PSCX vs. SPXM

Last updated Apr 1, 2026

Compare and contrast key facts about Pacer Swan SOS Conservative (December) ETF (PSCX) and Azoria 500 Meritocracy ETF (SPXM).

PSCX and SPXM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSCX is an actively managed fund by Pacer. It was launched on Dec 22, 2020. SPXM is an actively managed fund by Azoria. It was launched on Jul 7, 2025.

Performance

PSCX vs. SPXM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Conservative (December) ETF (PSCX) and Azoria 500 Meritocracy ETF (SPXM). The values are adjusted to include any dividend payments, if applicable.

PSCX vs. SPXM - Yearly Performance Comparison

	2026 (YTD)	2025
PSCX Pacer Swan SOS Conservative (December) ETF	-1.88%	7.35%
SPXM Azoria 500 Meritocracy ETF	0.00%	9.16%

Returns By Period

PSCX

• 1D: 1.43%
• 1M: -2.32%
• YTD: -1.88%
• 6M: 0.91%
• 1Y: 12.02%
• 3Y*: 11.44%
• 5Y*: 7.30%
• 10Y*: —

SPXM

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 2.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSCX vs. SPXM - Expense Ratio Comparison

PSCX has a 0.75% expense ratio, which is higher than SPXM's 0.47% expense ratio.

PSCX

Pacer Swan SOS Conservative (December) ETF

SPXM

Azoria 500 Meritocracy ETF

Return for Risk

PSCX vs. SPXM — Risk / Return Rank

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

PSCX

PSCX Risk / Return Rank: 79
PSCX Sharpe Ratio Rank: 75
PSCX Sortino Ratio Rank: 79
PSCX Omega Ratio Rank: 82
PSCX Calmar Ratio Rank: 75
PSCX Martin Ratio Rank: 85

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. SPXM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Conservative (December) ETF (PSCX) and Azoria 500 Meritocracy ETF (SPXM). 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.

	PSCX	SPXM	Difference
Sharpe ratio Return per unit of total volatility	1.37	—	—
Sortino ratio Return per unit of downside risk	2.05	—	—
Omega ratio Gain probability vs. loss probability	1.32	—	—
Calmar ratio Return relative to maximum drawdown	1.99	—	—
Martin ratio Return relative to average drawdown	10.21	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PSCX	SPXM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.04	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	1.83	-0.72

Correlation

The correlation between PSCX and SPXM is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PSCX vs. SPXM - Dividend Comparison

PSCX has not paid dividends to shareholders, while SPXM's dividend yield for the trailing twelve months is around 0.24%.

	TTM	2025
PSCX Pacer Swan SOS Conservative (December) ETF	0.00%	0.00%
SPXM Azoria 500 Meritocracy ETF	0.24%	0.24%

Drawdowns

PSCX vs. SPXM - Drawdown Comparison

The maximum PSCX drawdown since its inception was -10.20%, which is greater than SPXM's maximum drawdown of -5.08%. Use the drawdown chart below to compare losses from any high point for PSCX and SPXM.

Drawdown Indicators

	PSCX	SPXM	Difference
Max Drawdown Largest peak-to-trough decline	-10.20%	-5.08%	-5.12%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-10.20%	—	—
Current Drawdown Current decline from peak	-2.84%	-0.75%	-2.09%
Average Drawdown Average peak-to-trough decline	-1.92%	-0.80%	-1.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.20%	—	—

Volatility

Volatility by Period

	PSCX	SPXM	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.31%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.83%	9.38%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.06%	9.38%	-2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.02%	9.38%	-2.36%