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PSMR vs QBSF

Pacer Swan SOS Moderate (April) ETF

PSMRBCboe

AllianzIM U.S. Equity Buffer15 ETF

QBSFCCboe

Overlap

Expense ratio

PSMR −0.15pt a year

PSMR0.49%QBSF0.64%

Avg volume · 30D

QBSF 15.7×the volume

PSMR1.26KQBSF19.9K

PSMR vs QBSF Performance

Oct 31, 2025 – Oct 30, 2026

+12.1%PSMR+6.3%QBSF

Oct 31, 2025 to Oct 30, 2026. PSMR +12.1%. QBSF +6.3%. Use the arrow keys to read each point.0%2.5%10%Oct 2025Apr 2026Oct 2026
Expense ratio
PSMR 0.49%, better
QBSF 0.64%
Fund size
PSMR $91M
QBSF $68M
1Y total return
PSMR +12.1%, better
QBSF +6.3%
Holdings
PSMR 3
QBSF 3
Avg volume (30D)
PSMR 1.26K sh
QBSF 19.9K sh, better
NAV per share
PSMR $33.00
QBSF $27.61
52W range

ETF.net Grade

PSMR: Cost 70, Risk 57, Mission not scored, Tradability 32, Holdings not scored, Durability 64. QBSF: Cost 58, Risk 65, Mission not scored, Tradability 46, Holdings 46, Durability 35.
Pillar letters and Scores for PSMR, QBSF, with each pillar’s weight
PillarPSMRQBSF
Cost30% weightA70HigherB58
Mission25% weightNot scoredNot scored
Risk15% weightB57B65Higher
Tradability15% weightD32C46Higher
Holdings10% weightNot scoredC46
Durability5% weightB64HigherD35

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. PSMR and QBSF 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 ›

PSMR ranks 3rd and QBSF 6th 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 4BBUFCAB Conservative Buffer ETFScore 55
  5. Rank 6BPSEPInnovator U.S. Equity Power Buffer ETFScore 54
  6. Rank 6CQBSFAllianzIM U.S. Equity Buffer15 ETFScore 54
  7. Rank 8CPAUGInnovator U.S. Equity Power Buffer ETF - AugustScore 52

Our read on each fund

ETF.net Research

PSMRBPacer Swan SOS Moderate (April) ETF

QBSFCAllianzIM U.S. Equity Buffer15 ETF

In short

PSMR A 15-point cushion on SPY, reset every April, for 0.49% a year while the typical buffer fund charges more. Pacer and Swan's moderate tier trades away some upside (a cap set each period) for a floor you know going in.

QBSF No data

Stated mandate

PSMR The Fund seeks to match 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.

QBSF No data

Why people hold it

  • PSMR Charges 0.49% a year against a 0.79% median in its buffered-SPY cohort, and undercuts Pacer's own single-month siblings like PJUL and POCT at 0.79%.
  • The contract is spelled out: a 15-point buffer against SPDR S&P 500 ETF Trust losses over roughly a one-year period, with upside capped at a level set when the period begins.paceretfs.com
  • Terms reset on April 1 each year, so the new buffer and cap arrive on a known calendar date instead of whenever you happened to buy in.paceretfs.com
  • Running since 2021, so this April series has cycled through several complete outcome periods rather than being a fresh launch with a paper track record.

QBSF No data

Worth knowing

  • PSMR Thinly traded next to the biggest names in buffer land, so spreads and order size are worth a look before you place a trade.
  • The cap cuts both ways: big SPY years get trimmed, and the stated buffer and cap only line up in full for a holder who rides one April reset to the next.
  • Not an income vehicle. It has not been paying a regular distribution, so whatever the strategy delivers shows up in the share price.

QBSF No data

Full PSMR profile⁠

Full QBSF profile⁠

PSMR vs QBSF 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.

PSMR vs QBSF Cost

Overpaying QBSF vs PSMR

$2,746

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

  • PSMR 0.49%

    $9,792

  • QBSF 0.64%

    $12,538

$10,000
30 years

Cost over time

  • PSMR 0.49%
  • QBSF 0.64%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530QBSF $12,538PSMR $9,792

Year by year

YearPSMRQBSFOverpaying
10$883$1,145$262
20$3,394$4,375$981
30$9,792$12,538$2,746

Expense ratio

  • 0.49%PSMR, cheaper
  • 0.64%QBSF
  • Middle half of S&P 500 Buffer 15% funds
  • Median 0.79%

PSMR 5th cheapest of 51 funds

QBSF 16th cheapest of 51 funds

PSMR vs QBSF Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
PSMR None
QBSF None

Distribution history

PSMRAll PSMR payments⁠

No distribution history available.

QBSFAll QBSF payments⁠

No distribution history available.

PSMR vs QBSF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PSMR 6.0%QBSF 2.3%since Aug 2025
Return per unit of riskSharpe ratio, 3 years
PSMR 1.31QBSF 1.35since Aug 2025
Worst fallMax drawdown, 5 years
PSMR −11.8%QBSF −1.6%since Jul 2025
Market sensitivityBeta, 5 years
PSMR 0.45QBSF 0.15

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