Pacer Swan SOS Moderate (April) ETF
$33.10−0.02 (−0.06%)
- 0.49%
- $91M
- +13.7%
- 0M sh
- $33.12
- low $28.86high $33.12
The ETF.net PSMR Grade
B
Score 60 out of 100
- 8 of 61
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.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.B56 out of 100Rank 18 of 57Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C45 out of 100Rank 37 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.B62 out of 100Rank 28 of 61
Our read on PSMR
BA 15-point cushion on SPY, reset every April, for 0.49% a year while the typical buffer fund charges more. Pacer and Swan's moderate tier trades away some upside (a cap set each period) for a floor you know going in.
The Fund seeks to match 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 in its buffered-SPY cohort, and undercuts Pacer's own single-month siblings like PJUL and POCT at 0.79%.
- The contract is spelled out: a 15-point buffer against SPDR S&P 500 ETF Trust losses over roughly a one-year period, with upside capped at a level set when the period begins.paceretfs.com
- Terms reset on April 1 each year, so the new buffer and cap arrive on a known calendar date instead of whenever you happened to buy in.paceretfs.com
- Running since 2021, so this April series has cycled through several complete outcome periods rather than being a fresh launch with a paper track record.
Worth knowing
- Thinly traded next to the biggest names in buffer land, so spreads and order size are worth a look before you place a trade.
- The cap cuts both ways: big SPY years get trimmed, and the stated buffer and cap only line up in full for a holder who rides one April reset to the next.
- Not an income vehicle. It has not been paying a regular distribution, so whatever the strategy delivers shows up in the share price.
PSMR Holdings
- Stocks
- 3
- 110%
- Spy 03/31/2027 7.22 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%
PSMR 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.
PSMR$11,366
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 | PSMR |
|---|---|
| Year to date | +11.1% |
| 1 month | +1.0% |
| 3 months | +2.4% |
| 1 year | +13.7% |
| 3 years | +12.2% |
| 5 years | +8.9% |
| 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 | PSMR |
|---|---|---|
| 2026 YTD | +11.1% | |
| 2025 | +6.7% | |
| 2024 | +12.0% | |
| 2023 | +16.9% | |
| 2022 | −4.1% | |
| 2021 | +7.4% |
PSMR in the news
PSMR Dividends
No distributions in the last 12 months.
PSMR Risk
- 6.1%
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.
- 1.22
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.
- −11.8%
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.
- 0.45
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PSMR Cost
0.49%
PSMR0.49%
- 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%
- BPSMJPacer Swan SOS Moderate (July) ETFExpense ratio 0.49%1 year return +11.4%
- BPSMOPacer Swan SOS Moderate (October) ETFExpense ratio 0.49%1 year return +13.4%
- 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%