ECOW vs FCAL

Comparison between PACER EMERGING MARKETS CASH COWS 100 ETF (ECOW, ETF) and FIRST TRUST CALIFORNIA MUNICIPAL HIGH INCOME ETF (FCAL, ETF).

5-Year PerformanceECOW has outperformed FCAL, delivering a return of +5.5% compared to +0.8%

ECOW vs FCAL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ECOW(ETF)	FCAL(ETF)
Net Assets	$204M	$205M
Expense Ratio	0.70%	0.49%
Max Drawdown	41.32%	16.86%
Sharpe Ratio	1.67	1.06
5Y Beta	0.58	-0.00
5Y Dividends CAGR	9.86%	7.56%

Net Assets

ECOW

$204M

Winner

FCAL

$205M

Expense Ratio

ECOW

0.70%

Winner

FCAL

0.49%

Max Drawdown

ECOW

41.32%

Winner

FCAL

16.86%

Sharpe Ratio

Winner

ECOW

1.67

FCAL

1.06

5Y Beta

ECOW

0.58

Winner

FCAL

-0.00

5Y Dividends CAGR

Winner

ECOW

9.86%

FCAL

7.56%

ECOW vs FCAL - Historical Returns

Returns include dividend reinvestment.

Period	ECOW	FCAL
1 month	-5.03%	+0.67%
3 months	+1.32%	+0.40%
6 months	+9.26%	+2.25%
1 year	+30.76%	+6.83%
5 years(CAGR)	+5.46%	+0.79%
10 years(CAGR)	N/A	+2.60%
Max(CAGR)	+7.05%	+2.60%

ECOW

-5.03%

Winner

FCAL

+0.67%

Winner

ECOW

+1.32%

FCAL

+0.40%

Winner

ECOW

+9.26%

FCAL

+2.25%

Winner

ECOW

+30.76%

FCAL

+6.83%

5Y(CAGR)

Winner

ECOW

+5.46%

FCAL

+0.79%

10Y(CAGR)

ECOW

N/A

FCAL

+2.60%

Max(CAGR)

Winner

ECOW

+7.05%

FCAL

+2.60%

ECOW vs FCAL - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	ECOW	FCAL
2026	+8.58%	+1.74%
2025	+32.71%	+3.05%
2024	+4.16%	+1.84%
2023	+15.13%	+6.19%
2022	-19.70%	-9.40%
2021	+6.91%	+3.02%
2020	-4.71%	+3.39%
2019	+10.33%	+9.63%
2018	N/A	+1.01%
2017	N/A	+4.40%

ECOW vs FCAL Drawdown Comparison

The maximum drawdown for ECOW was -40.27%, occurring on Mar 18, 2020. Recovery took 260 trading sessions.

The maximum drawdown for FCAL was -14.81%, occurring on Mar 20, 2020. Recovery took 204 trading sessions.

The current ECOW drawdown is -6.49%. The current FCAL drawdown is -0.34%.

Rank	ECOW	FCAL
#1	-40.27% Jan 2, 2020 - Jan 13, 2021	-14.81% Feb 28, 2020 - Dec 17, 2020
#2	-33.68% Jun 10, 2021 - Oct 2, 2024	-14.44% Jul 20, 2021 - Nov 11, 2025
#3	-18.75% Oct 7, 2024 - Jun 12, 2025	-2.96% Dec 29, 2017 - Dec 21, 2018
#4	-9.93% Jul 23, 2019 - Nov 4, 2019	-2.57% Feb 27, 2026 - Mar 27, 2026
#5	-8.35% Feb 25, 2026 - Apr 14, 2026	-2.28% Feb 12, 2021 - May 6, 2021
#6	-6.49% May 6, 2026 - Jun 5, 2026	-1.27% Aug 28, 2019 - Oct 8, 2019
#7	-5.35% Jan 20, 2021 - Feb 12, 2021	-1.10% Oct 9, 2019 - Dec 27, 2019
#8	-5.16% May 6, 2019 - Jun 26, 2019	-1.03% Dec 7, 2017 - Dec 28, 2017
#9	-4.61% Feb 19, 2021 - Mar 16, 2021	-0.88% Aug 15, 2017 - Sep 12, 2017
#10	-4.58% Mar 19, 2021 - Apr 16, 2021	-0.71% Apr 15, 2019 - Apr 30, 2019
#11	-4.17% May 10, 2021 - Jun 3, 2021	-0.71% Sep 12, 2017 - Oct 19, 2017
#12	-4.13% Nov 12, 2025 - Jan 5, 2026	-0.65% Dec 28, 2018 - Jan 31, 2019
#13	-3.80% Sep 30, 2025 - Oct 23, 2025	-0.64% Nov 20, 2017 - Dec 5, 2017
#14	-3.51% Jun 12, 2025 - Jun 30, 2025	-0.58% Dec 21, 2018 - Dec 28, 2018
#15	-3.00% Apr 17, 2026 - May 5, 2026	-0.57% Mar 29, 2019 - Apr 15, 2019