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PBJA vs PSFD

PGIM S&P 500 Buffer 20 ETF - January

PBJABCboe

Pacer Swan SOS Flex (January) ETF

PSFDBCboe

Overlap

Expense ratio

PSFD −0.01pt a year

PBJA0.50%PSFD0.49%

Avg volume · 30D

PBJA 3.9×the volume

PBJA3.55KPSFD905

PBJA vs PSFD Performance

Oct 31, 2025 – Nov 2, 2026

+8.8%PBJA+11.1%PSFD

Oct 31, 2025 to Nov 2, 2026. PBJA +8.8%. PSFD +11.1%. Use the arrow keys to read each point.0%2.5%5%Oct 2025May 2026Nov 2026
Expense ratio
PBJA 0.50%
PSFD 0.49%, better
Fund size
PBJA $67M
PSFD $60M
1Y total return
PBJA +8.8%
PSFD +11.1%, better
Holdings
PBJA 4
PSFD 4
Avg volume (30D)
PBJA 3.55K sh, better
PSFD 905 sh
NAV per share
PBJA $33.07
PSFD $40.88
52W range

ETF.net Grade

PBJA: Cost 85, Risk 47, Mission not scored, Tradability 19, Holdings not scored, Durability 39. PSFD: Cost 85, Risk 30, Mission not scored, Tradability 45, Holdings not scored, Durability 68.
Pillar letters and Scores for PBJA, PSFD, with each pillar’s weight
PillarPBJAPSFD
Cost30% weightA85A85
Mission25% weightNot scoredNot scored
Risk15% weightC47HigherD30
Tradability15% weightF19C45Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD39B68Higher

Rank among S&P 500 Buffer 20% funds

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

Same Category. PBJA and PSFD are both graded against the same 24 S&P 500 Buffer 20% funds, so their Grades compare head to head.

S&P 500 Buffer 20%⁠

Category · 24 funds
See all 24 ›

PSFD ranks 3rd and PBJA 6th of 24 funds in the S&P 500 Buffer 20% Category.

  1. Rank 1BBALTInnovator Defined Wealth Shield ETFScore 65
  2. Rank 2BPSFJPacer Swan SOS Flex (July) ETFScore 62
  3. Rank 3BPSFDPacer Swan SOS Flex (January) ETFScore 61
  4. Rank 3BPSFOPacer Swan SOS Flex (October) ETFScore 61
  5. Rank 5BPSFMPacer Swan SOS Flex (April) ETFScore 59
  6. Rank 6BPBJAPGIM S&P 500 Buffer 20 ETF - JanuaryScore 57
  7. Rank 7BPBJNPGIM S&P 500 Buffer 20 ETF - JuneScore 56

Our read on each fund

ETF.net Research

PBJABPGIM S&P 500 Buffer 20 ETF - January

PSFDBPacer Swan SOS Flex (January) ETF

In short

PBJA No data

PSFD Absorbs the first 20% of a drop in the SPDR S&P 500 ETF Trust over each 12-month period, with your upside capped in exchange. One of the original 2020 Pacer/Swan buffer funds, and priced under most deep-buffer rivals.

Stated mandate

PBJA No data

PSFD The fund seeks to match the returns of the SPDR S&P 500 ETF Trust up to a stated cap while mitigating specified downside losses through a structured buffer strategy over an approximately one-year period.

Why people hold it

PBJA No data

  • PSFD 0.49% a year versus a 0.74% median for 20%-buffer S&P 500 funds, undercutting the AllianzIM month-series lineup (JANW, APRW, JUNW). When upside is capped, fees come straight out of the ceiling.
  • Deep cushion, clean reset: FLEX options are structured to absorb the first 20% of underlying losses over the roughly one-year period, with a new cap struck at the start of each period.paceretfs.com
  • Siblings run the same recipe on other calendars (PSFM in April, PSFJ in July), so start dates can be staggered instead of pinned to one January strike. Standing sits in the upper half of the deep-buffer group.

Worth knowing

PBJA No data

  • PSFD Thinly traded. Spreads can be wider and larger orders harder to fill than in the giants of the buffer aisle.
  • No income stream: the fund holds options on an S&P 500 tracker rather than the stocks, and it has not paid a distribution.paceretfs.com
  • Buffer and cap run start to finish of the period and are set before fees and expenses. Shares bought mid-period carry different remaining cushion and headroom.paceretfs.com

Full PBJA profile⁠

Full PSFD profile⁠

PBJA vs PSFD 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.

PBJA vs PSFD Cost

Overpaying PBJA vs PSFD

$187

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

  • PBJA 0.50%

    $9,979

  • PSFD 0.49%

    $9,792

$10,000
30 years

Cost over time

  • PBJA 0.50%
  • PSFD 0.49%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530PBJA $9,979PSFD $9,792

Year by year

YearPBJAPSFDOverpaying
10$900$883$17
20$3,460$3,394$66
30$9,979$9,792$187

Expense ratio

  • 0.50%PBJA
  • 0.49%PSFD, cheaper
  • Middle half of S&P 500 Buffer 20% funds
  • Median 0.74%

PSFD cheapest of 24 funds

PBJA 5th cheapest of 24 funds

PBJA vs PSFD Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
PBJA None
PSFD None

Distribution history

PBJAAll PBJA payments⁠

No distribution history available.

PSFDAll PSFD payments⁠

No distribution history available.

PBJA vs PSFD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PBJA 4.3%since Feb 2024PSFD 7.4%
Return per unit of riskSharpe ratio, 3 years
PBJA 1.32since Feb 2024PSFD 1.50
Worst fallMax drawdown, 5 years
PBJA −8.5%since Jan 2024PSFD −14.9%
Market sensitivityBeta, 5 years
PBJA 0.33PSFD 0.56

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