PSMJ vs. SVIX
Compare and contrast key facts about Pacer Swan SOS Moderate (July) ETF (PSMJ) and Volatility Shares -1x Short VIX Futures ETF (SVIX).
PSMJ and SVIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSMJ is an actively managed fund by Pacer Advisors. It was launched on Jun 30, 2021. SVIX is managed by Volatility Shares. It was launched on Mar 28, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSMJ or SVIX.
Key characteristics
| PSMJ | SVIX | |
|---|---|---|
| YTD Return | 14.32% | -24.54% |
| 1Y Return | 20.38% | -6.10% |
| Sharpe Ratio | 3.36 | -0.03 |
| Sortino Ratio | 4.69 | 0.45 |
| Omega Ratio | 1.71 | 1.08 |
| Calmar Ratio | 4.68 | -0.03 |
| Martin Ratio | 26.45 | -0.07 |
| Ulcer Index | 0.82% | 25.85% |
| Daily Std Dev | 6.37% | 70.67% |
| Max Drawdown | -8.40% | -62.55% |
| Current Drawdown | -0.12% | -43.88% |
Correlation
The correlation between PSMJ and SVIX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PSMJ vs. SVIX - Performance Comparison
In the year-to-date period, PSMJ achieves a 14.32% return, which is significantly higher than SVIX's -24.54% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PSMJ vs. SVIX - Expense Ratio Comparison
PSMJ has a 0.75% expense ratio, which is lower than SVIX's 1.47% expense ratio.
Risk-Adjusted Performance
PSMJ vs. SVIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Moderate (July) ETF (PSMJ) and Volatility Shares -1x Short VIX Futures ETF (SVIX). 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
PSMJ vs. SVIX - Dividend Comparison
Neither PSMJ nor SVIX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
PSMJ Pacer Swan SOS Moderate (July) ETF | 0.00% | 0.00% | 0.00% | 0.02% |
SVIX Volatility Shares -1x Short VIX Futures ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PSMJ vs. SVIX - Drawdown Comparison
The maximum PSMJ drawdown since its inception was -8.40%, smaller than the maximum SVIX drawdown of -62.55%. Use the drawdown chart below to compare losses from any high point for PSMJ and SVIX. For additional features, visit the drawdowns tool.
Volatility
PSMJ vs. SVIX - Volatility Comparison
The current volatility for Pacer Swan SOS Moderate (July) ETF (PSMJ) is 2.03%, while Volatility Shares -1x Short VIX Futures ETF (SVIX) has a volatility of 17.68%. This indicates that PSMJ experiences smaller price fluctuations and is considered to be less risky than SVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.