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ECOW vs EEMV

Pacer Emerging Markets Cash Cows 100 ETF

ECOWDNasdaq

iShares MSCI Emerging Markets Min Vol Factor ETF

EEMVACboe

Overlap

4.4%by weight

Expense ratio

EEMV −0.45pt a year

ECOW0.70%EEMV0.25%

Avg volume · 30D

EEMV 6.1×the volume

ECOW36.8KEEMV225K

5Y return · a year

ECOW +1.8pt

ECOW+7.0%EEMV+5.2%

ECOW vs EEMV Performance

Oct 29, 2021 – Oct 30, 2026

+40.6%ECOW+28.7%EEMV

Oct 29, 2021 to Oct 30, 2026. ECOW +40.6%. EEMV +28.7%. Use the arrow keys to read each point.−20%0%Oct 2021Apr 2024Oct 2026
Expense ratio
ECOW 0.70%
EEMV 0.25%, better
Fund size
ECOW $194M
EEMV $3.4B
1Y total return
ECOW +7.9%
EEMV +12.0%, better
Yield (12M)
ECOW 5.95%, better
EEMV 2.28%
Holdings
ECOW 107
EEMV 324
Avg volume (30D)
ECOW 36.8K sh
EEMV 225K sh, better
NAV per share
ECOW $25.50
EEMV $71.20
52W range

ETF.net Grade

ECOW: Cost 23, Risk 56, Mission not scored, Tradability 39, Holdings 49, Durability 37. EEMV: Cost 92, Risk 56, Mission not scored, Tradability 75, Holdings 73, Durability 81.
Pillar letters and Scores for ECOW, EEMV, with each pillar’s weight
PillarECOWEEMV
Cost30% weightF23A92Higher
Mission25% weightNot scoredNot scored
Risk15% weightB56B56
Tradability15% weightD39A75Higher
Holdings10% weightC49A73Higher
Durability5% weightD37A81Higher

Rank among Emerging Markets Factor Index funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ECOW and EEMV are both graded against the same 10 Emerging Markets Factor Index funds, so their Grades compare head to head.

Emerging Markets Factor Index⁠

Category · 10 funds
See all 10 ›

EEMV ranks 1st and ECOW 8th of 10 funds in the Emerging Markets Factor Index Category.

  1. Rank 1AEEMViShares MSCI Emerging Markets Min Vol Factor ETFScore 78
  2. Rank 2BEELVInvesco S&P Emerging Markets Low Volatility ETFScore 66
  3. Rank 7CDEHPDimensional Emerging Markets High Profitability ETFScore 42
  4. Rank 8DECOWPacer Emerging Markets Cash Cows 100 ETFScore 37
  5. Rank 9DPIEInvesco Dorsey Wright Emerging Markets Momentum ETFScore 30

Our read on each fund

ETF.net Research

ECOWDPacer Emerging Markets Cash Cows 100 ETF

EEMVAiShares MSCI Emerging Markets Min Vol Factor ETF

In short

ECOW The emerging-markets arm of Pacer's Cash Cows family: rank the FTSE Emerging universe by free cash flow yield, keep the 100 best, then cap any single country or sector at 20 names. Cap-weighted EM this is not.

EEMV Emerging markets with the volume turned down. Since 2011, EEMV has tracked MSCI's minimum-volatility EM index, holding roughly 300 stocks picked for steadiness rather than size, at 0.25% a year.

Stated mandate

ECOW The Fund seeks capital appreciation by screening the FTSE Emerging Markets Index for 100 emerging-market companies with high free cash flow yield.

EEMV The fund seeks to track an index of emerging-market equities selected for minimum-volatility characteristics.

