Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) is a US large-cap growth ETF. As of October 9, 2026, ETF Copilot scores COWG 6.4 out of 10 — highest on Growth (7.1), lowest on Risk (4.2). It trades at 26.3 times earnings, against its own median of 28.7. Its ten largest holdings are 32% of the fund.
What stands out in COWG's data
Large-cap U.S. growth stocks, screened for cash-flow strength.
Its profitability sits just below the typical peer — a small gap that quality must close elsewhere.
Return on invested capital of 33.3% trails the category median of 33.5%. The fund holds 102 names and analysts forecast 22% earnings growth ahead.
A quality-growth tilt within a large-cap U.S. allocation.
Why did COWG move this week? It rose 2.8% in the week to October 9, 2026 — Okta and Fortinet drove it
COWG rose 2.8% in the week to October 9, 2026. The holdings that moved it most were Okta (+9.8%), Fortinet (+7.6%) and Unity Software (+7.5%); Sandisk (−8.0%) pushed the other way.
How is COWG rated? ETF Copilot scores Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) 6.4 out of 10
As of October 9, 2026, ETF Copilot scores Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) 6.4 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.4 / 10
- Growth: 7.1 / 10
- Value: 6.4 / 10
- Risk: 4.2 / 10
- Quality: 7.0 / 10
- Return: 6.9 / 10
Is COWG expensive right now? It trades at 26.3 times earnings, against its own median of 28.7
As of October 9, 2026, COWG is cheaper than 66% of its own 47 monthly readings since 2022 — 16 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside COWG? 67% Tech
What's inside COWG: Size (Large 58%, Mid 40%, Small 3%); Geography (International 2%, US 98%); Tech 66.5%; Magnificent 7 1.8%; AI 17.0%; Semiconductors 8.1%; Memory 7.5%.
What are COWG's top holdings? The ten largest are 32% of the fund
Okta, CrowdStrike, Palo Alto Networks, Datadog, Fortinet, Unity Software, Micron Technology, Credo Technology, Sandisk and Iridium Communications are COWG's largest holdings, in that order.
Less concentrated than 96% of US Large Cap Growth ETFs.
Half of COWG's weight sits in its 21 largest positions, and once those weights are taken into account it behaves like 57 equally weighted holdings.
What is COWG's expense ratio? 0.49% a year
As of October 9, 2026, COWG charges 0.49% a year, yields 0.74% and holds $2.4B in assets across 102 positions.
| Measure | COWG |
|---|---|
| Expense ratio | 0.49% |
| Dividend yield | 0.74% |
| Assets under management | $2.4B |
| Holdings | 102 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/cowg
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