Skip to content
etf.net

PSFD vs PSFJ

Pacer Swan SOS Flex (January) ETF

PSFDBCboe

Pacer Swan SOS Flex (July) ETF

PSFJBCboe

Overlap

Expense ratio

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

PSFD0.49%PSFJ0.49%

Avg volume · 30D

PSFJ 11.7×the volume

PSFD905PSFJ10.6K

3Y return · a year

PSFD +0.4pt

PSFD+16.3%PSFJ+15.9%

PSFD vs PSFJ Performance

Oct 31, 2025 – Oct 30, 2026

+11.4%PSFD+9.4%PSFJ

Oct 31, 2025 to Oct 30, 2026. PSFD +11.4%. PSFJ +9.4%. Use the arrow keys to read each point.−2.5%0%2.5%5%7.5%Oct 2025Apr 2026Oct 2026
Expense ratio
PSFD 0.49%
PSFJ 0.49%
Fund size
PSFD $60M
PSFJ $57M
1Y total return
PSFD +11.4%, better
PSFJ +9.4%
Holdings
PSFD 4
PSFJ 4
Avg volume (30D)
PSFD 905 sh
PSFJ 10.6K sh, better
NAV per share
PSFD $40.88
PSFJ $35.85
52W range

ETF.net Grade

PSFD: Cost 85, Risk 30, Mission not scored, Tradability 45, Holdings not scored, Durability 69. PSFJ: Cost 85, Risk 29, Mission not scored, Tradability 50, Holdings not scored, Durability 57.
Pillar letters and Scores for PSFD, PSFJ, with each pillar’s weight
PillarPSFDPSFJ
Cost30% weightA85A85
Mission25% weightNot scoredNot scored
Risk15% weightD30HigherD29
Tradability15% weightC45C50Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB69HigherB57

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. PSFD and PSFJ 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 2nd and PSFJ 2nd of 24 funds in the S&P 500 Buffer 20% Category.

  1. Rank 1BBALTInnovator Defined Wealth Shield ETFScore 66
  2. Rank 2BPSFDPacer Swan SOS Flex (January) ETFScore 61
  3. Rank 2BPSFJPacer Swan SOS Flex (July) ETFScore 61
  4. Rank 4BPSFOPacer Swan SOS Flex (October) ETFScore 60

Our read on each fund

ETF.net Research

PSFDBPacer Swan SOS Flex (January) ETF

PSFJBPacer Swan SOS Flex (July) ETF

In short

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.

PSFJ A 20% cushion against the S&P 500's first losses, paid for with a ceiling on the upside, reset every July 1. Pacer runs the trade for less than most of the deep-buffer crowd charges.

Stated mandate

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.

PSFJ The Fund seeks to match, before fees and expenses, the returns of the SPDR S&P 500 ETF Trust up to a predetermined cap while buffering the first 20% of downside losses over an approximate one-year period.

Why people hold it

  • 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.
  • PSFJ Costs 0.49% a year against a 0.74% median for 20% S&P 500 buffer funds, and undercuts the 0.74% AllianzIM month-series funds (JUNW, AUGW, DECW) built on the same reference.
  • Deep cushion by design: it aims to absorb the first 20% of a decline in the SPDR S&P 500 ETF Trust over each roughly one-year period, before fees and expenses.paceretfs.com
  • Live since 2021, with several annual reset cycles behind it and sibling funds (PSFM, PSFD) covering other start months. One of the stronger builds in a crowded 20% buffer field.

Worth knowing

  • 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
  • PSFJ The price of the cushion is a ceiling. Upside is capped at a level set when each July outcome period begins, so a roaring market leaves gains on the table.paceretfs.com
  • Buffer and cap are designed to work over the full outcome period. Buy mid-period and the cushion remaining and the room left to run differ from the stated terms.paceretfs.com
  • A smaller, thinly traded fund, so spreads can run wider than in the biggest names in the group. Income is not part of the design either.

Full PSFD profile⁠

Full PSFJ profile⁠

PSFD vs PSFJ 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.

PSFD vs PSFJ Cost

Same expense ratio

$9,792

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

  • PSFD 0.49%

    $9,792

  • PSFJ 0.49%

    $9,792

$10,000
30 years

Cost over time

  • PSFD 0.49%
  • PSFJ 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$10K051015202530PSFD $9,792PSFJ $9,792

Year by year

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

Expense ratio

  • 0.49%PSFD
  • 0.49%PSFJ
  • Middle half of S&P 500 Buffer 20% funds
  • Median 0.74%

PSFD cheapest of 24 funds

PSFJ cheapest of 24 funds

PSFD vs PSFJ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
PSFD None
PSFJ None

Distribution history

PSFDAll PSFD payments⁠

No distribution history available.

PSFJAll PSFJ payments⁠

No distribution history available.

PSFD vs PSFJ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PSFD 7.4%PSFJ 7.1%, better
Return per unit of riskSharpe ratio, 3 years
PSFD 1.50PSFJ 1.51, better
Worst fallMax drawdown, 5 years
PSFD −14.9%PSFJ −12.2%since Nov 2021
Market sensitivityBeta, 5 years
PSFD 0.56PSFJ 0.55

Popular comparisons

  • PSFDBvsBALTB

    Pacer Swan SOS Flex (January) ETF · Innovator Defined Wealth Shield 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.

  • PSFJBvsBALTB

    Pacer Swan SOS Flex (July) ETF · Innovator Defined Wealth Shield 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.

  • PSFDBvsPSFOB

    Pacer Swan SOS Flex (January) ETF · Pacer Swan SOS Flex (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.

  • PSFJBvsPSFOB

    Pacer Swan SOS Flex (July) ETF · Pacer Swan SOS Flex (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.

  • PSFDBvsPSFMB

    Pacer Swan SOS Flex (January) ETF · Pacer Swan SOS Flex (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.

  • PSFJBvsPSFMB

    Pacer Swan SOS Flex (July) ETF · Pacer Swan SOS Flex (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.