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FXLvsCOWGETF Comparison

ETF 1

FXL

First Trust Technology AlphaDEX Fund ETF

This fund is part of

US Info. Technology

+0.78%

Full FXL fund page

VS

ETF 2

COWG

Pacer US Large Cap Cash Cows Growth Leaders ETF

This fund is part of

US Multi-Factor

-0.05%

Full COWG fund page

First Trust Technology AlphaDEX Fund ETF (FXL) belongs to the US Info. Technology segment. Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is part of the US Multi-Factor segment. FXL's top 3 sector exposures are Information Technology, Industrials and Communication Services. In contrast, COWG's top sector exposures are Information Technology, Health Care and Energy. FXL is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.49% for COWG. FXL is up 7.46% year-to-date (YTD) with -$67M in YTD flows. COWG performs worse with 1.83% YTD performance, and -$307M in YTD flows. Run a side-by-side ETF comparison of FXL and COWG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FXL vs COWG performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FXL COWG	+18.51%+9.27%	+2.48%-1.13%	+7.46%+1.83%	+33.01%+13.15%	+84.12%+79.77%	+50.31%n/a
Flows	FXL COWG	-$33M-$70M	-$50M-$258M	-$67M-$307M	-$128M+$563M	-$342M+$1.92B	-$1.68B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FXL COWG	+27.83%+20.39%	+21.89%+16.60%	+23.71%+19.67%	+25.55%n/a
Max drawdown	FXL COWG	-13.53%-9.52%	-13.53%-10.75%	-28.19%-23.66%	-38.56%n/a
Max drawdown duration	FXL COWG	77d77d	77d203d	156d204d	821dn/a

Trading data

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	FXL	COWG
Last sale 4/30/2026 at 1:30 PM	$185.44	$36.34
Previous close 04/29/2026	$182.66	$35.82
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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	FXL	COWG
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/30/2026 at 1:30 PM

Live

Closed

	FXL	COWG
Last price	$185.44	$36.34
1D performance	+1.52%	+1.45%
AuM	$1.45 B	$2.17 B
E/R	0.6%	0.49%

Characteristics

	FXL	COWG
Management strategy	Passive	Passive
Provider	First Trust	PACER ETFs
Benchmark	StrataQuant Technology Index	Pacer US Large Cap Cash Cows Growth Leaders Index
N° of holdings	96	94
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	May 8, 2007	December 21, 2022
ESG	No	No

More FXL data on Trackinsight

More COWG data on Trackinsight

Exposure

Countries

FXL

USA

94.66%

Other

5.34%

COWG

USA

96.39%

Other

3.61%

Sectors

FXL

Information Techn.

79.52%

Industrials

9.6%

Other

10.88%

COWG

Information Techn.

40.39%

Health Care

23.11%

Energy

7.98%

Other

28.52%

Diversification

FXL

Total weight of top 15 holdings out of 15

30.14%

COWG

Total weight of top 15 holdings out of 15

33.6%

Top 15 holdings

Data as of March 31, 2026

FXL

VERTIV HOLDINGS

2.76%

APPLIED MATERIAL

2.38%

MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC

2.31%

ARROW ELECTRONICS

2.30%

US5128073062

2.24%

KLA CORPORATION

2.16%

CIRRUS LOGIC

2.14%

AKAMAI TECHNOLOGIES

1.83%

AVNET

1.81%

MICRON TECHNOLOGY

1.78%

TD SYNNEX

1.71%

MONOLITHIC POWER SYSTEMS

1.71%

ADVANCED MICRO DEVICES

1.69%

SCIENCE APPLICATIONS INTERNATIONAL CORP

1.67%

JABIL CIRCUIT

1.65%

COWG

US5128073062

3.81%

ONTO INNOVATION INC

3.32%

SOUTHERN COPPER CORPORATION

3.23%

UTD THERAPEUT

2.87%

KLA CORPORATION

2.61%

NEWMONT CORP

2.25%

TEXAS PACIFIC LAND CORP

2.13%

JAZZ PHARMACEUTICALS

1.99%

ANALOG DEVICES

1.74%

MONOLITHIC POWER SYSTEMS

1.68%

REGENERON PHARMACEUTICALS

1.64%

CLEARWAY ENERGY INC

1.60%

BRISTOL-MYERS SQUIBB

1.60%

ROYALTY PHARMA

1.57%

DT MIDSTREAM INC

1.56%

Frequently asked questions about FXL and COWG

How have the FXL and COWG ETFs performed in 2026?

As of April 28, 2026, FXL is up 7.46% year-to-date (YTD), while COWG has returned 1.83%. That puts FXL better performer ahead so far this year.

Which ETF is attracting more investor money: FXL or COWG?

Year-to-date, the FXL ETF saw -$67M in flows, compared to -$307M for COWG.

Which ETF is more volatile: FXL or COWG?

Over the past year, FXL had a volatility of 21.89%, while COWG experienced 16.6%.

Which ETF is bigger: FXL or COWG?

As of April 28, 2026, FXL holds $1.45 B in assets under management (AUM), while COWG manages $2.17 B.

What sectors do the FXL and COWG ETFs invest in?

FXL leans toward sectors like Information Technology and Industrials. Meanwhile, COWG focuses on Information Technology, Health Care and Energy.

What are the top holdings of the FXL ETF and COWG ETF?

FXL top holdings include VERTIV HOLDINGS, APPLIED MATERIAL and MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC. COWG holds in its top three: US5128073062, ONTO INNOVATION INC and SOUTHERN COPPER CORPORATION.

Which ETF is more diversified: FXL or COWG?

FXL holds 102 securities with 30.14% of its assets in the top 15. COWG has 100 securities and a top 15 weight of 33.6%.

Pacer Cash Cows ETFs: Investing in Quality Stocks

April 28, 2023

COWG

FXLvsCOWGETF Comparison

First Trust Technology AlphaDEX Fund ETF

Pacer US Large Cap Cash Cows Growth Leaders ETF

FXL vs COWG performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FXL and COWG ETFs performed in 2026?

As of April 28, 2026, FXL is up 7.46% year-to-date (YTD), while COWG has returned 1.83%. That puts FXL better performer ahead so far this year.

Which ETF is attracting more investor money: FXL or COWG?

Year-to-date, the FXL ETF saw -$67M in flows, compared to -$307M for COWG.

Which ETF is more volatile: FXL or COWG?

Over the past year, FXL had a volatility of 21.89%, while COWG experienced 16.6%.

Which ETF is bigger: FXL or COWG?

As of April 28, 2026, FXL holds $1.45 B in assets under management (AUM), while COWG manages $2.17 B.

What sectors do the FXL and COWG ETFs invest in?

FXL leans toward sectors like Information Technology and Industrials. Meanwhile, COWG focuses on Information Technology, Health Care and Energy.

What are the top holdings of the FXL ETF and COWG ETF?

FXL top holdings include VERTIV HOLDINGS, APPLIED MATERIAL and MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC. COWG holds in its top three: US5128073062, ONTO INNOVATION INC and SOUTHERN COPPER CORPORATION.

Which ETF is more diversified: FXL or COWG?

FXL holds 102 securities with 30.14% of its assets in the top 15. COWG has 100 securities and a top 15 weight of 33.6%.

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