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PSCW vs UFEB

Pacer Swan SOS Conservative (April) ETF

PSCWCCboe

Innovator U.S. Equity Ultra Buffer ETF

UFEBBCboe

Overlap

Expense ratio

PSCW −0.30pt a year

PSCW0.49%UFEB0.79%

Avg volume · 30D

UFEB 68.0×the volume

PSCW482UFEB32.8K

3Y return · a year

UFEB +0.6pt

PSCW+12.8%UFEB+13.4%

PSCW vs UFEB Performance

Oct 31, 2025 – Oct 30, 2026

+11.6%PSCW+9.7%UFEB

Oct 31, 2025 to Oct 30, 2026. PSCW +11.6%. UFEB +9.7%. Use the arrow keys to read each point.0%2.5%5%7.5%Oct 2025Apr 2026Oct 2026
Expense ratio
PSCW 0.49%, better
UFEB 0.79%
Fund size
PSCW $62M
UFEB $167M
1Y total return
PSCW +11.6%, better
UFEB +9.7%
Holdings
PSCW 3
UFEB 3
Avg volume (30D)
PSCW 482 sh
UFEB 32.8K sh, better
NAV per share
PSCW $30.75
UFEB $39.55
52W range

ETF.net Grade

PSCW: Cost 81, Risk 57, Mission not scored, Tradability 9, Holdings not scored, Durability 27. UFEB: Cost 67, Risk 64, Mission not scored, Tradability 63, Holdings not scored, Durability 45.
Pillar letters and Scores for PSCW, UFEB, with each pillar’s weight
PillarPSCWUFEB
Cost30% weightA81HigherB67
Mission25% weightNot scoredNot scored
Risk15% weightB57B64Higher
Tradability15% weightF9B63Higher
Holdings10% weightNot scoredNot scored
Durability5% weightD27C45Higher

Rank among S&P 500 Deep Buffer 25-30% funds

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

Same Category. PSCW and UFEB are both graded against the same 19 S&P 500 Deep Buffer 25-30% funds, so their Grades compare head to head.

S&P 500 Deep Buffer 25-30%⁠

Category · 19 funds
See all 19 ›

UFEB ranks 1st and PSCW 4th of 19 funds in the S&P 500 Deep Buffer 25-30% Category.

  1. Rank 1BPSCXPacer Swan SOS Conservative (January) ETFScore 63
  2. Rank 1BUFEBInnovator U.S. Equity Ultra Buffer ETFScore 63
  3. Rank 3BPSCQPacer Swan SOS Conservative (October) ETFScore 60
  4. Rank 4CDFEBFT Vest U.S. Equity Deep Buffer ETF - FebruaryScore 54
  5. Rank 4CPSCWPacer Swan SOS Conservative (April) ETFScore 54
  6. Rank 6CDJANFT Vest U.S. Equity Deep Buffer ETF - JanuaryScore 50

Our read on each fund

ETF.net Research

PSCWCPacer Swan SOS Conservative (April) ETF

UFEBBInnovator U.S. Equity Ultra Buffer ETF

In short

PSCW A 25% cushion against S&P 500 losses for 0.49%, well under the going rate in the deep-buffer aisle. Options do the work: index-like upside to a yearly cap, the first 25% of a decline absorbed, and the whole contract reset every April.

UFEB No data

Stated mandate

PSCW The Fund seeks to match the returns of the SPDR S&P 500 ETF Trust, before fees and expenses, up to a predetermined upside cap while providing a downside risk-mitigation buffer over an approximate one-year period.

UFEB No data

Why people hold it

  • PSCW Costs 0.49% while the typical deep-buffer peer sits nearer 0.85% (DMAR is 0.85%, UFEB 0.79%). When your upside is capped, the fee you skip is upside you keep.
  • Deep by design: the buffer aims to absorb the first 25% of the referenced S&P 500 ETF's decline, before fees, over an approximate one-year period starting each April 1.paceretfs.com
  • One reference asset, one buffer, one cap, built with FLEX options. No factor tilt, no stock picking, nothing to second-guess about what is inside.paceretfs.com
  • Sibling funds (PSCX, PSCQ, PSCJ) run the same conservative strategy on different reset months, so an April start date is a choice rather than the only option.paceretfs.com

UFEB No data

Worth knowing

  • PSCW Thinly traded next to the giants of the buffer world, so spreads can be wide and entry and exit deserve attention.
  • The cap is reset each April from whatever options pricing allows, and it is measured before fees. Buying mid-period means a different buffer and cap than the headline terms.paceretfs.com
  • Not an income vehicle: the structure has not paid a distribution over the past year, so results show up in the share price.

UFEB No data

Full PSCW profile⁠

Full UFEB profile⁠

PSCW vs UFEB 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.

PSCW vs UFEB Cost

Overpaying UFEB vs PSCW

$5,382

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

  • PSCW 0.49%

    $9,792

  • UFEB 0.79%

    $15,174

$10,000
30 years

Cost over time

  • PSCW 0.49%
  • UFEB 0.79%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530UFEB $15,174PSCW $9,792

Year by year

YearPSCWUFEBOverpaying
10$883$1,405$522
20$3,394$5,331$1,937
30$9,792$15,174$5,382

Expense ratio

  • 0.49%PSCW, cheaper
  • 0.79%UFEB
  • Middle half of S&P 500 Deep Buffer 25-30% funds
  • Median 0.85%

PSCW 3rd cheapest of 19 funds

UFEB 7th cheapest of 19 funds

PSCW vs UFEB Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
PSCW None
UFEB None

Distribution history

PSCWAll PSCW payments⁠

No distribution history available.

UFEBAll UFEB payments⁠

No distribution history available.

PSCW vs UFEB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PSCW 6.1%UFEB 5.9%, better
Return per unit of riskSharpe ratio, 3 years
PSCW 1.29UFEB 1.43, better
Worst fallMax drawdown, 5 years
PSCW −11.9%since Nov 2021UFEB −9.0%
Market sensitivityBeta, 5 years
PSCW 0.46UFEB 0.46Same figure. Both funds show the same value, so neither comes out ahead.

Popular comparisons

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    Expense ratio
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    Expense ratio
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