PSCX vs. FDVV

Last updated Jun 24, 2026

PSCX (Pacer Swan SOS Conservative (December) ETF) and FDVV (Fidelity High Dividend ETF) are both Large Cap Blend Equities funds. PSCX is actively managed, while FDVV is passively managed. Over the past 5 years, PSCX returned 8.22%/yr vs 13.69%/yr for FDVV. A 0.79 correlation means they provide meaningful diversification when combined. PSCX charges 0.75%/yr vs 0.29%/yr for FDVV.

Performance

PSCX vs. FDVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Conservative (December) ETF (PSCX) and Fidelity High Dividend ETF (FDVV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCX achieves a 4.46% return, which is significantly lower than FDVV's 8.39% return.

PSCX

• 1D: -0.49%
• 1M: -0.08%
• YTD: 4.46%
• 6M: 4.60%
• 1Y: 14.18%
• 3Y*: 12.23%
• 5Y*: 8.22%
• 10Y*: —

FDVV

• 1D: 0.08%
• 1M: 0.43%
• YTD: 8.39%
• 6M: 8.10%
• 1Y: 22.16%
• 3Y*: 19.90%
• 5Y*: 13.69%
• 10Y*: —

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

PSCX vs. FDVV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PSCX Pacer Swan SOS Conservative (December) ETF	4.46%	12.08%	13.27%	16.57%	-7.35%	9.03%	0.43%
FDVV Fidelity High Dividend ETF	8.39%	17.08%	21.81%	18.00%	-4.21%	29.24%	1.84%

Correlation

The correlation between PSCX and FDVV is 0.74, 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	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Dec 23, 2020	0.79

The correlation between PSCX and FDVV has been stable across timeframes, ranging from 0.74 to 0.79 - a consistent structural relationship.

PSCX vs. FDVV - Sectors Allocation Comparison

Sectors	PSCX	FDVV
Technology	33.2%	30.5%
Financial Services	12.5%	17.0%
Communication Services	10.3%	3.6%
Consumer Cyclical	10.0%	13.6%
Healthcare	9.6%	3.0%
Industrials	8.4%	3.0%
Consumer Defensive	5.4%	10.7%
Energy	4.2%	-
Utilities	2.6%	8.6%
Real Estate	2.0%	9.9%
Basic Materials	1.9%	-

Return for Risk

PSCX vs. FDVV — Risk / Return Rank

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

PSCX

PSCX Risk / Return Rank: 84
PSCX Sharpe Ratio Rank: 85
PSCX Sortino Ratio Rank: 89
PSCX Omega Ratio Rank: 88
PSCX Calmar Ratio Rank: 72
PSCX Martin Ratio Rank: 86

FDVV

FDVV Risk / Return Rank: 64
FDVV Sharpe Ratio Rank: 71
FDVV Sortino Ratio Rank: 71
FDVV Omega Ratio Rank: 71
FDVV Calmar Ratio Rank: 50
FDVV Martin Ratio Rank: 58

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.

PSCX vs. FDVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Conservative (December) ETF (PSCX) and Fidelity High Dividend ETF (FDVV). 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.

	PSCX	FDVV	Difference
Sharpe ratio: Return per unit of total volatility	2.53	2.19	+0.34
Sortino ratio: Return per unit of downside risk	3.75	3.06	+0.68
Omega ratio: Gain probability vs. loss probability	1.51	1.40	+0.11
Calmar ratio: Return relative to maximum drawdown	3.39	2.39	+0.99
Martin ratio: Return relative to average drawdown	17.03	9.89	+7.13

PSCX vs. FDVV - Sharpe Ratio Comparison

The current PSCX Sharpe Ratio is 2.53, which is comparable to the FDVV Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of PSCX and FDVV, 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

PSCX vs. FDVV - Drawdown Comparison

The maximum PSCX drawdown since its inception was -10.20%, smaller than the maximum FDVV drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for PSCX and FDVV.

Drawdown Indicators

	PSCX	FDVV	Difference
Max Drawdown Largest peak-to-trough decline	-10.20%	-40.25%	+30.05%
Max Drawdown (1Y) Largest decline over 1 year	-4.20%	-9.30%	+5.10%
Max Drawdown (3Y) Largest decline over 3 years	-9.61%	-15.90%	+6.29%
Max Drawdown (5Y) Largest decline over 5 years	-10.20%	-20.18%	+9.98%
Current Drawdown Current decline from peak	-0.75%	-1.31%	+0.56%
Average Drawdown Average peak-to-trough decline	-1.85%	-3.79%	+1.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	2.24%	-1.41%

Volatility

PSCX vs. FDVV - Volatility Comparison

The current volatility for Pacer Swan SOS Conservative (December) ETF (PSCX) is 1.79%, while Fidelity High Dividend ETF (FDVV) has a volatility of 3.09%. This indicates that PSCX experiences smaller price fluctuations and is considered to be less risky than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCX	FDVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.79%	3.09%	-1.30%
Volatility (6M) Calculated over the trailing 6-month period	4.52%	8.26%	-3.74%
Volatility (1Y) Calculated over the trailing 1-year period	5.65%	10.15%	-4.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.11%	14.73%	-7.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.97%	16.97%	-10.00%

PSCX vs. FDVV - Expense Ratio Comparison

PSCX has a 0.75% expense ratio, which is higher than FDVV's 0.29% expense ratio.

Dividends

PSCX vs. FDVV - Dividend Comparison

PSCX has not paid dividends to shareholders, while FDVV's dividend yield for the trailing twelve months is around 2.86%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FDVV Fidelity High Dividend ETF	2.86%	2.89%	2.94%	3.77%	3.44%	2.70%	3.19%	3.93%	4.05%	3.66%	1.04%
PSCX Pacer Swan SOS Conservative (December) ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PSCX and FDVV in my portfolio?

PSCX and FDVV have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSCX or FDVV?

FDVV has higher volatility (3.09%) compared to PSCX (1.79%). In terms of maximum drawdown, PSCX dropped -10.20% vs FDVV's -40.25%.

Which ETF is better, PSCX or FDVV?

On 5-year performance, FDVV leads with 13.69% vs 8.22% for PSCX. On fees, FDVV is cheaper at 0.29% per year. On volatility, PSCX has been the lower-risk option at 1.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSCX or FDVV?

Over the 5-year period, FDVV has performed better with a 13.69% return vs 8.22%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSCX or FDVV?

FDVV is cheaper with a 0.29% expense ratio, compared with 0.75% for PSCX.

Which ETF pays a higher dividend yield, PSCX or FDVV?

FDVV has the higher dividend yield at 2.86%, compared with 0.00% for PSCX.

What is the main difference between PSCX and FDVV?

They also come from different issuers: Pacer and Fidelity. Their fees differ too: 0.75% for PSCX and 0.29% for FDVV.

Which has better risk-adjusted returns?

PSCX currently has the higher Sharpe Ratio (2.53 vs 2.19), 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.