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COWZ

Pacer US Cash Cows 100 ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-09-10
Executive Summary
The quantitative backtest for COWZ (Pacer US Cash Cows 100 ETF) using the Excess Return MMA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -20.4% (compared to the benchmark's drawdown of -38.6%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 7.2%, compared to a Buy-and-Hold benchmark return of 15.8%. The strategy executed 31 total trades.

* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.

🛡️ COWZ Drawdown Shield & Downside Protection

Why Drawdown Dictates Longevity →
Peak Drawdown Defense
-20.4% (vs -38.6% B&H)
+18.2% shallower drawdown
Drawdown Shield
18.2% Cut
Protected capital vs -38.6% B&H
Capital Sheltered from Risk
29.6% of Time
Earning Treasury yield during downturns
* Drawdown Shield demonstrates how systematic trend-following bounded historical drawdowns and protected principal capital compared to passive Buy & Hold.

📊 COWZ Quality Metrics & KPI Summary

Metric 1Y5YFull
StrategyB&HStrategyB&HStrategyB&H
Max Drawdown-5.95%-5.95%-20.41%-22.00%-20.41%-38.63%
Sharpe Ratio1.711.720.360.630.510.69
Sortino Ratio2.712.840.460.880.620.86
CAGR18.94%23.28%4.95%11.69%7.16%15.75%
% Time Invested81.3%100.0%76.8%100.0%70.4%100.0%
Trades / Year0.00.03.00.04.00.0

Cumulative Growth Performance

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Hydrating Performance Trajectory... Loading historical performance data
Figure 1: Cumulative Trajectory Analysis. Logarithmic growth comparison of COWZ under the Excess Return MMA strategy (Investing) versus Buy & Hold. The strategy produced a 7.2% CAGR with a -20.4% Max Drawdown across 31 trade signals (compared to Buy & Hold's 15.8% CAGR and -38.6% Max Drawdown).

Return Distribution Analysis

Histogram of monthly return distribution for COWZ under Excess Return MMA strategy in Investing context, illustrating downside risk mitigation and return skewness.
Figure 2: Monthly Return Distribution Profile. Monthly return distribution for COWZ under Excess Return MMA (Investing). Visualizes return frequency, volatility clustering, and tail-risk truncation relative to standard buy-and-hold returns.
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Top 5 non-correlated asset sleeves evaluated on 1Y daily percentage returns (Pearson r). Compare them side-by-side in Compare Studio to analyze portfolio diversification.

Diversifier Asset Category 1Y Correlation (r) Action
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Trade History

This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.

