Skip to Content
Trade options on Composer. Earn up to $200 in cash rebates!Get Started.T&Cs apply.
ETFs

Pacer Swan SOS Moderate (April) ETF

PSMR
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 31, 2021
Expense Ratio
0.75%
Type
US Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$37,598
AUM
$30,351,620
Associated Index
SPDR S&P 500 ETF Trust
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

—
SPY 03/28/2024 4.54 C
98.74%
—
SPY 03/28/2024 409.43 P
2.31%
—
Cash & Other
0.93%
—
SPY 03/28/2024 347.98 P
-0.73%
—
SPY 03/28/2024 470.59 C
-1.26%
Invest with PSMR
Trade PSMR Options

What is PSMR?

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.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

PSMR
Performance Measures**

for the time period Apr 1, 2021 to Dec 17, 2025

Returns

1M Trailing Return: 1.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 1.6%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -11.8%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 8.7%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.91

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.67

The annualized return divided by the max drawdown for the selected time period.

ETFs related toPSMR

ETFs correlated to PSMR include GAUG, GJUL, XAUG

PSMR
Pacer Funds Trust - Pacer Swan SOS Moderate (April) ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
GJUL
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - July
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
PAPR
Innovator ETFs Trust - Innovator U.S. Equity Power Buffer ETF - April
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
FNOV
First Trust Exchange-Traded Fund VIII - First Trust Cboe Vest U.S. Equity Buffer ETF - November
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 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.

FAQ

PSMR 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.

PSMR tracks the SPDR S&P 500 ETF Trust.

No, PSMR 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, PSMR 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 PSMR is -0.0013%. This is the percent change in the value of PSMR over the most recent 1-month period. The 3-month return on PSMR is 0.006%. This is the percent change in the value of PSMR over the most recent 3-month period.

The standard deviation of PSMR for the past year is 0.0804%. 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 PSMR include DAUG, FAUG, and FFEB.

ETFs correlated to PSMR include GAUG, GJUL, and XAUG.

ETFs that are inversely correlated to PSMR include SH, SPDN, and SPXU.

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.