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ETFs

Pacer Swan SOS Flex (April) ETF

PSFM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 31 2021
Expense Ratio
0.75%
Type
US Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$90,633
AUM
$17,837,850
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
SPY 03/28/2024 4.59 C
98.53%
n/a
SPY 03/28/2024 409.39 P
3.55%
n/a
Cash & Other
0.91%
n/a
SPY 03/28/2024 245.63 P
0.30%
n/a
SPY 03/28/2024 482.26 C
-1.25%
n/a
SPY 03/28/2024 327.51 P
-2.03%
Invest with PSFM

What is PSFM?

The Fund is an actively managed exchange-traded fund ( ETF ) that, under normal market conditions, invests substantially all of its assets in FLexible EXchange Options ( FLEX Options ) that reference the market price of the SPDR S&P 500 ETF Trust (the Underlying ETF ). The Fund uses FLEX Options to employ a structured outcome strategy. Structured outcome strategies seek to produce pre-determined target investment outcomes based upon the performance of an underlying security or index. The pre-determined outcomes sought by the Fund are intended to reflect the performance of the Underlying ETF over an approximate one-year period (the Investment Period ), subject to a buffer (the Buffer ) against certain Underlying ETF losses and a cap.

ETFs related toPSFM

ETFs correlated to PSFM include PAPR, USCA, FAPR

PSFM
Pacer Funds Trust - Pacer Swan SOS Flex (April) ETF
PAPR
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - April
USCA
DBX ETF Trust - Xtrackers MSCI USA Climate Action Equity ETF
FAPR
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Buffer ETF - April
BJUN
Innovator ETFs Trust - Innovator U.S. Equity Buffer ETF - June
XDEC
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - December
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPSFM

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#BUFF

Copy Warren Buffett

Category

Classic, Copy the Greats

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PSFM using Composer

FAQ

PSFM is a US Equities ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that, under normal market conditions, invests substantially all of its assets in FLexible EXchange Options ( FLEX Options ) that reference the market price of the SPDR S&P 500 ETF Trust (the Underlying ETF ). The Fund uses FLEX Options to employ a structured outcome strategy. Structured outcome strategies seek to produce pre-determined target investment outcomes based upon the performance of an underlying security or index. The pre-determined outcomes sought by the Fund are intended to reflect the performance of the Underlying ETF over an approximate one-year period (the Investment Period ), subject to a buffer (the Buffer ) against certain Underlying ETF losses and a cap.

PSFM tracks the SPDR S&P 500 ETF Trust.

No, PSFM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PSFM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PSFM is 0.031%. This is the percent change in the value of PSFM over the most recent 1-month period. The 3-month return on PSFM is 0.0458%. This is the percent change in the value of PSFM over the most recent 3-month period.

The standard deviation of PSFM for the past year is 0.1279%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PSFM include DFEB, BUFD, and FSEP.

ETFs correlated to PSFM include PAPR, USCA, and FAPR.

ETFs that are inversely correlated to PSFM include SH, SPXS, and SPDN.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.