Entry DateExit DateTypeAllocationEntry PriceExit PriceNet Return %Exit Reason
🔒 Active Positions & Recent Execution Signals Hidden
Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription.
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2025-07-28 2026-07-09 Completed 33.33% $55.84 $63.03 12.82% Signal
2025-11-24 2026-03-31 Interest (CASH) 33.33% $1.00 $1.01 1.25% Interest Income
2025-04-30 2025-11-24 Completed 33.33% $49.91 $57.01 14.18% Signal
2025-05-02 2025-11-04 Interest (CASH) 33.33% $1.00 $1.02 2.14% Interest Income
2025-03-04 2025-07-28 Interest (CASH) 33.33% $1.00 $1.02 1.71% Interest Income
2025-04-29 2025-05-02 Completed 33.33% $49.89 $50.76 1.68% Signal
2025-04-07 2025-04-30 Interest (CASH) 33.33% $1.00 $1.00 0.27% Interest Income
2025-04-04 2025-04-29 Interest (CASH) 33.33% $1.00 $1.00 0.27% Interest Income
2023-12-20 2025-04-07 Completed 33.33% $49.62 $46.17 -7.00% Stop
2023-04-04 2025-04-04 Completed 33.33% $44.80 $49.04 9.41% Stop
2024-09-26 2025-03-04 Completed 33.33% $55.15 $53.75 -2.59% Signal
2024-07-31 2024-09-26 Interest (CASH) 33.33% $1.00 $1.01 0.80% Interest Income
2024-01-25 2024-07-31 Completed 33.33% $48.79 $55.58 13.88% Signal
2023-12-05 2024-01-25 Interest (CASH) 33.33% $1.00 $1.01 0.72% Interest Income
2023-10-30 2023-12-20 Interest (CASH) 33.33% $1.00 $1.01 0.77% Interest Income
2023-07-26 2023-12-05 Completed 33.33% $47.25 $47.67 0.83% Signal
2023-07-26 2023-10-30 Completed 33.33% $47.25 $44.72 -5.40% Stop
2023-04-27 2023-07-26 Interest (CASH) 33.33% $1.00 $1.01 1.28% Interest Income
2023-04-20 2023-07-26 Interest (CASH) 33.33% $1.00 $1.01 1.38% Interest Income
2023-04-10 2023-04-27 Completed 33.33% $43.95 $42.83 -2.60% Signal
2022-10-18 2023-04-20 Completed 33.33% $41.12 $44.07 7.13% Signal
2023-03-16 2023-04-10 Interest (CASH) 33.33% $1.00 $1.00 0.30% Interest Income
2023-03-13 2023-04-04 Interest (CASH) 33.33% $1.00 $1.00 0.30% Interest Income
2022-12-06 2023-03-16 Completed 33.33% $44.51 $40.79 -8.39% Stop
2023-01-13 2023-03-13 Completed 33.33% $45.14 $42.14 -6.68% Stop
2022-09-22 2023-01-13 Interest (CASH) 33.33% $1.00 $1.01 1.27% Interest Income
2022-06-17 2022-12-06 Interest (CASH) 33.33% $1.00 $1.01 1.48% Interest Income
2022-09-26 2022-10-18 Interest (CASH) 33.33% $1.00 $1.00 0.22% Interest Income
2022-07-14 2022-09-26 Completed 33.33% $38.96 $37.50 -3.79% Stop
2022-07-13 2022-09-22 Completed 33.33% $39.33 $39.55 0.52% Signal
2022-06-21 2022-07-14 Interest (CASH) 33.33% $1.00 $1.00 0.12% Interest Income
2022-06-17 2022-07-13 Interest (CASH) 33.33% $1.00 $1.00 0.12% Interest Income
2021-02-19 2022-06-21 Completed 33.33% $32.98 $40.30 22.12% Stop
2020-10-05 2022-06-17 Completed 33.33% $25.61 $39.64 54.68% Stop
2020-07-07 2022-06-17 Completed 33.33% $23.62 $39.64 67.75% Stop
2020-10-29 2021-02-19 Interest (CASH) 33.33% $1.00 $1.00 0.02% Interest Income
2020-10-07 2020-10-29 Completed 33.33% $25.75 $24.39 -5.31% Signal
2020-06-12 2020-10-07 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2020-06-12 2020-10-05 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2020-06-12 2020-07-07 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-06-09 2020-06-12 Completed 33.33% $25.74 $23.85 -7.40% Stop
2020-06-09 2020-06-12 Completed 33.33% $25.74 $23.85 -7.40% Stop
2020-06-09 2020-06-12 Completed 33.33% $25.74 $23.85 -7.40% Stop
2020-04-30 2020-06-09 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income
2020-03-25 2020-06-09 Interest (CASH) 33.33% $1.00 $1.00 0.03% Interest Income
2020-03-09 2020-06-09 Interest (CASH) 33.33% $1.00 $1.00 0.04% Interest Income
2020-03-23 2020-04-30 Completed 33.33% $17.22 $22.53 30.78% Signal
2020-03-23 2020-03-25 Completed 33.33% $17.22 $18.66 8.33% Signal
2020-02-28 2020-03-23 Interest (CASH) 33.33% $1.00 $1.00 0.03% Interest Income
2020-02-28 2020-03-23 Interest (CASH) 33.33% $1.00 $1.00 0.03% Interest Income
2020-01-29 2020-03-09 Completed 33.33% $26.41 $21.27 -19.50% Stop
2019-11-15 2020-02-28 Completed 33.33% $26.58 $22.84 -14.09% Stop
2019-10-31 2020-02-28 Completed 33.33% $25.61 $22.84 -10.85% Stop
2019-08-08 2020-01-29 Interest (CASH) 33.33% $1.00 $1.01 0.80% Interest Income
2019-10-24 2019-11-15 Interest (CASH) 33.33% $1.00 $1.00 0.10% Interest Income
2019-10-04 2019-10-31 Interest (CASH) 33.33% $1.00 $1.00 0.13% Interest Income
2019-07-19 2019-10-24 Completed 33.33% $25.24 $25.47 0.84% Signal
2019-09-25 2019-10-04 Completed 33.33% $24.78 $24.20 -2.38% Signal
2019-07-08 2019-09-25 Interest (CASH) 33.33% $1.00 $1.00 0.45% Interest Income
2018-12-19 2019-08-08 Completed 33.33% $22.39 $24.37 8.78% Signal
2018-12-17 2019-07-19 Interest (CASH) 33.33% $1.00 $1.01 1.37% Interest Income
2019-03-26 2019-07-08 Completed 33.33% $24.60 $25.04 1.71% Signal
2018-12-17 2019-03-26 Interest (CASH) 33.33% $1.00 $1.01 0.63% Interest Income
2018-12-17 2018-12-19 Interest (CASH) 33.33% $1.00 $1.00 0.01% Interest Income

Next Steps: Portfolio Integration & Comparative Analysis

Single-ticker trend following is designed to truncate tail risk inside a broader portfolio. View where COWZ ranks across 40+ tracked assets, evaluate correlation against non-correlated diversifiers, or model it inside a custom all-weather asset mix.

📊 View Full 40-Asset Backtest Matrix → 🛠️ Build Custom Portfolio with COWZ → ⚖️ Compare COWZ vs Non-Correlated Assets →