VFLO vs COWZ: Holdings Overlap
VFLOVictoryShares Free Cash Flow ETF
VictoryShares · 50 holdings · $9.6B · as of 2026-03-31
COWZPacer US Cash Cows 100 ETF
Pacer · 100 holdings · $18.8B · as of 2026-04-30
Holdings snapshots are 30 days apart (VFLO: 2026-03-31, COWZ: 2026-04-30). 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 VFLO and COWZ?
VictoryShares Free Cash Flow ETF (VFLO, by VictoryShares) holds 50 positions; Pacer US Cash Cows 100 ETF (COWZ, by Pacer) holds 100. They have 31 holdings in common, and by portfolio weight the two funds are 31.0% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 31.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 31VFLO holds 50 · COWZ holds 100
- Weight in Shared Holdings
- VFLO 63%·COWZ 31%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 VFLO
19 of 50 positions (36.6% of the fund) are not held by COWZ.
Sector Breakdown
| Sector | VFLO | COWZ |
|---|---|---|
| Information Technology | 30.0% | 19.4% |
| Health Care | 17.6% | 21.0% |
| Consumer Discretionary | 17.9% | 9.8% |
| Energy | 12.8% | 16.4% |
| Industrials | 10.1% | 11.7% |
| Other Sectors | 11.1% | 21.5% |
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 |
|---|---|---|---|---|---|---|---|
| VFLO | +8.6% | +31.3% | +51.6% | +26.1% | — | — | 1.09% |
| COWZ | +7.8% | +15.6% | +28.0% | +12.8% | +11.6% | — | 1.79% |
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 VFLO vs COWZ →
Shared Holdings(31)
The top 10 shared positions account for 58% of the overlap, led by UBER, FANG and NEM.
 UBERUber Technologies Inc COM | 2.53% | 2.00% | 2.00% |
|---|---|---|---|
 FANGDiamondback Energy Inc COM | 2.39% | 1.98% | 1.98% |
 NEMNewmont Corporation COM | 2.55% | 1.93% | 1.93% |
 BKNGBooking Holdings Inc COM | 2.59% | 1.87% | 1.87% |
 SLBSLB Ltd. COM USD0.01 | 2.00% | 1.83% | 1.83% |
 CRMSalesforce Inc. COM | 3.25% | 1.76% | 1.76% |
 ADBEAdobe Inc COM | 3.08% | 1.75% | 1.75% |
 ACNAccenture PLC CLS'A'USD0.0000225 | 3.27% | 1.68% | 1.68% |
 ABNBAirbnb, Inc., Class A | 1.99% | 1.62% | 1.62% |
 DALDelta Air Lines Inc. COM NEW | 2.45% | 1.47% | 1.47% |
 ADPAutomatic Data Processing, Inc. COM | 1.73% | 1.30% | 1.30% |
 EXPEExpedia Group Inc COM NEW | 2.70% | 1.03% | 1.03% |
 EQTEQT Corporation COM | 1.68% | 0.92% | 0.92% |
 ONON Semiconductor Corp. COM | 1.48% | 0.84% | 0.84% |
 OMCOmnicom Group Inc COM | 3.35% | 0.84% | 0.84% |
 ZMZoom Communications, Inc., Class A | 2.76% | 0.80% | 0.80% |
 WDAYWorkday, Inc., Class A | 2.02% | 0.75% | 0.75% |
 CTSHCognizant Technology Solutions Corp., Class A | 2.21% | 0.69% | 0.69% |
 THCTenet Healthcare Corporation COM NEW | 1.57% | 0.63% | 0.63% |
 CTRACoterra Energy Inc COM | 2.14% | 0.63% | 0.63% |
 NTAPNetApp Inc. COM | 1.78% | 0.59% | 0.59% |
 PAYXPaychex Inc COM | 1.29% | 0.58% | 0.58% |
 EXEExpand Energy Corp. COM | 2.33% | 0.52% | 0.52% |
 LDOSLeidos Holdings Inc COM | 1.06% | 0.45% | 0.45% |
 INCYIncyte Corporation. COM | 2.22% | 0.44% | 0.44% |
Frequently Asked Questions
How much do VFLO and COWZ overlap?
VFLO and COWZ overlap by 31.0% of portfolio weight. They share 31 holdings (VFLO holds 50 positions and COWZ holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both VFLO and COWZ?
The two portfolios are 31.0% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of VFLO and COWZ?
The largest positions held by both funds are UBER, FANG, NEM, BKNG and SLB. Together the top 10 shared positions account for 58% of the total overlap.
What does VFLO own that COWZ doesn't?
19 positions (36.6% of VFLO) are unique to VFLO, led by CI, DELL and MRK. In the other direction, 69 positions (68.8% of COWZ) are unique to COWZ.