PSMD vs. EBI

Last updated Jun 24, 2026

PSMD (Pacer Swan SOS Moderate (December) ETF) and EBI (Longview Advantage ETF) are both Large Cap Blend Equities funds. Both are actively managed. Over the past year, PSMD returned 13.69% vs 30.46% for EBI. Their correlation of 0.85 suggests significant overlap in exposure. PSMD charges 0.75%/yr vs 0.24%/yr for EBI.

Performance

PSMD vs. EBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Moderate (December) ETF (PSMD) and Longview Advantage ETF (EBI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSMD achieves a 4.91% return, which is significantly lower than EBI's 13.70% return.

PSMD

• 1D: -0.51%
• 1M: -0.09%
• YTD: 4.91%
• 6M: 5.01%
• 1Y: 13.69%
• 3Y*: 12.16%
• 5Y*: 8.98%
• 10Y*: —

EBI

• 1D: -0.96%
• 1M: 0.90%
• YTD: 13.70%
• 6M: 12.56%
• 1Y: 30.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSMD vs. EBI - Yearly Performance Comparison

	2026 (YTD)	2025
PSMD Pacer Swan SOS Moderate (December) ETF	4.91%	10.05%
EBI Longview Advantage ETF	13.70%	15.82%

Correlation

The correlation between PSMD and EBI is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (All Time) Calculated using the full available price history since Feb 27, 2025	0.85

The correlation between PSMD and EBI has been stable across timeframes, ranging from 0.81 to 0.85 - a consistent structural relationship.

Return for Risk

PSMD vs. EBI — Risk / Return Rank

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

PSMD

PSMD Risk / Return Rank: 81
PSMD Sharpe Ratio Rank: 81
PSMD Sortino Ratio Rank: 86
PSMD Omega Ratio Rank: 87
PSMD Calmar Ratio Rank: 67
PSMD Martin Ratio Rank: 84

EBI

EBI Risk / Return Rank: 84
EBI Sharpe Ratio Rank: 84
EBI Sortino Ratio Rank: 84
EBI Omega Ratio Rank: 81
EBI Calmar Ratio Rank: 85
EBI Martin Ratio Rank: 88

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.

PSMD vs. EBI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Moderate (December) ETF (PSMD) and Longview Advantage ETF (EBI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PSMD	EBI	Difference
Sharpe ratio: Return per unit of total volatility	2.40	2.46	-0.06
Sortino ratio: Return per unit of downside risk	3.55	3.37	+0.18
Omega ratio: Gain probability vs. loss probability	1.49	1.43	+0.06
Calmar ratio: Return relative to maximum drawdown	3.11	4.32	-1.21
Martin ratio: Return relative to average drawdown	16.22	17.50	-1.28

PSMD vs. EBI - Sharpe Ratio Comparison

The current PSMD Sharpe Ratio is 2.40, which is comparable to the EBI Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of PSMD and EBI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PSMD vs. EBI - Drawdown Comparison

The maximum PSMD drawdown since its inception was -11.96%, smaller than the maximum EBI drawdown of -17.05%. Use the drawdown chart below to compare losses from any high point for PSMD and EBI.

Drawdown Indicators

	PSMD	EBI	Difference
Max Drawdown Largest peak-to-trough decline	-11.96%	-17.05%	+5.09%
Max Drawdown (1Y) Largest decline over 1 year	-4.42%	-7.09%	+2.67%
Max Drawdown (3Y) Largest decline over 3 years	-10.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-11.96%	—	—
Current Drawdown Current decline from peak	-0.73%	-1.43%	+0.70%
Average Drawdown Average peak-to-trough decline	-1.65%	-2.03%	+0.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.85%	1.75%	-0.90%

Volatility

PSMD vs. EBI - Volatility Comparison

The current volatility for Pacer Swan SOS Moderate (December) ETF (PSMD) is 1.93%, while Longview Advantage ETF (EBI) has a volatility of 4.03%. This indicates that PSMD experiences smaller price fluctuations and is considered to be less risky than EBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSMD	EBI	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.93%	4.03%	-2.10%
Volatility (6M) Calculated over the trailing 6-month period	4.78%	9.27%	-4.49%
Volatility (1Y) Calculated over the trailing 1-year period	5.75%	12.49%	-6.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.63%	17.88%	-9.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.47%	17.88%	-9.41%

PSMD vs. EBI - Expense Ratio Comparison

PSMD has a 0.75% expense ratio, which is higher than EBI's 0.24% expense ratio.

Dividends

PSMD vs. EBI - Dividend Comparison

PSMD has not paid dividends to shareholders, while EBI's dividend yield for the trailing twelve months is around 0.92%.

Position	TTM	2025	2024	2023	2022	2021
EBI Longview Advantage ETF	0.92%	1.05%	0.00%	0.00%	0.00%	0.00%
PSMD Pacer Swan SOS Moderate (December) ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.47%

Frequently Asked Questions

Can I hold both PSMD and EBI in my portfolio?

PSMD and EBI have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSMD or EBI?

EBI has higher volatility (4.03%) compared to PSMD (1.93%). In terms of maximum drawdown, PSMD dropped -11.96% vs EBI's -17.05%.

Which ETF is better, PSMD or EBI?

On 1-year performance, EBI leads with 30.46% vs 13.69% for PSMD. On fees, EBI is cheaper at 0.24% per year. On volatility, PSMD has been the lower-risk option at 1.93%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSMD or EBI?

Over the 1-year period, EBI has performed better with a 30.46% return vs 13.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSMD or EBI?

EBI is cheaper with a 0.24% expense ratio, compared with 0.75% for PSMD.

Which ETF pays a higher dividend yield, PSMD or EBI?

EBI has the higher dividend yield at 0.92%, compared with 0.00% for PSMD.

What is the main difference between PSMD and EBI?

They also come from different issuers: Pacer and Longview. Their fees differ too: 0.75% for PSMD and 0.24% for EBI.

Which has better risk-adjusted returns?

EBI currently has the higher Sharpe Ratio (2.46 vs 2.40), 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.