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MMAR vs PSMO

Pacer Swan SOS Moderate (March) ETF

MMARCCboe

Pacer Swan SOS Moderate (October) ETF

PSMOBCboe

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

MMAR0.49%PSMO0.49%

Avg volume · 30D

PSMO 41.9×the volume

MMAR174PSMO7.3K

MMAR vs PSMO Performance

Jul 31, 2026 – Oct 30, 2026

+1.3%MMAR+2.0%PSMO

Jul 31, 2026 to Oct 30, 2026. MMAR +1.3%. PSMO +2.0%. Use the arrow keys to read each point.0%3%Jul 2026Sep 2026Oct 2026
Expense ratio
MMAR 0.49%
PSMO 0.49%
Fund size
MMAR $2M
PSMO $116M
1Y total return
MMAR No data
PSMO +10.0%
Holdings
MMAR 4
PSMO 3
Avg volume (30D)
MMAR 174 sh
PSMO 7.3K sh, better
NAV per share
MMAR $32.91
PSMO $33.50
52W range

ETF.net Grade

MMAR: Cost 70, Risk 53, Mission not scored, Tradability 36, Holdings not scored, Durability 23. PSMO: Cost 70, Risk 54, Mission 95, Tradability 64, Holdings not scored, Durability 66.
Pillar letters and Scores for MMAR, PSMO, with each pillar’s weight
PillarMMARPSMO
Cost30% weightA70A70
Mission25% weightNot scoredA95
Risk15% weightC53C54Higher
Tradability15% weightD36B64Higher
Holdings10% weightNot scoredNot scored
Durability5% weightF23B66Higher

Rank among S&P 500 Buffer 15% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. MMAR and PSMO are both graded against the same 51 S&P 500 Buffer 15% funds, so their Grades compare head to head.

S&P 500 Buffer 15%⁠

Category · 51 funds
See all 51 ›

PSMO ranks 1st and MMAR 33rd of 51 funds in the S&P 500 Buffer 15% Category.

  1. Rank 1BPSMOPacer Swan SOS Moderate (October) ETFScore 64
  2. Rank 2BPSMJPacer Swan SOS Moderate (July) ETFScore 59
  3. Rank 33CMJUNPacer Swan SOS Moderate (June) ETFScore 40
  4. Rank 33CMMARPacer Swan SOS Moderate (March) ETFScore 40
  5. Rank 33CMMAYPacer Swan SOS Moderate (May) ETFScore 40

Our read on each fund

ETF.net Research

MMARCPacer Swan SOS Moderate (March) ETF

PSMOBPacer Swan SOS Moderate (October) ETF

In short

MMAR No data

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

MMAR No data

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

MMAR No data

  • PSMO 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

MMAR No data

  • PSMO 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.

Full MMAR profile⁠

Full PSMO profile⁠

MMAR vs PSMO Holdings

As of
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.

MMAR vs PSMO Cost

Same expense ratio

$9,792

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

  • MMAR 0.49%

    $9,792

  • PSMO 0.49%

    $9,792

$10,000
30 years

Cost over time

  • MMAR 0.49%
  • PSMO 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$10K051015202530MMAR $9,792PSMO $9,792

Year by year

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

Expense ratio

  • 0.49%MMAR
  • 0.49%PSMO
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

MMAR 5th cheapest of 51 funds

PSMO 5th cheapest of 51 funds

MMAR vs PSMO Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
MMAR None
PSMO None

Distribution history

MMARAll MMAR payments⁠

No distribution history available.

PSMOAll PSMO payments⁠

No distribution history available.

MMAR vs PSMO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MMAR No dataPSMO 5.9%
Return per unit of riskSharpe ratio, 3 years
MMAR No dataPSMO 1.31
Worst fallMax drawdown, 5 years
MMAR No dataPSMO −9.8%
Market sensitivityBeta, 5 years
MMAR 0.35PSMO 0.41

Popular comparisons

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