SPLVvsCOWZETF Comparison
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Invesco S&P 500® Low Volatility ETF (SPLV) belongs to the US Low Volatility segment. Pacer US Cash Cows 100 ETF (COWZ) is part of the US Large Cap segment. SPLV's top 3 sector exposures are Utilities, Financials and Real Estate. In contrast, COWZ's top sector exposures are Health Care, Information Technology and Energy. SPLV is less expensive with a Total Expense Ratio (TER) of 0.25%, versus 0.49% for COWZ. SPLV is up 4.07% year-to-date (YTD) with -$481M in YTD flows. COWZ performs better with 6.31% YTD performance, and -$1.02B in YTD flows. Run a side-by-side ETF comparison of SPLV and COWZ 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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SPLV vs COWZ performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 06/09/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPLV COWZ | +1.53%+0.86% | -2.39%+0.36% | +4.07%+6.31% | +3.70%+18.67% | +26.97%+45.18% | +34.21%+61.83% |
| Flows | SPLV COWZ | -$89M-$135M | -$966M-$569M | -$481M-$1.02B | -$953M-$5.81B | -$3.38B-$276M | -$2.12B+$12.37B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPLV COWZ | +11.66%+9.59% | +9.91%+11.17% | +10.90%+14.90% | +12.34%+17.60% |
| Max drawdown | SPLV COWZ | -5.48%-3.22% | -7.41%-4.99% | -9.66%-21.93% | -17.25%-21.93% |
| Max drawdown duration | SPLV COWZ | 92d56d | 99d88d | 186d373d | 793d373d |
Trading data
SPLV | COWZ | |
Last sale 6/10/2026 at 1:30 PM | $73.89 | $63.02 |
| Previous close 06/09/2026 | $73.64 | $63.66 |
| Consolidated volume 06/09/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of May 29, 2026
1-year trailing difference
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SPLV | COWZ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 6/10/2026 at 1:30 PM
Live
Closed
SPLV | COWZ | |
|---|---|---|
| Last price | $73.89 | $63.02 |
| 1D performance | +0.34% | -1.01% |
| AuM | $7.01 B | $18.07 B |
| E/R | 0.25% | 0.49% |
Characteristics
SPLV | COWZ | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | PACER ETFs |
| Benchmark | S&P 500 Low Volatility Index | Pacer US Cash Cows 100 Index |
| N° of holdings | 99 | 99 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | May 5, 2011 | December 16, 2016 |
| ESG | No | No |
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Exposure
Countries
SPLV
USA
94.06%
Other
5.94%
COWZ
USA
95.13%
Other
4.87%
Sectors
SPLV
Utilities
26.76%
Financials
15.21%
Real Estate
14.64%
Consumer Staples
10.69%
Industrials
10.08%
Other
22.63%
COWZ
Health Care
20.98%
Information Techn.
20.81%
Energy
15.86%
Consumer Discreti.
12.47%
Industrials
9.76%
Communication Ser.
8.02%
Other
12.1%
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Diversification
SPLV
Total weight of top 15 holdings out of 15
19.5%
COWZ
Total weight of top 15 holdings out of 15
30.04%
Top 15 holdings
Data as of April 30, 2026
SPLV
PINNACLE WEST
1.35%
CENTERPOINT ENERGY
1.35%
AMEREN
1.34%
WEC ENERGY GROUP INC
1.34%
ATMOS ENERGY
1.33%
SOUTHERN
1.32%
ALLIANT ENERGY
1.32%
EVERGY
1.32%
DTE ENERGY
1.31%
DUKE ENERGY
1.29%
CMS ENERGY
1.29%
PPL
1.28%
AMERICAN ELECTRIC POWER
1.25%
EXELON CORP
1.22%
TJX
1.20%
COWZ
QUALCOMM
2.27%
CONOCOPHILLIPS
2.13%
FORD MOTOR
2.11%
UBER TECHNOLOGIES INC
2.08%
CVS HEALTH CORP
2.06%
NEWMONT CORP
2.05%
ALTRIA GROUP
2.03%
PFIZER
2.03%
BOOKING HOLDINGS
2.00%
BRISTOL-MYERS SQUIBB
1.96%
DIAMONDBACK ENERGY
1.92%
VERIZON COMMUNICATIONS
1.89%
MCKESSON
1.85%
AT&T
1.83%
SALESFORCE INC
1.83%
Frequently asked questions about SPLV and COWZ
How have the SPLV and COWZ ETFs performed in 2026?
As of June 9, 2026, SPLV is up 4.07% year-to-date (YTD), while COWZ has returned 6.31%. That puts COWZ better performer ahead so far this year.
Which ETF is attracting more investor money: SPLV or COWZ?
Year-to-date, the SPLV ETF saw -$481M in flows, compared to -$1.02B for COWZ.
Which ETF is more volatile: SPLV or COWZ?
Over the past year, SPLV had a volatility of 9.91%, while COWZ experienced 11.17%.
Which ETF is bigger: SPLV or COWZ?
As of June 9, 2026, SPLV holds $7.01 B in assets under management (AUM), while COWZ manages $18.07 B.
What sectors do the SPLV and COWZ ETFs invest in?
SPLV leans toward sectors like Utilities, Financials and Real Estate. Meanwhile, COWZ focuses on Health Care, Information Technology and Energy.
What are the top holdings of the SPLV ETF and COWZ ETF?
SPLV top holdings include PINNACLE WEST, CENTERPOINT ENERGY and AMEREN. COWZ holds in its top three: QUALCOMM, CONOCOPHILLIPS and FORD MOTOR.
Which ETF is more diversified: SPLV or COWZ?
SPLV holds 100 securities with 19.5% of its assets in the top 15. COWZ has 100 securities and a top 15 weight of 30.04%.
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