Pacer Swan SOS Moderate (December) ETF (PSMD) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PSMD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSMD
PSMD charges 0.75% annually. There are 86 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | PSMD vs JANB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | PSMD vs JULB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | PSMD vs APRB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | PSMD vs OCTB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | PSMD vs FBUF |
Best Risk-Adjusted Alternatives to PSMD
PSMD has a PortfoliosLab risk / return rank of 87. There are 123 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | PSMD vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | PSMD vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | PSMD vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | PSMD vs ZAPR | |
| Calamos Russell 2000 Structured Alt Protection ETF... | 98 | 13.20M | Apr 2025 | PSMD vs CPRA |
Top Performing PSMD Alternatives (YTD)
PSMD is at 6.35% YTD. There are 129 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | PSMD vs NVDO | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 13.84% | 2.87M | Jun 2025 | PSMD vs QB | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.73% | — | Jan 2025 | PSMD vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.09% | 214.27M | Mar 2020 | PSMD vs KAPR | |
| Innovator U.S. Equity Buffer ETF - April | 11.91% | 403.09M | Mar 2019 | PSMD vs BAPR |
Lowest Volatility Alternatives to PSMD
PSMD has 5.85% 1-year volatility. There are 129 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | PSMD vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.33% | — | Apr 2025 | PSMD vs APXM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | PSMD vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 1.40% | — | Apr 2025 | PSMD vs PMMY | |
| iShares Large Cap Max Buffer Mar ETF | 1.44% | — | Mar 2025 | PSMD vs MMAX |
Lowest Drawdown Alternatives to PSMD
PSMD has a 1-year max drawdown of -4.42%. There are 141 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | PSMD vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | PSMD vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | PSMD vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | PSMD vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | PSMD vs CPSM |
Other ETFs from Pacer
The 10 most viewed Pacer ETFs shown here include COWZ, QDPL, GCOW and span 10 categories. AUM among these funds goes as high as $18B.
Often Compared With PSMD
Investors most often compare PSMD with FTAG, FMAY, UJUN. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare PSMD with Any Fund or Stock
Compare PSMD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSMD with funds that move differently
Pacer Swan SOS Moderate (December) ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSMD.
Explore PSMD Diversifiers