PSCQPacer Swan SOS Conservative (October) ETF
The Pacer Swan SOS Conservative (October) ETF (the Fund) seeks to provide investors with returns that, before fees and expenses of the Fund, match those of the SPDR S&P 500 ETF Trust (the Underlying ETF) up to a predetermined upside cap of 11.61% (before fees and expenses of the Fund) and 11.00% (after fees and expenses of the Fund), while providing a buffer against Underlying ETF losses between 5% and 30% over the period from October 1, 2025 to September 30, 2026.
Pacer · Since 2021 (4 years)
0.60%
#2918 out of 5,332 ETFs
$46M
#3427 out of 5,332 ETFs
0.00%
4 years
#2569 out of 5,332 ETFs
Performance
1 Year
+18.1%
3 Years
+13.1%
5 Years
N/A
What's inside
Risk profile
6.4%
Moderate
-9.9%
Worst peak-to-trough loss
1.31
Excellent risk-adjusted returns
1.97
Good downside protection
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Buffer ETF — downside protection at a cost
Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.
Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)
Why we flagged this: strategy=structured_outcome + structured_outcome_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05