ECOW vs QQQ
Pacer Emerging Markets Cash Cows 100 ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. ECOW offers more diversification with 119 holdings.
Side-by-Side Comparison
| Metric | ECOW | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.70% | 0.18% | |
| AUM | $221M | $496.3B | |
| Dividend Yield | 4.45% | 0.44% | |
| Holdings | 119 | 108 | |
| YTD Return | +10.36% | +19.52% | |
| 1Y Return | +21.58% | +26.68% | |
| 3Y Return (annualized) | +17.69% | +26.64% | |
| 5Y Return (annualized) | +6.62% | +15.36% | |
| Volatility (annualized) | 18.7% | 30.6% | |
| Max Drawdown | -41.3% | -83.0% | |
| Fund Family | Pacer ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 2, 2019 | Mar 10, 1999 |
ECOW vs QQQ Performance
Pacer Emerging Markets Cash Cows 100 ETF (ECOW) is a ETF from Pacer ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ECOW returned +21.58% while QQQ returned +26.68%. Year to date, ECOW is up 10.36% versus a gain of 19.52% for QQQ.
Over three years, ECOW compounded at +17.69% per year against +26.64% for QQQ; over five years the annualized figures are +6.62% and +15.36% respectively. Across the full 7-year window we track, QQQ has the edge at +13.14% annualized vs +5.35%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 18.7% for ECOW. 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 -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ECOW charges 0.70% per year while QQQ charges 0.18%. On a $10,000 position that is $70 vs $18 annually, a gap of $52 per year that compounds over a long holding period. On income, ECOW currently yields 4.45% against 0.44% for QQQ.
Holdings Overlap
ECOW and QQQ share 0 holdings out of 212 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ECOW or QQQ?
ECOW has an expense ratio of 0.70% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
Which performed better, ECOW or QQQ?
Over the past year ECOW returned +21.58% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), ECOW annualized +5.35% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, ECOW or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.7% for ECOW. Worst drawdown: ECOW -41.3% vs QQQ -83.0%.
Should I hold both ECOW and QQQ?
ECOW and QQQ have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ECOW and QQQ?
ECOW and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 212 unique securities.
Which pays a higher dividend, ECOW or QQQ?
ECOW yields 4.45% while QQQ yields 0.44%, so ECOW currently pays the higher dividend yield.
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