Pacer Solactive Whitney Future of Warfare ETF (FOWF) Performance
FOWF total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +11.6% since Dec 31, 2025
- 1 year
- +10.2% total return
- Since first price
- +44.7% since 2024
FOWF trailing returns vs SPY, QQQ, AGG
| Period | FOWF total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.5% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.8% | +1.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.3% | +4.7% | +7.8% | +8.4% | −1.5% |
| YTD | +11.6% | +11.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.2% | +9.3% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 18, 2024 | +44.7% | +42.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FOWF vs SPY
From Dec 18, 2024: FOWF grew to $14,473, SPY to $13,262.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FOWF returns by calendar year
1 of 1 full years positive. Best 2025 (+29.1%), worst 2025 (+29.1%). 2026 is year to date.
FOWF annual returns table
| Year | FOWF | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +11.6% | −10.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +29.1% | −12.3% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FOWF largest drawdowns
Now 7.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 25, 2025 | −12.3% | Apr 7, 2025 | Apr 30, 2025 | 13 days | 36 days |
| Aug 14, 2026 | −10.4% | Oct 7, 2026 | not yet | 54 days | 2 months so far |
| Mar 2, 2026 | −10.1% | Mar 30, 2026 | Jul 28, 2026 | 28 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FOWF risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +21.3% |
| Volatility (annualized) | 13.2% |
| Sharpe ratio | 1.25 |
| Sortino ratio | 2.12 |
| Best month | +7.7% |
| Worst month | −6.2% |
| Best 12 months | +38.5% |
| Worst 12 months | +8.0% |
| Positive months | 81% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FOWF rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | +8.0% | +26.1% | +38.5% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
FOWF performance overview
Pacer Solactive Whitney Future of Warfare ETF (FOWF) returned +10.2% over the past year, with distributions reinvested. Since its first recorded price on Dec 18, 2024 it has returned +44.7%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −12.3%, from Mar 25, 2025 to Apr 7, 2025, and it took 23 days to get back to the old high. Volatility has been 13.2% a year.
Related: FOWF chart, FOWF holdings, FOWF dividends, FOWF valuation. See the FOWF overview for the latest quote and fund facts.
FOWF performance FAQ
What is the FOWF return over the past year?
FOWF returned +10.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.3%.
How much would $10,000 invested in FOWF be worth?
$10,000 invested in FOWF at its first recorded close on December 18, 2024 would be worth about $14,473 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of FOWF?
The largest peak-to-trough decline was −12.3% between March 25, 2025 and April 7, 2025. It recovered to the old high on April 30, 2025, 23 days after the bottom.
How volatile is FOWF?
Over the past history FOWF had an annualized volatility of 13.2% and a Sharpe ratio of 1.25 (excess return over 1–3 month T-bills per unit of risk).