PSMO ranks 1st and GJUN 19th of 51 funds in the S&P 500 Buffer 15% Category.
GJUN vs PSMO
PSMO −0.36pt a year
0.85%0.49%
GJUN 10.5×the volume
76.4K7.3K
GJUN +0.1pt
+12.7%+12.6%
GJUN vs PSMO Performance
+7.2%+10.0%
- GJUN 0.85%
- PSMO 0.49%, better
- GJUN $498M
- PSMO $116M
- GJUN +7.2%
- PSMO +10.0%, better
- GJUN 3
- PSMO 3
- GJUN 76.4K sh, better
- PSMO 7.3K sh
- GJUN $41.92
- PSMO $33.50
ETF.net Grade
| Pillar | GJUN | PSMO |
|---|---|---|
| Cost | F13 | A70Higher |
| Mission | A95 | |
| Risk | C53 | C54Higher |
| Tradability | A79Higher | B64 |
| Holdings | B65 | |
| Durability | A81Higher | B66 |
Rank among S&P 500 Buffer 15% funds
Same Category. GJUN and PSMO are both graded against the same 51 S&P 500 Buffer 15% funds, so their Grades compare head to head.
Our read on each fund
GJUNC
PSMOB
In short
GJUN Rebuilt every June: GJUN follows the price of the SPDR S&P 500 ETF Trust up to a preset cap while absorbing the first 15% of a decline. A cushion with a ceiling, on a fixed annual schedule.
PSMO A 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
GJUN The Fund seeks to match the price return of the State Street SPDR S&P 500 ETF Trust, before fees and expenses, up to a predetermined upside cap while buffering the first 15% of losses during the current outcome period.
PSMO 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
Worth knowing
GJUN vs PSMO Holdings
How we measure overlap
Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.
GJUN vs PSMO Cost
Overpaying GJUN vs PSMO
$6,407
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
GJUN 0.85%
$16,199
PSMO 0.49%
$9,792
Cost over time
Year by year
| Year | GJUN | PSMO | Overpaying |
|---|---|---|---|
| 10 | $1,508 | $883 | $625 |
| 20 | $5,706 | $3,394 | $2,312 |
| 30 | $16,199 | $9,792 | $6,407 |
- 0.85%GJUN
- 0.49%PSMO, cheaper
- Middle half of S&P 500 Buffer 15% funds
- Median 0.79%
PSMO 5th cheapest of 51 funds
GJUN 37th cheapest of 51 funds
GJUN vs PSMO Dividends
- GJUN None
- PSMO None
Distribution history
GJUN vs PSMO Risk
Fall from peak · 5 years
Risk facts
- Volatility
- GJUN 5.7%, betterPSMO 5.9%
- Return per unit of risk
- GJUN 1.36, betterPSMO 1.31
- Worst fall
- GJUN −11.0%PSMO −9.8%
- Market sensitivity
- GJUN 0.43PSMO 0.41
Popular comparisons
- 0.85% · 0.49%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.49% · 0.49%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.85% · 0.49%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.49% · 0.49%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.85% · 0.69%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.49% · 0.69%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.