Why people hold it

  • ECOW Ranks the FTSE Emerging Markets universe on trailing free cash flow yield, holds the top 100, and weights them by the cash they actually generate, capped at 2% each.sec.gov
  • Caps of 20 companies per country and per sector loosen the China-and-Taiwan grip built into standard cap-weighted emerging-markets indexes.sec.gov
  • Size and liquidity screens apply before the ranking: no sub-$2B market caps, no names trading under $5M a day. Live since 2019, pays quarterly.sec.gov
  • EEMV At 0.25%, it carries the lowest fee in its emerging-markets factor cohort, undercutting EELV at 0.29% and ECOW at 0.70%, and sitting well below the group median.
  • Live since 2011 and now a multi-billion-dollar fund: a long public track record of running the min vol playbook in the world's bumpiest equity markets.
  • About 300 emerging-market names, chosen by published index rules rather than a manager's hunch, so what you own is auditable rather than discretionary.
  • Stands among the stronger implementations in its emerging-markets factor peer group on our review, largely on cost and issuer staying power.

Worth knowing

  • ECOW Costs 0.70% a year, above the typical emerging-markets factor fund. Low-vol peers EEMV (0.25%) and EELV (0.29%) run for a fraction of that.
  • Financials other than REITs are screened out entirely, so EM banks and insurers, a large slice of the asset class, never make the cut.sec.gov
  • A 100-stock, deep-value portfolio can move very differently from a broad EM index of hundreds of names, in both directions.sec.gov
  • EEMV Minimum volatility is a construction rule, not a floor. The index aims for smaller swings; emerging-market currency, country and political risk still ride along.
  • Screening for low volatility pulls country and sector weights away from a cap-weighted EM benchmark, so it can move to a different rhythm than the headline index.
  • Volume is moderate rather than torrential, so execution habits (limit orders, skipping the opening minutes) matter more here than with a mega-cap index fund.

Full ECOW profile⁠

Full EEMV profile⁠

ECOW vs EEMV Holdings

As of

How ECOW and EEMV differ

Overlap by weight

4.4%

Shared holdings make up 24.9% of ECOW and 4.4% of EEMV.

Level by level

  • Holdings16 in both4.4%
  • Sector11 Sectors44.7%
  • Countryby domicile55.8%
  • Asset classEquity100%

Sector

Sector weights in ECOW and EEMV, widest gap first
SectorMore in ECOWMore in EEMV
TechnologyEEMV +32.3 points
FinancialsEEMV +21.1 points
EnergyECOW +12.2 points
MaterialsECOW +10.9 points
Consumer DiscretionaryECOW +10.4 points
CommunicationECOW +7.7 points
IndustrialsECOW +5.6 points
Consumer StaplesECOW +5.3 points
UtilitiesECOW +3.4 points
Health CareEEMV +1.4 points
Real EstateEEMV +0.6 points

Country, concentration and asset class

Country by domicile

Country weights in ECOW and EEMV, widest gap first
CountryMore in ECOWMore in EEMV
IndiaEEMV +17.6 points
South KoreaEEMV +15.6 points
BrazilECOW +11.5 points
TaiwanEEMV +9.8 points
South AfricaECOW +9.2 points
MexicoECOW +8.4 points
IndonesiaECOW +3.8 points
ThailandECOW +3.8 points
Other countries (6)ECOW +6.3 points

Outside the US: ECOW 0% developed, 100% emerging. EEMV 0% developed, 100% emerging.

Concentration

Weight in the 10 largest Holdings

  • ECOW22.8%
  • EEMV15.3%

Securities held

  • ECOW101
  • EEMV302

Asset class

ECOW
Equity
EEMV
Equity

Holdings

  • Only in ECOW85
  • In both16
  • Only in EEMV286

Only in ECOW

85 securities, 74.7% of ECOW by weight

  • Formosa Petrochemical Corp2.74%
  • Turkiye Petrol Rafinerileri AS2.49%
  • Emirates Telecommunications Group Co PJSC2.22%

Only in EEMV

286 securities, 95.4% of EEMV by weight

  • Tata Consultancy Services Ltd1.72%
  • Bank of China Ltd H1.68%
  • Samsung Electronics Non Voting Pre1.62%

Weight gaps

All 16 Holdings in both funds, largest gap first.

