Pacer Swan SOS Flex (April) ETF
$36.01+0.04 (+0.10%)
- 0.49%
- $26M
- +15.9%
- 0M sh
- $35.98
- low $31.04high $36.02
The ETF.net PSFM Grade
B
Score 58 out of 100
- 4 of 24
Score 58 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 100Rank 1 of 24Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 14 of 23Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F23 out of 100Rank 21 of 24Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C48 out of 100Rank 17 of 24
Our read on PSFM
BA one-year hedge on the S&P 500, reset every April: PSFM buffers the first 20% of the SPDR S&P 500 ETF Trust's losses and gives up gains above a cap set at each period's start. At 0.49%, it undercuts most 20%-buffer rivals.
The Fund seeks to match the SPDR S&P 500 ETF Trust’s return before fees and expenses, subject to a predetermined upside cap, while providing a downside-loss buffer over approximately one year.
Why people hold it
- Charges 0.49% a year against a 0.74% median for its 20%-buffer peer group, matching the cheapest fee in the Pacer Swan lineup and undercutting rivals like APRW and JUNW at 0.74%.
- The 20% buffer is deep for the category: it absorbs the first fifth of a decline in the SPDR S&P 500 ETF Trust over the roughly one-year outcome period, before fees and expenses.paceretfs.com
- Top-quartile standing in its deep-buffer cohort, and April is one of several Pacer Swan start months (PSFJ runs July), so entry dates can be staggered across the calendar.paceretfs.com
Worth knowing
- Upside is capped, and the cap is set fresh at the start of each April period, so the ceiling for a given year is not known in advance and changes from period to period.paceretfs.com
- Buffer and cap are designed to work over the full outcome period. Mid-period buyers get a different effective cap and remaining buffer than the headline terms.paceretfs.com
- One of the smaller, more thinly traded funds in its category, so spreads can run wider than at the largest buffer shops, and income is not part of the design.
PSFM Holdings
- Stocks
- 4
- 108%
- Spy 03/31/2027 7.28 C
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%
PSFM Performance
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.Not enough history yet.
PSFM$11,592
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.
| Period | PSFM |
|---|---|
| Year to date | +13.0% |
| 1 month | +1.1% |
| 3 months | +2.7% |
| 1 year | +15.9% |
| 3 years | +14.0% |
| 5 years | — |
| 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 | PSFM |
|---|---|---|
| 2026 YTD | +13.0% | |
| 2025 | +7.3% | |
| 2024 | +14.2% | |
| 2023 | +18.3% | |
| 2022 | −5.2% | |
| 2021 | +1.9% |
PSFM in the news
PSFM Dividends
No distributions in the last 12 months.
PSFM Risk
- 7.0%
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.
- 1.29
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.
- −14.3%
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.
- 0.51
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PSFM Cost
0.49%
PSFM0.49%
- The middle half of S&P 500 Buffer 20% funds
- Median 0.74%
No S&P 500 Buffer 20% fund charges less.
Other funds in S&P 500 Buffer 20%
- BPSFDPacer Swan SOS Flex (January) ETFExpense ratio 0.49%1 year return +14.8%
- BPBJAPGIM Rock ETF Trust - PGIM S&P 500 Buffer 20 ETF - JanuaryExpense ratio 0.50%1 year return +11.0%
- BPSFOPacer Swan SOS Flex (October) ETFExpense ratio 0.49%1 year return +15.9%
- BPBJNPGIM Rock ETF Trust - PGIM S&P 500 Buffer 20 ETF - JuneExpense ratio 0.50%1 year return +8.6%
- BOCTWAllianzIM U.S. Equity Buffer20 Oct ETFExpense ratio 0.74%1 year return +11.4%