 1.84% | 0.99% | 0.99% |
 CLColgate-Palmolive Co. COM | 1.10% | 0.89% | 0.89% |
 CRMSalesforce Inc. COM | 1.76% | 0.88% | 0.88% |
 GILDGilead Sciences Inc. COM | 1.83% | 0.82% | 0.82% |
 ROPRoper Technologies Inc COM | 0.78% | 0.93% | 0.78% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 1.68% | 0.75% | 0.75% |
 INTUIntuit Inc COM | 1.63% | 0.70% | 0.70% |
 ADSKAutodesk Inc COM | 0.72% | 0.67% | 0.67% |
 ADBEAdobe Inc COM | 1.75% | 0.57% | 0.57% |
 CTSHCognizant Technology Solutions Corp., Class A | 0.69% | 0.52% | 0.52% |
 INCYIncyte Corporation. COM | 0.44% | 0.54% | 0.44% |
 EXEExpand Energy Corp. COM | 0.52% | 0.41% | 0.41% |
 VRSNVerisign, Inc. COM | 0.39% | 0.76% | 0.39% |
 WDAYWorkday, Inc., Class A | 0.75% | 0.38% | 0.38% |
 FSLRFirst Solar Inc COM | 0.42% | 0.38% | 0.38% |
 CHDChurch & Dwight Co Inc. COM | 0.35% | 0.59% | 0.35% |
 FFIVF5 Inc | 0.32% | 0.63% | 0.32% |
 CTVACorteva Inc COM | 0.98% | 0.29% | 0.29% |
 UBERUber Technologies Inc COM | 2.00% | 0.29% | 0.29% |
 ZMZoom Communications, Inc., Class A | 0.80% | 0.25% | 0.25% |
Frequently Asked Questions
How much do COWZ and USMV overlap?
COWZ and USMV overlap by 18.8% of portfolio weight. They share 36 holdings (COWZ holds 100 positions and USMV holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COWZ and USMV?
The two portfolios are 18.8% 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 USMV?
The largest positions held by both funds are VZ, MCK, NEM, TMUS and COR. Together the top 10 shared positions account for 56% of the total overlap.
What does COWZ own that USMV doesn't?
64 positions (58.9% of COWZ) are unique to COWZ, led by MO, COP and CVS. In the other direction, 134 positions (79.2% of USMV) are unique to USMV.