Pacer Swan SOS Moderate (January) ETF

Frequently Asked Questions About PSMD

What does PSMD invest in?

This exchange-traded fund (ETF) is designed to emulate the financial performance of the SPDR S&P 500 ETF Trust, before accounting for fees and expenditures. It features a pre-established ceiling on potential upside returns (the "Cap"), while simultaneously incorporating a protective safeguard against market downturns (the "Buffer"), with its structure reset approximately every year.

What is the expense ratio of PSMD?

Pacer Swan SOS Moderate (January) ETF (PSMD) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PSMD?

Pacer Swan SOS Moderate (January) ETF (PSMD) manages $93.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PSMD actively managed or an index fund?

PSMD is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PSMD's is 0.49%) because there's no security selection cost.

When was PSMD launched?

Pacer Swan SOS Moderate (January) ETF (PSMD) launched in December 2020 and is managed by Pacer.

How has PSMD performed?

PSMD's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.