PSMO vs. FLRT
PSMO (Pacer Swan SOS Moderate (October) ETF) and FLRT (Pacer Aristotle Pacific Floating Rate High Income ETF) are both exchange-traded funds - PSMO is a Options Trading fund actively managed by Pacer, while FLRT is a Bank Loan fund actively managed by Pacer. Both are actively managed. Over the past 3 years, PSMO returned 12.18%/yr vs 7.95%/yr for FLRT. Their 0.29 correlation means their historical movements had little consistent relationship. Both charge a 0.60% expense ratio.
Performance
PSMO vs. FLRT - Performance Comparison
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Returns By Period
In the year-to-date period, PSMO achieves a 7.47% return, which is significantly higher than FLRT's 2.60% return.
PSMO
- 1D
- 0.34%
- 1M
- 1.60%
- 6M
- 6.82%
- YTD
- 7.47%
- 1Y
- 12.72%
- 3Y*
- 12.18%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.25%
FLRT
- 1D
- 0.16%
- 1M
- 0.58%
- 6M
- 2.28%
- YTD
- 2.60%
- 1Y
- 5.26%
- 3Y*
- 7.95%
- 5Y*
- 6.12%
- 10Y*
- 4.79%
- ALL TIME*
- 4.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.46M | $4.80M | $4.74M | |
| $36.16K | $28.15K | $26.49K |
PSMO vs. FLRT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PSMO Pacer Swan SOS Moderate (October) ETF | 7.47% | 11.44% | 9.44% | 20.50% | -1.32% | 2.88% |
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF | 2.60% | 6.24% | 9.18% | 14.59% | -2.72% | 0.64% |
Correlation
The correlation between PSMO and FLRT is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2021 | 0.29 |
The correlation between PSMO and FLRT shifts across timeframes, from 0.29 (all time) to 0.43 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PSMO vs. FLRT — Risk / Return Rank
PSMO
FLRT
PSMO vs. FLRT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Moderate (October) ETF (PSMO) and Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT). 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.
| PSMO | FLRT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.78 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 2.97 | -0.12 |
| Martin ratioReturn relative to average drawdown | 14.17 | 10.89 | +3.28 |
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Drawdowns
PSMO vs. FLRT - Drawdown Comparison
The maximum PSMO drawdown since its inception was -9.77%, smaller than the maximum FLRT drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for PSMO and FLRT.
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Drawdown Indicators
| PSMO | FLRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.77% | -20.96% | +11.19% |
Max Drawdown (1Y)Largest decline over 1 year | -4.48% | -1.78% | -2.70% |
Max Drawdown (3Y)Largest decline over 3 years | -9.77% | -2.87% | -6.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -7.60% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.96% | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -1.30% | -1.39% | +0.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 0.48% | +0.42% |
Volatility
PSMO vs. FLRT - Volatility Comparison
Pacer Swan SOS Moderate (October) ETF (PSMO) has a higher volatility of 1.53% compared to Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT) at 0.31%. This indicates that PSMO's price experiences larger fluctuations and is considered to be riskier than FLRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSMO | FLRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.53% | 0.31% | +1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 5.09% | 1.18% | +3.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.33% | 1.49% | +4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.37% | 2.30% | +6.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.37% | 6.09% | +2.28% |
PSMO vs. FLRT - Expense Ratio Comparison
Both PSMO and FLRT have an expense ratio of 0.60%.
Dividends
PSMO vs. FLRT - Dividend Comparison
PSMO has not paid dividends to shareholders, while FLRT's dividend yield for the trailing twelve months is around 6.70%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF | 6.70% | 6.93% | 7.93% | 8.40% | 5.81% | 3.16% | 3.52% | 4.30% | 3.95% | 3.20% | 3.38% | 3.21% |
PSMO Pacer Swan SOS Moderate (October) ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PSMO and FLRT have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSMO has higher volatility (1.53%) compared to FLRT (0.31%). In terms of maximum drawdown, PSMO dropped -9.77% vs FLRT's -20.96%.
On 3-year performance, PSMO leads with 12.18% vs 7.95% for FLRT. Both ETFs have the same 0.60% expense ratio. On volatility, FLRT has been the lower-risk option at 0.31%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, PSMO has performed better with a 12.18% return vs 7.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PSMO and FLRT have the same expense ratio: 0.60% per year.
FLRT has the higher dividend yield at 6.70%, compared with 0.00% for PSMO.
PSMO is categorized as Options Trading, while FLRT is Bank Loan.
FLRT currently has the higher Sharpe Ratio (3.53 vs 2.03), 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.
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