ICOW
Pacer Developed Markets International Cash Cows 100 ETF
The Pacer Developed Markets International Cash Cows 100 ETF tracks an index of 100 companies out of the FTSE Developed Ex-US Index selected and weighted by free cash flow.
International
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 1.6 B
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Jun 16, 2017 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| STATOILHYDRO ASA | 3.2 % |
| SUNCOR ENERGY INC | 2.7 % |
| CANADIAN NATURAL RESOURCES | 2.6 % |
| TOTAL SA | 2.5 % |
| BP PLC | 2.3 % |
| TAKEDA PHARMACEUTICAL CO LTD | 2.3 % |
| SHELL PLC | 2.3 % |
| HYUNDAI ROBOTICS CO., LTD. | 2.2 % |
| A.P. MOLLER - MAERSK A/S CLASS B | 2.2 % |
| VODAFONE GROUP PLC | 2.1 % |
Constituent Breakdown
| Number of holdings | 98 |
| Herfindahl-Hirschman Index | 142 |
| Wgt avg mkt cap (mns) | $44,329 |
| Large cap (>$10bn) | 87.6% |
| Mid cap ($2-10bn) | 8.2% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 85.8% |
| Emerging mkts. | 10.2% |
Sector Breakdown
Country Exposure
 |
JAPAN | 18.1 % |
 |
BRITAIN | 11.5 % |
 |
FRANCE | 11.4 % |
 |
CANADA | 10.0 % |
 |
SOUTH KOREA | 9.5 % |
 |
GERMANY | 7.0 % |
 |
HONG KONG | 4.5 % |
 |
NORWAY | 3.7 % |
 |
DENMARK | 3.7 % |
 |
SPAIN | 2.7 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 15.7% | 45.5% | 20.3% | 15.8% | 8.5% | -- | -- | 6.8% |
| Dividend Yield | 0.0% | 4.9% | 4.6% | 4.4% | 4.1% | -- | -- | 3.5% |
| Total Returns | 15.7% | 50.4% | 24.8% | 20.2% | 12.6% | -- | -- | 10.3% | Ann. Volatility | 13.1% | 16.6% | 15.0% | 14.9% | 16.4% | -- | -- | 18.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.62 | 53% |
| MSCI EAFE | 0.92 | 83% |
| MSCI Emg Mkts | 0.74 | 66% |
Liquidity Measures
| Avg. volume (000) | 246 |
| ADV traded (mns) | $10 |
| Turnover | 0.6% |
| Avg. Bid/Ask (% of price) | 0.10% |
Technical Indicators
| 30d moving avg. (EMA) | $42.07 |
| Relative strength (RSI) | 50 |
| MACD/Signal | -0.21/-0.11 |
| Bollinger Bands (Upper/Lower) | $43.35/$40.83 |
| Short interest (% of AUM) | 0.5% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ICOW |
Expenses vs. ICOW |
ALTAR Score™ vs. ICOW |
|---|---|---|---|---|
| JIVE | JPMorgan International Value ETF | 34.7% | -10 bp | +1.3% |
| GCOW | Pacer Global Cash Cows Dividend ETF | 30.7% | -5 bp | +0.7% |
| INEQ | Columbia International Equity Income ETF | 28.6% | -20 bp | +0.3% |
| IDOG | ALPS International Sector Dividend Dogs ETF | 23.7% | -15 bp | +1.2% |
| QINT | American Century Quality Diversified International ETF | 18.5% | -26 bp | -0.9% |
| IVLU | iShares MSCI Intl Value Factor ETF | 18.4% | -35 bp | +0.8% |
| FIVA | Fidelity International Value Factor ETF | 18.3% | -47 bp | +0.3% |
| FDT | First Trust Developed Markets ex-US AlphaDEX Fund | 17.7% | +15 bp | -0.5% |
| IVAL | Alpha Architect International Quantitative Value ETF | 17.1% | -16 bp | +1.3% |
| FNDF | Schwab Fundamental International Large Co. Index ETF | 17.1% | -40 bp | -0.1% |
Risk and Returns: ICOW vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/31/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
8.5%
ALTAR SCORE™
86th
PERCENTILE
SPECULATIVE
ETFRC RATING
There are 347 funds in the International Equity category with an average
ALTAR Score™ of 6.7% and a standard deviation
of 1.7%. ICOW's ALTAR Score™ is approximately 1.1 standard
deviations above the category average. This places ICOW in the 86th percentile
among funds in the category.
Sell-Side Consensus
$46.28
PRICE TARGET
+11.5%
UPSIDE