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Launched · SEC filings

Pacer Swan SOS Flex (January) ETF

PSFDCboeB

$41.36+0.02 (+0.05%)

As of Oct 13, 2026, 3:59 PM

B60/ 100

Rank 3 of 24 in S&P 500 Buffer 20%

B60/100Rank 3 of 24inS&P 500 Buffer 20%
Intraday session: up, 40 prints from 41.34 to 41.36. Range 41.31 to 41.37. Use the arrow keys to read each point.41.3141.3241.3341.3541.3710 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$61M
1Y total return
+14.8%
Yield · Last 12 months
—
Holdings
4
Avg volume · 30D
0M sh
NAV per share
$41.32
52W range
low $35.77high $41.35
Launched
Filings
SEC EDGAR

The ETF.net PSFD Grade

Based on 4 of 6 pillars

B

Score 60 out of 100

Category
S&P 500 Buffer 20%⁠
Rank
3 of 24
Six-pillar profile for PSFD. Scores out of 100: Cost 85, Risk 30, Mission not scored, Tradability 41, Holdings not scored, Durability 67. Strongest: Cost (85). Weakest: Risk (30). Based on 4 of 6 pillars.

Score 60 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A85 out of 100
    Rank 1 of 24

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D30 out of 100
    Rank 22 of 23

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C41 out of 100
    Rank 17 of 24

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B67 out of 100
    Rank 6 of 24

Our read on PSFD

ETF.net Research

BAbsorbs the first 20% of a drop in the SPDR S&P 500 ETF Trust over each 12-month period, with your upside capped in exchange. One of the original 2020 Pacer/Swan buffer funds, and priced under most deep-buffer rivals.

Stated mandate

The fund seeks to match the returns of the SPDR S&P 500 ETF Trust up to a stated cap while mitigating specified downside losses through a structured buffer strategy over an approximately one-year period.

Why people hold it

  1. 010.49% a year versus a 0.74% median for 20%-buffer S&P 500 funds, undercutting the AllianzIM month-series lineup (JANW, APRW, JUNW). When upside is capped, fees come straight out of the ceiling.
  2. 02Deep cushion, clean reset: FLEX options are structured to absorb the first 20% of underlying losses over the roughly one-year period, with a new cap struck at the start of each period.paceretfs.com
  3. 03Siblings run the same recipe on other calendars (PSFM in April, PSFJ in July), so start dates can be staggered instead of pinned to one January strike. Standing sits in the upper half of the deep-buffer group.

Worth knowing

  1. 01Thinly traded. Spreads can be wider and larger orders harder to fill than in the giants of the buffer aisle.
  2. 02No income stream: the fund holds options on an S&P 500 tracker rather than the stocks, and it has not paid a distribution.paceretfs.com
  3. 03Buffer and cap run start to finish of the period and are set before fees and expenses. Shares bought mid-period carry different remaining cushion and headroom.paceretfs.com

PSFD Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
4
Top-10 weight
103%
Largest holding
Spy 12/31/2026 7.64 C102.5%

Sectors

  • Technology40.1%
  • Financials11.3%
  • Communication9.9%
  • Health Care9.4%
  • Consumer Discretionary8.7%
  • Industrials7.6%
  • Consumer Staples4.4%
  • Energy3.4%
  • Utilities1.9%
  • Real Estate1.7%
  • Materials1.6%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—Spy 12/31/2026 7.64 C102.49%813$62M1
002—Spy 12/31/2026 681.92 P0.45%813$276K2
003—U.S. Bank Money Market Deposit Account 06/01/20310.21%128,504$129K103
004—Spy 12/31/2026 409.15 P0.03%813$19K1

Showing 1–4 of 4 holdings

PSFD Performance

Launched Dec 22, 2020

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

Not enough history yet.
PSFD$11,479
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. PSFD $11,479. SPY $12,044. Use the arrow keys to read each point.$9,582$10,912$12,243Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 PSFD. Periods over one year show the average yearly return.
PeriodPSFD
Year to date+10.6%
1 month+1.4%
3 months+3.1%
1 year+14.8%
3 yearsper year+15.6%
5 yearsper year+12.0%
10 yearsFund is under 10 years oldper 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 PSFD
YearReturn barPSFD
2026 YTD+10.6%
2025+12.9%
2024+14.5%
2023+20.9%
2022−3.0%
2021+18.2%
2020+1.3%

History from Dec 23, 2020

PSFD in the news

Filtered to PSFD · S&P 500 Buffer 20%

PSFD Dividends

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

No distributions in the last 12 months.

PSFD Risk

How much the fund’s monthly returns vary, scaled to a year.
7.6%
Annualised · 36 months to Sep 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.
1.38
vs 3-month T-bills · to Sep 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.
−14.9%
Trough Jun 2022
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.
0.56
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.

PSFD Cost

Expense ratio0.49%
  • The middle half of S&P 500 Buffer 20% funds
  • Median 0.74%

No S&P 500 Buffer 20% fund charges less.

PSFD costs $49.00 a year on $10,000. The median S&P 500 Buffer 20% fund costs $74.00.

Other funds in S&P 500 Buffer 20%

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