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PSMJ vs TENM

Pacer Swan SOS Moderate (July) ETF

PSMJBCboe

iShares Large Cap 10% Target Buffer Mar ETF

TENMCCboe

Overlap

Expense ratio

PSMJ −0.04pt a year

PSMJ0.49%TENM0.53%

Avg volume · 30D

PSMJ 3.2×the volume

PSMJ6.64KTENM2.06K

PSMJ vs TENM Performance

Oct 31, 2025 – Nov 2, 2026

+7.9%PSMJ+10.4%TENM

Oct 31, 2025 to Nov 2, 2026. PSMJ +7.9%. TENM +10.4%. Use the arrow keys to read each point.−2.5%0%2.5%5%Oct 2025May 2026Nov 2026
Expense ratio
PSMJ 0.49%, better
TENM 0.53%
Fund size
PSMJ $108M
TENM $47M
1Y total return
PSMJ +7.9%
TENM +10.4%, better
Yield (12M)
PSMJ 0.00%
TENM No data
Holdings
PSMJ 3
TENM 4
Avg volume (30D)
PSMJ 6.64K sh, better
TENM 2.06K sh
NAV per share
PSMJ $34.43
TENM $27.78
52W range

ETF.net Grade

PSMJ: Cost 70, Risk 47, Mission not scored, Tradability 50, Holdings not scored, Durability 63. TENM: Cost 60, Risk 52, Mission not scored, Tradability 30, Holdings 48, Durability 51.
Pillar letters and Scores for PSMJ, TENM, with each pillar’s weight
PillarPSMJTENM
Cost30% weightA70HigherB60
Mission25% weightNot scoredNot scored
Risk15% weightC47C52Higher
Tradability15% weightC50HigherD30
Holdings10% weightNot scoredC48
Durability5% weightB63HigherC51

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. PSMJ and TENM 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 ›

PSMJ ranks 2nd and TENM 11th of 51 funds in the S&P 500 Buffer 15% Category.

  1. Rank 1BPSMOPacer Swan SOS Moderate (October) ETFScore 64
  2. Rank 2BPSMJPacer Swan SOS Moderate (July) ETFScore 59
  3. Rank 3BPSMRPacer Swan SOS Moderate (April) ETFScore 57
  4. Rank 11CPAPRInnovator U.S. Equity Power Buffer ETFScore 50
  5. Rank 11CTENMiShares Large Cap 10% Target Buffer Mar ETFScore 50
  6. Rank 13CPJULInnovator U.S. Equity Power Buffer ETFScore 49

Our read on each fund

ETF.net Research

PSMJBPacer Swan SOS Moderate (July) ETF

TENMCiShares Large Cap 10% Target Buffer Mar 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.

TENM 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.

TENM 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

TENM 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

TENM No data

Full PSMJ profile⁠

Full TENM profile⁠

PSMJ vs TENM 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 TENM Cost

Overpaying TENM vs PSMJ

$744

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

  • PSMJ 0.49%

    $9,792

  • TENM 0.53%

    $10,536

$10,000
30 years

Cost over time

  • PSMJ 0.49%
  • TENM 0.53%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530TENM $10,536PSMJ $9,792

Year by year

YearPSMJTENMOverpaying
10$883$953$70
20$3,394$3,658$264
30$9,792$10,536$744

Expense ratio

  • 0.49%PSMJ, cheaper
  • 0.53%TENM
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

PSMJ 5th cheapest of 51 funds

TENM 15th cheapest of 51 funds

PSMJ vs TENM Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
PSMJ 0.00%
TENM No data
Payout (12M)
PSMJ None
TENM No data
Last payment
PSMJ No data
TENM $0.08
Ex-dividend
PSMJ No data
TENM Dec 23, 2025
Paid on
PSMJ No data
TENM Dec 29, 2025
Frequency
PSMJ No data
TENM Irregular

Distribution history

Per share, 2021 to 2026, same scale for both

PSMJ1 paymentAll PSMJ payments⁠
One bar per payment. 1 payment from 2021 to 2026 YTD. Dec 23, 2021 $0.0038. Use the arrow keys to read each point.$0$0.0520232026YTD
TENMIrregular · 1 paymentAll TENM payments⁠
One bar per payment. 1 payment from 2021 to 2026 YTD. Dec 23, 2025 $0.08. Use the arrow keys to read each point.$0$0.0520232026YTD

PSMJ vs TENM 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%TENM 7.0%since Nov 2025
Return per unit of riskSharpe ratio, 3 years
PSMJ 1.47TENM 0.94since Nov 2025
Worst fallMax drawdown, 5 years
PSMJ −10.9%TENM −3.6%since Oct 2025
Market sensitivityBeta, 5 years
PSMJ 0.47TENM 0.52

Popular comparisons

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    Expense ratio
    0.49% · 0.49%
    Category
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  • TENMCvsPSMOB

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  • TENMCvsPSMRB

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    Expense ratio
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    Category
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