QJUN vs. PSMD

Last updated Jun 24, 2026

QJUN (FT Cboe Vest Nasdaq-100 Buffer ETF - June) and PSMD (Pacer Swan SOS Moderate (December) ETF) are both exchange-traded funds - QJUN is a Nasdaq-100 fund actively managed by First Trust, while PSMD is a Large Cap Blend Equities fund actively managed by Pacer. Both are actively managed. Over the past 5 years, QJUN returned 10.38%/yr vs 8.98%/yr for PSMD. Their correlation of 0.84 suggests significant overlap in exposure. QJUN charges 0.90%/yr vs 0.75%/yr for PSMD.

Performance

QJUN vs. PSMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Nasdaq-100 Buffer ETF - June (QJUN) and Pacer Swan SOS Moderate (December) ETF (PSMD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QJUN achieves a 3.80% return, which is significantly lower than PSMD's 4.91% return.

QJUN

• 1D: -1.93%
• 1M: -1.81%
• YTD: 3.80%
• 6M: 3.64%
• 1Y: 13.93%
• 3Y*: 14.72%
• 5Y*: 10.38%
• 10Y*: —

PSMD

• 1D: -0.51%
• 1M: -0.09%
• YTD: 4.91%
• 6M: 5.01%
• 1Y: 13.69%
• 3Y*: 12.16%
• 5Y*: 8.98%
• 10Y*: —

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

QJUN vs. PSMD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
QJUN FT Cboe Vest Nasdaq-100 Buffer ETF - June	3.80%	13.59%	16.36%	36.34%	-17.34%	7.57%
PSMD Pacer Swan SOS Moderate (December) ETF	4.91%	11.45%	12.78%	17.46%	-4.47%	4.91%

Correlation

The correlation between QJUN and PSMD is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.79
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 21, 2021	0.84

The correlation between QJUN and PSMD has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.

QJUN vs. PSMD - Sectors Allocation Comparison

Sectors	QJUN	PSMD
Technology	58.7%	34.1%
Communication Services	14.3%	11.2%
Consumer Cyclical	11.4%	10.6%
Consumer Defensive	6.4%	5.0%
Healthcare	3.7%	9.4%
Industrials	2.6%	8.0%
Utilities	1.2%	2.3%
Basic Materials	1.0%	1.8%
Energy	0.5%	3.2%
Financial Services	0.2%	12.6%
Real Estate	0.1%	1.9%

Return for Risk

QJUN vs. PSMD — Risk / Return Rank

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

QJUN

QJUN Risk / Return Rank: 66
QJUN Sharpe Ratio Rank: 59
QJUN Sortino Ratio Rank: 59
QJUN Omega Ratio Rank: 69
QJUN Calmar Ratio Rank: 60
QJUN Martin Ratio Rank: 81

PSMD

PSMD Risk / Return Rank: 81
PSMD Sharpe Ratio Rank: 81
PSMD Sortino Ratio Rank: 86
PSMD Omega Ratio Rank: 87
PSMD Calmar Ratio Rank: 67
PSMD Martin Ratio Rank: 84

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.

QJUN vs. PSMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Nasdaq-100 Buffer ETF - June (QJUN) and Pacer Swan SOS Moderate (December) ETF (PSMD). 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.

	QJUN	PSMD	Difference
Sharpe ratio: Return per unit of total volatility	1.81	2.40	-0.59
Sortino ratio: Return per unit of downside risk	2.56	3.55	-0.99
Omega ratio: Gain probability vs. loss probability	1.37	1.49	-0.12
Calmar ratio: Return relative to maximum drawdown	2.70	3.11	-0.41
Martin ratio: Return relative to average drawdown	14.75	16.22	-1.47

QJUN vs. PSMD - Sharpe Ratio Comparison

The current QJUN Sharpe Ratio is 1.81, which is comparable to the PSMD Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of QJUN and PSMD, 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

QJUN vs. PSMD - Drawdown Comparison

The maximum QJUN drawdown since its inception was -19.92%, which is greater than PSMD's maximum drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for QJUN and PSMD.

Drawdown Indicators

	QJUN	PSMD	Difference
Max Drawdown Largest peak-to-trough decline	-19.92%	-11.96%	-7.96%
Max Drawdown (1Y) Largest decline over 1 year	-5.18%	-4.42%	-0.76%
Max Drawdown (3Y) Largest decline over 3 years	-16.47%	-10.70%	-5.77%
Max Drawdown (5Y) Largest decline over 5 years	-19.92%	-11.96%	-7.96%
Current Drawdown Current decline from peak	-2.31%	-0.73%	-1.58%
Average Drawdown Average peak-to-trough decline	-3.84%	-1.65%	-2.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.95%	0.85%	+0.10%

Volatility

QJUN vs. PSMD - Volatility Comparison

FT Cboe Vest Nasdaq-100 Buffer ETF - June (QJUN) has a higher volatility of 2.03% compared to Pacer Swan SOS Moderate (December) ETF (PSMD) at 1.93%. This indicates that QJUN's price experiences larger fluctuations and is considered to be riskier than PSMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QJUN	PSMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.03%	1.93%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	5.88%	4.78%	+1.10%
Volatility (1Y) Calculated over the trailing 1-year period	7.74%	5.75%	+1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	8.63%	+5.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.13%	8.47%	+5.66%

QJUN vs. PSMD - Expense Ratio Comparison

QJUN has a 0.90% expense ratio, which is higher than PSMD's 0.75% expense ratio.

Dividends

QJUN vs. PSMD - Dividend Comparison

Neither QJUN nor PSMD has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
PSMD Pacer Swan SOS Moderate (December) ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.47%
QJUN FT Cboe Vest Nasdaq-100 Buffer ETF - June	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QJUN and PSMD in my portfolio?

QJUN and PSMD have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QJUN or PSMD?

QJUN has higher volatility (2.03%) compared to PSMD (1.93%). In terms of maximum drawdown, QJUN dropped -19.92% vs PSMD's -11.96%.

Which ETF is better, QJUN or PSMD?

On 5-year performance, QJUN leads with 10.38% vs 8.98% for PSMD. On fees, PSMD is cheaper at 0.75% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QJUN or PSMD?

Over the 5-year period, QJUN has performed better with a 10.38% return vs 8.98%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QJUN or PSMD?

PSMD is cheaper with a 0.75% expense ratio, compared with 0.90% for QJUN.

Which ETF pays a higher dividend yield, QJUN or PSMD?

QJUN and PSMD have nearly identical dividend yields, around 0.00%.

What is the main difference between QJUN and PSMD?

QJUN is categorized as Nasdaq-100, while PSMD is Large Cap Blend Equities. They also come from different issuers: First Trust and Pacer. Their fees differ too: 0.90% for QJUN and 0.75% for PSMD.

Which has better risk-adjusted returns?

PSMD currently has the higher Sharpe Ratio (2.40 vs 1.81), 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.