PSMO vs. IBID

Last updated Jun 24, 2026

PSMO (Pacer Swan SOS Moderate (October) ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - PSMO is a Options Trading fund actively managed by Pacer, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. PSMO is actively managed, while IBID is passively managed. Over the past year, PSMO returned 13.37% vs 3.92% for IBID. At a correlation of -0.02, they often move in opposite directions. PSMO charges 0.60%/yr vs 0.10%/yr for IBID.

Performance

PSMO vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Moderate (October) ETF (PSMO) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSMO achieves a 5.01% return, which is significantly higher than IBID's 1.94% return.

PSMO

• 1D: -0.45%
• 1M: 0.05%
• YTD: 5.01%
• 6M: 4.46%
• 1Y: 13.37%
• 3Y*: 11.84%
• 5Y*: —
• 10Y*: —

IBID

• 1D: -0.05%
• 1M: -0.25%
• YTD: 1.94%
• 6M: 2.03%
• 1Y: 3.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSMO vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PSMO Pacer Swan SOS Moderate (October) ETF	5.01%	11.44%	9.44%	6.12%
IBID iShares iBonds Oct 2027 Term TIPS ETF	1.94%	5.66%	4.71%	2.61%

Correlation

The correlation between PSMO and IBID is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.10
Correlation (All Time) Calculated using the full available price history since Sep 15, 2023	-0.02

Return for Risk

PSMO vs. IBID — Risk / Return Rank

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

PSMO

PSMO Risk / Return Rank: 78
PSMO Sharpe Ratio Rank: 78
PSMO Sortino Ratio Rank: 83
PSMO Omega Ratio Rank: 82
PSMO Calmar Ratio Rank: 66
PSMO Martin Ratio Rank: 82

IBID

IBID Risk / Return Rank: 95
IBID Sharpe Ratio Rank: 94
IBID Sortino Ratio Rank: 96
IBID Omega Ratio Rank: 95
IBID Calmar Ratio Rank: 95
IBID Martin Ratio Rank: 95

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.

PSMO vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Moderate (October) ETF (PSMO) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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	IBID	Difference
Sharpe ratio: Return per unit of total volatility	2.26	3.19	-0.94
Sortino ratio: Return per unit of downside risk	3.33	5.38	-2.05
Omega ratio: Gain probability vs. loss probability	1.45	1.72	-0.27
Calmar ratio: Return relative to maximum drawdown	3.00	7.20	-4.21
Martin ratio: Return relative to average drawdown	15.09	29.14	-14.05

PSMO vs. IBID - Sharpe Ratio Comparison

The current PSMO Sharpe Ratio is 2.26, which is comparable to the IBID Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of PSMO and IBID, 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

PSMO vs. IBID - Drawdown Comparison

The maximum PSMO drawdown since its inception was -9.77%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for PSMO and IBID.

Drawdown Indicators

	PSMO	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-9.77%	-1.28%	-8.49%
Max Drawdown (1Y) Largest decline over 1 year	-4.48%	-0.55%	-3.93%
Max Drawdown (3Y) Largest decline over 3 years	-9.77%	—	—
Current Drawdown Current decline from peak	-0.66%	-0.55%	-0.11%
Average Drawdown Average peak-to-trough decline	-1.32%	-0.22%	-1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.89%	0.13%	+0.76%

Volatility

PSMO vs. IBID - Volatility Comparison

Pacer Swan SOS Moderate (October) ETF (PSMO) has a higher volatility of 1.62% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that PSMO's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSMO	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.62%	0.35%	+1.27%
Volatility (6M) Calculated over the trailing 6-month period	4.70%	0.86%	+3.84%
Volatility (1Y) Calculated over the trailing 1-year period	5.99%	1.23%	+4.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.38%	2.24%	+6.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.38%	2.24%	+6.14%

PSMO vs. IBID - Expense Ratio Comparison

PSMO has a 0.60% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

PSMO vs. IBID - Dividend Comparison

PSMO has not paid dividends to shareholders, while IBID's dividend yield for the trailing twelve months is around 3.68%.

Position	TTM	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.68%	4.43%	4.24%	0.81%
PSMO Pacer Swan SOS Moderate (October) ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PSMO and IBID in my portfolio?

PSMO and IBID have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSMO or IBID?

PSMO has higher volatility (1.62%) compared to IBID (0.35%). In terms of maximum drawdown, PSMO dropped -9.77% vs IBID's -1.28%.

Which ETF is better, PSMO or IBID?

On 1-year performance, PSMO leads with 13.37% vs 3.92% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSMO or IBID?

Over the 1-year period, PSMO has performed better with a 13.37% return vs 3.92%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSMO or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.60% for PSMO.

Which ETF pays a higher dividend yield, PSMO or IBID?

IBID has the higher dividend yield at 3.68%, compared with 0.00% for PSMO.

What is the main difference between PSMO and IBID?

PSMO is categorized as Options Trading, while IBID is Inflation-Protected Bonds. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.60% for PSMO and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.19 vs 2.26), 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.