PSFO vs. SPYI
Compare and contrast key facts about Pacer Swan SOS Flex (October) ETF (PSFO) and NEOS S&P 500 High Income ETF (SPYI).
PSFO and SPYI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSFO is an actively managed fund by Pacer. It was launched on Sep 30, 2021. SPYI is an actively managed fund by Neos Investments. It was launched on Aug 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSFO or SPYI.
Correlation
The correlation between PSFO and SPYI is 0.85, 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.
Performance
PSFO vs. SPYI - Performance Comparison
Key characteristics
PSFO:
2.09
SPYI:
1.88
PSFO:
3.01
SPYI:
2.49
PSFO:
1.46
SPYI:
1.38
PSFO:
4.91
SPYI:
2.82
PSFO:
20.39
SPYI:
12.93
PSFO:
0.55%
SPYI:
1.44%
PSFO:
5.41%
SPYI:
9.95%
PSFO:
-11.67%
SPYI:
-10.19%
PSFO:
-0.13%
SPYI:
-0.21%
Returns By Period
In the year-to-date period, PSFO achieves a 2.68% return, which is significantly lower than SPYI's 4.00% return.
PSFO
2.68%
0.80%
5.35%
11.21%
N/A
N/A
SPYI
4.00%
1.64%
9.53%
19.80%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PSFO vs. SPYI - Expense Ratio Comparison
PSFO has a 0.60% expense ratio, which is lower than SPYI's 0.68% expense ratio.
Risk-Adjusted Performance
PSFO vs. SPYI — Risk-Adjusted Performance Rank
PSFO
SPYI
PSFO vs. SPYI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Flex (October) ETF (PSFO) and NEOS S&P 500 High Income ETF (SPYI). 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.
Dividends
PSFO vs. SPYI - Dividend Comparison
PSFO has not paid dividends to shareholders, while SPYI's dividend yield for the trailing twelve months is around 10.79%.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
PSFO Pacer Swan SOS Flex (October) ETF | 0.00% | 0.00% | 0.00% | 0.00% |
SPYI NEOS S&P 500 High Income ETF | 10.79% | 12.04% | 12.01% | 4.10% |
Drawdowns
PSFO vs. SPYI - Drawdown Comparison
The maximum PSFO drawdown since its inception was -11.67%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for PSFO and SPYI. For additional features, visit the drawdowns tool.
Volatility
PSFO vs. SPYI - Volatility Comparison
The current volatility for Pacer Swan SOS Flex (October) ETF (PSFO) is 1.27%, while NEOS S&P 500 High Income ETF (SPYI) has a volatility of 1.99%. This indicates that PSFO experiences smaller price fluctuations and is considered to be less risky than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.