FCAL vs ECOW

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

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

FCAL vs ECOW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

FCAL

$205M

ECOW

$204M

Expense Ratio

Winner

FCAL

0.49%

ECOW

0.70%

Max Drawdown

Winner

FCAL

16.86%

ECOW

41.32%

Sharpe Ratio

FCAL

1.06

Winner

ECOW

1.67

5Y Beta

Winner

FCAL

-0.00

ECOW

0.58

5Y Dividends CAGR

FCAL

7.56%

Winner

ECOW

9.86%

FCAL vs ECOW - Historical Returns

Returns include dividend reinvestment.

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

Winner

FCAL

+0.67%

ECOW

-5.03%

FCAL

+0.40%

Winner

ECOW

+1.32%

FCAL

+2.25%

Winner

ECOW

+9.26%

FCAL

+6.83%

Winner

ECOW

+30.76%

5Y(CAGR)

FCAL

+0.79%

Winner

ECOW

+5.46%

10Y(CAGR)

FCAL

+2.60%

ECOW

N/A

Max(CAGR)

FCAL

+2.60%

Winner

ECOW

+7.05%

FCAL vs ECOW - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

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

FCAL vs ECOW Drawdown Comparison

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

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

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

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