GCOW ETF — Pacer Global Cash Cows Dividend ETF

Pacer Global Cash Cows Dividend ETF (GCOW)

Updated October 16, 2026.

GCOW is an ETF. its distribution rate is 3.65%, its trailing-12-month yield is 4.85%, its expense ratio is 0.60%. Dividend Vision Distribution Safety Score™ is 74/100 (Generally safe). Total return is 192.8% over the past 10.6 years, 179.1 points behind SPY at 371.9%.

Pacer Global Cash Cows Dividend ETF is an index-tracking fund that invests at least 80% of its assets in global companies selected for high free cash flow yields combined with strong dividend payments. The fund distributes dividends quarterly at a current moderate distribution rate and carries an expense ratio of 0.60%. It appeals to income-focused investors seeking dividend exposure across international markets with an emphasis on companies backed by substantial free cash generation.

GCOW performance versus SPY

Price and return data through 2026-10-16.

Total return is 192.8% over the past 10.6 years, 179.1 points behind SPY at 371.9%. Over the past year its total return — price change plus distributions reinvested — is 24.4%. Its deepest 1-year drawdown was 7.8%.

GCOW key facts

Distribution Safety Score™

74 · Generally safe

Safety-Adjusted Yield

2.70%

Issuer

Pacer

Asset type

ETF

Asset class

Equity

Inception date

02/22/2016

Expense ratio

0.60%

Distribution rate

3.65%

Distribution frequency

Quarterly

Trailing yield

4.85%

Last close

$46.87 (as of 2026-10-16)

AUM

$3,398,244,726

Average volume

254596.0

Dividend

$0.428

Ex-dividend date

09/03/2026

Payment date

09/08/2026

Beta

0.37

How Dividend Vision calculates yield and returns

Distribution rate (3.65%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.85%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Pacer; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GCOW risks and drawbacks

GCOW's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.8%.

Who may consider GCOW — and who may not

GCOW may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (GCOW pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on GCOW

• All tickers starting with G

Tagged: Basket, Dividend, International, Index.

Frequently asked questions

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