PSCW vs. ILS

Last updated Jun 24, 2026

PSCW (Pacer Swan SOS Conservative (April) ETF) and ILS (Brookmont Catastrophic Bond ETF) are both exchange-traded funds - PSCW is a Defined Outcome fund actively managed by Pacer, while ILS is a Nontraditional Bonds fund actively managed by Brookmont. Both are actively managed. Over the past year, PSCW returned 13.63% vs 7.81% for ILS. At a correlation of -0.02, they often move in opposite directions. PSCW charges 0.61%/yr vs 1.58%/yr for ILS.

Performance

PSCW vs. ILS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Conservative (April) ETF (PSCW) and Brookmont Catastrophic Bond ETF (ILS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCW achieves a 7.04% return, which is significantly higher than ILS's 2.27% return.

PSCW

• 1D: -0.33%
• 1M: 0.07%
• YTD: 7.04%
• 6M: 6.91%
• 1Y: 13.63%
• 3Y*: 11.23%
• 5Y*: 6.97%
• 10Y*: —

ILS

• 1D: 0.10%
• 1M: 1.26%
• YTD: 2.27%
• 6M: 2.63%
• 1Y: 7.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSCW vs. ILS - Yearly Performance Comparison

	2026 (YTD)	2025
PSCW Pacer Swan SOS Conservative (April) ETF	7.04%	10.16%
ILS Brookmont Catastrophic Bond ETF	2.27%	3.54%

Correlation

The correlation between PSCW and ILS is -0.04, 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	-0.04
Correlation (All Time) Calculated using the full available price history since Apr 1, 2025	-0.02

Return for Risk

PSCW vs. ILS — Risk / Return Rank

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

PSCW

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

ILS

ILS Risk / Return Rank: 96
ILS Sharpe Ratio Rank: 92
ILS Sortino Ratio Rank: 95
ILS Omega Ratio Rank: 95
ILS Calmar Ratio Rank: 98
ILS 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.

PSCW vs. ILS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Conservative (April) ETF (PSCW) and Brookmont Catastrophic Bond ETF (ILS). 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.

	PSCW	ILS	Difference
Sharpe ratio: Return per unit of total volatility	3.71	3.06	+0.66
Sortino ratio: Return per unit of downside risk	6.20	5.05	+1.15
Omega ratio: Gain probability vs. loss probability	1.82	1.69	+0.13
Calmar ratio: Return relative to maximum drawdown	9.15	14.18	-5.03
Martin ratio: Return relative to average drawdown	44.03	52.13	-8.10

PSCW vs. ILS - Sharpe Ratio Comparison

The current PSCW Sharpe Ratio is 3.71, which is comparable to the ILS Sharpe Ratio of 3.06. The chart below compares the historical Sharpe Ratios of PSCW and ILS, 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

PSCW vs. ILS - Drawdown Comparison

The maximum PSCW drawdown since its inception was -11.89%, which is greater than ILS's maximum drawdown of -2.46%. Use the drawdown chart below to compare losses from any high point for PSCW and ILS.

Drawdown Indicators

	PSCW	ILS	Difference
Max Drawdown Largest peak-to-trough decline	-11.89%	-2.46%	-9.43%
Max Drawdown (1Y) Largest decline over 1 year	-1.50%	-0.55%	-0.95%
Max Drawdown (3Y) Largest decline over 3 years	-11.89%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-11.89%	—	—
Current Drawdown Current decline from peak	-0.58%	0.00%	-0.58%
Average Drawdown Average peak-to-trough decline	-2.16%	-0.54%	-1.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.31%	0.15%	+0.16%

Volatility

PSCW vs. ILS - Volatility Comparison

Pacer Swan SOS Conservative (April) ETF (PSCW) has a higher volatility of 1.45% compared to Brookmont Catastrophic Bond ETF (ILS) at 0.84%. This indicates that PSCW's price experiences larger fluctuations and is considered to be riskier than ILS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCW	ILS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.45%	0.84%	+0.61%
Volatility (6M) Calculated over the trailing 6-month period	2.77%	1.68%	+1.09%
Volatility (1Y) Calculated over the trailing 1-year period	3.71%	2.58%	+1.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.66%	3.77%	+3.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.58%	3.77%	+3.81%

PSCW vs. ILS - Expense Ratio Comparison

PSCW has a 0.61% expense ratio, which is lower than ILS's 1.58% expense ratio.

Dividends

PSCW vs. ILS - Dividend Comparison

PSCW has not paid dividends to shareholders, while ILS's dividend yield for the trailing twelve months is around 8.05%.

Position	TTM	2025
ILS Brookmont Catastrophic Bond ETF	8.05%	6.06%
PSCW Pacer Swan SOS Conservative (April) ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both PSCW and ILS in my portfolio?

PSCW and ILS have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSCW or ILS?

PSCW has higher volatility (1.45%) compared to ILS (0.84%). In terms of maximum drawdown, PSCW dropped -11.89% vs ILS's -2.46%.

Which ETF is better, PSCW or ILS?

On 1-year performance, PSCW leads with 13.63% vs 7.81% for ILS. On fees, PSCW is cheaper at 0.61% per year. On volatility, ILS has been the lower-risk option at 0.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCW or ILS?

Over the 1-year period, PSCW has performed better with a 13.63% return vs 7.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCW or ILS?

PSCW is cheaper with a 0.61% expense ratio, compared with 1.58% for ILS.

Which ETF pays a higher dividend yield, PSCW or ILS?

ILS has the higher dividend yield at 8.05%, compared with 0.00% for PSCW.

What is the main difference between PSCW and ILS?

PSCW is categorized as Defined Outcome, while ILS is Nontraditional Bonds. They also come from different issuers: Pacer and Brookmont. Their fees differ too: 0.61% for PSCW and 1.58% for ILS.

Which has better risk-adjusted returns?

PSCW currently has the higher Sharpe Ratio (3.71 vs 3.06), 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.