Pacer US Cash Cows 100 ETF (COWZ) — Stock Correlations & Overview
Over the past year, COWZ has moved most closely with FLOW, DSTL, CALF. Explore the stocks most correlated and inversely correlated with COWZ below, along with its price, financials, and company profile.
Stocks correlated with COWZ
Correlation of daily returns. Higher positive values move with COWZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with COWZ
| Symbol | Company | Correlation |
|---|---|---|
| FLOW | Global X U.S. Cash Flow Kings 100 ETF | 0.92 |
| DSTL | Distillate U.S. Fundamental Stability & Value ETF | 0.90 |
| CALF | Pacer US Small Cap Cash Cows ETF | 0.88 |
| FCFY | First Trust S&P 500 Diversified Free Cash Flow ETF | 0.86 |
| HERD | Pacer Cash Cows Fund of Funds ETF | 0.86 |
Most inversely correlated with COWZ
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.75 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.73 |
| EMTY | ProShares Decline of the Retail Store ETF | -0.61 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.59 |
| SBB | ProShares Short SmallCap600 | -0.59 |
Frequently asked questions about COWZ correlations
- Which stocks are most correlated with COWZ?
- Based on one year of daily returns, the stocks most correlated with Pacer US Cash Cows 100 ETF (COWZ) are FLOW (0.92), DSTL (0.90) and CALF (0.88). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with COWZ?
- Over the past year, the stocks most inversely correlated with Pacer US Cash Cows 100 ETF (COWZ) are HDGE (-0.75), DWSH (-0.73) and EMTY (-0.61). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these COWZ correlations calculated?
- We compute the correlation of daily returns between COWZ and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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