ETF Evaluator:
Pacer Swan SOS Fund of Funds ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Defined Outcome Over the Last Year
| 23.7% | Innovator U.S. Small Cp Pwr Buf ETF -Nov (KNOV) |
| 23.2% | Innovator U.S. Small Cp Pwr Buf ETF -Feb (KFEB) |
| 21.9% | Innovator U.S. Small Cp Pwr Buf ETF -Mar (KMAR) |
| 21.9% | Innovator US Small Cap Pwr Buff ETF™ Oct (KOCT) |
| 21.1% | FT Vest U.S. Small Cap Mod Buf ETF-Feb (SFEB) |
Risk
Index
Risk
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ETF Details
Pacer Swan SOS Fund of Funds ETF Overview
Pacer Swan SOS Fund of Funds ETF (PSFF) is an actively managed Nontraditional Equity Defined Outcome exchange-traded fund (ETF). Pacer launched the ETF in 2020.
The investment seeks capital appreciation with downside protection.
The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in a portfolio of other ETFs also managed by the fund’s investment adviser, Pacer Advisors, Inc. (the “Adviser”), and the fund’s investment sub-adviser, Sub-Adviser. The other ETFs in which the fund invests seek exposure to U.S. equity securities, while limiting downside risk. The fund is non-diversified.
About Pacer Swan SOS Fund of Funds ETF (PSFF)
There are 1 members of the management team with an average tenure of 5.59 years: Christopher Hausman (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and S&P 500 PR index with a weighting of 100%. Pacer Swan SOS Fund of Funds ETF has 15 securities in its portfolio. The top 10 holdings constitute 92.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Pacer Swan SOS Fund of Funds ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. Pacer Swan SOS Fund of Funds ETF has 1.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 191.9% There is 1.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Pacer Swan SOS Fund of Funds ETF has -92.5% of the portfolio in cash.
Assets Under Management
The fund has $592 million in total assets, which is above the $183 million average for the Defined Outcome category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
PSFF Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Pacer Swan SOS Fund of Funds ETF expense ratio is above average compared to funds in the Defined Outcome category. Pacer Swan SOS Fund of Funds ETF has an expense ratio of 0.66%, which is 8% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Pacer Swan SOS Fund of Funds ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 3% for the Defined Outcome category.
Recently, in the month of July 2026, Pacer Swan SOS Fund of Funds ETF returned 0.6%, which earned it a grade of B, as the Defined Outcome category had an average return of 0.2%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Pacer Swan SOS Fund of Funds ETF has a trailing yield of 0.00%, which is below the 0.48% category average.
The fund normally distributes its income annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Pacer Swan SOS Fund of Funds ETF Grades
Year to date, the ETF has returned 6.8%, 1.0 percentage points better than the category, which translates into a grade of B. The fund has returned 12.0% over the past year (grade of C), 11.8% over the past three years (grade of C) and 9.4% per year over the past five years (grade of C).
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PSFF Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PSFF Return (NAV) | 0.6% | 2.7% | 12.0% | 11.8% | 9.4% | na |
| PSFF Return (Price) | 0.6% | 2.7% | 11.9% | 11.9% | 9.4% | na |
| NAV +/- Price Return | -0.004% | -0.024% | 0.019% | -0.118% | 0.004% | na |
| Defined Outcome Avg | 0.2% | 2.2% | 11.3% | 11.8% | 8.6% | na |
| PSFF Grade (NAV) | B | C | C | C | C | na |
| +/- Category (NAV) | 0.4% | 0.5% | 0.7% | 0.0% | 0.8% | na |
| PSFF Tax-Cost Ratio | na | na | 0.0% | 0.0% | 0.0% | na |
PSFF Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PSFF Return (NAV) | 6.8% | 10.6% | 13.0% | 18.2% | -4.0% | 11.8% | na | na | na | na | na |
| PSFF Return (Price) | 6.8% | 10.4% | 13.2% | 18.4% | -4.1% | 11.8% | na | na | na | na | na |
| NAV +/- Price Ret | -0.006% | -0.016% | 0.015% | 0.008% | 0.018% | 0.003% | na | na | na | na | na |
| Defined Outcome Avg | 5.8% | 11.3% | 12.4% | 18.5% | -8.8% | 9.7% | 7.7% | 16.4% | -6.7% | 15.8% | na |
| PSFF Grade (NAV) | B | C | C | C | A | B | na | na | na | na | na |
| +/- Category | 1.0% | -0.8% | 0.6% | -0.2% | 4.7% | 2.1% | na | na | na | na | na |
| Risk Measures | |
| Beta: | 0.48 |
| R-Squared: | 93% |
| Standard Deviation: | 6.5% |
| Category Risk Index: | 0.87 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 0.53 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 0.0% |
| Total Assets: | $ 592 Mil |
| Share Class Assets: | $ 592 Mil |
| Turnover: | 0.0% |
| Expense Ratio: | 0.66% |
| Index Fund: | No |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 5.6 years | |||
| Average Tenure: 5.6 years | |||
| Managers (Year): Hausman Christopher (2020) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 15 |
| % in Top 10 Holdings: | 92.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 1.0% |
Portfolio Allocation |
|
| Domestic Stock: | 191.9% |
| Foreign Stock: | 1.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.4% |
| Cash: | -92.5% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Pacer |
| Phone Number: | 800-617-0004 |
| Website: | www.paceretfs.com |
| Inception Date: | December 29, 2020 |
Expenses and Fees
| Expense Ratio (%): | 0.66% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.72% |
