COWZ vs XLV: Holdings Overlap
COWZPacer US Cash Cows 100 ETF
Pacer · 100 holdings · $18.8B · as of 2026-04-30
XLVState Street® Health Care Select Sector SPDR® ETF
State Street (SPDR) · 61 holdings · $41.9B · as of 2026-08-06
Holdings snapshots are 98 days apart (COWZ: 2026-04-30, XLV: 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 XLV?
Pacer US Cash Cows 100 ETF (COWZ, by Pacer) holds 100 positions; State Street® Health Care Select Sector SPDR® ETF (XLV, by State Street (SPDR)) holds 61. They have 18 holdings in common, and by portfolio weight the two funds are 17.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 18COWZ holds 100 · XLV holds 61
- Weight in Shared Holdings
- COWZ 20%·XLV 20%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
82 of 100 positions (80.2% of the fund) are not held by XLV. Showing the top 30 by weight.
Sector Breakdown
| Sector | COWZ | XLV |
|---|---|---|
| Health Care | 21.0% | 99.8% |
| Information Technology | 19.4% | 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% |
| XLV | +0.8% | +7.9% | +30.7% | +9.2% | +6.2% | +10.0% | 1.53% |
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 XLV →
Shared Holdings(18)
The top 10 shared positions account for 82% of the overlap, led by CVS, BMY and PFE.
 CVSCVS Health Corp COM | 2.16% | 2.07% | 2.07% |
|---|---|---|---|
 BMYBristol-Myers Squibb Company COM | 2.03% | 2.21% | 2.03% |
 PFEPfizer Inc. COM | 1.99% | 2.52% | 1.99% |
 GILDGilead Sciences Inc. COM | 1.83% | 2.74% | 1.83% |
 MCKMckesson Corp. COM | 1.79% | 1.76% | 1.76% |
 REGNRegeneron Pharmaceuticals, Inc. COM | 1.17% | 1.30% | 1.17% |
 HCAHCA Healthcare Inc COM | 1.64% | 1.07% | 1.07% |
 CORCencora Inc COM | 1.03% | 1.06% | 1.03% |
 CAHCardinal Health, Inc. COM | 1.62% | 0.94% | 0.94% |
 IQVIQVIA Holdings Inc. COM | 0.62% | 0.65% | 0.62% |
 BIIBBiogen Inc COM | 0.67% | 0.51% | 0.51% |
 RMDResMed Inc. COM | 0.50% | 0.55% | 0.50% |
 DGXQuest Diagnostics Incorporated COM | 0.44% | 0.44% | 0.44% |
 LHLabcorp Holdings Inc COM SHS | 0.38% | 0.44% | 0.38% |
 VEEVVeeva Systems, Inc., Class A | 0.36% | 0.55% | 0.36% |
 INCYIncyte Corporation. COM | 0.44% | 0.33% | 0.33% |
 VTRSViatris Inc COM | 0.65% | 0.32% | 0.32% |
 ZBHZimmer Biomet Holdings Inc COM | 0.32% | 0.32% | 0.32% |
Frequently Asked Questions
How much do COWZ and XLV overlap?
COWZ and XLV overlap by 17.7% of portfolio weight. They share 18 holdings (COWZ holds 100 positions and XLV holds 61), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COWZ and XLV?
The two portfolios are 17.7% 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 XLV?
The largest positions held by both funds are CVS, BMY, PFE, GILD and MCK. Together the top 10 shared positions account for 82% of the total overlap.
What does COWZ own that XLV doesn't?
82 positions (80.2% of COWZ) are unique to COWZ, led by QCOM, MO and COP. In the other direction, 43 positions (80.0% of XLV) are unique to XLV.