ECOW vs IVV
Pacer Emerging Markets Cash Cows 100 ETF vs iShares Core S&P 500 ETF
Which is better, ECOW or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. ECOW led over 1Y, IVV over 3Y, 5Y and the full window. ECOW is less concentrated, with 20.8% of the fund in its ten largest positions against 37.9%.
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 | ECOW | IVV |
|---|---|---|
| Expense Ratio | 0.70% | 0.03%Best |
| AUM | $225M | $876.4B |
| Dividend Yield | 4.45% | 1.06% |
| Holdings | 119 | 508 |
| YTD Return | +11.25% | +12.51%Best |
| 1Y Return | +18.05%Best | +17.57% |
| 3Y Return (annualized) | +17.91% | +21.27%Best |
| 5Y Return (annualized) | +6.42% | +12.95%Best |
| Volatility (annualized) | 18.6% | 16.4%Best |
| Max Drawdown | -41.3% | -33.9%Best |
| $10,000 over 5 years | $13,649 | $18,384Best |
| Top 10 Weight | 20.8%Best | 37.9% |
| Fund Family | Pacer ETFs | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | May 2, 2019 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: May 6, 2019 to Sep 11, 2026 (7.4 years).
ECOW vs IVV 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 7.4 years both funds cover.
ECOW vs IVV Performance
Pacer Emerging Markets Cash Cows 100 ETF (ECOW) is an ETF from Pacer ETFs and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year ECOW returned +18.05% while IVV returned +17.57%. Year to date, ECOW is up 11.25% versus a gain of 12.51% for IVV.
Over three years, ECOW compounded at +17.91% per year against +21.27% for IVV; over five years the annualized figures are +6.42% and +12.95% respectively. Across the full 7-year window we track, IVV has the edge at +15.10% annualized vs +5.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ECOW has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 16.4% for IVV. 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 -41.3% for ECOW and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ECOW charges 0.70% per year while IVV charges 0.03%. On a $10,000 position that is $70 vs $3 annually, a gap of $67 per year that compounds over a long holding period. On income, ECOW currently yields 4.45% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 110 holdings in ECOW and 505 in IVV, totalling 99.5% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 110 positions we hold weights for in ECOW and 505 in IVV, against full books of 119 and 508.
What only one of them owns
Our book lists 495 positions for IVV that do not appear in our book for ECOW (99.3% of the fund), and 2 for ECOW that do not appear in IVV (0.4%).
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.
You are not choosing between two funds in isolation.
Whichever of ECOW and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ECOW or IVV?
ECOW has an expense ratio of 0.70% while IVV charges 0.03%. IVV is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, ECOW or IVV?
Over the past year ECOW returned +18.05% vs +17.57% for IVV, so ECOW leads on 1-year performance. Over the longest common window we track (7 years), ECOW annualized +5.41% vs +15.10% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ECOW or IVV?
ECOW has been the more volatile fund at 18.6% annualized versus 16.4% for IVV. Worst drawdown: ECOW -41.3% vs IVV -33.9%.
Should I hold both ECOW and IVV?
ECOW and IVV have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ECOW or IVV?
ECOW yields 4.45% while IVV yields 1.06%, so ECOW currently pays the higher dividend yield.
Is IVV better than ECOW?
IVV has a lower expense ratio. ECOW led over 1Y, IVV over 3Y, 5Y and the full window. ECOW is less concentrated, with 20.8% of the fund in its ten largest positions against 37.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.