Holding weights in ECOW and EEMV, widest gap first
HoldingMore in ECOWMore in EEMV
Petroleo Brasileiro SA - PetrobrasECOW +2.77 points
Axia Energia SAECOW +2.17 points
Ambev SAECOW +1.99 points
Industrias Penoles SAB de CVECOW +1.86 points
Dubai Electricity & Water Authority PJSCECOW +1.76 points
Gold Fields LtdECOW +1.76 points
Latam Airlines Group SAECOW +1.66 points
Telefonica Brasil SAECOW +1.65 points

All 120 ECOW holdings⁠All 297 EEMV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ECOW vs EEMV Cost

Overpaying ECOW vs EEMV

$8,447

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ECOW 0.70%

    $13,606

  • EEMV 0.25%

    $5,159

$10,000
30 years

Cost over time

  • ECOW 0.70%
  • EEMV 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530ECOW $13,606EEMV $5,159

Year by year

YearECOWEEMVOverpaying
10$1,250$455$795
20$4,760$1,769$2,991
30$13,606$5,159$8,447

Expense ratio

  • 0.70%ECOW
  • 0.25%EEMV, cheaper
  • Middle half of Emerging Markets Factor Index funds
  • Median 0.44%

EEMV cheapest of 10 funds

ECOW 8th cheapest of 10 funds

ECOW vs EEMV Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ECOW 5.95%, better
EEMV 2.28%
Payout (12M)
ECOW $1.51
EEMV $1.62
Last payment
ECOW $0.56
EEMV $0.65
Ex-dividend
ECOW Sep 3, 2026
EEMV Jun 15, 2026
Paid on
ECOW Sep 8, 2026
EEMV Jun 18, 2026
Frequency
ECOW Quarterly
EEMV Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

ECOWQuarterly · 28 paymentsAll ECOW payments⁠
One bar per payment. 28 payments from 2017 to 2026 YTD. Jun 25, 2019 $0.35; Sep 24, 2019 $0.26; Dec 24, 2019 $1.44; Mar 23, 2020 $0.03; Jun 22, 2020 $0.21; Sep 21, 2020 $0.55; Dec 21, 2020 $0.01; Mar 22, 2021 $0.08; Jun 21, 2021 $0.13; Sep 23, 2021 $0.61; Dec 23, 2021 $0.26; Mar 24, 2022 $0.14; Jun 23, 2022 $0.41; Sep 22, 2022 $0.69; Dec 22, 2022 $0.15; Mar 23, 2023 $0.06; Jun 22, 2023 $0.30; Sep 21, 2023 $0.56; Dec 27, 2023 $0.18; Mar 21, 2024 $0.03; Jun 27, 2024 $0.62; Sep 26, 2024 $0.23; Dec 27, 2024 $0.55; Jun 5, 2025 $0.14; Sep 4, 2025 $0.27; Dec 30, 2025 $0.86; Jun 4, 2026 $0.09; Sep 3, 2026 $0.56. Use the arrow keys to read each point.$0$12017202020232026YTD
EEMVTwice a year · 19 paymentsAll EEMV payments⁠
One bar per payment. 19 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.43; Dec 19, 2017 $1.00; Jun 19, 2018 $0.51; Dec 18, 2018 $0.86; Jun 17, 2019 $0.62; Dec 16, 2019 $0.92; Jun 15, 2020 $0.55; Dec 14, 2020 $0.94; Jun 10, 2021 $0.52; Dec 13, 2021 $0.82; Jun 9, 2022 $0.27; Dec 13, 2022 $0.76; Jun 7, 2023 $0.47; Dec 20, 2023 $1.06; Jun 11, 2024 $0.63; Dec 17, 2024 $1.40; Jun 16, 2025 $0.72; Dec 16, 2025 $0.97; Jun 15, 2026 $0.65. Use the arrow keys to read each point.$0$12017202020232026YTD

ECOW vs EEMV Risk

Fall from peak · 5 years

  • ECOW
  • EEMV
Oct 29, 2021 to Oct 30, 2026. Worst fall: ECOW −33.3% · Sep 2022. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
ECOW 12.5%EEMV 11.6%, better
Return per unit of riskSharpe ratio, 3 years
ECOW 1.07, betterEEMV 0.85
Worst fallMax drawdown, 5 years
ECOW −33.3%EEMV −21.9%, better
Market sensitivityBeta, 5 years
ECOW 0.80EEMV 0.72

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