PSMO vs. IVVM

Last updated Apr 1, 2026

Compare and contrast key facts about Pacer Swan SOS Moderate (October) ETF (PSMO) and iShares Large Cap Moderate Buffer ETF (IVVM).

PSMO and IVVM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PSMO is an actively managed fund by Pacer. It was launched on Sep 30, 2021. IVVM is an actively managed fund by iShares. It was launched on Jun 28, 2023.

Performance

PSMO vs. IVVM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer Swan SOS Moderate (October) ETF (PSMO) and iShares Large Cap Moderate Buffer ETF (IVVM). The values are adjusted to include any dividend payments, if applicable.

PSMO vs. IVVM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PSMO Pacer Swan SOS Moderate (October) ETF	-1.89%	11.44%	9.44%	8.35%
IVVM iShares Large Cap Moderate Buffer ETF	-1.95%	14.24%	16.08%	5.17%

Returns By Period

The year-to-date returns for both stocks are quite close, with PSMO having a -1.89% return and IVVM slightly lower at -1.95%.

PSMO

• 1D: 1.67%
• 1M: -2.41%
• YTD: -1.89%
• 6M: 0.09%
• 1Y: 11.10%
• 3Y*: 10.99%
• 5Y*: —
• 10Y*: —

IVVM

• 1D: 2.22%
• 1M: -2.21%
• YTD: -1.95%
• 6M: 0.42%
• 1Y: 12.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSMO vs. IVVM - Expense Ratio Comparison

PSMO has a 0.60% expense ratio, which is higher than IVVM's 0.50% expense ratio.

PSMO

Pacer Swan SOS Moderate (October) ETF

IVVM

iShares Large Cap Moderate Buffer ETF

Return for Risk

PSMO vs. IVVM — Risk / Return Rank

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

PSMO

PSMO Risk / Return Rank: 70
PSMO Sharpe Ratio Rank: 64
PSMO Sortino Ratio Rank: 66
PSMO Omega Ratio Rank: 72
PSMO Calmar Ratio Rank: 67
PSMO Martin Ratio Rank: 80

IVVM

IVVM Risk / Return Rank: 64
IVVM Sharpe Ratio Rank: 56
IVVM Sortino Ratio Rank: 59
IVVM Omega Ratio Rank: 72
IVVM Calmar Ratio Rank: 56
IVVM Martin Ratio Rank: 77

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. IVVM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Moderate (October) ETF (PSMO) and iShares Large Cap Moderate Buffer ETF (IVVM). 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.

	PSMO	IVVM	Difference
Sharpe ratio Return per unit of total volatility	1.14	0.96	+0.18
Sortino ratio Return per unit of downside risk	1.70	1.48	+0.23
Omega ratio Gain probability vs. loss probability	1.27	1.26	+0.01
Calmar ratio Return relative to maximum drawdown	1.74	1.38	+0.36
Martin ratio Return relative to average drawdown	8.92	7.89	+1.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSMO vs. IVVM - Sharpe Ratio Comparison

The current PSMO Sharpe Ratio is 1.14, which is comparable to the IVVM Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of PSMO and IVVM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PSMO	IVVM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	0.96	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	1.05	1.24	-0.19

Correlation

The correlation between PSMO and IVVM is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

PSMO vs. IVVM - Dividend Comparison

PSMO has not paid dividends to shareholders, while IVVM's dividend yield for the trailing twelve months is around 0.70%.

	TTM	2025	2024
PSMO Pacer Swan SOS Moderate (October) ETF	0.00%	0.00%	0.00%
IVVM iShares Large Cap Moderate Buffer ETF	0.70%	0.68%	0.62%

Drawdowns

PSMO vs. IVVM - Drawdown Comparison

The maximum PSMO drawdown since its inception was -9.77%, smaller than the maximum IVVM drawdown of -11.62%. Use the drawdown chart below to compare losses from any high point for PSMO and IVVM.

Drawdown Indicators

	PSMO	IVVM	Difference
Max Drawdown Largest peak-to-trough decline	-9.77%	-11.62%	+1.85%
Max Drawdown (1Y) Largest decline over 1 year	-6.67%	-9.29%	+2.62%
Current Drawdown Current decline from peak	-2.89%	-3.21%	+0.32%
Average Drawdown Average peak-to-trough decline	-1.37%	-0.96%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.31%	1.63%	-0.32%

Volatility

PSMO vs. IVVM - Volatility Comparison

The current volatility for Pacer Swan SOS Moderate (October) ETF (PSMO) is 3.04%, while iShares Large Cap Moderate Buffer ETF (IVVM) has a volatility of 3.76%. This indicates that PSMO experiences smaller price fluctuations and is considered to be less risky than IVVM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSMO	IVVM	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	3.76%	-0.72%
Volatility (6M) Calculated over the trailing 6-month period	4.82%	6.03%	-1.21%
Volatility (1Y) Calculated over the trailing 1-year period	9.78%	12.91%	-3.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.51%	9.83%	-1.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.51%	9.83%	-1.32%