PSCX vs. XMAG

Last updated Apr 1, 2026

Compare and contrast key facts about Pacer Swan SOS Conservative (December) ETF (PSCX) and Defiance Large Cap ex-Mag 7 ETF (XMAG).

PSCX and XMAG 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. XMAG is a passively managed fund by Defiance that tracks the performance of the BITA US 500 ex Magnificent 7 Index. It was launched on Oct 21, 2024.

Performance

PSCX vs. XMAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Conservative (December) ETF (PSCX) and Defiance Large Cap ex-Mag 7 ETF (XMAG). The values are adjusted to include any dividend payments, if applicable.

PSCX vs. XMAG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PSCX Pacer Swan SOS Conservative (December) ETF	-1.88%	12.08%	1.34%
XMAG Defiance Large Cap ex-Mag 7 ETF	-1.56%	15.63%	-1.67%

Returns By Period

In the year-to-date period, PSCX achieves a -1.88% return, which is significantly lower than XMAG's -1.56% return.

PSCX

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

XMAG

• 1D: 2.57%
• 1M: -4.91%
• YTD: -1.56%
• 6M: 0.82%
• 1Y: 13.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSCX vs. XMAG - Expense Ratio Comparison

PSCX has a 0.75% expense ratio, which is higher than XMAG's 0.35% expense ratio.

PSCX

Pacer Swan SOS Conservative (December) ETF

XMAG

Defiance Large Cap ex-Mag 7 ETF

Return for Risk

PSCX vs. XMAG — 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

XMAG

XMAG Risk / Return Rank: 54
XMAG Sharpe Ratio Rank: 48
XMAG Sortino Ratio Rank: 49
XMAG Omega Ratio Rank: 51
XMAG Calmar Ratio Rank: 55
XMAG Martin Ratio Rank: 67

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. XMAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Conservative (December) ETF (PSCX) and Defiance Large Cap ex-Mag 7 ETF (XMAG). 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	XMAG	Difference
Sharpe ratio Return per unit of total volatility	1.37	0.82	+0.55
Sortino ratio Return per unit of downside risk	2.05	1.25	+0.79
Omega ratio Gain probability vs. loss probability	1.32	1.18	+0.14
Calmar ratio Return relative to maximum drawdown	1.99	1.29	+0.70
Martin ratio Return relative to average drawdown	10.21	6.26	+3.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSCX vs. XMAG - Sharpe Ratio Comparison

The current PSCX Sharpe Ratio is 1.37, which is higher than the XMAG Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of PSCX and XMAG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PSCX	XMAG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	0.82	+0.55
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	0.53	+0.57

Correlation

The correlation between PSCX and XMAG is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PSCX vs. XMAG - Dividend Comparison

PSCX has not paid dividends to shareholders, while XMAG's dividend yield for the trailing twelve months is around 0.52%.

	TTM	2025	2024
PSCX Pacer Swan SOS Conservative (December) ETF	0.00%	0.00%	0.00%
XMAG Defiance Large Cap ex-Mag 7 ETF	0.52%	0.51%	0.24%

Drawdowns

PSCX vs. XMAG - Drawdown Comparison

The maximum PSCX drawdown since its inception was -10.20%, smaller than the maximum XMAG drawdown of -16.17%. Use the drawdown chart below to compare losses from any high point for PSCX and XMAG.

Drawdown Indicators

	PSCX	XMAG	Difference
Max Drawdown Largest peak-to-trough decline	-10.20%	-16.17%	+5.97%
Max Drawdown (1Y) Largest decline over 1 year	-6.15%	-11.21%	+5.06%
Max Drawdown (5Y) Largest decline over 5 years	-10.20%	—	—
Current Drawdown Current decline from peak	-2.84%	-4.91%	+2.07%
Average Drawdown Average peak-to-trough decline	-1.92%	-2.30%	+0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.20%	2.31%	-1.11%

Volatility

PSCX vs. XMAG - Volatility Comparison

The current volatility for Pacer Swan SOS Conservative (December) ETF (PSCX) is 2.81%, while Defiance Large Cap ex-Mag 7 ETF (XMAG) has a volatility of 4.64%. This indicates that PSCX experiences smaller price fluctuations and is considered to be less risky than XMAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCX	XMAG	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.81%	4.64%	-1.83%
Volatility (6M) Calculated over the trailing 6-month period	4.31%	8.70%	-4.39%
Volatility (1Y) Calculated over the trailing 1-year period	8.83%	16.35%	-7.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.06%	15.48%	-8.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.02%	15.48%	-8.46%