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ETFs

Pacer Swan SOS Moderate (October) ETF

PSMO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 30, 2021
Expense Ratio
0.75%
Type
US Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$61,857
AUM
$30,721,339
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 09/29/2023 3.96 C
100.17%
n/a
Cash & Other
0.75%
n/a
SPY 09/29/2023 357.22 P
0.01%
n/a
SPY 09/29/2023 303.6 P
-0.01%
n/a
SPY 09/29/2023 430.76 C
-0.92%
Invest with PSMO

What is PSMO?

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 toPSMO

ETFs correlated to PSMO include POCT, DECZ, VONE

PSMO
Pacer Funds Trust - Pacer Swan SOS Moderate (October) ETF
POCT
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - October
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
VONE
Vanguard Group, Inc. - Vanguard Russell 1000 Index ETF
JHML
John Hancock Investment Management LLC - John Hancock Multifactor Large Cap ETF
VTHR
Vanguard Group, Inc. - Vanguard Russell 3000 Index ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor 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.

FAQ

PSMO 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.

PSMO tracks the SPDR S&P 500 ETF Trust.

No, PSMO 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, PSMO 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 PSMO is 0.0111%. This is the percent change in the value of PSMO over the most recent 1-month period. The 3-month return on PSMO is 0.0269%. This is the percent change in the value of PSMO over the most recent 3-month period.

The standard deviation of PSMO for the past year is 0.0874%. 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 PSMO include DJUL, DAUG, and FAUG.

ETFs correlated to PSMO include POCT, DECZ, and VONE.

ETFs that are inversely correlated to PSMO include SPDN, SPXU, and SPXS.

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.