Skip to content
etf.net

MMAY vs PSMJ

Pacer Swan SOS Moderate (May) ETF

MMAYCCboe

Pacer Swan SOS Moderate (July) ETF

PSMJBCboe

Overlap

0.7%by weight

Expense ratio

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

MMAY0.49%PSMJ0.49%

Avg volume · 30D

PSMJ 26.7×the volume

MMAY249PSMJ6.64K

MMAY vs PSMJ Performance

Jul 31, 2026 – Oct 30, 2026

+1.5%MMAY+1.3%PSMJ

Jul 31, 2026 to Oct 30, 2026. MMAY +1.5%. PSMJ +1.3%. Use the arrow keys to read each point.0%0.5%2%2.5%Jul 2026Sep 2026Oct 2026
Expense ratio
MMAY 0.49%
PSMJ 0.49%
Fund size
MMAY $3M
PSMJ $108M
1Y total return
MMAY No data
PSMJ +8.2%
Yield (12M)
MMAY No data
PSMJ 0.00%
Holdings
MMAY 4
PSMJ 3
Avg volume (30D)
MMAY 249 sh
PSMJ 6.64K sh, better
NAV per share
MMAY $33.39
PSMJ $34.43
52W range

ETF.net Grade

MMAY: Cost 70, Risk 60, Mission not scored, Tradability 32, Holdings not scored, Durability 29. PSMJ: Cost 70, Risk 46, Mission not scored, Tradability 50, Holdings not scored, Durability 63.
Pillar letters and Scores for MMAY, PSMJ, with each pillar’s weight
PillarMMAYPSMJ
Cost30% weightA70A70
Mission25% weightNot scoredNot scored
Risk15% weightB60HigherC46
Tradability15% weightD32C50Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD29B63Higher

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. MMAY and PSMJ 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 ›

PSMJ ranks 2nd and MMAY 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 3BPSMRPacer Swan SOS Moderate (April) ETFScore 57
  4. Rank 33CMMARPacer Swan SOS Moderate (March) ETFScore 40
  5. Rank 33CMMAYPacer Swan SOS Moderate (May) ETFScore 40
  6. Rank 33CMNVRPacer Swan SOS Moderate (November) ETFScore 40

Our read on each fund

ETF.net Research

MMAYCPacer Swan SOS Moderate (May) ETF

PSMJBPacer Swan SOS Moderate (July) ETF

In short

MMAY No data

PSMJ Pacer'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.

Stated mandate

MMAY No data

PSMJ 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

MMAY No data

  • PSMJ 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 2
  • 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

MMAY No data

  • PSMJ 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

Full MMAY profile⁠

Full PSMJ profile⁠

MMAY vs PSMJ Holdings

As of

How MMAY and PSMJ differ

Overlap by weight

0.7%

Shared holdings make up 1.8% of MMAY and 0.7% of PSMJ.

Level by level

  • Holdings0 in both0.7%
  • Asset classEquity100%
  • Countryby domicile100%
  • Sector11 Sectors100%

Sector

Sector weights in MMAY and PSMJ, widest gap first
SectorMore in MMAYMore in PSMJ
TechnologySame weight
FinancialsSame weight
CommunicationSame weight
Health CareSame weight
Consumer DiscretionarySame weight
IndustrialsSame weight
Consumer StaplesSame weight
EnergySame weight
UtilitiesSame weight
Real EstateSame weight
MaterialsSame weight

Country, concentration and asset class

Country by domicile

Country weights in MMAY and PSMJ, widest gap first
CountryMore in MMAYMore in PSMJ
United StatesSame weight
SwitzerlandSame weight
ChinaSame weight
MexicoSame weight
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • MMAY103.5%
  • PSMJ103.2%

Securities held

  • MMAY2
  • PSMJ2

Asset class

MMAY
Equity
PSMJ
Equity

Holdings

  • Only in MMAY2
  • In both0
  • Only in PSMJ2

Only in MMAY

2 securities, 100% of MMAY by weight

  • Spy 04/30/2027 7.98 C99.56%
  • Spy 04/30/2027 718.73 P1.98%

Only in PSMJ

2 securities, 100% of PSMJ by weight

  • Spy 06/30/2027 8.29 C99.24%
  • Spy 06/30/2027 746.84 P3.28%

Weight gaps

MMAY and PSMJ share no securities.

All 6 MMAY holdings⁠All 6 PSMJ 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.

MMAY vs PSMJ Cost

Same expense ratio

$9,792

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

  • MMAY 0.49%

    $9,792

  • PSMJ 0.49%

    $9,792

$10,000
30 years

Cost over time

  • MMAY 0.49%
  • PSMJ 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$10K051015202530MMAY $9,792PSMJ $9,792

Year by year

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

Expense ratio

  • 0.49%MMAY
  • 0.49%PSMJ
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

MMAY 5th cheapest of 51 funds

PSMJ 5th cheapest of 51 funds

MMAY vs PSMJ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
MMAY No data
PSMJ 0.00%
Payout (12M)
MMAY None
PSMJ None

Distribution history

Per share, 2021, same scale for both

MMAYAll MMAY payments⁠

No distribution history available.

PSMJ1 paymentAll PSMJ payments⁠
One bar per payment. 1 payment in 2021. Dec 23, 2021 $0.0038. Use the arrow keys to read each point.$0$0.00252021

MMAY vs PSMJ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
MMAY No dataPSMJ 6.3%
Return per unit of riskSharpe ratio, 3 years
MMAY No dataPSMJ 1.47
Worst fallMax drawdown, 5 years
MMAY No dataPSMJ −10.9%
Market sensitivityBeta, 5 years
MMAY 0.37PSMJ 0.47

Popular comparisons

  • MMAYCvsPSMOB

    Pacer Swan SOS Moderate (May) ETF · Pacer Swan SOS Moderate (October) ETF

    Expense ratio
    0.49% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PSMJBvsPSMOB

    Pacer Swan SOS Moderate (July) ETF · Pacer Swan SOS Moderate (October) ETF

    Expense ratio
    0.49% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MMAYCvsPSMRB

    Pacer Swan SOS Moderate (May) ETF · Pacer Swan SOS Moderate (April) ETF

    Expense ratio
    0.49% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PSMJBvsPSMRB

    Pacer Swan SOS Moderate (July) ETF · Pacer Swan SOS Moderate (April) ETF

    Expense ratio
    0.49% · 0.49%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • MMAYCvsBUFCB

    Pacer Swan SOS Moderate (May) ETF · AB Conservative Buffer ETF

    Expense ratio
    0.49% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PSMJBvsBUFCB

    Pacer Swan SOS Moderate (July) ETF · AB Conservative Buffer ETF

    Expense ratio
    0.49% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.