Key stats
About Pacer Developed Markets International Cash Cows 100 ETF
Home page
Inception date
Jun 16, 2017
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Pacer Advisors, Inc.
Distributor
Pacer Financial, Inc.
ICOW provides access to the developed ex-US space with a twist. Starting with the FTSE Developed Ex-US Index, ICOW screens out financial companies and companies projected to have negative free cash flows or earnings in the next two years. It ranks the remaining firms by trailing 12-month free cash flow yield, takes the top 100 companies, and weights them by their trailing cash flow yield. Generally, high cash flows indicate that a company has a healthy business and can afford to pay dividends or invest in new opportunities.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Electronic Technology
Consumer Durables
Stocks99.17%
Energy Minerals19.83%
Electronic Technology11.78%
Consumer Durables10.84%
Transportation9.23%
Communications6.64%
Non-Energy Minerals6.14%
Consumer Non-Durables5.62%
Industrial Services5.44%
Producer Manufacturing4.93%
Retail Trade4.79%
Distribution Services4.33%
Health Technology3.51%
Technology Services3.30%
Commercial Services2.46%
Process Industries0.34%
Bonds, Cash & Other0.83%
Cash0.83%
Stock breakdown by region
Europe56.09%
Asia32.92%
North America7.35%
Oceania3.64%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ICOW invests in stocks. The fund's major sectors are Energy Minerals, with 19.83% stocks, and Electronic Technology, with 11.78% of the basket. The assets are mostly located in the Europe region.
ICOW top holdings are SK hynix Inc. and Vodafone Group Public Limited Company, occupying 2.56% and 2.10% of the portfolio correspondingly.
ICOW last dividends amounted to 0.24 USD. The quarter before, the issuer paid 0.25 USD in dividends, which shows a 3.10% decrease.
ICOW assets under management is 1.13 B USD. It's risen 3.87% over the last month.
ICOW fund flows account for −332.35 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ICOW pays dividends to its holders with the dividend yield of 2.18%. The last dividend (Jun 11, 2025) amounted to 0.24 USD. The dividends are paid quarterly.
ICOW shares are issued by Pacer Advisors, Inc. under the brand Pacer. The ETF was launched on Jun 16, 2017, and its management style is Passive.
ICOW expense ratio is 0.65% meaning you'd have to pay 0.65% of your investment to help manage the fund.
ICOW follows the Pacer Developed Markets International Cash Cows 100 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ICOW invests in stocks.
ICOW price has risen by 2.37% over the last month, and its yearly performance shows a 12.00% increase. See more dynamics on ICOW price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.17% over the last month, showed a 7.45% increase in three-month performance and has increased by 14.77% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.17% over the last month, showed a 7.45% increase in three-month performance and has increased by 14.77% in a year.
ICOW trades at a premium (0.22%) meaning the ETF is trading at a higher price than the calculated NAV.