LCOW ETF — Pacer S&P 500 Quality FCF Aristocrats ETF

Pacer S&P 500 Quality FCF Aristocrats ETF (LCOW)

Updated October 16, 2026.

LCOW is an ETF. its distribution rate is 0.64%, its trailing-12-month yield is 0.64%, its expense ratio is 0.49%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 36.8% over the past 1.4 years, 1.5 points behind SPY at 38.3%.

Pacer S&P 500 Quality FCF Aristocrats ETF is an equity ETF that tracks an index of S&P 500 companies with at least ten consecutive years of positive free cash flow, combined with high free cash flow margins and strong returns on invested capital. The fund distributes quarterly at a modest rate and carries an expense ratio of 0.49%. It appeals to income investors seeking exposure to established, cash-generative large-cap companies with proven financial discipline.

LCOW performance versus SPY

Price and return data through 2026-10-16.

Total return is 36.8% over the past 1.4 years, 1.5 points behind SPY at 38.3%. Its deepest 1-year drawdown was 10.3%.

LCOW key facts

Distribution Safety Score™

50 · Unproven

Issuer

Pacer

Asset type

ETF

Asset class

Equity

Inception date

05/06/2025

Expense ratio

0.49%

Distribution rate

0.64%

Distribution frequency

Quarterly

Trailing yield

0.64%

Last close

$27.05 (as of 2026-10-16)

AUM

$26,898,307

Average volume

270.0

Dividend

$0.04303

Ex-dividend date

09/03/2026

Payment date

09/08/2026

Beta

0.9237

How Dividend Vision calculates yield and returns

Distribution rate (0.64%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.64%) 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.

LCOW risks and drawbacks

LCOW'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 10.3%.

Who may consider LCOW — and who may not

It is a weaker fit for investors who need monthly cash flow (LCOW 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 LCOW

• All tickers starting with L

Tagged: S&P500, Large Cap, Index.

Frequently asked questions

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