Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW) Performance
MCOW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.5% since Dec 31, 2025
- 1 year
- +9.1% total return
- Since first price
- +9.4% since 2025
MCOW trailing returns vs SPY, QQQ, AGG
| Period | MCOW total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.6% | +2.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +6.2% | +6.1% | +3.2% | +1.9% | −0.4% |
| 6 months | +12.9% | +12.7% | +7.8% | +8.4% | −1.5% |
| YTD | +13.5% | +13.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.1% | +8.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 28, 2025 | +9.4% | +9.1% | — | — | — |
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: MCOW vs SPY
From Aug 28, 2025: MCOW grew to $10,941, SPY to $11,870.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MCOW returns by calendar year
2026 is year to date.
MCOW annual returns table
| Year | MCOW | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.5% | −13.9% | +12.3% | +15.1% | −1.0% |
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.
MCOW largest drawdowns
Now 1.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 18, 2025 | −15.0% | Mar 30, 2026 | May 26, 2026 | 6 months | 8 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MCOW risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +10.5% |
| Volatility (annualized) | 13.7% |
| Sharpe ratio | 0.53 |
| Sortino ratio | 0.95 |
| Best month | +8.4% |
| Worst month | −6.2% |
| Best 12 months | +10.0% |
| Worst 12 months | +7.7% |
| Positive months | 54% |
| 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.
MCOW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 3 | +7.7% | +10.0% | +10.4% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
MCOW performance overview
Pacer S&P MidCap 400 Quality FCF Aristocrats ETF (MCOW) returned +9.1% over the past year, with distributions reinvested. Since its first recorded price on Aug 28, 2025 it has returned +9.4%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −15.0%, from Sep 18, 2025 to Mar 30, 2026, and it took 57 days to get back to the old high. Volatility has been 13.7% a year.
Related: MCOW chart, MCOW holdings, MCOW dividends, MCOW valuation. See the MCOW overview for the latest quote and fund facts.
MCOW performance FAQ
What is the MCOW return over the past year?
MCOW returned +9.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.8%.
How much would $10,000 invested in MCOW be worth?
$10,000 invested in MCOW at its first recorded close on August 28, 2025 would be worth about $10,941 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of MCOW?
The largest peak-to-trough decline was −15.0% between September 18, 2025 and March 30, 2026. It recovered to the old high on May 26, 2026, 57 days after the bottom.
How volatile is MCOW?
Over the past history MCOW had an annualized volatility of 13.7% and a Sharpe ratio of 0.53 (excess return over 1–3 month T-bills per unit of risk).