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PSMR vs SQBA

Pacer Swan SOS Moderate (April) ETF

PSMRBCboe

FT Vest U.S. Equity Quarterly 15 Buffer ETF

SQBA—Cboe

Overlap

Expense ratio

PSMR −0.36pt a year

PSMR0.49%SQBA0.85%

Avg volume · 30D

SQBA 2.3×the volume

PSMR1.08KSQBA2.52K

PSMR vs SQBA Performance

Oct 6, 2026 – Nov 6, 2026

−1.3%PSMR−1.3%SQBA

Oct 6, 2026 to Nov 6, 2026. PSMR −1.3%. SQBA −1.3%. Use the arrow keys to read each point.−1%−0.75%−0.5%−0.25%0%Oct 6Oct 21Nov 6
Expense ratio
PSMR 0.49%, better
SQBA 0.85%
Fund size
PSMR $90M
SQBA $5M
1Y total return
PSMR +11.4%
SQBA No data
Holdings
PSMR 3
SQBA 3
Avg volume (30D)
PSMR 1.08K sh
SQBA 2.52K sh, better
NAV per share
PSMR $32.68
SQBA $30.53
52W range

ETF.net Grade

  • —SQBANot yet graded
PSMR: Cost 70, Risk 62, Mission not scored, Tradability 32, Holdings not scored, Durability 64.
Pillar letters and Scores for PSMR, SQBA, with each pillar’s weight
PillarPSMRSQBA
Cost30% weightA70Not scored
Mission25% weightNot scoredNot scored
Risk15% weightB62Not scored
Tradability15% weightD32Not 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 ›

PSMR ranks 3rd 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. Rank 4BBUFCAB Conservative Buffer ETFScore 56
  5. SQBANot yet graded

Our read on each fund

ETF.net Research

PSMRBPacer Swan SOS Moderate (April) ETF

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

SQBA 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.

SQBA 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.

SQBA 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.

SQBA No data

Full PSMR profile⁠

Full SQBA profile⁠

PSMR vs 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.

PSMR vs SQBA Cost

Overpaying SQBA vs PSMR

$6,407

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

  • PSMR 0.49%

    $9,792

  • SQBA 0.85%

    $16,199

$10,000
30 years

Cost over time

  • PSMR 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 $16,199PSMR $9,792

Year by year

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

Expense ratio

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

PSMR 5th cheapest of 51 funds

SQBA 37th cheapest of 51 funds

PSMR vs SQBA Dividends

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

Distribution history

PSMRAll PSMR payments⁠

No distribution history available.

SQBAAll SQBA payments⁠

No distribution history available.

PSMR vs SQBA 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%SQBA No data
Return per unit of riskSharpe ratio, 3 years
PSMR 1.31SQBA No data
Worst fallMax drawdown, 5 years
PSMR −11.8%SQBA No data
Market sensitivityBeta, 5 years
PSMR 0.46SQBA 0.00

PSMR and SQBA in the news

All news⁠

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