PSMD vs. WMT

Last updated Jun 23, 2026

PSMD (Pacer Swan SOS Moderate (December) ETF) is Large Cap Blend Equities fund actively managed by Pacer, while WMT (Walmart Inc.) is a stock. Over the past 5 years, PSMD returned 9.14%/yr vs 22.48%/yr for WMT. At a 0.30 correlation, their price movements are largely independent.

Performance

PSMD vs. WMT - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with PSMD having a 5.45% return and WMT slightly higher at 5.60%.

PSMD

• 1D: -0.02%
• 1M: 0.42%
• YTD: 5.45%
• 6M: 5.58%
• 1Y: 14.96%
• 3Y*: 12.35%
• 5Y*: 9.14%
• 10Y*: —

WMT

• 1D: 0.00%
• 1M: -2.57%
• YTD: 5.60%
• 6M: 4.48%
• 1Y: 22.93%
• 3Y*: 32.69%
• 5Y*: 22.48%
• 10Y*: 19.22%

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

PSMD vs. WMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PSMD Pacer Swan SOS Moderate (December) ETF	5.45%	11.45%	12.78%	17.46%	-4.47%	11.23%	0.55%
WMT Walmart Inc.	5.60%	24.49%	73.99%	12.88%	-0.46%	1.97%	-0.03%

Correlation

The correlation between PSMD and WMT is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (All Time) Calculated using the full available price history since Dec 23, 2020	0.30

Over the past year, the correlation between PSMD and WMT has dropped to 0.04 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.

Return for Risk

PSMD vs. WMT — Risk / Return Rank

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

PSMD

PSMD Risk / Return Rank: 84
PSMD Sharpe Ratio Rank: 85
PSMD Sortino Ratio Rank: 89
PSMD Omega Ratio Rank: 90
PSMD Calmar Ratio Rank: 70
PSMD Martin Ratio Rank: 87

WMT

WMT Risk / Return Rank: 69
WMT Sharpe Ratio Rank: 72
WMT Sortino Ratio Rank: 66
WMT Omega Ratio Rank: 66
WMT Calmar Ratio Rank: 69
WMT Martin Ratio Rank: 74

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. WMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Moderate (December) ETF (PSMD) and Walmart Inc. (WMT). 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	WMT	Difference
Sharpe ratio: Return per unit of total volatility	2.62	0.97	+1.65
Sortino ratio: Return per unit of downside risk	3.89	1.48	+2.41
Omega ratio: Gain probability vs. loss probability	1.55	1.19	+0.35
Calmar ratio: Return relative to maximum drawdown	3.40	1.46	+1.94
Martin ratio: Return relative to average drawdown	17.75	4.42	+13.33

PSMD vs. WMT - Sharpe Ratio Comparison

The current PSMD Sharpe Ratio is 2.62, which is higher than the WMT Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of PSMD and WMT, 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. WMT - Drawdown Comparison

The maximum PSMD drawdown since its inception was -11.96%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for PSMD and WMT.

Drawdown Indicators

	PSMD	WMT	Difference
Max Drawdown Largest peak-to-trough decline	-11.96%	-77.14%	+65.18%
Max Drawdown (1Y) Largest decline over 1 year	-4.42%	-15.75%	+11.33%
Max Drawdown (3Y) Largest decline over 3 years	-10.70%	-21.93%	+11.23%
Max Drawdown (5Y) Largest decline over 5 years	-11.96%	-25.74%	+13.78%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.74%	—
Current Drawdown Current decline from peak	-0.21%	-12.68%	+12.47%
Average Drawdown Average peak-to-trough decline	-1.65%	-14.63%	+12.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.84%	5.20%	-4.36%

Volatility

PSMD vs. WMT - Volatility Comparison

The current volatility for Pacer Swan SOS Moderate (December) ETF (PSMD) is 1.86%, while Walmart Inc. (WMT) has a volatility of 9.54%. This indicates that PSMD experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSMD	WMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.86%	9.54%	-7.68%
Volatility (6M) Calculated over the trailing 6-month period	4.75%	18.48%	-13.73%
Volatility (1Y) Calculated over the trailing 1-year period	5.73%	23.80%	-18.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.63%	21.69%	-13.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.47%	21.75%	-13.28%

Dividends

PSMD vs. WMT - Dividend Comparison

PSMD has not paid dividends to shareholders, while WMT's dividend yield for the trailing twelve months is around 0.82%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSMD Pacer Swan SOS Moderate (December) ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WMT Walmart Inc.	0.82%	0.84%	0.92%	1.45%	1.58%	1.52%	1.50%	1.78%	2.23%	2.07%	2.89%	3.20%

Frequently Asked Questions

Can I hold both PSMD and WMT in my portfolio?

PSMD and WMT have a correlation of 0.04, 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 WMT?

WMT has higher volatility (9.54%) compared to PSMD (1.86%). In terms of maximum drawdown, PSMD dropped -11.96% vs WMT's -77.14%.

Which has better risk-adjusted returns?

PSMD currently has the higher Sharpe Ratio (2.62 vs 0.97), 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.