PSMD vs. TRFK

Last updated Jun 24, 2026

PSMD (Pacer Swan SOS Moderate (December) ETF) and TRFK (Pacer Data and Digital Revolution ETF) are both exchange-traded funds - PSMD is a Large Cap Blend Equities fund actively managed by Pacer, while TRFK is a Technology Equities fund tracking the Pacer Data Transmission and Communication Revolution Index - Benchmark TR Net. PSMD is actively managed, while TRFK is passively managed. Over the past 3 years, PSMD returned 12.16%/yr vs 50.88%/yr for TRFK. A 0.76 correlation means they provide meaningful diversification when combined. PSMD charges 0.75%/yr vs 0.60%/yr for TRFK.

Performance

PSMD vs. TRFK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Moderate (December) ETF (PSMD) and Pacer Data and Digital Revolution ETF (TRFK). 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 TRFK's 61.41% return.

PSMD

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

TRFK

• 1D: -6.99%
• 1M: 9.38%
• YTD: 61.41%
• 6M: 59.46%
• 1Y: 85.46%
• 3Y*: 50.88%
• 5Y*: —
• 10Y*: —

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

PSMD vs. TRFK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
PSMD Pacer Swan SOS Moderate (December) ETF	4.91%	11.45%	12.78%	17.46%	2.07%
TRFK Pacer Data and Digital Revolution ETF	61.41%	26.81%	38.30%	66.63%	-10.61%

Correlation

The correlation between PSMD and TRFK is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jun 9, 2022	0.76

The correlation between PSMD and TRFK has been stable across timeframes, ranging from 0.67 to 0.76 - a consistent structural relationship.

PSMD vs. TRFK - Sectors Allocation Comparison

Sectors	PSMD	TRFK
Technology	34.1%	87.5%
Financial Services	12.6%	-
Communication Services	11.2%	0.6%
Consumer Cyclical	10.6%	-
Healthcare	9.4%	-
Industrials	8.0%	12.0%
Consumer Defensive	5.0%	-
Energy	3.2%	-
Utilities	2.3%	-
Real Estate	1.9%	0.0%
Basic Materials	1.8%	-

Return for Risk

PSMD vs. TRFK — 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

TRFK

TRFK Risk / Return Rank: 76
TRFK Sharpe Ratio Rank: 87
TRFK Sortino Ratio Rank: 75
TRFK Omega Ratio Rank: 75
TRFK Calmar Ratio Rank: 85
TRFK Martin Ratio Rank: 60

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. TRFK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Moderate (December) ETF (PSMD) and Pacer Data and Digital Revolution ETF (TRFK). 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	TRFK	Difference
Sharpe ratio: Return per unit of total volatility	2.40	2.69	-0.28
Sortino ratio: Return per unit of downside risk	3.55	3.14	+0.41
Omega ratio: Gain probability vs. loss probability	1.49	1.42	+0.08
Calmar ratio: Return relative to maximum drawdown	3.11	4.39	-1.28
Martin ratio: Return relative to average drawdown	16.22	10.31	+5.91

PSMD vs. TRFK - Sharpe Ratio Comparison

The current PSMD Sharpe Ratio is 2.40, which is comparable to the TRFK Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of PSMD and TRFK, 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. TRFK - Drawdown Comparison

The maximum PSMD drawdown since its inception was -11.96%, smaller than the maximum TRFK drawdown of -29.06%. Use the drawdown chart below to compare losses from any high point for PSMD and TRFK.

Drawdown Indicators

	PSMD	TRFK	Difference
Max Drawdown Largest peak-to-trough decline	-11.96%	-29.06%	+17.10%
Max Drawdown (1Y) Largest decline over 1 year	-4.42%	-19.56%	+15.14%
Max Drawdown (3Y) Largest decline over 3 years	-10.70%	-29.06%	+18.36%
Max Drawdown (5Y) Largest decline over 5 years	-11.96%	—	—
Current Drawdown Current decline from peak	-0.73%	-6.99%	+6.26%
Average Drawdown Average peak-to-trough decline	-1.65%	-6.04%	+4.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.85%	8.32%	-7.47%

Volatility

PSMD vs. TRFK - Volatility Comparison

The current volatility for Pacer Swan SOS Moderate (December) ETF (PSMD) is 1.93%, while Pacer Data and Digital Revolution ETF (TRFK) has a volatility of 18.36%. This indicates that PSMD experiences smaller price fluctuations and is considered to be less risky than TRFK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSMD	TRFK	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.93%	18.36%	-16.43%
Volatility (6M) Calculated over the trailing 6-month period	4.78%	26.50%	-21.72%
Volatility (1Y) Calculated over the trailing 1-year period	5.75%	32.01%	-26.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.63%	29.84%	-21.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.47%	29.84%	-21.37%

PSMD vs. TRFK - Expense Ratio Comparison

PSMD has a 0.75% expense ratio, which is higher than TRFK's 0.60% expense ratio.

Dividends

PSMD vs. TRFK - Dividend Comparison

PSMD has not paid dividends to shareholders, while TRFK's dividend yield for the trailing twelve months is around 0.01%.

Position	TTM	2025	2024	2023	2022	2021
PSMD Pacer Swan SOS Moderate (December) ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.47%
TRFK Pacer Data and Digital Revolution ETF	0.01%	0.01%	0.40%	0.20%	0.56%	0.00%

Frequently Asked Questions

Can I hold both PSMD and TRFK in my portfolio?

PSMD and TRFK have a correlation of 0.67, 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 TRFK?

TRFK has higher volatility (18.36%) compared to PSMD (1.93%). In terms of maximum drawdown, PSMD dropped -11.96% vs TRFK's -29.06%.

Which ETF is better, PSMD or TRFK?

On 3-year performance, TRFK leads with 50.88% vs 12.16% for PSMD. On fees, TRFK is cheaper at 0.60% 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 TRFK?

Over the 3-year period, TRFK has performed better with a 50.88% return vs 12.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSMD or TRFK?

TRFK is cheaper with a 0.60% expense ratio, compared with 0.75% for PSMD.

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

TRFK has the higher dividend yield at 0.01%, compared with 0.00% for PSMD.

What is the main difference between PSMD and TRFK?

PSMD is categorized as Large Cap Blend Equities, while TRFK is Technology Equities. Their fees differ too: 0.75% for PSMD and 0.60% for TRFK.

Which has better risk-adjusted returns?

TRFK currently has the higher Sharpe Ratio (2.69 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.