COWZ vs XLK: Holdings Overlap
COWZPacer US Cash Cows 100 ETF
Pacer · 100 holdings · $18.8B · as of 2026-04-30
XLKState Street® Technology Select Sector SPDR® ETF
State Street (SPDR) · 73 holdings · $122.8B · as of 2026-08-06
Holdings snapshots are 98 days apart (COWZ: 2026-04-30, XLK: 2026-08-06). 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 XLK?
Pacer US Cash Cows 100 ETF (COWZ, by Pacer) holds 100 positions; State Street® Technology Select Sector SPDR® ETF (XLK, by State Street (SPDR)) holds 73. They have 19 holdings in common, and by portfolio weight the two funds are 7.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 7.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19COWZ holds 100 · XLK holds 73
- Weight in Shared Holdings
- COWZ 18%·XLK 7%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
81 of 100 positions (82.0% of the fund) are not held by XLK. Showing the top 30 by weight.
Sector Breakdown
| Sector | COWZ | XLK |
|---|---|---|
| Information Technology | 19.4% | 99.9% |
| Health Care | 21.0% | 0.0% |
| Energy | 16.4% | 0.0% |
| Industrials | 11.7% | 0.0% |
| Consumer Discretionary | 9.8% | 0.0% |
| Other Sectors | 21.5% | 0.0% |
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% |
| XLK | +4.9% | +30.9% | +43.5% | +30.7% | +20.3% | +24.4% | 0.42% |
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 XLK →
Shared Holdings(19)
The top 10 shared positions account for 79% of the overlap, led by QCOM, CRM and ADBE.
 QCOMQUALCOMM Inc. COM | 2.67% | 1.12% | 1.12% |
|---|---|---|---|
 CRMSalesforce Inc. COM | 1.76% | 1.01% | 1.01% |
 ADBEAdobe Inc COM | 1.75% | 0.69% | 0.69% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 1.68% | 0.69% | 0.69% |
 INTUIntuit Inc COM | 1.63% | 0.59% | 0.59% |
 ADSKAutodesk Inc COM | 0.72% | 0.34% | 0.34% |
 FLEXFlex Ltd. COM USD0.01 | 0.59% | 0.30% | 0.30% |
 ROPRoper Technologies Inc COM | 0.78% | 0.26% | 0.26% |
 NTAPNetApp Inc. COM | 0.59% | 0.25% | 0.25% |
 JBLJabil Inc COM | 0.55% | 0.24% | 0.24% |
 WDAYWorkday, Inc., Class A | 0.75% | 0.23% | 0.23% |
 ONON Semiconductor Corp. COM | 0.84% | 0.20% | 0.20% |
 CTSHCognizant Technology Solutions Corp., Class A | 0.69% | 0.18% | 0.18% |
 FSLRFirst Solar Inc COM | 0.42% | 0.17% | 0.17% |
 HPQHP Inc COM | 1.02% | 0.17% | 0.17% |
 VRSNVerisign, Inc. COM | 0.39% | 0.16% | 0.16% |
 FFIVF5 Inc COM | 0.32% | 0.15% | 0.15% |
 CDWCDW Corp COM | 0.40% | 0.12% | 0.12% |
 PTCPTC Inc COM | 0.25% | 0.11% | 0.11% |
Frequently Asked Questions
How much do COWZ and XLK overlap?
COWZ and XLK overlap by 7.0% of portfolio weight. They share 19 holdings (COWZ holds 100 positions and XLK holds 73), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COWZ and XLK?
The two portfolios are 7.0% 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 XLK?
The largest positions held by both funds are QCOM, CRM, ADBE, ACN and INTU. Together the top 10 shared positions account for 79% of the total overlap.
What does COWZ own that XLK doesn't?
81 positions (82.0% of COWZ) are unique to COWZ, led by MO, COP and CVS. In the other direction, 54 positions (93.0% of XLK) are unique to XLK.