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PQXV vs PSMR

PGIM S&P 500 Quarterly Buffer 15 ETF

PQXVCCboe

Pacer Swan SOS Moderate (April) ETF

PSMRBCboe

Overlap

Expense ratio

PSMR −0.01pt a year

PQXV0.50%PSMR0.49%

Avg volume · 30D

PQXV 1.2×the volume

PQXV1.25KPSMR1.08K

PQXV vs PSMR Performance

Aug 7, 2026 – Nov 9, 2026

+0.7%PQXV+1.0%PSMR

Aug 7, 2026 to Nov 9, 2026. PQXV +0.7%. PSMR +1.0%. Use the arrow keys to read each point.−0.5%0%1.5%Aug 2026Sep 2026Nov 2026
Expense ratio
PQXV 0.50%
PSMR 0.49%, better
Fund size
PQXV $4M
PSMR $90M
1Y total return
PQXV No data
PSMR +12.5%
Holdings
PQXV 4
PSMR 3
Avg volume (30D)
PQXV 1.25K sh, better
PSMR 1.08K sh
NAV per share
PQXV $25.33
PSMR $32.68
52W range

ETF.net Grade

PQXV: Cost 70, Risk 63, Mission not scored, Tradability 17, Holdings not scored, Durability 24. PSMR: Cost 70, Risk 56, Mission not scored, Tradability 32, Holdings not scored, Durability 64.
Pillar letters and Scores for PQXV, PSMR, with each pillar’s weight
PillarPQXVPSMR
Cost30% weightA70A70
Mission25% weightNot scoredNot scored
Risk15% weightB63HigherB56
Tradability15% weightF17D32Higher
Holdings10% weightNot scoredNot scored
Durability5% weightF24B64Higher

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. PQXV and PSMR 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 ›

PSMR ranks 3rd and PQXV 33rd of 51 funds in the S&P 500 Buffer 15% Category.

  1. Rank 1BPSMOPacer Swan SOS Moderate (October) ETFScore 63
  2. Rank 2BPSMJPacer Swan SOS Moderate (July) ETFScore 60
  3. Rank 3BPSMRPacer Swan SOS Moderate (April) ETFScore 57
  4. Rank 4BBUFCAB Conservative Buffer ETFScore 56
  5. Rank 33CMNVRPacer Swan SOS Moderate (November) ETFScore 40
  6. Rank 33CPQXVPGIM S&P 500 Quarterly Buffer 15 ETFScore 40
  7. Rank 45DARLUAllianzIM U.S. Equity Buffer15 Uncapped Apr ETFScore 39

Our read on each fund

ETF.net Research

PQXVCPGIM S&P 500 Quarterly Buffer 15 ETF

PSMRBPacer Swan SOS Moderate (April) ETF

In short

PQXV No data

PSMR A 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.

Stated mandate

PQXV No data

PSMR 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

PQXV No data

  • PSMR 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

PQXV No data

  • PSMR 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.

Full PQXV profile⁠

Full PSMR profile⁠

PQXV vs PSMR 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.

PQXV vs PSMR Cost

Overpaying PQXV vs PSMR

$187

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

  • PQXV 0.50%

    $9,979

  • PSMR 0.49%

    $9,792

$10,000
30 years

Cost over time

  • PQXV 0.50%
  • PSMR 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$10K051015202530PQXV $9,979PSMR $9,792

Year by year

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

Expense ratio

  • 0.50%PQXV
  • 0.49%PSMR, cheaper
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

PSMR 5th cheapest of 51 funds

PQXV 14th cheapest of 51 funds

PQXV vs PSMR Dividends

Last 12 months to Nov 9, 2026
Payout (12M)
PQXV None
PSMR None

Distribution history

PQXVAll PQXV payments⁠

No distribution history available.

PSMRAll PSMR payments⁠

No distribution history available.

PQXV vs PSMR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PQXV No dataPSMR 6.0%
Return per unit of riskSharpe ratio, 3 years
PQXV No dataPSMR 1.31
Worst fallMax drawdown, 5 years
PQXV No dataPSMR −11.8%
Market sensitivityBeta, 5 years
PQXV 0.27PSMR 0.46

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