I cannot answer for the US but the Evangelical Church of Germany follows a six years cycle which I believe used to be a one or three year cycle till a couple of decades ago. I have read about this somewhere but cannot remember where. Also there is a lot of sermons by Luther himself which I believe follow the original one year cycle. I would assume this cycle was similar to the Catholic one. The Catholic Church as well as the Oldcatholic in Germany use a three year cycle.
Actually I do not think that reverends in the ECG are at freedom to use another text than the one "ordained" for every Sunday. Also the SELK, LCMS's sister church, follows a cycle. This year it is identical. Whether that is a coincidence or whether they also follow the six year cycle, I cannot tell.
Like many German christians from the hyperliberal "Bishopess" all the way to the very conservatine ones, I use a booklet with the
Daily Texts published by the Moravian Church for daily devotions. This booklet shows the text used for each Sunday's sermon. So when I am in Germany I know what is going to be preached and I like this.
A negative aspect is maybe that pastors can just simply download a sermon from the Internet and read it. Rather than writing one themselves. But then again, maybe that is not so bad in some cases.