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PSMO vs SQBA

Pacer Swan SOS Moderate (October) ETF

PSMOBCboe

FT Vest U.S. Equity Quarterly 15 Buffer ETF

SQBA—Cboe

Overlap

0.0%by weight

Expense ratio

PSMO −0.36pt a year

PSMO0.49%SQBA0.85%

Avg volume · 30D

PSMO 3.2×the volume

PSMO8.14KSQBA2.52K

PSMO vs SQBA Performance

Oct 6, 2026 – Nov 6, 2026

−2.7%PSMO−1.3%SQBA

Oct 6, 2026 to Nov 6, 2026. PSMO −2.7%. SQBA −1.3%. Use the arrow keys to read each point.−2%−0.5%0%Oct 6Oct 21Nov 6
Expense ratio
PSMO 0.49%, better
SQBA 0.85%
Fund size
PSMO $117M
SQBA $5M
1Y total return
PSMO +9.0%
SQBA No data
Holdings
PSMO 3
SQBA 3
Avg volume (30D)
PSMO 8.14K sh, better
SQBA 2.52K sh
NAV per share
PSMO $32.98
SQBA $30.53
52W range

ETF.net Grade

  • —SQBANot yet graded
PSMO: Cost 70, Risk 53, Mission 95, Tradability 69, Holdings not scored, Durability 66.
Pillar letters and Scores for PSMO, SQBA, with each pillar’s weight
PillarPSMOSQBA
Cost30% weightA70Not scored
Mission25% weightA95Not scored
Risk15% weightC53Not scored
Tradability15% weightB69Not scored
Holdings10% weightNot scoredNot scored
Durability5% weightB66Not scored

Rank among S&P 500 Buffer 15% funds

How we build Categories ›

S&P 500 Buffer 15%⁠

Category · 51 funds
See all 51 ›

PSMO ranks 1st 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. SQBANot yet graded

Our read on each fund

ETF.net Research

PSMOBPacer Swan SOS Moderate (October) ETF

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

In short

PSMO A 15% cushion against SPY's first losses, reset every October, for 0.49% a year. Most defined-outcome funds charge more, and the trade is a cap on the upside that gets set fresh at the start of each period.

SQBA No data

Stated mandate

PSMO The fund seeks to track the returns of the SPDR S&P 500 ETF Trust up to a stated cap while buffering the first 15% of losses during an approximately one-year outcome period.

SQBA No data

Why people hold it

  • PSMO Charges 0.49% a year versus a 0.79% median across its 15%-buffer peer group, one of the lower-cost ways to own this structure.
  • Pacer's moderate SOS funds (PSMD, PSMR, PSMJ) all price at 0.49%, while the Innovator power-buffer lineup (POCT, PJUL, PJAN) runs 0.79%.
  • The reference asset is the SPDR S&P 500 ETF Trust itself, not an abstract index, so what's being buffered is a fund you can watch tick by tick.paceretfs.com

SQBA No data

Worth knowing

  • PSMO Buffer and cap are engineered for the full one-year outcome period running October through September. Buy or sell mid-period and you may get neither in full.paceretfs.com
  • Upside stops at a cap reset each October. A runaway rally in the S&P 500 is the scenario this structure hands back in exchange for the 15% cushion.paceretfs.com
  • One of the quieter tickers in the buffer aisle, so spreads and order type matter more here than with the category's household names.

SQBA No data

Full PSMO profile⁠

Full SQBA profile⁠

PSMO vs SQBA Holdings

How PSMO 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 PSMO and SQBA, widest gap first
SectorMore in PSMOMore 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 PSMO and SQBA, widest gap first
CountryMore in PSMOMore in SQBAGap
United StatesSame weight
SwitzerlandSame weight
ChinaSame weight
MexicoPSMO +0.1 points
IrelandSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • PSMO104.0%
  • SQBA100.2%

Securities held

  • PSMO2
  • SQBA2

Asset class

PSMO
Stocks
SQBA
Multi-Asset

Holdings

  • Only in PSMO2
  • In both0
  • Only in SQBA2

Only in PSMO

2 securities, 100% of PSMO by weight

  • Spy 09/30/2027 8.47 C96.22%
  • Spy 09/30/2027 762.71 P6.87%

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

PSMO and SQBA share no securities.

All 6 PSMO 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.

PSMO vs SQBA Cost

Overpaying SQBA vs PSMO

$6,407

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

  • PSMO 0.49%

    $9,792

  • SQBA 0.85%

    $16,199

$10,000
30 years

Cost over time

  • PSMO 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 $16,199PSMO $9,792

Year by year

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

Expense ratio

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

PSMO 5th cheapest of 51 funds

SQBA 37th cheapest of 51 funds

PSMO vs SQBA Dividends

Last 12 months to Nov 6, 2026
Payout (12M)
PSMO None
SQBA None

Distribution history

PSMOAll PSMO payments⁠

No distribution history available.

SQBAAll SQBA payments⁠

No distribution history available.

PSMO vs SQBA Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PSMO 5.9%SQBA No data
Return per unit of riskSharpe ratio, 3 years
PSMO 1.31SQBA No data
Worst fallMax drawdown, 5 years
PSMO −9.8%SQBA No data
Market sensitivityBeta, 5 years
PSMO 0.41SQBA 0.00

PSMO and SQBA in the news

All news⁠

Popular comparisons

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    Expense ratio
    0.49% · 0.49%
    Category
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  • SQBA—vsPSMJB

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    Expense ratio
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    Category
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    Expense ratio
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    Category
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  • PSMOBvsBUFCB

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    Expense ratio
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    Category
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  • SQBA—vsBUFCB

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    Expense ratio
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    Category
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