PSFF vs. AIOO

Last updated Jun 4, 2026

PSFF (Pacer Swan SOS Fund of Funds ETF) and AIOO (AllianzIM U.S. Equity Buffer100 Protection ETF) are both Defined Outcome funds. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. PSFF charges 0.75%/yr vs 0.64%/yr for AIOO.

Performance

PSFF vs. AIOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Fund of Funds ETF (PSFF) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSFF achieves a 5.72% return, which is significantly higher than AIOO's 2.34% return.

PSFF

• 1D: -0.18%
• 1M: 1.85%
• YTD: 5.72%
• 6M: 6.41%
• 1Y: 14.89%
• 3Y*: 13.03%
• 5Y*: 9.43%
• 10Y*: —

AIOO

• 1D: -0.13%
• 1M: 1.13%
• YTD: 2.34%
• 6M: 2.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSFF vs. AIOO - Yearly Performance Comparison

	2026 (YTD)	2025
PSFF Pacer Swan SOS Fund of Funds ETF	5.72%	6.03%
AIOO AllianzIM U.S. Equity Buffer100 Protection ETF	2.34%	2.67%

Correlation

The correlation between PSFF and AIOO is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 2, 2025	0.61

Return for Risk

PSFF vs. AIOO — Risk / Return Rank

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

PSFF

PSFF Risk / Return Rank: 82
PSFF Sharpe Ratio Rank: 76
PSFF Sortino Ratio Rank: 85
PSFF Omega Ratio Rank: 78
PSFF Calmar Ratio Rank: 80
PSFF Martin Ratio Rank: 89

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.

PSFF vs. AIOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Fund of Funds ETF (PSFF) and AllianzIM U.S. Equity Buffer100 Protection ETF (AIOO). 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.

	PSFF	AIOO	Difference
Sharpe ratio: Return per unit of total volatility	2.49	—	—
Sortino ratio: Return per unit of downside risk	3.82	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	4.08	—	—
Martin ratio: Return relative to average drawdown	20.44	—	—
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

	PSFF	AIOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	2.79	-1.68

Drawdowns

PSFF vs. AIOO - Drawdown Comparison

The maximum PSFF drawdown since its inception was -10.78%, which is greater than AIOO's maximum drawdown of -0.74%. Use the drawdown chart below to compare losses from any high point for PSFF and AIOO.

Drawdown Indicators

	PSFF	AIOO	Difference
Max Drawdown Largest peak-to-trough decline	-10.78%	-0.74%	-10.04%
Max Drawdown (1Y) Largest decline over 1 year	-3.67%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-10.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-10.78%	—	—
Current Drawdown Current decline from peak	-0.18%	-0.13%	-0.05%
Average Drawdown Average peak-to-trough decline	-1.60%	-0.17%	-1.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.73%	—	—

Volatility

Volatility by Period

	PSFF	AIOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.54%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.08%	1.99%	+4.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.22%	1.99%	+7.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.10%	1.99%	+7.11%

PSFF vs. AIOO - Expense Ratio Comparison

PSFF has a 0.75% expense ratio, which is higher than AIOO's 0.64% expense ratio.

Dividends

PSFF vs. AIOO - Dividend Comparison

Neither PSFF nor AIOO has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PSFF and AIOO in my portfolio?

PSFF and AIOO have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PSFF or AIOO?

On fees, AIOO is cheaper at 0.64% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSFF or AIOO?

AIOO is cheaper with a 0.64% expense ratio, compared with 0.75% for PSFF.

Which ETF pays a higher dividend yield, PSFF or AIOO?

PSFF and AIOO have nearly identical dividend yields, around 0.00%.

What is the main difference between PSFF and AIOO?

They also come from different issuers: Pacer and Allianz. Their fees differ too: 0.75% for PSFF and 0.64% for AIOO.