PSCJ vs. IBID

Last updated Jun 23, 2026

PSCJ (Pacer Swan SOS Conservative (July) ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - PSCJ is a Defined Outcome fund tracking the SPDR S&P 500 ETF Trust, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, PSCJ returned 15.84% vs 4.04% for IBID. At a 0.03 correlation, their price movements are largely independent. PSCJ charges 0.61%/yr vs 0.10%/yr for IBID.

Performance

PSCJ vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Conservative (July) ETF (PSCJ) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCJ achieves a 5.07% return, which is significantly higher than IBID's 1.99% return.

PSCJ

• 1D: 0.06%
• 1M: 0.57%
• YTD: 5.07%
• 6M: 5.10%
• 1Y: 15.84%
• 3Y*: 13.12%
• 5Y*: —
• 10Y*: —

IBID

• 1D: 0.00%
• 1M: -0.19%
• YTD: 1.99%
• 6M: 2.08%
• 1Y: 4.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSCJ vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PSCJ Pacer Swan SOS Conservative (July) ETF	5.07%	12.80%	14.74%	4.45%
IBID iShares iBonds Oct 2027 Term TIPS ETF	1.99%	5.66%	4.71%	2.61%

Correlation

The correlation between PSCJ and IBID is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.06
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023	0.03

Return for Risk

PSCJ vs. IBID — Risk / Return Rank

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

PSCJ

PSCJ Risk / Return Rank: 90
PSCJ Sharpe Ratio Rank: 91
PSCJ Sortino Ratio Rank: 94
PSCJ Omega Ratio Rank: 95
PSCJ Calmar Ratio Rank: 77
PSCJ Martin Ratio Rank: 92

IBID

IBID Risk / Return Rank: 95
IBID Sharpe Ratio Rank: 93
IBID Sortino Ratio Rank: 96
IBID Omega Ratio Rank: 96
IBID Calmar Ratio Rank: 96
IBID Martin Ratio Rank: 95

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.

PSCJ vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Conservative (July) ETF (PSCJ) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PSCJ	IBID	Difference
Sharpe ratio: Return per unit of total volatility	2.99	3.29	-0.30
Sortino ratio: Return per unit of downside risk	4.69	5.55	-0.86
Omega ratio: Gain probability vs. loss probability	1.68	1.75	-0.06
Calmar ratio: Return relative to maximum drawdown	3.83	8.22	-4.39
Martin ratio: Return relative to average drawdown	21.57	30.99	-9.42

PSCJ vs. IBID - Sharpe Ratio Comparison

The current PSCJ Sharpe Ratio is 2.99, which is comparable to the IBID Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of PSCJ and IBID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PSCJ vs. IBID - Drawdown Comparison

The maximum PSCJ drawdown since its inception was -11.87%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for PSCJ and IBID.

Drawdown Indicators

	PSCJ	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-11.87%	-1.28%	-10.59%
Max Drawdown (1Y) Largest decline over 1 year	-4.16%	-0.49%	-3.67%
Max Drawdown (3Y) Largest decline over 3 years	-11.87%	—	—
Current Drawdown Current decline from peak	0.00%	-0.49%	+0.49%
Average Drawdown Average peak-to-trough decline	-2.17%	-0.22%	-1.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.74%	0.13%	+0.61%

Volatility

PSCJ vs. IBID - Volatility Comparison

Pacer Swan SOS Conservative (July) ETF (PSCJ) has a higher volatility of 0.49% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that PSCJ's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCJ	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.49%	0.35%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	4.02%	0.86%	+3.16%
Volatility (1Y) Calculated over the trailing 1-year period	5.33%	1.23%	+4.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.68%	2.24%	+6.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.68%	2.24%	+6.44%

PSCJ vs. IBID - Expense Ratio Comparison

PSCJ has a 0.61% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

PSCJ vs. IBID - Dividend Comparison

PSCJ has not paid dividends to shareholders, while IBID's dividend yield for the trailing twelve months is around 3.68%.

Position	TTM	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.68%	4.43%	4.24%	0.81%
PSCJ Pacer Swan SOS Conservative (July) ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PSCJ and IBID in my portfolio?

PSCJ and IBID have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSCJ or IBID?

PSCJ has higher volatility (0.49%) compared to IBID (0.35%). In terms of maximum drawdown, PSCJ dropped -11.87% vs IBID's -1.28%.

Which ETF is better, PSCJ or IBID?

On 1-year performance, PSCJ leads with 15.84% vs 4.04% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCJ or IBID?

Over the 1-year period, PSCJ has performed better with a 15.84% return vs 4.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCJ or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.61% for PSCJ.

Which ETF pays a higher dividend yield, PSCJ or IBID?

IBID has the higher dividend yield at 3.68%, compared with 0.00% for PSCJ.

What is the main difference between PSCJ and IBID?

PSCJ is categorized as Defined Outcome, while IBID is Inflation-Protected Bonds. PSCJ tracks SPDR S&P 500 ETF Trust, while IBID tracks ICE 2027 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.61% for PSCJ and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.29 vs 2.99), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.