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ECOW:NASDAQPacer Emerging Markets Cash Cows 100 ETF Analysis

Data as of 2026-03-30 - not real-time

$26.14

Latest Price

5/10Risk

Risk Level: Medium

Executive Summary

ECOW trades at $26.14, just below its 20‑day SMA of 26.34 and the 50‑day SMA of 26.70, suggesting slight downward pressure. The 14‑day RSI of 45.8 indicates a neutral momentum stance, while the MACD histogram is negative and the MACD signal is bearish, reinforcing a short‑term bias toward caution. Despite this, the fund delivered a strong YTD return of 14.23% and offers a solid dividend yield of 4.57%, providing attractive income. Its beta of 0.58 and a max drawdown of –13.1% reflect modest volatility, and the 30‑day volatility of ~20.9% aligns with typical emerging‑market risk. The Fear & Greed Index sits at 68 (“Greed”), signaling favorable market sentiment.
Recent coverage highlights the ETF’s free‑cash‑flow screening approach, which has historically produced “massive outperformance” in this niche. Coupled with a low expense ratio of 0.70% and zero tracking error, ECOW offers efficient exposure to high‑yield emerging‑market equities. Technical levels show support at $25.63 and resistance near $26.95, capping near‑term upside, but the strong dividend and low beta make it appealing for income‑focused investors. Liquidity is a concern, as daily volume has fallen to 8,704 shares versus a 10‑day average of 40,030, implying medium liquidity risk. Overall, ECOW presents a balanced risk‑return profile for investors comfortable with diversified emerging‑market exposure.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 6/10

Key Factors

  • Neutral technical indicators (RSI 45.8, bearish MACD)
  • Strong dividend yield of 4.57%
  • Decreasing volume indicating liquidity caution

Medium Term

1–3 years
Positive
Model confidence: 7/10

Key Factors

  • Free cash flow screening driving outperformance
  • Low beta (0.58) reducing market volatility
  • Favorable market sentiment (Fear/Greed index 68)

Long Term

> 3 years
Positive
Model confidence: 8/10

Key Factors

  • Diversified emerging‑market exposure with growth potential
  • Efficient cost structure (expense ratio 0.70%)
  • Sustainable income from 4.57% dividend yield

Key Metrics & Analysis

Fund Metrics

Expense Ratio0.70%
AUM$187.7M
Inception Date2019-05-02
Avg Daily Volume40,030
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield4.57%

Technical Analysis

TrendNeutral
RSI45.8
Support$25.63
Resistance$26.95
MA 20$26.34
MA 50$26.70
MA 200$24.62
MACDBearish
VolumeDecreasing
Fear & Greed Index68

Risk Assessment

Beta0.58
Volatility20.88%
Currency RiskMedium
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.