Pacer Swan SOS Moderate (January) ETF

PSMD 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.

PSMD tracks the SPDR S&P 500 ETF Trust.

No, PSMD 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, PSMD 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 PSMD is 0.0003%. This is the percent change in the value of PSMD over the most recent 1-month period. The 3-month return on PSMD is 0.0125%. This is the percent change in the value of PSMD over the most recent 3-month period.

The standard deviation of PSMD for the past year is 0.0905%. 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 PSMD include DJUL, DAUG, and FAUG.

ETFs correlated to PSMD include PJAN, GAUG, and DECZ.

ETFs that are inversely correlated to PSMD include SPDN, SDS, and SPXS.