COWZ
Pacer US Cash Cows 100 ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
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 6.4%, compared to a Buy-and-Hold benchmark return of 15.0%. The strategy executed 31 total trades.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
* Excess Return MMA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility.
📊 Mathematical Model
Excess Return MMA Active
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
COWZ Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | Full History | |||
|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 12.53% | 16.11% | 3.91% | 10.42% | 6.41% | 14.97% |
| Sharpe Ratio | 1.29 | 1.30 | 0.29 | 0.56 | 0.46 | 0.66 |
| Max Drawdown | -5.95% | -5.95% | -20.41% | -22.00% | -20.41% | -38.63% |
| % Time Invested | 100.0% | 100.0% | 96.3% | 100.0% | 94.5% | 100.0% |
| Trades / Year | 1.0 | 0.0 | 3.0 | 0.0 | 4.1 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
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 Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net 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. Upgrade to Pro to Unlock | ||||||||
| 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% | $50.21 | $57.35 | 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% | $50.19 | $51.06 | 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% | $49.92 | $46.45 | -7.00% | Stop | |
| 2023-04-04 | 2025-04-04 | Completed | 33.33% | $45.07 | $49.33 | 9.41% | Stop | |
| 2024-09-26 | 2025-03-04 | Completed | 33.33% | $55.48 | $54.07 | -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% | $49.08 | $55.92 | 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% | $47.54 | $47.96 | 0.83% | Signal | |
| 2023-07-26 | 2023-10-30 | Completed | 33.33% | $47.54 | $44.99 | -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% | $44.21 | $43.08 | -2.60% | Signal | |
| 2022-10-18 | 2023-04-20 | Completed | 33.33% | $41.36 | $44.33 | 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% | $44.77 | $41.04 | -8.39% | Stop | |
| 2023-01-13 | 2023-03-13 | Completed | 33.33% | $45.41 | $42.39 | -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% | $39.19 | $37.73 | -3.79% | Stop | |
| 2022-07-13 | 2022-09-22 | Completed | 33.33% | $39.56 | $39.79 | 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% | $33.18 | $40.54 | 22.12% | Stop | |
| 2020-10-05 | 2022-06-17 | Completed | 33.33% | $25.77 | $39.88 | 54.68% | Stop | |
| 2020-07-07 | 2022-06-17 | Completed | 33.33% | $23.76 | $39.88 | 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% | $25.90 | $24.54 | -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% | $25.90 | $23.99 | -7.40% | Stop | |
| 2020-06-09 | 2020-06-12 | Completed | 33.33% | $25.90 | $23.99 | -7.40% | Stop | |
| 2020-06-09 | 2020-06-12 | Completed | 33.33% | $25.90 | $23.99 | -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% | $17.32 | $22.66 | 30.78% | Signal | |
| 2020-03-23 | 2020-03-25 | Completed | 33.33% | $17.32 | $18.77 | 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% | $26.57 | $21.40 | -19.50% | Stop | |
| 2019-11-15 | 2020-02-28 | Completed | 33.33% | $26.74 | $22.98 | -14.09% | Stop | |
| 2019-10-31 | 2020-02-28 | Completed | 33.33% | $25.77 | $22.98 | -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% | $25.39 | $25.62 | 0.84% | Signal | |
| 2019-09-25 | 2019-10-04 | Completed | 33.33% | $24.93 | $24.34 | -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% | $22.53 | $24.52 | 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% | $24.75 | $25.19 | 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 | |