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ETFs

Pacer Swan SOS Flex (October) ETF

PSFO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 30 2021
Expense Ratio
0.75%
Type
US Equities
Fund Owner
Pacer Financial
Volume (1m avg. daily)
$18,011
AUM
$10,932,390
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 4 C
99.54%
n/a
Cash & Other
0.44%
n/a
SPY 09/29/2023 357.18 P
0.02%
n/a
SPY 09/29/2023 214.31 P
0.00%
n/a
SPY 09/29/2023 285.74 P
0.00%
n/a
SPY 09/29/2023 451.12 C
0.00%
Invest with PSFO

What is PSFO?

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 toPSFO

ETFs correlated to PSFO include GAUG, XAUG, SPUU

PSFO
Pacer Funds Trust - Pacer Swan SOS Flex (October) ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
IWB
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
VV
Vanguard Group, Inc. - Vanguard Large Cap ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares

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.

Automated Strategies
Related toPSFO

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PSFO using Composer

FAQ

PSFO 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.

PSFO tracks the SPDR S&P 500 ETF Trust.

No, PSFO 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, PSFO 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 PSFO is -0.0047%. This is the percent change in the value of PSFO over the most recent 1-month period. The 3-month return on PSFO is 0.01%. This is the percent change in the value of PSFO over the most recent 3-month period.

The standard deviation of PSFO for the past year is 0.1091%. 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 PSFO include DJUL, DAUG, and FAUG.

ETFs correlated to PSFO include GAUG, XAUG, and SPUU.

ETFs that are inversely correlated to PSFO include SPXS, SDS, and SH.

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.