FJUN vs. PSMD

Last updated Apr 1, 2026

Compare and contrast key facts about FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) and Pacer Swan SOS Moderate (December) ETF (PSMD).

FJUN and PSMD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FJUN is a passively managed fund by First Trust that tracks the performance of the Cboe S&P 500 Buffer Protect Index June. It was launched on Jun 19, 2020. PSMD is an actively managed fund by Pacer. It was launched on Dec 22, 2020.

Performance

FJUN vs. PSMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) and Pacer Swan SOS Moderate (December) ETF (PSMD). The values are adjusted to include any dividend payments, if applicable.

FJUN vs. PSMD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	-0.98%	11.05%	16.38%	22.30%	-4.95%	11.47%	0.62%
PSMD Pacer Swan SOS Moderate (December) ETF	-1.77%	11.45%	12.78%	17.46%	-4.47%	11.23%	0.95%

Returns By Period

In the year-to-date period, FJUN achieves a -0.98% return, which is significantly higher than PSMD's -1.77% return.

FJUN

• 1D: 1.88%
• 1M: -1.96%
• YTD: -0.98%
• 6M: 0.99%
• 1Y: 13.26%
• 3Y*: 13.86%
• 5Y*: 10.05%
• 10Y*: —

PSMD

• 1D: 1.56%
• 1M: -2.40%
• YTD: -1.77%
• 6M: 0.79%
• 1Y: 11.20%
• 3Y*: 11.24%
• 5Y*: 8.15%
• 10Y*: —

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

FJUN vs. PSMD - Expense Ratio Comparison

FJUN has a 0.85% expense ratio, which is higher than PSMD's 0.75% expense ratio.

FJUN

FT Cboe Vest U.S. Equity Buffer ETF - June

PSMD

Pacer Swan SOS Moderate (December) ETF

Return for Risk

FJUN vs. PSMD — Risk / Return Rank

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

FJUN

FJUN Risk / Return Rank: 72
FJUN Sharpe Ratio Rank: 65
FJUN Sortino Ratio Rank: 70
FJUN Omega Ratio Rank: 78
FJUN Calmar Ratio Rank: 64
FJUN Martin Ratio Rank: 83

PSMD

PSMD Risk / Return Rank: 68
PSMD Sharpe Ratio Rank: 62
PSMD Sortino Ratio Rank: 66
PSMD Omega Ratio Rank: 76
PSMD Calmar Ratio Rank: 59
PSMD Martin Ratio Rank: 79

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.

FJUN vs. PSMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) and Pacer Swan SOS Moderate (December) ETF (PSMD). 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.

	FJUN	PSMD	Difference
Sharpe ratio Return per unit of total volatility	1.16	1.12	+0.05
Sortino ratio Return per unit of downside risk	1.78	1.71	+0.07
Omega ratio Gain probability vs. loss probability	1.30	1.29	+0.01
Calmar ratio Return relative to maximum drawdown	1.63	1.53	+0.10
Martin ratio Return relative to average drawdown	9.57	8.66	+0.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FJUN vs. PSMD - Sharpe Ratio Comparison

The current FJUN Sharpe Ratio is 1.16, which is comparable to the PSMD Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of FJUN and PSMD, 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

	FJUN	PSMD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	1.12	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.96	0.95	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	1.03	+0.06

Correlation

The correlation between FJUN and PSMD is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FJUN vs. PSMD - Dividend Comparison

Neither FJUN nor PSMD has paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
FJUN FT Cboe Vest U.S. Equity Buffer ETF - June	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSMD Pacer Swan SOS Moderate (December) ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.47%

Drawdowns

FJUN vs. PSMD - Drawdown Comparison

The maximum FJUN drawdown since its inception was -13.26%, which is greater than PSMD's maximum drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for FJUN and PSMD.

Drawdown Indicators

	FJUN	PSMD	Difference
Max Drawdown Largest peak-to-trough decline	-13.26%	-11.96%	-1.30%
Max Drawdown (1Y) Largest decline over 1 year	-8.40%	-7.51%	-0.89%
Max Drawdown (5Y) Largest decline over 5 years	-13.26%	-11.96%	-1.30%
Current Drawdown Current decline from peak	-2.33%	-2.89%	+0.56%
Average Drawdown Average peak-to-trough decline	-1.72%	-1.71%	-0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.43%	1.32%	+0.11%

Volatility

FJUN vs. PSMD - Volatility Comparison

FT Cboe Vest U.S. Equity Buffer ETF - June (FJUN) has a higher volatility of 3.31% compared to Pacer Swan SOS Moderate (December) ETF (PSMD) at 3.10%. This indicates that FJUN's price experiences larger fluctuations and is considered to be riskier than PSMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FJUN	PSMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.31%	3.10%	+0.21%
Volatility (6M) Calculated over the trailing 6-month period	4.67%	4.39%	+0.28%
Volatility (1Y) Calculated over the trailing 1-year period	11.43%	10.09%	+1.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.53%	8.60%	+1.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.39%	8.56%	+1.83%