MCOW ETF — Pacer S&P MidCap 400 Quality FCF Aristocrats ETF

Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW)

Updated October 16, 2026.

MCOW is an ETF. its distribution rate is 0.20%, its trailing-12-month yield is 0.26%, its expense ratio is 0.49%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 7.5% over the past 1.1 years, 11.7 points behind SPY at 19.2%.

Pacer S&P MidCap 400 Quality FCF Aristocrats ETF is an equity fund that tracks mid-capitalization companies demonstrating consistent free cash flow generation—those with positive FCF for at least seven consecutive years and elevated FCF margins and returns on invested capital relative to peers in the S&P MidCap 400 Index. The fund carries a modest distribution rate with quarterly distributions and a 0.49% expense ratio. It appeals to income-focused investors seeking dividend or distribution exposure within the mid-cap segment, particularly those favoring companies with demonstrated cash generation strength.

MCOW performance versus SPY

Price and return data through 2026-10-16.

Total return is 7.5% over the past 1.1 years, 11.7 points behind SPY at 19.2%. Its deepest 1-year drawdown was 14.5%.

MCOW key facts

Distribution Safety Score™

50 · Unproven

Issuer

Pacer

Asset type

ETF

Asset class

Equity

Inception date

08/27/2025

Expense ratio

0.49%

Distribution rate

0.20%

Distribution frequency

Quarterly

Trailing yield

0.26%

Last close

$21.87 (as of 2026-10-16)

AUM

$1,114,367

Average volume

2094.0

Dividend

$0.011

Ex-dividend date

09/03/2026

Payment date

09/08/2026

Beta

1.1444

How Dividend Vision calculates yield and returns

Distribution rate (0.20%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.26%) 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.

MCOW risks and drawbacks

MCOW'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 14.5%.

Who may consider MCOW — and who may not

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

• All tickers starting with M

Tagged: Mid Cap.

Frequently asked questions

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