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PSMJ vs SQBA

Pacer Swan SOS Moderate (July) ETF

PSMJBCboe

FT Vest U.S. Equity Quarterly 15 Buffer ETF

SQBA—Cboe

Overlap

0.0%by weight

Expense ratio

PSMJ −0.36pt a year

PSMJ0.49%SQBA0.85%

Avg volume · 30D

PSMJ 2.4×the volume

PSMJ5.98KSQBA2.52K

PSMJ vs SQBA Performance

Oct 6, 2026 – Nov 6, 2026

−2.9%PSMJ−1.3%SQBA

Oct 6, 2026 to Nov 6, 2026. PSMJ −2.9%. SQBA −1.3%. Use the arrow keys to read each point.−2.5%−2%−0.5%0%Oct 6Oct 21Nov 6
Expense ratio
PSMJ 0.49%, better
SQBA 0.85%
Fund size
PSMJ $106M
SQBA $5M
1Y total return
PSMJ +7.0%
SQBA No data
Yield (12M)
PSMJ 0.00%
SQBA No data
Holdings
PSMJ 3
SQBA 3
Avg volume (30D)
PSMJ 5.98K sh, better
SQBA 2.52K sh
NAV per share
PSMJ $33.87
SQBA $30.53
52W range

ETF.net Grade

  • —SQBANot yet graded
PSMJ: Cost 70, Risk 52, Mission not scored, Tradability 48, Holdings not scored, Durability 64.
Pillar letters and Scores for PSMJ, SQBA, with each pillar’s weight
PillarPSMJSQBA
Cost30% weightA70Not scored
Mission25% weightNot scoredNot scored
Risk15% weightC52Not scored
Tradability15% weightC48Not scored
Holdings10% weightNot scoredNot scored
Durability5% weightB64Not scored

Rank among S&P 500 Buffer 15% funds

How we build Categories ›

S&P 500 Buffer 15%⁠

Category · 51 funds
See all 51 ›

PSMJ ranks 2nd of 51 funds in the S&P 500 Buffer 15% Category.

  1. Rank 1BPSMOPacer Swan SOS Moderate (October) ETFScore 65
  2. Rank 2BPSMJPacer Swan SOS Moderate (July) ETFScore 60
  3. Rank 3BPSMRPacer Swan SOS Moderate (April) ETFScore 58
  4. SQBANot yet graded

Our read on each fund

ETF.net Research

PSMJBPacer Swan SOS Moderate (July) ETF

SQBA—FT Vest U.S. Equity Quarterly 15 Buffer ETF

In short

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.

SQBA No data

Stated mandate

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.

SQBA No data

Why people hold it

  • 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

SQBA No data

Worth knowing

  • 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

SQBA No data

Full PSMJ profile⁠

Full SQBA profile⁠

PSMJ vs SQBA Holdings

How PSMJ and SQBA differ

Overlap by weight

0.0%

About this figure: SQBA holds other funds. We compare those funds, not the stocks inside them.

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile99.99%
  • Sector11 Sectors100%

Sector

Sector weights in PSMJ and SQBA, widest gap first
SectorMore in PSMJMore in SQBAGap
TechnologySame weight
FinancialsSame weight
Health CareSame weight
Consumer DiscretionarySame weight
CommunicationSame 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 PSMJ and SQBA, widest gap first
CountryMore in PSMJMore in SQBAGap
United StatesSame weight
SwitzerlandSame weight
ChinaSame weight
MexicoSame weight
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • PSMJ102.9%
  • SQBA100.2%

Securities held

  • PSMJ2
  • SQBA2

Asset class

PSMJ
Stocks
SQBA
Multi-Asset

Holdings

  • Only in PSMJ2
  • In both0
  • Only in SQBA2

Only in PSMJ

2 securities, 100% of PSMJ by weight

  • Spy 06/30/2027 8.29 C96.80%
  • Spy 06/30/2027 746.84 P5.42%

Only in SQBA

2 securities, 99.3% of SQBA by weight

  • 2026-11-20 State Street® SPDR® S&P 500® ETF Trust C 7.6595.33%
  • 2026-11-20 State Street® SPDR® S&P 500® ETF Trust P 765.713.97%

Weight gaps

PSMJ and SQBA share no securities.

All 6 PSMJ holdings⁠All 4 SQBA 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.

PSMJ vs SQBA Cost

Overpaying SQBA vs PSMJ

$6,407

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

  • PSMJ 0.49%

    $9,792

  • SQBA 0.85%

    $16,199

$10,000
30 years

Cost over time

  • PSMJ 0.49%
  • SQBA 0.85%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530SQBA $16,199PSMJ $9,792

Year by year

YearPSMJSQBAOverpaying
10$883$1,508$625
20$3,394$5,706$2,312
30$9,792$16,199$6,407

Expense ratio

  • 0.49%PSMJ, cheaper
  • 0.85%SQBA
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

PSMJ 5th cheapest of 51 funds

SQBA 37th cheapest of 51 funds

PSMJ vs SQBA Dividends

Last 12 months to Nov 6, 2026
Yield (12M)
PSMJ 0.00%
SQBA No data
Payout (12M)
PSMJ None
SQBA None

Distribution history

Per share, 2021, same scale for both

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
SQBAAll SQBA payments⁠

No distribution history available.

PSMJ vs SQBA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PSMJ 6.3%SQBA No data
Return per unit of riskSharpe ratio, 3 years
PSMJ 1.47SQBA No data
Worst fallMax drawdown, 5 years
PSMJ −10.9%SQBA No data
Market sensitivityBeta, 5 years
PSMJ 0.47SQBA 0.00

PSMJ and SQBA in the news

All news⁠

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