Pacer Funds Trust - Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF

Frequently Asked Questions About QQWZ

What does QQWZ invest in?

QQWZ follows an index that toggles between the holdings of the Pacer US Cash Cows 100 Index and the Nasdaq-100 Index. The index utilizes a proprietary methodology that seeks to identify the sub-index with the strongest momentum based on the equal-weighted average monthly returns of the last one, three, six, nine, and 12 months. The fund will hold the constituents of the identified sub-index until the index specifies that the other sub-index has stronger momentum. The Pacer US Cash Cows 100 Index consists of US large-cap stocks with the highest free cash flow yield, while the Nasdaq-100 Index holds 100 of the largest non-financial stocks listed on Nasdaq. The underlying index reconstitutes and rebalances on a monthly basis.

What is the expense ratio of QQWZ?

Pacer Funds Trust - Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QQWZ?

Pacer Funds Trust - Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ) manages $40.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is QQWZ actively managed or an index fund?

QQWZ is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (QQWZ's is 0.49%) because there's no security selection cost.

When was QQWZ launched?

Pacer Funds Trust - Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF (QQWZ) launched in May 2025 and is managed by Pacer.

How has QQWZ performed?

QQWZ's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.