Pacer US Large Cap Cash Cows Growth Leaders ETF

Shareclass
Pacer US Large Cp CA Cows Gr Ldrs ETF (COWG)
Type
Exchange-traded fund
Manager
Prison industrial complex grade: One or more holdings were flagged as higher risk by our prison industrial complex screen, making up over 2% of the portfolio. Assigned a grade of F.
F
$76.67 MILLION
Prison industrial complex
4
flagged holdings
6.39%
of assets flagged
Data as of 31 Mar 2025
Flagged investments:
$76.67 MILLION, 6.39% of assets
 Higher risk:
$46.09 MILLION, 3.84% of assets
 Private prison operators:
$0, 0% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
2
holdings
$17M
invested
1.42%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
3
holdings
$66.45M
invested
5.54%
of portfolio
All flagged holdings
4 holdings
4 holdings
  • 1.  
     Palantir Technologies Inc Ordinary Shares - Class A
    Border industry
    $46.09M
    3.84%
  • 2.  
    Salesforce Inc
    Border industry
    $13.57M
    1.13%
  • 3.  
    McDonald's Corp
    Prison industry
    $10.22M
    0.85%
  • 4.  
    Microsoft Corp
    Prison industryBorder industry
    $6.78M
    0.57%
Higher risk
Private prison operator
Pacer US Large Cap Cash Cows Growth Leaders ETF $COWG is 6.39% ($76.67 MILLION) invested in companies with prison involvement
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Financial performance
Performance data provided byMorningstarFind more financial data on COWG at Morningstar.com
Current fund
COWG
Pacer US Large Cap Cash Cows Growth Leaders ETF
Family
Pacer
Category
Mid-Cap Growth
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 1-yr returns 
11% more in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.31% less invested
More invested in higher risk companies, border industry 
2.12% more invested
More invested in higher risk companies 
2.12% more invested
Less invested in all screened prison industry companies 
17.11% less invested
Less invested in all screened border industry companies 
11.22% less invested
Less invested in all screened companies 
15.38% less invested
Current fund
COWG
Pacer US Large Cap Cash Cows Growth Leaders ETF
Family
Pacer
Category
Mid-Cap Growth
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 1-yr returns 
11% more in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.31% less invested
More invested in higher risk companies, border industry 
2.12% more invested
More invested in higher risk companies 
2.12% more invested
Less invested in all screened prison industry companies 
17.11% less invested
Less invested in all screened border industry companies 
11.22% less invested
Less invested in all screened companies 
15.38% less invested
Current fund
COWG
Pacer US Large Cap Cash Cows Growth Leaders ETF
Family
Pacer
Category
Mid-Cap Growth
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 3/31/25
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 1-yr returns 
11% more in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.31% less invested
More invested in higher risk companies, border industry 
2.12% more invested
More invested in higher risk companies 
2.12% more invested
Less invested in all screened prison industry companies 
17.11% less invested
Less invested in all screened border industry companies 
11.22% less invested
Less invested in all screened companies 
15.38% less invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
COWG - Pacer US Large Cap Cash Cows Growth Leaders ETF
19%
/
/
/
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
8.22%
9.03%
19%
12%
0% 
Fund compared to benchmark
 
11%
/
/
/
Same
Find more financial data on COWG at Morningstar.com
What's next?
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Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
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