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Sunday, August 23, 2026The Morning Brief →Sign in
PSMJPacer

Pacer Swan SOS Moderate (July) ETF

$34.39+0.20% today
313552-WK

The fund is an actively managed ETF that invests substantially all of its assets in FLEX Options that reference the market price of the SPDR® S&P 500® ETF Trust. FLEX Options are exchange-traded options contracts with uniquely customizable terms like exercise price, style, and expiration date. The Underlying ETF is an exchange-traded unit investment trust that seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500® Index. It is non-diversified.

Price & daily flows
33.832.831.734.39DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +6.8% so far this year. At 0.75% a year it is not the cheapest way in — ITDG runs the same ground at 0.11%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$84Massets under management
0.75%expense ratio · $75 per $10,000 a year
net flow, trailing month
9Kavg daily volume, 30 days
5holdings · US-domiciled
2021listed October 31, 2021
Sector weights
Rights & Warrants99.11%
Technology31.5%
Financial Services12.47%
Healthcare12.01%
Consumer Cyclical10.02%
Communication Services9.28%
Industrials8.01%
Consumer Defensive5.99%
Energy3.86%
Utilities2.58%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Other100%
United States100%
Cash0.83%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.5%
1 month+2.3%
3 months+2.5%
6 months+6.1%
YTD+6.8%
1 year+10.7%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
6%realized volatility, 30 days (annualized)
5%realized volatility, 1 year
-3.7%deepest fall from a peak, 1 year
-0.5%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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