Pacer Developed Markets International Cash Cows 100 ETF Price & Performance (ICOW)

The Pacer Developed Markets International Cash Cows 100 ETF (ICOW) saw its price rise to $30.73 as of April 17, with over 141,000 shares traded. Despite lagging the broader market over the past year, ICOW has outperformed in recent months, returning 4.4% over three months while maintaining low volatility and a beta of 0.63.12

ICOW ETF has experienced a 10% drop over the past ten days, closing at $28.83 on April 4. Technical signals remain negative, with both short- and long-term moving averages indicating continued weakness. While a rebound is possible over the next three months, near-term risks remain elevated for investors.34

The ICOW ETF targets top international companies with strong free cash flow yields, aiming for long-term capital appreciation. The index excludes firms with negative cash flow and focuses on value by weighting holdings by trailing twelve-month free cash flow, providing exposure to quality, cash-generating businesses outside the U.S.56