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PSCW

GradeBChicago Board Options Exchange

Pacer Swan SOS Conservative (April) ETF

Buffered · Pacer · Inception 2021-03-30 · SEC filings

$30.66−0.06 (−0.18%)

As of Sep 23, 2026, 1:59 PM EDT

History starts Nov 1, 2021.
Intraday session: down, 12 prints from 30.71 to 30.66. Range 30.66 to 30.72. Use the arrow keys to read each point.$30.68$30.70$30.7210 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$61M
1Y return
+12.3%
Yield · Last 12 months
—
Holdings
6
Volume · 30D
0M sh
NAV per share
$30.71
52W range
low $27.24high $30.72

The ETF.net PSCW Grade

B

58/ 100

Rank 2 of 19 in S&P 500 Deep Buffer 25-30%⁠

Confidence Medium

Six-pillar profile for PSCW. Scores out of 100: Cost 81, Risk 56, Mission not scored, Tradability 28, Holdings not scored, Durability 28. Strongest: Cost (81). Weakest: Durability (28). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 58 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 81
    Category rank5/19 · top 26%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 56
    Category rank5/18 · top 28%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 28
    Category rank14/19 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 28
    Category rank15/19 · bottom quartile

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on PSCW

ETF.net Research

BA 25% cushion against S&P 500 losses for 0.49%, well under the going rate in the deep-buffer aisle. Options do the work: index-like upside to a yearly cap, the first 25% of a decline absorbed, and the whole contract reset every April.

Stated mandate

The Fund seeks to match the returns of the SPDR S&P 500 ETF Trust, before fees and expenses, up to a predetermined upside cap while providing a downside risk-mitigation buffer over an approximate one-year period.

Why people hold it

  1. 01Costs 0.49% while the typical deep-buffer peer sits nearer 0.85% (DMAR is 0.85%, UFEB 0.79%). When your upside is capped, the fee you skip is upside you keep.
  2. 02Deep by design: the buffer aims to absorb the first 25% of the referenced S&P 500 ETF's decline, before fees, over an approximate one-year period starting each April 1.paceretfs.com
  3. 03One reference asset, one buffer, one cap, built with FLEX options. No factor tilt, no stock picking, nothing to second-guess about what is inside.paceretfs.com
  4. 04Sibling funds (PSCX, PSCQ, PSCJ) run the same conservative strategy on different reset months, so an April start date is a choice rather than the only option.paceretfs.com

Worth knowing

  1. 01Thinly traded next to the giants of the buffer world, so spreads can be wide and entry and exit deserve attention.
  2. 02The cap is reset each April from whatever options pricing allows, and it is measured before fees. Buying mid-period means a different buffer and cap than the headline terms.paceretfs.com
  3. 03Not an income vehicle: the structure has not paid a distribution over the past year, so results show up in the share price.

PSCW Holdings

As of Sep 16, 2026, 3:19 PM
Asset class
Stocks
Holdings
6
Top-10 weight
109%
Largest holding
SPY 03/31/2027 7.15 C107.3%

Sectors

The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—SPY 03/31/2027 7.15 C107.35%879$66M1
002—SPY 03/31/2027 617.82 P0.99%879$606K1
003—U.S. Bank Money Market Deposit Account 06/01/20310.28%170,255$170K100

Showing 1–3 of 3 holdings

PSCW Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PSCW$11,233
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. PSCW $11,233. SPY $11,723. Use the arrow keys to read each point.$9,353$10,646$11,940Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PSCW. Periods over one year show the average yearly return.
PeriodPSCW
Year to date+10.1%
1 month+0.8%
3 months+2.5%
1 year+12.3%
3 years+12.3%per year
5 yearsHistory unavailable—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PSCW
YearReturn barPSCW
2026 YTD+10.1%
2025+6.6%
2024+13.0%
2023+11.4%
2022−5.5%
2021+1.1%

History from Nov 1, 2021

PSCW in the news

ETF.net Research hasn’t filed on PSCW yet — coverage lands here as it’s written.

PSCW Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

PSCW Risk

How much the fund’s monthly returns vary, scaled to a year.
6.5%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.98
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−11.9%
58 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.46
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

PSCW Cost

Expense ratio0.49%
  • The middle half of S&P 500 Deep Buffer 25-30% funds
  • Median 0.85%

2 of the 19 S&P 500 Deep Buffer 25-30% funds charge less.

PSCW costs $49.00 a year on $10,000. The median S&P 500 Deep Buffer 25-30% fund costs $85.00.