GUSE vs. PSMD

Last updated Jun 4, 2026

GUSE (Goldman Sachs Enhanced U.S. Equity ETF) and PSMD (Pacer Swan SOS Moderate (December) ETF) are both Large Cap Blend Equities funds. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. GUSE charges 0.30%/yr vs 0.75%/yr for PSMD.

Performance

GUSE vs. PSMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Enhanced U.S. Equity ETF (GUSE) and Pacer Swan SOS Moderate (December) ETF (PSMD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GUSE achieves a 11.62% return, which is significantly higher than PSMD's 5.54% return.

GUSE

• 1D: -0.72%
• 1M: 5.49%
• YTD: 11.62%
• 6M: 11.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PSMD

• 1D: -0.11%
• 1M: 2.03%
• YTD: 5.54%
• 6M: 6.22%
• 1Y: 15.08%
• 3Y*: 12.73%
• 5Y*: 9.26%
• 10Y*: —

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

GUSE vs. PSMD - Yearly Performance Comparison

	2026 (YTD)	2025
GUSE Goldman Sachs Enhanced U.S. Equity ETF	11.62%	2.91%
PSMD Pacer Swan SOS Moderate (December) ETF	5.54%	2.04%

Correlation

The correlation between GUSE and PSMD is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.90

Return for Risk

GUSE vs. PSMD — Risk / Return Rank

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

PSMD

PSMD Risk / Return Rank: 83
PSMD Sharpe Ratio Rank: 83
PSMD Sortino Ratio Rank: 88
PSMD Omega Ratio Rank: 89
PSMD Calmar Ratio Rank: 69
PSMD Martin Ratio Rank: 86

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.

GUSE vs. PSMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Enhanced U.S. Equity ETF (GUSE) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GUSE	PSMD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.70	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.16	1.17	+0.98

Drawdowns

GUSE vs. PSMD - Drawdown Comparison

The maximum GUSE drawdown since its inception was -8.54%, smaller than the maximum PSMD drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for GUSE and PSMD.

Drawdown Indicators

	GUSE	PSMD	Difference
Max Drawdown Largest peak-to-trough decline	-8.54%	-11.96%	+3.42%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.42%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.70%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-11.96%	—
Current Drawdown Current decline from peak	-0.72%	-0.12%	-0.60%
Average Drawdown Average peak-to-trough decline	-1.34%	-1.66%	+0.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.83%	—

Volatility

Volatility by Period

	GUSE	PSMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.42%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.73%	5.62%	+8.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.73%	8.60%	+5.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.73%	8.47%	+5.26%

GUSE vs. PSMD - Expense Ratio Comparison

GUSE has a 0.30% expense ratio, which is lower than PSMD's 0.75% expense ratio.

Dividends

GUSE vs. PSMD - Dividend Comparison

GUSE's dividend yield for the trailing twelve months is around 0.65%, while PSMD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
GUSE Goldman Sachs Enhanced U.S. Equity ETF	0.65%	0.73%	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%

Frequently Asked Questions

Can I hold both GUSE and PSMD in my portfolio?

With a correlation of 0.90, GUSE and PSMD move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, GUSE or PSMD?

On fees, GUSE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GUSE or PSMD?

GUSE is cheaper with a 0.30% expense ratio, compared with 0.75% for PSMD.

Which ETF pays a higher dividend yield, GUSE or PSMD?

GUSE has the higher dividend yield at 0.65%, compared with 0.00% for PSMD.

What is the main difference between GUSE and PSMD?

They also come from different issuers: Goldman Sachs and Pacer. Their fees differ too: 0.30% for GUSE and 0.75% for PSMD.