PSMR vs. OCTB

Last updated Jul 15, 2026

PSMR (Pacer Swan SOS Moderate (April) ETF) and OCTB (Aptus October Buffer ETF) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.80 suggests significant overlap in exposure. PSMR charges 0.61%/yr vs 0.25%/yr for OCTB.

Performance

PSMR vs. OCTB - Performance Comparison

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

Returns By Period

In the year-to-date period, PSMR achieves a 8.42% return, which is significantly higher than OCTB's 7.20% return.

PSMR

• 1D: 0.15%
• 1M: 0.92%
• 6M: 7.95%
• YTD: 8.42%
• 1Y: 13.21%
• 3Y*: 10.94%
• 5Y*: 8.46%
• 10Y*: —

OCTB

• 1D: 0.37%
• 1M: 1.55%
• 6M: 6.25%
• YTD: 7.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PSMR vs. OCTB - Yearly Performance Comparison

	2026 (YTD)	2025
PSMR Pacer Swan SOS Moderate (April) ETF	8.42%	1.91%
OCTB Aptus October Buffer ETF	7.20%	2.37%

Correlation

The correlation between PSMR and OCTB is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 14, 2025	0.80

Return for Risk

PSMR vs. OCTB — Risk / Return Rank

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

PSMR

PSMR Risk / Return Rank: 98
PSMR Sharpe Ratio Rank: 97
PSMR Sortino Ratio Rank: 98
PSMR Omega Ratio Rank: 97
PSMR Calmar Ratio Rank: 98
PSMR Martin Ratio Rank: 98

OCTB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

PSMR vs. OCTB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer Swan SOS Moderate (April) ETF (PSMR) and Aptus October Buffer ETF (OCTB). 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.

	PSMR	OCTB	Difference
Sharpe ratio: Return per unit of total volatility	3.66	—	—
Sortino ratio: Return per unit of downside risk	6.07	—	—
Omega ratio: Gain probability vs. loss probability	1.80	—	—
Calmar ratio: Return relative to maximum drawdown	12.19	—	—
Martin ratio: Return relative to average drawdown	54.74	—	—

Drawdowns

PSMR vs. OCTB - Drawdown Comparison

The maximum PSMR drawdown since its inception was -11.78%, which is greater than OCTB's maximum drawdown of -4.79%. Use the drawdown chart below to compare losses from any high point for PSMR and OCTB.

Drawdown Indicators

	PSMR	OCTB	Difference
Max Drawdown Largest peak-to-trough decline	-11.78%	-4.79%	-6.99%
Max Drawdown (1Y) Largest decline over 1 year	-1.09%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.78%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-11.78%	—	—
Current Drawdown Current decline from peak	-0.09%	-0.04%	-0.05%
Average Drawdown Average peak-to-trough decline	-1.64%	-0.67%	-0.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.24%	—	—

Volatility

Volatility by Period

	PSMR	OCTB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.62%	7.17%	-3.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.50%	7.17%	+1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.36%	7.17%	+1.19%

PSMR vs. OCTB - Expense Ratio Comparison

PSMR has a 0.61% expense ratio, which is higher than OCTB's 0.25% expense ratio.

Dividends

PSMR vs. OCTB - Dividend Comparison

Neither PSMR nor OCTB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PSMR and OCTB in my portfolio?

PSMR and OCTB have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PSMR or OCTB?

On fees, OCTB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PSMR or OCTB?

OCTB is cheaper with a 0.25% expense ratio, compared with 0.61% for PSMR.

Which ETF pays a higher dividend yield, PSMR or OCTB?

PSMR and OCTB have nearly identical dividend yields, around 0.00%.

What is the main difference between PSMR and OCTB?

They also come from different issuers: Pacer and Aptus Capital Advisors. Their fees differ too: 0.61% for PSMR and 0.25% for OCTB.