COWZ ETF Returns 14.81% Annually Without Holding Apple Stock
The Pacer US Cash Cows 100 ETF (COWZ) delivers a 14.81% annual return without investing in Apple, highlighting the strength of a cash flow-focused strategy.
AAPLApple Inc.
QCOMQUALCOMM Incorporated
CVSCVS Health Corporation
COPConocoPhillips
FFord Motor CompanyKey Numbers
The Pacer US Cash Cows 100 ETF (CBOE:COWZ) has posted strong performance in 2026, rising 6.4% year-to-date and 14.81% over the past twelve months through July 6. Notably, the fund, which invests in U.S. companies with the highest cash flows, holds zero shares of Apple (AAPL), arguably the most famous cash generator on the planet.
Performance Details
| Metric | Value |
|---|---|
| Year-to-date return | 6.4% |
| One-year return | 14.81% |
| Reference date | July 6, 2026 |
Fund Strategy
COWZ follows a selective methodology focusing on companies with strong free cash flow relative to their market value, which excludes tech giants like Apple that may be highly valued. Instead, the fund includes companies from diverse sectors such as energy, healthcare, and industrials.
Context
COWZ's outperformance comes as investors seek companies generating real cash amid market volatility. The fund demonstrates that a "cash cow" strategy can deliver competitive returns even without exposure to major growth stocks.
What It Means for Investors
COWZ may be an attractive option for investors seeking exposure to companies with strong cash flows without focusing on mega-cap tech stocks. However, risks related to sector concentration and long-term performance should be evaluated.
Frequently Asked Questions
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