PSFF vs. FMAR

Last updated Jun 4, 2026

PSFF (Pacer Swan SOS Fund of Funds ETF) and FMAR (FT Vest U.S. Equity Buffer ETF - March) are both Defined Outcome funds. Both are actively managed. Over the past 5 years, PSFF returned 9.43%/yr vs 10.77%/yr for FMAR. Their correlation of 0.86 suggests significant overlap in exposure. PSFF charges 0.75%/yr vs 0.85%/yr for FMAR.

Performance

PSFF vs. FMAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Fund of Funds ETF (PSFF) and FT Vest U.S. Equity Buffer ETF - March (FMAR). 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 lower than FMAR's 10.02% return.

PSFF

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

FMAR

• 1D: -0.21%
• 1M: 1.97%
• YTD: 10.02%
• 6M: 11.01%
• 1Y: 19.13%
• 3Y*: 14.55%
• 5Y*: 10.77%
• 10Y*: —

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

PSFF vs. FMAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PSFF Pacer Swan SOS Fund of Funds ETF	5.72%	10.38%	13.18%	18.39%	-4.11%	8.68%
FMAR FT Vest U.S. Equity Buffer ETF - March	10.02%	9.69%	14.61%	20.39%	-5.51%	11.38%

Correlation

The correlation between PSFF and FMAR is 0.76, 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Mar 23, 2021	0.86

The correlation between PSFF and FMAR has been stable across timeframes, ranging from 0.76 to 0.86 - a consistent structural relationship.

PSFF vs. FMAR - Sectors Allocation Comparison

Sectors	PSFF	FMAR
Technology	36.2%	36.2%
Financial Services	11.9%	11.9%
Communication Services	10.9%	10.9%
Consumer Cyclical	10.1%	10.1%
Healthcare	8.4%	8.4%
Industrials	8.1%	8.1%
Consumer Defensive	4.9%	4.9%
Energy	3.5%	3.5%
Utilities	2.3%	2.3%
Real Estate	1.9%	1.9%
Basic Materials	1.8%	1.8%

Return for Risk

PSFF vs. FMAR — 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

FMAR

FMAR Risk / Return Rank: 96
FMAR Sharpe Ratio Rank: 95
FMAR Sortino Ratio Rank: 97
FMAR Omega Ratio Rank: 97
FMAR Calmar Ratio Rank: 95
FMAR 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.

PSFF vs. FMAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Fund of Funds ETF (PSFF) and FT Vest U.S. Equity Buffer ETF - March (FMAR). 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	FMAR	Difference
Sharpe ratio: Return per unit of total volatility	2.49	3.79	-1.30
Sortino ratio: Return per unit of downside risk	3.82	6.08	-2.26
Omega ratio: Gain probability vs. loss probability	1.47	1.94	-0.47
Calmar ratio: Return relative to maximum drawdown	4.08	8.14	-4.07
Martin ratio: Return relative to average drawdown	20.44	56.00	-35.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSFF vs. FMAR - Sharpe Ratio Comparison

The current PSFF Sharpe Ratio is 2.49, which is lower than the FMAR Sharpe Ratio of 3.79. The chart below compares the historical Sharpe Ratios of PSFF and FMAR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PSFF	FMAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	3.79	-1.30
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.03	1.04	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	1.10	+0.01

Drawdowns

PSFF vs. FMAR - Drawdown Comparison

The maximum PSFF drawdown since its inception was -10.78%, smaller than the maximum FMAR drawdown of -14.36%. Use the drawdown chart below to compare losses from any high point for PSFF and FMAR.

Drawdown Indicators

	PSFF	FMAR	Difference
Max Drawdown Largest peak-to-trough decline	-10.78%	-14.36%	+3.58%
Max Drawdown (1Y) Largest decline over 1 year	-3.67%	-2.36%	-1.31%
Max Drawdown (3Y) Largest decline over 3 years	-10.78%	-12.37%	+1.59%
Max Drawdown (5Y) Largest decline over 5 years	-10.78%	-14.36%	+3.58%
Current Drawdown Current decline from peak	-0.18%	-0.21%	+0.03%
Average Drawdown Average peak-to-trough decline	-1.60%	-2.14%	+0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.73%	0.34%	+0.39%

Volatility

PSFF vs. FMAR - Volatility Comparison

Pacer Swan SOS Fund of Funds ETF (PSFF) and FT Vest U.S. Equity Buffer ETF - March (FMAR) have volatilities of 1.02% and 0.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSFF	FMAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.02%	0.98%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	4.54%	3.95%	+0.59%
Volatility (1Y) Calculated over the trailing 1-year period	6.08%	5.08%	+1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.22%	10.45%	-1.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.10%	10.35%	-1.25%

PSFF vs. FMAR - Expense Ratio Comparison

PSFF has a 0.75% expense ratio, which is lower than FMAR's 0.85% expense ratio.

Dividends

PSFF vs. FMAR - Dividend Comparison

Neither PSFF nor FMAR has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PSFF and FMAR in my portfolio?

PSFF and FMAR have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSFF or FMAR?

PSFF has higher volatility (1.02%) compared to FMAR (0.98%). In terms of maximum drawdown, PSFF dropped -10.78% vs FMAR's -14.36%.

Which ETF is better, PSFF or FMAR?

On 5-year performance, FMAR leads with 10.77% vs 9.43% for PSFF. On fees, PSFF is cheaper at 0.75% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSFF or FMAR?

Over the 5-year period, FMAR has performed better with a 10.77% return vs 9.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSFF or FMAR?

PSFF is cheaper with a 0.75% expense ratio, compared with 0.85% for FMAR.

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

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

What is the main difference between PSFF and FMAR?

They also come from different issuers: Pacer and FT Vest. Their fees differ too: 0.75% for PSFF and 0.85% for FMAR.

Which has better risk-adjusted returns?

FMAR currently has the higher Sharpe Ratio (3.79 vs 2.49), 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.