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Launched · SEC filings

Pacer Swan SOS Moderate (October) ETF

PSMOCboePacerB

$33.38−0.09 (−0.25%)

At close: Nov 2, 2026, 4:00 PM ET

B64/ 100

Rank 6 of 61 in S&P 500 Buffer 15%

B64/100Rank 6 of 61inS&P 500 Buffer 15%
Intraday session: down, 79 prints from 33.47 to 33.38. Range 33.38 to 33.66. Use the arrow keys to read each point.33.5033.5533.6033.6510 AM12 PM2 PM4 PM
Expense ratio
0.49%
Fund size
$116M
1Y total return
+9.7%
Yield · Last 12 months
No data
Holdings
3
Avg volume · 30D
7.3K sh
52W range
low $29.68high $33.92
Launched
Filings
SEC EDGAR

The ETF.net PSMO Grade

Based on 5 of 6 pillars

B

Score 64 out of 100

Category
S&P 500 Buffer 15%⁠
Rank
6 of 61
Six-pillar profile for PSMO. Scores out of 100: Cost 70, Risk 54, Mission 95, Tradability 65, Holdings not scored, Durability 66. Strongest: Mission (95). Weakest: Risk (54). Based on 5 of 6 pillars.

Score 64 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 100
    Rank 14 of 61

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A95 out of 100
    Rank 1 of 7

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C54 out of 100
    Rank 18 of 60

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B65 out of 100
    Rank 14 of 61

  • 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.
    B66 out of 100
    Rank 26 of 61

Our read on PSMO

ETF.net Research

In short

BA 15% cushion against SPY's first losses, reset every October, for 0.49% a year. Most defined-outcome funds charge more, and the trade is a cap on the upside that gets set fresh at the start of each period.

Stated mandate

The fund seeks to track the returns of the SPDR S&P 500 ETF Trust up to a stated cap while buffering the first 15% of losses during an approximately one-year outcome period.

Why people hold it

  • Charges 0.49% a year versus a 0.79% median across its 15%-buffer peer group, one of the lower-cost ways to own this structure.
  • Pacer's moderate SOS funds (PSMD, PSMR, PSMJ) all price at 0.49%, while the Innovator power-buffer lineup (POCT, PJUL, PJAN) runs 0.79%.
  • The reference asset is the SPDR S&P 500 ETF Trust itself, not an abstract index, so what's being buffered is a fund you can watch tick by tick.paceretfs.com

Worth knowing

  • Buffer and cap are engineered for the full one-year outcome period running October through September. Buy or sell mid-period and you may get neither in full.paceretfs.com
  • Upside stops at a cap reset each October. A runaway rally in the S&P 500 is the scenario this structure hands back in exchange for the 15% cushion.paceretfs.com
  • One of the quieter tickers in the buffer aisle, so spreads and order type matter more here than with the category's household names.

PSMO 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.
PSMO$10,973
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. PSMO $10,973. SPY $11,146. Use the arrow keys to read each point.$10,000$11,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 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 PSMO. Periods over one year show the average yearly return.
PeriodPSMO
Year to date+8.5%
1 month−1.0%
3 months+1.8%
1 year+9.7%
3 yearsper year+11.9%
5 yearsper year+9.7%
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 PSMO
YearReturn barPSMO
2026 YTD+8.5%
2025+11.4%
2024+9.4%
2023+20.5%
2022−1.3%
2021+2.9%

History from Oct 1, 2021

PSMO in the news

PSMO Dividends

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

No distributions in the last 12 months.

PSMO Risk

Risk pillarC54 out of 100Rank 18 of 60 in S&P 500 Buffer 15%
How much the fund’s monthly returns vary, scaled to a year.
5.9%
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.
1.31
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.
−9.8%
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.
0.41
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.

PSMO Cost

Compare PSMO and CAUG

Overpaying vs CAUG, tied cheapest in S&P 500 Buffer 15%

$3,643

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

  • PSMO 0.49%

    $9,792

  • CAUG 0.30% Tied cheapest

    $6,149

$10,000
30 years

Cost over time

  • PSMO 0.49%
  • CAUG 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530PSMO $9,792CAUG $6,149

Year by year

YearPSMOCAUGOverpaying
10$883$545$338
20$3,394$2,113$1,281
30$9,792$6,149$3,643

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