- What does PSMJ invest in?
- This exchange-traded fund (ETF) is structured to replicate the gross returns (before fees and expenses) of the SPDR S&P 500 ETF Trust, its chosen benchmark. It aims to achieve this while simultaneously limiting potential profits with a predefined upside cap. Crucially, it also integrates a protective buffer to mitigate a certain amount of downside risk. These specific performance characteristics are applicable over an approximate one-year timeframe.
- What is the expense ratio of PSMJ?
- Pacer Swan SOS Moderate (July) ETF (PSMJ) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PSMJ?
- Pacer Swan SOS Moderate (July) ETF (PSMJ) manages $93.4M 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 PSMJ actively managed or an index fund?
- PSMJ 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 (PSMJ's is 0.49%) because there's no security selection cost.
- When was PSMJ launched?
- Pacer Swan SOS Moderate (July) ETF (PSMJ) launched in June 2021 and is managed by Pacer.
- How has PSMJ performed?
- PSMJ'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.
