COWZ vs FDL overlap - what they share and where they differ
COWZ and FDL share 17.4% of their weight across 13 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
COWZ and FDL
17.4%
13 shared positions
COWZ
Pacer US Cash Cows 100 ETF
Reported positions cover 100% of the fund, 100 positions · Apr 30, 2026
Top 10: 21.1%·Holdings of COWZ
FDL
First Trust Morningstar Dividend Leaders Index Fund
Reported positions cover 100% of the fund, 99 positions · Jun 30, 2026
Top 10: 48.1%·Holdings of FDL
Reported positions cover COWZ 100%, FDL 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
FDL vs COWZ side by side
COWZPacer US Cash Cows 100 ETF
100
stock positions reported to the SEC
81.6% of its weight is in 87 names FDL does not hold
FDLFirst Trust Morningstar Dividend Leaders Index Fund
99
stock positions reported to the SEC
65.1% of its weight is in 86 names COWZ does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Technology: COWZ has 22.3 points more of it.
The figures side by side
| COWZ | FDL | |
|---|---|---|
| Filing date | Apr 30, 2026 | Jun 30, 2026 |
| Stock positions reported | 100 | 99 |
| Weight of the ten largest | 21.1% | 48.1% |
| Largest position | QCOM 2.7% | CVX 7.4% |
| Held alone | 87 positions, 81.6% | 86 positions, 65.1% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In COWZ | In FDL | Counted |
|---|---|---|---|
| MOAltria Group Inc | 2.20% | 4.64% | 2.20% |
| BMYBristol-Myers Squibb Co | 2.03% | 3.43% | 2.03% |
| PFEPfizer Inc | 1.99% | 5.91% | 1.99% |
| VZVerizon Communications Inc | 1.90% | 7.17% | 1.90% |
| CMCSAComcast Corp | 1.71% | 3.13% | 1.71% |
| ACNAccenture PLC | 1.68% | 1.84% | 1.68% |
| UPSUnited Parcel Service Inc | 1.68% | 3.15% | 1.68% |
| TGTTarget Corp | 1.07% | 1.41% | 1.07% |
| KHCKraft Heinz Co/The | 1.12% | 0.91% | 0.91% |
| HPQHP Inc | 1.02% | 0.61% | 0.61% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in COWZ
Only in FDL
Questions people ask
Is COWZ the same as FDL?
17.4% of their weight sits in the same 13 holdings. COWZ also reports QCOM, COP, CVS, which the other does not. FDL also reports CVX, PM, PEP, which the other does not.
How is the overlap between COWZ and FDL measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of COWZ and 100% of FDL, so the number cannot exceed the smaller coverage.
Which holds more, FDL or COWZ?
COWZ reports 100 stock positions and FDL reports 99. 81.6% of COWZ's weight sits in names FDL does not hold, and 65.1% of FDL's weight in names COWZ does not hold. The ten largest positions are 21.1% of COWZ and 48.1% of FDL.
How do COWZ and FDL differ by sector?
The widest gap is Technology: COWZ has 22.3 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.