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QOWZvsCOWGETF Comparison

ETF 1

QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

This fund is part of

US Multi-Factor

-0.34%

Full QOWZ fund page

VS

ETF 2

COWG

Pacer US Large Cap Cash Cows Growth Leaders ETF

This fund is part of

US Multi-Factor

-0.34%

Full COWG fund page

Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) and Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) belong to the same industry segment: US Multi-Factor. QOWZ's top 3 sector exposures are Technology, Business Services and Healthcare. In contrast, COWG's top sector exposures are Technology, Healthcare and Energy. QOWZ is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.49% for COWG. QOWZ is up 0.96% year-to-date (YTD) with -$4M in YTD flows. COWG performs better with 11.98% YTD performance, and -$392M in YTD flows. Run a side-by-side ETF comparison of QOWZ 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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QOWZ 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 09/09/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	QOWZ COWG	-3.42%+0.12%	+5.63%+3.19%	+0.96%+11.98%	+0.10%+10.52%	n/a+77.84%	n/an/a
Flows	QOWZ COWG	-$2M+$3M	-$2M-$45M	-$4M-$392M	-$5M-$373M	-+$1.82B	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	QOWZ COWG	+16.44%+21.78%	+16.30%+18.80%	n/a+20.18%	n/an/a
Max drawdown	QOWZ COWG	-5.69%-8.07%	-17.83%-10.75%	n/a-23.66%	n/an/a
Max drawdown duration	QOWZ COWG	13d43d	282d208d	n/a204d	n/an/a

Trading data

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	QOWZ	COWG
Last sale 9/9/2026 at 1:30 PM	$36.09	$39.17
Previous close 09/09/2026	$36.48	$39.27
Consolidated volume 09/09/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of August 31, 2026

1-year trailing difference

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

Main metrics

Last update 9/9/2026 at 1:30 PM

Live

Closed

	QOWZ	COWG
Last price	$36.09	$39.17
1D performance	-1.08%	-0.24%
AuM	$10.10 M	$2.28 B
E/R	0.39%	0.49%

Characteristics

	QOWZ	COWG
Management strategy	Passive	Passive
Provider	Invesco	PACER ETFs
Benchmark	Nasdaq US Free Cash Flow Achievers Index	Pacer US Large Cap Cash Cows Growth Leaders Index
N° of holdings	50	100
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 5, 2023	December 21, 2022
ESG	No	No

More QOWZ data on Trackinsight

More COWG data on Trackinsight

Exposure

Countries

QOWZ

USA

98.32%

Other

1.68%

COWG

USA

98.52%

Other

1.48%

Sectors

QOWZ

Technology

51.99%

Business Services

12.88%

Healthcare

10.87%

Industrials

9.55%

Other

14.71%

COWG

Technology

56.98%

Healthcare

14.51%

Other

28.51%

Diversification

QOWZ

Total weight of top 15 holdings out of 15

50.71%

COWG

Total weight of top 15 holdings out of 15

37.32%

Top 15 holdings

Data as of July 31, 2026

QOWZ

NVIDIA Corp.

8.87%

Broadcom Inc.

6.06%

Mastercard, Inc.

4.87%

KLA Corp.

3.14%

Automatic Data Processing, Inc.

3.07%

Salesforce, Inc.

2.98%

Fortinet, Inc.

2.90%

Adobe, Inc.

2.68%

ServiceNow, Inc.

2.63%

Intuit, Inc.

2.52%

Republic Services, Inc.

2.41%

Cadence Design Systems, Inc.

2.33%

Roper Technologies, Inc.

2.23%

Veeva Systems, Inc.

2.02%

IDEXX Laboratories, Inc.

1.99%

COWG

Western Digital Corp.

4.53%

Iridium Communications, Inc.

4.25%

Sandisk Corp.

3.32%

Astera Labs, Inc.

3.03%

Lam Research Corp.

2.71%

Fortinet, Inc.

2.36%

Okta, Inc.

2.12%

Datadog, Inc.

2.05%

Palo Alto Networks, Inc.

2.03%

F5, Inc.

1.96%

NetApp, Inc.

1.95%

KLA Corp.

1.87%

CrowdStrike Holdings, Inc.

1.79%

Southern Copper Corp.

1.68%

Analog Devices, Inc.

1.67%

Frequently asked questions about QOWZ and COWG

How have the QOWZ and COWG ETFs performed in 2026?

As of September 9, 2026, QOWZ is up 0.96% year-to-date (YTD), while COWG has returned 11.98%. That puts COWG better performer ahead so far this year.

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

Year-to-date, the QOWZ ETF saw -$4M in flows, compared to -$392M for COWG.

Which ETF is more volatile: QOWZ or COWG?

Over the past year, QOWZ had a volatility of 16.3%, while COWG experienced 18.8%.

Which ETF is bigger: QOWZ or COWG?

As of September 9, 2026, QOWZ holds $10.10 M in assets under management (AUM), while COWG manages $2.28 B.

What sectors do the QOWZ and COWG ETFs invest in?

QOWZ leans toward sectors like Technology, Business Services and Healthcare. Meanwhile, COWG focuses on Technology and Healthcare.

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

QOWZ top holdings include NVIDIA Corp., Broadcom Inc. and Mastercard, Inc.. COWG holds in its top three: Western Digital Corp., Iridium Communications, Inc. and Sandisk Corp..

Which ETF is more diversified: QOWZ or COWG?

QOWZ holds 50 securities with 50.71% of its assets in the top 15. COWG has 100 securities and a top 15 weight of 37.32%.

Pacer Cash Cows ETFs: Investing in Quality Stocks

April 28, 2023

COWG

QOWZvsCOWGETF Comparison

Invesco Nasdaq Free Cash Flow Achievers ETF

Pacer US Large Cap Cash Cows Growth Leaders ETF

QOWZ 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 QOWZ and COWG ETFs performed in 2026?

As of September 9, 2026, QOWZ is up 0.96% year-to-date (YTD), while COWG has returned 11.98%. That puts COWG better performer ahead so far this year.

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

Year-to-date, the QOWZ ETF saw -$4M in flows, compared to -$392M for COWG.

Which ETF is more volatile: QOWZ or COWG?

Over the past year, QOWZ had a volatility of 16.3%, while COWG experienced 18.8%.

Which ETF is bigger: QOWZ or COWG?

As of September 9, 2026, QOWZ holds $10.10 M in assets under management (AUM), while COWG manages $2.28 B.

What sectors do the QOWZ and COWG ETFs invest in?

QOWZ leans toward sectors like Technology, Business Services and Healthcare. Meanwhile, COWG focuses on Technology and Healthcare.

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

QOWZ top holdings include NVIDIA Corp., Broadcom Inc. and Mastercard, Inc.. COWG holds in its top three: Western Digital Corp., Iridium Communications, Inc. and Sandisk Corp..

Which ETF is more diversified: QOWZ or COWG?

QOWZ holds 50 securities with 50.71% of its assets in the top 15. COWG has 100 securities and a top 15 weight of 37.32%.

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