Pacer Swan SOS Moderate (July) ETF
$34.85+0.01 (+0.01%)
- 0.49%
- $108M
- +11.4%
- 0.00%
- 0M sh
- $34.87
- low $31.27high $34.90
The ETF.net PSMJ Grade
B
Score 63 out of 100
- 5 of 61
Score 63 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.A70 out of 100Rank 14 of 61Mission
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.C48 out of 100Rank 35 of 57Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B68 out of 100Rank 11 of 59Holdings
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.B61 out of 100Rank 29 of 61
Our read on PSMJ
BPacer's July-dated stop on the Swan SOS ladder: FLEX options on SPY that buffer the first 15% of a fall over a roughly one-year period, with upside capped in return. At 0.49%, it undercuts most of the buffer aisle.
The Fund seeks to track the returns of the SPDR S&P 500 ETF Trust up to a predetermined cap while providing a downside buffer over an approximately one-year period.
Why people hold it
- Charges 0.49% a year against a 0.79% median for its buffered-SPY cohort, the same 0.79% Innovator's Power Buffer funds (PJUL, PJAN, POCT) charge for a similar job.
- The deal is legible: FLEX options on SPY absorb the first 15% of a decline over the outcome period, and match the ETF's gains up to a cap struck each July.paceretfs.compaceretfs.com
- Those FLEX options are customizable exchange-traded contracts settled through the Options Clearing Corporation, and Durango-based Swan Global Management sub-advises the strategy.paceretfs.com
- One of four Moderate-series funds with staggered start months (PSMD, PSMR, PSMJ, PSMO), so a July reset can be stacked against other entry points rather than standing alone.paceretfs.com
Worth knowing
- The 15% buffer and the cap belong to the full outcome period. Step in mid-period and you inherit whatever cap and buffer remain, not the starting terms.paceretfs.com
- Thinly traded next to the largest buffer funds, so spreads and limit orders deserve more of your attention at the point of entry.
- No regular income stream here: the options structure delivers its result through share price rather than distributions.paceretfs.com
PSMJ Holdings
- Stocks
- 3
- 103%
- Spy 06/30/2027 8.29 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%
PSMJ 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.
PSMJ$11,140
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 | PSMJ |
|---|---|
| Year to date | +8.2% |
| 1 month | +1.2% |
| 3 months | +2.5% |
| 1 year | +11.4% |
| 3 years | +14.1% |
| 5 years | +11.0% |
| 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 | PSMJ |
|---|---|---|
| 2026 YTD | +8.2% | |
| 2025 | +13.3% | |
| 2024 | +14.0% | |
| 2023 | +19.8% | |
| 2022 | −2.4% | |
| 2021 | +3.6% |
PSMJ in the news
PSMJ Dividends
- 0.00%
No distributions in the last 12 months.
Distribution history
PSMJ Risk
- 6.4%
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.
- 1.41
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.
- −10.9%
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.
- 0.47
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PSMJ Cost
0.49%
PSMJ0.49%
- The middle half of S&P 500 Buffer 15% funds
- Median 0.79%
4 of the 51 S&P 500 Buffer 15% funds charge less.
Other funds in S&P 500 Buffer 15%
- BPSMOPacer Swan SOS Moderate (October) ETFExpense ratio 0.49%1 year return +13.4%
- BPSMRPacer Swan SOS Moderate (April) ETFExpense ratio 0.49%1 year return +13.7%
- BBUFCAB Conservative Buffer ETFExpense ratio 0.69%1 year return +8.0%
- BPOCTInnovator U.S. Equity Power Buffer ETFExpense ratio 0.79%1 year return +13.6%
- BPSEPInnovator U.S. Equity Power Buffer ETFExpense ratio 0.79%1 year return +11.6%