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Launched · SEC filings

Pacer Swan SOS Flex (October) ETF

PSFOCboePacerB

$35.67−0.11 (−0.31%)

As of Nov 2, 2026, 3:58 PM ET

B60/ 100

Rank 4 of 24 in S&P 500 Buffer 20%

B60/100Rank 4 of 24inS&P 500 Buffer 20%
Intraday session: down, 78 prints from 35.79 to 35.67. Range 35.67 to 36.02. Use the arrow keys to read each point.35.8535.9035.9536.0010 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$47M
1Y total return
+11.5%
Yield · Last 12 months
No data
Holdings
4
Avg volume · 30D
7.12K sh
52W range
low $31.09high $36.42
Launched
Filings
SEC EDGAR

The ETF.net PSFO Grade

Based on 5 of 6 pillars

B

Score 60 out of 100

Category
S&P 500 Buffer 20%⁠
Rank
4 of 24
Six-pillar profile for PSFO. Scores out of 100: Cost 85, Risk 29, Mission 95, Tradability 44, Holdings not scored, Durability 59. Strongest: Mission (95). Weakest: Risk (29). Based on 5 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.
    A95 out of 100
    Rank 2 of 4

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D29 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.
    C44 out of 100
    Rank 18 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.
    B59 out of 100
    Rank 8 of 24

Our read on PSFO

ETF.net Research

In short

BPacer's October-dated buffer fund absorbs the first 20% of an S&P 500 drop over each 12-month period, in exchange for a ceiling on the upside. At 0.49%, it charges less than the typical fund in its buffer peer group.

Stated mandate

The fund seeks to match the pre-fee and pre-expense returns of the SPDR S&P 500 ETF Trust.

Why people hold it

  • 0.49% a year, below the median fee in its S&P 500 buffer cohort and well under peers like PMAY (0.79%) and BUFZ (0.95%).
  • Built to absorb the first 20% of a decline in the SPDR S&P 500 ETF Trust (SPY) over each outcome period before the fund itself starts taking losses.
  • A 1940 Act ETF holding its own option package, not a bank-issued note, so no third-party credit sits between you and the payoff. Running since 2021.
  • Rates in the upper tier of a two-dozen-fund group of S&P 500 buffer strategies, largely on price.

Worth knowing

  • The price of the cushion: gains stop at a cap fixed at the start of each period, and the fund hasn't been an income payer.
  • Buffer and cap are engineered for the full October 1 to September 30 stretch. Buy mid-period and your real cushion and ceiling differ from the headline terms.
  • Small asset base and light trading, which usually means wider spreads and more attention needed on how orders get entered.

PSFO Holdings

As of
Asset class
Stocks
Holdings
4
Top-10 weight
105%
Largest holding
Spy 09/30/2027 8.54 C98.9%

Sectors

  • Technology39.1%
  • Financials11.1%
  • Communication10.6%
  • Consumer Discretionary9.9%
  • Health Care8.3%
  • Industrials7.8%
  • Consumer Staples4.5%
  • Energy3.1%
  • Utilities2.1%
  • Real Estate1.8%
  • Materials1.7%

Geography

  • United States99.53%
  • Switzerland0.26%
  • China0.10%
  • Mexico0.05%
  • Ireland0.03%
  • United Kingdom0.03%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataSpy 09/30/2027 8.54 C98.93%603$45.7M1
2No dataSpy 09/30/2027 762.63 P4.57%603$2.11M2
3No dataU.S. Bank Money Market Deposit Account 06/01/20310.70%323,635$324K106
4No dataSpy 09/30/2027 457.58 P0.44%603$206K1

Showing 1–4 of 4 holdings

PSFO Performance

Launched Sep 30, 2021

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.
PSFO$11,153
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. PSFO $11,153. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 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 PSFO. Periods over one year show the average yearly return.
PeriodPSFO
Year to date+10.5%
1 month−0.5%
3 months+2.5%
1 year+11.5%
3 yearsper year+14.5%
5 yearsper year+10.9%
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 PSFO
YearReturn barPSFO
2026 YTD+10.5%
2025+12.9%
2024+10.8%
2023+20.0%
2022−0.3%
2021+4.8%

History from Oct 1, 2021

PSFO in the news

PSFO Dividends

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

No distributions in the last 12 months.

PSFO Risk

Risk pillarD29 out of 100Rank 22 of 23 in S&P 500 Buffer 20%
How much the fund’s monthly returns vary, scaled to a year.
6.8%
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.
1.38
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.
−12.1%
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.
0.50
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.

PSFO 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.

  • PSFO 0.49%

    $9,792

$10,000
30 years

Cost over time

  • PSFO 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$10K051015202530PSFO $9,792

Year by year

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

Other funds in S&P 500 Buffer 20%

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