CALF vs. PSFF

Last updated Apr 1, 2026

Compare and contrast key facts about Pacer US Small Cap Cash Cows 100 ETF (CALF) and Pacer Swan SOS Fund of Funds ETF (PSFF).

CALF and PSFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CALF is a passively managed fund by Pacer that tracks the performance of the Pacer US Small Cap Cash Cows Index. It was launched on Jun 16, 2017. PSFF is an actively managed fund by Pacer. It was launched on Dec 29, 2020.

Performance

CALF vs. PSFF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer US Small Cap Cash Cows 100 ETF (CALF) and Pacer Swan SOS Fund of Funds ETF (PSFF). The values are adjusted to include any dividend payments, if applicable.

CALF vs. PSFF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CALF Pacer US Small Cap Cash Cows 100 ETF	1.28%	2.33%	-7.41%	35.43%	-15.20%	40.68%	-0.41%
PSFF Pacer Swan SOS Fund of Funds ETF	-0.88%	10.38%	13.18%	18.39%	-4.11%	11.81%	0.37%

Returns By Period

In the year-to-date period, CALF achieves a 1.28% return, which is significantly higher than PSFF's -0.88% return.

CALF

• 1D: 1.93%
• 1M: -2.56%
• YTD: 1.28%
• 6M: 3.41%
• 1Y: 21.42%
• 3Y*: 6.95%
• 5Y*: 3.17%
• 10Y*: —

PSFF

• 1D: 1.57%
• 1M: -1.37%
• YTD: -0.88%
• 6M: 1.42%
• 1Y: 12.24%
• 3Y*: 11.73%
• 5Y*: 8.52%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CALF vs. PSFF - Expense Ratio Comparison

CALF has a 0.59% expense ratio, which is lower than PSFF's 0.75% expense ratio.

PSFF

Pacer Swan SOS Fund of Funds ETF

CALF

Pacer US Small Cap Cash Cows 100 ETF

Return for Risk

CALF vs. PSFF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CALF

CALF Risk / Return Rank: 59
CALF Sharpe Ratio Rank: 56
CALF Sortino Ratio Rank: 59
CALF Omega Ratio Rank: 60
CALF Calmar Ratio Rank: 56
CALF Martin Ratio Rank: 64

PSFF

PSFF Risk / Return Rank: 76
PSFF Sharpe Ratio Rank: 71
PSFF Sortino Ratio Rank: 73
PSFF Omega Ratio Rank: 76
PSFF Calmar Ratio Rank: 75
PSFF Martin Ratio Rank: 87

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CALF vs. PSFF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer US Small Cap Cash Cows 100 ETF (CALF) and Pacer Swan SOS Fund of Funds ETF (PSFF). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CALF	PSFF	Difference
Sharpe ratio Return per unit of total volatility	0.95	1.27	-0.32
Sortino ratio Return per unit of downside risk	1.46	1.84	-0.38
Omega ratio Gain probability vs. loss probability	1.21	1.28	-0.07
Calmar ratio Return relative to maximum drawdown	1.32	1.96	-0.64
Martin ratio Return relative to average drawdown	6.03	10.50	-4.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CALF vs. PSFF - Sharpe Ratio Comparison

The current CALF Sharpe Ratio is 0.95, which is comparable to the PSFF Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of CALF and PSFF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CALF	PSFF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.95	1.27	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.93	-0.79
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.99	-0.67

Correlation

The correlation between CALF and PSFF is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CALF vs. PSFF - Dividend Comparison

CALF's dividend yield for the trailing twelve months is around 1.43%, while PSFF has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CALF Pacer US Small Cap Cash Cows 100 ETF	1.43%	1.43%	1.07%	1.18%	0.85%	2.63%	0.82%	0.99%	1.39%	0.70%
PSFF Pacer Swan SOS Fund of Funds ETF	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CALF vs. PSFF - Drawdown Comparison

The maximum CALF drawdown since its inception was -47.58%, which is greater than PSFF's maximum drawdown of -10.78%. Use the drawdown chart below to compare losses from any high point for CALF and PSFF.

Drawdown Indicators

	CALF	PSFF	Difference
Max Drawdown Largest peak-to-trough decline	-47.58%	-10.78%	-36.80%
Max Drawdown (1Y) Largest decline over 1 year	-16.47%	-6.58%	-9.89%
Max Drawdown (5Y) Largest decline over 5 years	-34.22%	-10.78%	-23.44%
Current Drawdown Current decline from peak	-6.40%	-2.00%	-4.40%
Average Drawdown Average peak-to-trough decline	-10.92%	-1.65%	-9.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.60%	1.23%	+2.37%

Volatility

CALF vs. PSFF - Volatility Comparison

Pacer US Small Cap Cash Cows 100 ETF (CALF) has a higher volatility of 4.25% compared to Pacer Swan SOS Fund of Funds ETF (PSFF) at 2.86%. This indicates that CALF's price experiences larger fluctuations and is considered to be riskier than PSFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CALF	PSFF	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.25%	2.86%	+1.39%
Volatility (6M) Calculated over the trailing 6-month period	11.14%	4.31%	+6.83%
Volatility (1Y) Calculated over the trailing 1-year period	22.66%	9.70%	+12.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.68%	9.22%	+14.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.18%	9.19%	+16.99%