BGRO vs COWG
iShares Large Cap Growth Active ETF vs Pacer US Large Cap Cash Cows Growth Leaders ETF
Which is better, BGRO or COWG?
COWG has been ahead.
COWG has a lower expense ratio. COWG led over 1Y and the full window. COWG is less concentrated, with 29.3% of the fund in its ten largest positions against 48.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BGRO | COWG |
|---|---|---|
| Expense Ratio | 0.55% | 0.49%Best |
| AUM | $9M | $2.2B |
| Dividend Yield | 0.00% | 0.75% |
| Holdings | 82 | 205 |
| YTD Return | +2.35% | +9.94%Best |
| 1Y Return | +0.72% | +9.18%Best |
| 3Y Return (annualized) | - | +21.70% |
| Volatility (annualized) | 19.3% | 15.9%Best |
| Max Drawdown | -24.9% | -23.6%Best |
| $10,000 over 2.4 years | $12,735 | $14,732Best |
| Top 10 Weight | 48.3% | 29.3%Best |
| Fund Family | BlackRock, Inc. (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 4, 2024 | Dec 21, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 5, 2024 to Nov 11, 2026 (2.4 years).
BGRO vs COWG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.
BGRO vs COWG Performance
iShares Large Cap Growth Active ETF (BGRO) is an ETF from BlackRock, Inc. (US) and Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is an ETF from Pacer ETFs. Over the past year BGRO returned +0.72% while COWG returned +9.18%. Year to date, BGRO is up 2.35% versus a gain of 9.94% for COWG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BGRO has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 15.9% for COWG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.9% for BGRO and -23.6% for COWG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BGRO charges 0.55% per year while COWG charges 0.49%. On a $10,000 position that is $55 vs $49 annually, a gap of $6 per year that compounds over a long holding period. On income, BGRO currently yields 0.00% against 0.75% for COWG.
Holdings Overlap
29.7% of BGRO's money is in holdings COWG also owns. 16.7% of COWG's money is in holdings BGRO also owns.
BGRO and COWG share little of their money.
10 positions in common, counted across the 40 positions we hold weights for in BGRO and 100 in COWG, against full books of 82 and 205.
What only one of them owns
Our book lists 88 positions for COWG that do not appear in our book for BGRO (80.1% of the fund), and 28 for BGRO that do not appear in COWG (66.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BGRO | Weight in COWG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 12.98% | 0.90% | 12.08% |
| MUMicron Technology, Inc. | 3.28% | 2.69% | 0.59% |
| PANWPalo Alto Networks Inc. | 2.73% | 3.20% | 0.47% |
| AAPLApple Inc | 4.79% | 0.94% | 3.85% |
| DDOGDatadog Inc. Class A | 1.13% | 3.18% | 2.05% |
| SNDKVSandisk Corp. | 0.59% | 2.33% | 1.74% |
| PLTRPalantir Technologies Inc. | 1.33% | 1.28% | 0.05% |
| AVGOBroadcom Inc | 1.35% | 0.73% | 0.62% |
| WDCWestern Digital Corp. | 0.34% | 1.22% | 0.88% |
| APPAppLovin Corp. Com Cl A | 1.20% | 0.24% | 0.96% |
29.7% of BGRO is already inside COWG.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BGRO or COWG?
BGRO has an expense ratio of 0.55% while COWG charges 0.49%. COWG is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, BGRO or COWG?
Over the past year BGRO returned +0.72% vs +9.18% for COWG, so COWG leads on 1-year performance. Over the longest common window we track (2 years), BGRO annualized +10.60% vs +17.52% for COWG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BGRO or COWG?
BGRO has been the more volatile fund at 19.3% annualized versus 15.9% for COWG. Worst drawdown: BGRO -24.9% vs COWG -23.6%.
Should I hold both BGRO and COWG?
BGRO and COWG have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BGRO and COWG?
29.7% of BGRO's money is in holdings COWG also owns. 16.7% of COWG's is in holdings BGRO also owns. They hold 10 positions in common, counted across the 40 positions we hold weights for in BGRO and 100 in COWG.
Which pays a higher dividend, BGRO or COWG?
BGRO yields 0.00% while COWG yields 0.75%, so COWG currently pays the higher dividend yield.
Is COWG better than BGRO?
COWG has a lower expense ratio. COWG led over 1Y and the full window. COWG is less concentrated, with 29.3% of the fund in its ten largest positions against 48.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.