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Dividend Vision

QQWZ ETF — Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ)

Updated October 16, 2026.

Verdict as of October 16, 2026

QQWZ's distribution is rated unproven by the Dividend Vision Distribution Safety Score™ (50/100, medium confidence). It pays quarterly and its distribution rate is 0.36%. The latest total cash payment per current share, $0.024 with an ex-date of September 3, 2026, was 66.7% lower than the previous $0.072. These payments are unclassified; this does not establish a base-dividend change.

Sources: Pacer, Section 19a-1 notices, scoring methodology.

QQWZ is an ETF. its distribution rate is 0.36%, its trailing-12-month yield is 0.67%, its expense ratio is 0.49%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 33.7% over the past 1.4 years, 4.6 points behind SPY at 38.3%.

Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF is an ETF that provides exposure to large-capitalization companies using a rules-based methodology, with at least 80% of assets invested in Nasdaq 100 component stocks. The fund carries a modest current distribution rate paid quarterly and has a low expense ratio of 0.49%. It appeals to equity investors seeking exposure to large-cap growth companies with a modest income component.

QQWZ dividend yield and income

Price as of 2026-10-16.

The distribution rate (0.36%) uses calculation basis unavailable. Trailing-12-month yield (0.67%) is the last year of cash distributions by ex-date divided by the current price. The dividend amount is $0.024. The ex-dividend date is 09/03/2026. The payment date is 09/08/2026.

6 recorded distributions
Ex-dateAmountChange from previous payment
2026-09-03$0.024-66.7%
Unclassified cash
2026-06-04$0.07210.8%
Unclassified cash
2026-03-05$0.065N/A
2025-12-30$0.01677.8%
Unclassified cash
2025-09-04$0.009200.0%
Unclassified cash
2025-06-05$0.003—
2025 total (partial launch year)$0.028—
2026 YTD total$0.161—

QQWZ holdings and sector exposure

Holdings are not available for this snapshot.

QQWZ performance versus SPY

Price and return data through 2026-10-16.

Total return is 33.7% over the past 1.4 years, 4.6 points behind SPY at 38.3%. Its deepest 1-year drawdown was 11.3%.

WindowTotal returnCAGR
1M-7.9%—
3M-6.1%—
6M0.5%—
YTD6.0%—
1Y7.8%—
Since inception (1.4 years)33.7%22.30%

QQWZ 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
0.36%
Distribution frequency
Quarterly
Trailing yield
0.67%
Last close
$26.45 (as of 2026-10-16)
AUM
$42,661,470
Average volume
3500.0
Dividend
$0.024
Ex-dividend date
09/03/2026
Payment date
09/08/2026
Beta
0.9719

How Dividend Vision calculates yield and returns

Distribution rate (0.36%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.67%) 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.

QQWZ risks and drawbacks

QQWZ'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 11.3%.

Who may consider QQWZ — and who may not

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

Tagged: Nasdaq100, Large Cap, Index.

Frequently asked questions

Does QQWZ pay monthly?

No. QQWZ currently pays quarterly, not monthly.

What is QQWZ's expense ratio?

QQWZ's expense ratio is 0.49%.

What is QQWZ's dividend yield?

QQWZ's distribution rate is 0.36%, paid quarterly, with a 0.49% expense ratio — calculation basis unavailable.

When does QQWZ pay a dividend?

QQWZ pays quarterly. The dividend amount is $0.024. The ex-dividend date is 09/03/2026. The payment date is 09/08/2026.

How has QQWZ performed?

Total return is 33.7% over the past 1.4 years, 4.6 points behind SPY at 38.3%. Its deepest 1-year drawdown was 11.3%.

Is QQWZ a good investment?

QQWZ's Dividend Vision Distribution Safety Score is 50 (Unproven). That is a risk signal, not investment advice. Its distribution rate is 0.36% (calculation basis unavailable). Compare peers below rather than treating any single figure as a buy or sell.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.