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Launched · SEC filings

Pacer Swan SOS Flex (January) ETF

PSFDCboePacerB

$40.73−0.11 (−0.28%)

As of Nov 2, 2026, 3:59 PM ET

B61/ 100

Rank 2 of 24 in S&P 500 Buffer 20%

B61/100Rank 2 of 24inS&P 500 Buffer 20%
Intraday session: down, 78 prints from 40.84 to 40.73. Range 40.73 to 41.12. Use the arrow keys to read each point.40.8040.9041.0041.1010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$60M
1Y total return
+11.4%
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
905 sh
52W range
low $35.77high $41.36
Launched
Filings
SEC EDGAR

The ETF.net PSFD Grade

Based on 4 of 6 pillars

B

Score 61 out of 100

Category
S&P 500 Buffer 20%⁠
Rank
2 of 24
Six-pillar profile for PSFD. Scores out of 100: Cost 85, Risk 30, Mission not scored, Tradability 45, Holdings not scored, Durability 69. Strongest: Cost (85). Weakest: Risk (30). Based on 4 of 6 pillars.

Score 61 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 21 of 23

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C45 out of 100
    Rank 15 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.
    B69 out of 100
    Rank 4 of 24

Our read on PSFD

ETF.net Research

In short

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

  • 0.49% 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.
  • Deep 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
  • Siblings 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

  • Thinly traded. Spreads can be wider and larger orders harder to fill than in the giants of the buffer aisle.
  • No 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
  • Buffer 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 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$11,140
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PSFD $11,140. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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+9.3%
1 month−0.2%
3 months+1.8%
1 year+11.4%
3 yearsper year+16.3%
5 yearsper year+11.3%
10 yearsFund is under 10 years oldper yearNo data

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+9.3%
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

PSFD Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

PSFD Risk

Risk pillarD30 out of 100Rank 21 of 23 in S&P 500 Buffer 20%
How much the fund’s monthly returns vary, scaled to a year.
7.4%
Annualised · 36 months to Oct 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.
1.50
vs 3-month T-bills · to Oct 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.

FMP measures it over up to five years of monthly returns.

PSFD Cost

Tied cheapest in S&P 500 Buffer 20%

$9,792

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PSFD 0.49%

    $9,792

$10,000
30 years

Cost over time

  • PSFD 0.49%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530PSFD $9,792

Year by year

YearPSFD
10$883
20$3,394
30$9,792

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