Pacer Swan SOS Flex (January) ETF
$40.97−0.12 (−0.29%)
- Expense ratio
- 0.49%
- Fund size
- $61M
- 1Y return
- +13.4%
- Yield · Last 12 months
- —
- Holdings
- 7
- Volume · 30D
- 0M sh
- NAV per share
- $41.05
- 52W range
The ETF.net PSFD Grade
Score 52 of 100 sits in the C 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 85Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 29Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 7Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 70Category rank
Our read on PSFD
CAbsorbs 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.
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 Holdings
- Stocks
- 7
- 103%
- SPY 12/31/2026 7.64 C
Sectors
PSFD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | PSFD |
|---|---|
| Year to date | +9.9% |
| 1 month | +1.1% |
| 3 months | +3.4% |
| 1 year | +13.4% |
| 3 years | +15.6% |
| 5 years | +11.9% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PSFD |
|---|---|---|
| 2026 YTD | +9.9% | |
| 2025 | +12.9% | |
| 2024 | +14.5% | |
| 2023 | +20.9% | |
| 2022 | −3.0% | |
| 2021 | +18.2% | |
| 2020 | +1.3% |
PSFD in the news
ETF.net Research hasn’t filed on PSFD yet — coverage lands here as it’s written.
PSFD Dividends
No distributions in the last 12 months.
PSFD Risk
- 8.0%
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.
- 1.15
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.
- −14.9%
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.
- 0.58
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
- The middle half of S&P 500 Buffer 20% funds
- Median 0.74%
No S&P 500 Buffer 20% fund charges less.