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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 Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -27.4% (compared to the benchmark's drawdown of -38.6%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 5.9%, compared to a Buy-and-Hold benchmark return of 15.8%. The strategy executed 8 total trades.

* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.

🛡️ COWZ Drawdown Shield & Downside Protection

Why Drawdown Dictates Longevity →
Peak Drawdown Defense
-27.4% (vs -38.6% B&H)
+11.3% shallower drawdown
Drawdown Shield
11.3% Cut
Protected capital vs -38.6% B&H
Capital Sheltered from Risk
24.5% 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%-21.97%-22.00%-27.37%-38.63%
Sharpe Ratio1.721.720.350.630.390.69
Sortino Ratio2.842.840.420.880.450.86
CAGR23.28%23.28%5.10%11.69%5.89%15.75%
% Time Invested100.0%100.0%80.0%100.0%75.5%100.0%
Trades / Year0.00.00.60.01.00.0

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 Moving Average (50/200) strategy (Investing) versus Buy & Hold. The strategy produced a 5.9% CAGR with a -27.4% Max Drawdown across 8 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 Moving Average (50/200) strategy in Investing context, illustrating downside risk mitigation and return skewness.
Figure 2: Monthly Return Distribution Profile. Monthly return distribution for COWZ under Moving Average (50/200) (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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2025-04-04 2025-08-18 Interest (CASH) 100% $1.00 $1.02 1.58% Interest Income
2023-07-20 2025-04-04 Completed 100% $46.76 $49.04 4.81% Signal
2023-06-22 2023-07-20 Interest (CASH) 100% $1.00 $1.00 0.40% Interest Income
2023-06-08 2023-06-22 Completed 100% $43.95 $43.63 -0.77% Signal
2023-05-16 2023-06-08 Interest (CASH) 100% $1.00 $1.00 0.33% Interest Income
2022-12-14 2023-05-16 Completed 100% $44.56 $42.57 -4.51% Signal
2022-06-17 2022-12-14 Interest (CASH) 100% $1.00 $1.02 1.58% Interest Income
2020-08-11 2022-06-17 Completed 100% $25.79 $39.64 53.64% Stop
2020-06-12 2020-08-11 Interest (CASH) 100% $1.00 $1.00 0.02% Interest Income
2020-06-09 2020-06-12 Completed 100% $25.74 $23.85 -7.40% Stop
2020-03-02 2020-06-09 Interest (CASH) 100% $1.00 $1.00 0.05% Interest Income
2019-11-01 2020-03-02 Completed 100% $25.58 $23.67 -7.51% Stop
2019-10-08 2019-11-01 Interest (CASH) 100% $1.00 $1.00 0.12% Interest Income
2019-07-29 2019-10-08 Completed 100% $25.50 $24.14 -5.39% Signal
2019-06-24 2019-07-29 Interest (CASH) 100% $1.00 $1.00 0.20% Interest Income
2019-04-04 2019-06-24 Completed 100% $25.37 $24.41 -3.84% Signal
2018-12-17 2019-04-04 Interest (CASH) 100% $1.00 $1.01 0.70% 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 →