ECOW: PACER EMERGING MARKETS CASH COWS 100 ETF
What this ETF is trying to do
The PACER Emerging Markets Cash Cows 100 ETF (ECOW) focuses on companies in emerging markets. Based on its name, it targets "cash cows," which generally refers to companies that generate a lot of cash. It holds a total of 110 different holdings.
What the numbers show
As of October 5, 2026, the share price is $26.73. To understand how the price has changed, we can look at the price return and the total return. Price return only tracks the change in the share price, while total return includes the cash distributions paid to investors.
• Year-to-Date (YTD): The price return is 9.53%, and the total return is 12.15%.
• One Year: The price return is 9.44%, and the total return is 15.99%.
• Three Year: The price return is 44.33%, and the total return is 68.51%.
For example, if you had invested $10,000 based on the estimated price from roughly one year ago ($24.42), the price-only growth would have increased that amount by approximately 9.44%.
Income and distribution explanation
This ETF pays out cash to investors, but it does so on an irregular or less frequent basis. In the last 12 months, it had 3 payout events. The distribution yield is 5.66%.
It is important for beginners to know that a high distribution yield alone can be misleading. A yield tells you how much cash is being paid relative to the price, but it does not guarantee that the overall investment is growing.
NAV erosion explanation
"NAV erosion" happens when the actual value of the fund's assets drops over time, which can lead to a falling share price. StockValueFinder uses an erosion-risk score to measure this.
ECOW has an erosion score of 100, and the erosion severity is listed as "good." The data states "No price erosion detected," and the severe erosion-risk flag is false.
Top Holdings
The portfolio is spread across many companies. As of October 7, 2026, some of the top holdings include:
• MTN Group Ltd (2.2%)
• NetEase Inc Ordinary Shares (2.16%)
• Dubai Electricity & Water Authority PJSC (2.15%)
• Adnoc Gas PLC (2.14%)
• Axia Energia (2.14%)
Pros
• Positive price and total returns over the short and long term.
• No detected price erosion.
• An "A" income rating grade.
Cons
• Cash distributions are irregular rather than on a set schedule.
• Investments in emerging markets can be different from domestic markets.
Beginner takeaway
ECOW is an ETF that provides exposure to emerging market companies. It has shown growth in both its share price and its total return over the last three years. While it provides a distribution yield of 5.66%, these payments are not frequent. Investors generally look for principal stability to ensure their original investment doesn't disappear while they collect income.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | MTN GROUP LTD | n/a | 2.20% |
| 2 | NETEASE INC ORDINARY SHARES | n/a | 2.16% |
| 3 | DUBAI ELECTRICITY & WATER AUTHORITY PJSC | n/a | 2.15% |
| 4 | ADNOC GAS PLC | n/a | 2.14% |
| 5 | AXIA ENERGIA | n/a | 2.14% |
| 6 | n/a | n/a | 2.13% |
| 7 | LATAM AIRLINES GROUP SA | n/a | 2.11% |
| 8 | n/a | n/a | 2.11% |
| 9 | TELEFONICA BRASIL SA | n/a | 2.10% |
| 10 | AMBEV SA | n/a | 2.02% |