COWZ: 2022 ETF of the Year

Pacer ETFs’ COWZ Wins ETF of the Year at With Intelligence’s 2022 Mutual Fund and ETF Awards
 

The ETF provider’s free cash flow yield ETF receives recognition for performance at the annual award ceremony
 

MALVERN, Pa. — July 20, 2022 — Pacer ETFs (“Pacer”), an ETF provider that offers strategy- driven, rules-based ETFs, is thrilled to announce that the Pacer US Cash Cows 100 ETF (Ticker: COWZ) was awarded “ETF of the Year” at this year’s With Intelligence Mutual Fund and ETF Awards. Winners were chosen for excellence in fund leadership, sales, marketing and performance.

“The success that COWZ has seen in the past year is no surprise, given the fund’s construction and index rules,” says Pacer ETFs president Sean O’Hara. “With COWZ, investors are able to capitalize on companies that offer high free cash flow, and a high free cash flow yield. This recognition is testament to the importance of providing investors with ETF strategies that can perform even in challenging market environments.”

Launched in 2016, COWZ is a strategy-driven ETF that aims to provide capital appreciation over time by screening the Russell 1000 for the top 100 companies based on free cash flow yield. In 2022, COWZ became Pacer’s largest fund based on assets under management. As of July 15, 2022, COWZ had $6 billion in assets and benchmark beating performance. In addition, GCOW, a global large cap fund in the series, grew from $135 million to $570 billion year-to-date and CALF, a small-cap US ETF in the series grew from $440 million to nearly $1 billion.

COWZ has seen tremendous growth in the last year despite the increasingly volatile market, which showcases the power of Pacer ETFs” says Joe Thomson, president of Pacer Financial. “We’re proud to provide products that can help investors and advisors grow capital with unique strategies.”


For more information:

Pacer ETFs is not responsible for the content of external websites.