PSCJ vs. PMMY

Last updated Jun 25, 2026

PSCJ (Pacer Swan SOS Conservative (July) ETF) and PMMY (PGIM S&P 500 Max Buffer ETF - May) are both Defined Outcome funds. PSCJ is passively managed, while PMMY is actively managed. Over the past year, PSCJ returned 13.51% vs 5.06% for PMMY. A 0.73 correlation means they provide meaningful diversification when combined. PSCJ charges 0.61%/yr vs 0.50%/yr for PMMY.

Performance

PSCJ vs. PMMY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Conservative (July) ETF (PSCJ) and PGIM S&P 500 Max Buffer ETF - May (PMMY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCJ achieves a 5.10% return, which is significantly higher than PMMY's 1.87% return.

PSCJ

• 1D: 0.02%
• 1M: 0.60%
• YTD: 5.10%
• 6M: 4.86%
• 1Y: 13.51%
• 3Y*: 13.13%
• 5Y*: —
• 10Y*: —

PMMY

• 1D: -0.02%
• 1M: -0.10%
• YTD: 1.87%
• 6M: 1.92%
• 1Y: 5.06%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSCJ vs. PMMY - Yearly Performance Comparison

	2026 (YTD)	2025
PSCJ Pacer Swan SOS Conservative (July) ETF	5.10%	16.80%
PMMY PGIM S&P 500 Max Buffer ETF - May	1.87%	4.44%

Correlation

The correlation between PSCJ and PMMY is 0.75, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.75
Correlation (All Time) Calculated using the full available price history since May 1, 2025	0.73

The correlation between PSCJ and PMMY has been stable across timeframes, ranging from 0.73 to 0.75 - a consistent structural relationship.

Return for Risk

PSCJ vs. PMMY — Risk / Return Rank

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

PSCJ

PSCJ Risk / Return Rank: 88
PSCJ Sharpe Ratio Rank: 90
PSCJ Sortino Ratio Rank: 93
PSCJ Omega Ratio Rank: 94
PSCJ Calmar Ratio Rank: 73
PSCJ Martin Ratio Rank: 90

PMMY

PMMY Risk / Return Rank: 97
PMMY Sharpe Ratio Rank: 97
PMMY Sortino Ratio Rank: 97
PMMY Omega Ratio Rank: 98
PMMY Calmar Ratio Rank: 96
PMMY Martin Ratio Rank: 98

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. PMMY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Conservative (July) ETF (PSCJ) and PGIM S&P 500 Max Buffer ETF - May (PMMY). 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	PMMY	Difference
Sharpe ratio: Return per unit of total volatility	2.64	3.96	-1.31
Sortino ratio: Return per unit of downside risk	4.05	6.04	-1.99
Omega ratio: Gain probability vs. loss probability	1.59	1.99	-0.41
Calmar ratio: Return relative to maximum drawdown	3.26	8.50	-5.24
Martin ratio: Return relative to average drawdown	18.39	52.16	-33.77

PSCJ vs. PMMY - Sharpe Ratio Comparison

The current PSCJ Sharpe Ratio is 2.64, which is lower than the PMMY Sharpe Ratio of 3.96. The chart below compares the historical Sharpe Ratios of PSCJ and PMMY, 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. PMMY - Drawdown Comparison

The maximum PSCJ drawdown since its inception was -11.87%, which is greater than PMMY's maximum drawdown of -0.60%. Use the drawdown chart below to compare losses from any high point for PSCJ and PMMY.

Drawdown Indicators

	PSCJ	PMMY	Difference
Max Drawdown Largest peak-to-trough decline	-11.87%	-0.60%	-11.27%
Max Drawdown (1Y) Largest decline over 1 year	-4.16%	-0.60%	-3.56%
Max Drawdown (3Y) Largest decline over 3 years	-11.87%	—	—
Current Drawdown Current decline from peak	0.00%	-0.37%	+0.37%
Average Drawdown Average peak-to-trough decline	-2.17%	-0.05%	-2.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.74%	0.10%	+0.64%

Volatility

PSCJ vs. PMMY - Volatility Comparison

The current volatility for Pacer Swan SOS Conservative (July) ETF (PSCJ) is 0.48%, while PGIM S&P 500 Max Buffer ETF - May (PMMY) has a volatility of 0.70%. This indicates that PSCJ experiences smaller price fluctuations and is considered to be less risky than PMMY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCJ	PMMY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.48%	0.70%	-0.22%
Volatility (6M) Calculated over the trailing 6-month period	4.00%	1.09%	+2.91%
Volatility (1Y) Calculated over the trailing 1-year period	5.24%	1.29%	+3.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.67%	1.51%	+7.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.67%	1.51%	+7.16%

PSCJ vs. PMMY - Expense Ratio Comparison

PSCJ has a 0.61% expense ratio, which is higher than PMMY's 0.50% expense ratio.

Dividends

PSCJ vs. PMMY - Dividend Comparison

Neither PSCJ nor PMMY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PSCJ and PMMY in my portfolio?

PSCJ and PMMY have a correlation of 0.75, 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 PMMY?

PMMY has higher volatility (0.70%) compared to PSCJ (0.48%). In terms of maximum drawdown, PSCJ dropped -11.87% vs PMMY's -0.60%.

Which ETF is better, PSCJ or PMMY?

On 1-year performance, PSCJ leads with 13.51% vs 5.06% for PMMY. On fees, PMMY is cheaper at 0.50% per year. On volatility, PSCJ has been the lower-risk option at 0.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCJ or PMMY?

Over the 1-year period, PSCJ has performed better with a 13.51% return vs 5.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCJ or PMMY?

PMMY is cheaper with a 0.50% expense ratio, compared with 0.61% for PSCJ.

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

PSCJ and PMMY have nearly identical dividend yields, around 0.00%.

What is the main difference between PSCJ and PMMY?

They also come from different issuers: Pacer and PGIM. Their fees differ too: 0.61% for PSCJ and 0.50% for PMMY.

Which has better risk-adjusted returns?

PMMY currently has the higher Sharpe Ratio (3.96 vs 2.64), 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.