PSMJ vs. XLG
PSMJ (Pacer Swan SOS Moderate (July) ETF) and XLG (Invesco S&P 500 Top 50 ETF) are both exchange-traded funds - PSMJ is a Defined Outcome fund actively managed by Pacer, while XLG is a S&P 500 fund tracking the S&P 500 Top 50 Index. PSMJ is actively managed, while XLG is passively managed. Over the past 5 years, PSMJ returned 10.43%/yr vs 13.72%/yr for XLG. Their correlation of 0.86 means they have usually moved in the same direction. PSMJ charges 0.61%/yr vs 0.20%/yr for XLG.
Performance
PSMJ vs. XLG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PSMJ achieves a 5.38% return, which is significantly higher than XLG's 2.89% return.
PSMJ
- 1D
- 0.46%
- 1M
- 0.57%
- 6M
- 4.71%
- YTD
- 5.38%
- 1Y
- 11.28%
- 3Y*
- 12.24%
- 5Y*
- 10.43%
- 10Y*
- —
- ALL TIME*
- 10.36%
XLG
- 1D
- 1.06%
- 1M
- 0.07%
- 6M
- 3.36%
- YTD
- 2.89%
- 1Y
- 15.84%
- 3Y*
- 20.00%
- 5Y*
- 13.72%
- 10Y*
- 16.35%
- ALL TIME*
- 11.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $92.87K | $149.34K | $181.70K | |
| $61.04M | $60.71M | $102.52M |
PSMJ vs. XLG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PSMJ Pacer Swan SOS Moderate (July) ETF | 5.38% | 13.29% | 14.06% | 19.80% | -2.41% | 3.66% |
XLG Invesco S&P 500 Top 50 ETF | 2.89% | 19.51% | 33.49% | 38.16% | -24.29% | 13.96% |
Correlation
The correlation between PSMJ and XLG is 0.84, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.84 |
Correlation (3Y) Balances recent behavior with more history. | 0.84 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 2021 | 0.86 |
The correlation between PSMJ and XLG has been stable across timeframes, ranging from 0.84 to 0.86 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PSMJ vs. XLG — Risk / Return Rank
PSMJ
XLG
PSMJ vs. XLG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Moderate (July) ETF (PSMJ) and Invesco S&P 500 Top 50 ETF (XLG). 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.
| PSMJ | XLG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.05 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.17 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 2.88 | 1.10 | +1.78 |
| Martin ratioReturn relative to average drawdown | 15.60 | 3.41 | +12.19 |
Loading charts...
Drawdowns
PSMJ vs. XLG - Drawdown Comparison
The maximum PSMJ drawdown since its inception was -10.87%, smaller than the maximum XLG drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for PSMJ and XLG.
Loading charts...
Drawdown Indicators
| PSMJ | XLG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.87% | -52.39% | +41.52% |
Max Drawdown (1Y)Largest decline over 1 year | -3.70% | -12.41% | +8.71% |
Max Drawdown (3Y)Largest decline over 3 years | -10.87% | -20.70% | +9.83% |
Max Drawdown (5Y)Largest decline over 5 years | -10.87% | -28.02% | +17.15% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.46% | — |
Current DrawdownCurrent decline from peak | -0.19% | -5.74% | +5.55% |
Average DrawdownAverage peak-to-trough decline | -1.34% | -7.62% | +6.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.68% | 3.98% | -3.30% |
Volatility
PSMJ vs. XLG - Volatility Comparison
The current volatility for Pacer Swan SOS Moderate (July) ETF (PSMJ) is 1.97%, while Invesco S&P 500 Top 50 ETF (XLG) has a volatility of 5.03%. This indicates that PSMJ experiences smaller price fluctuations and is considered to be less risky than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PSMJ | XLG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.97% | 5.03% | -3.06% |
Volatility (6M)Calculated over the trailing 6-month period | 4.33% | 11.54% | -7.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.38% | 14.75% | -9.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.91% | 18.89% | -9.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.87% | 18.92% | -10.05% |
PSMJ vs. XLG - Expense Ratio Comparison
PSMJ has a 0.61% expense ratio, which is higher than XLG's 0.20% expense ratio.
Dividends
PSMJ vs. XLG - Dividend Comparison
PSMJ has not paid dividends to shareholders, while XLG's dividend yield for the trailing twelve months is around 0.65%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSMJ Pacer Swan SOS Moderate (July) ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XLG Invesco S&P 500 Top 50 ETF | 0.65% | 0.64% | 0.72% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% |
Frequently Asked Questions
PSMJ and XLG have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XLG has higher volatility (5.03%) compared to PSMJ (1.97%). In terms of maximum drawdown, PSMJ dropped -10.87% vs XLG's -52.39%.
On 5-year performance, XLG leads with 13.72% vs 10.43% for PSMJ. On fees, XLG is cheaper at 0.20% per year. On volatility, PSMJ has been the lower-risk option at 1.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, XLG has performed better with a 13.72% return vs 10.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XLG is cheaper with a 0.20% expense ratio, compared with 0.61% for PSMJ.
XLG has the higher dividend yield at 0.65%, compared with 0.00% for PSMJ.
PSMJ is categorized as Defined Outcome, while XLG is S&P 500. They also come from different issuers: Pacer and Invesco. Their fees differ too: 0.61% for PSMJ and 0.20% for XLG.
PSMJ currently has the higher Sharpe Ratio (1.98 vs 0.92), 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.
Find the right allocation for PSMJ and XLG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer