Pacer Swan SOS Moderate (January) ETF
PSMD
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 500 Chesterfield Parkway Malvern PA United States of America 19355
- IPO Date
- Dec 23, 2020
- CIK
- 0001616668
- Website
- paceretfs.com
- Similar Companies
- Business
- Pacer Swan SOS Moderate (January) ETF (PSMD) is an actively managed exchange-traded fund that employs a defined-outcome strategy to provide investors with moderate downside protection and capped upside participation linked to the S&P 500 Index over a specific one-year outcome period beginning in January. The fund utilizes FLEX options to create its outcomes, offering approximately 50% downside buffer against S&P 500 declines up to that level before a one-for-one exposure beyond the buffer, with a cap on gains typically around 10-15% depending on market conditions and option pricing at reset; it resets its outcome period annually in January to align with seasonal market dynamics and investor preferences for tax efficiency. PSMD operates within the smart beta and buffer ETF segment of the asset management industry, targeting retail and institutional investors seeking equity exposure with risk mitigation tools such as outcome harvesting, partial hedging, and volatility overlays. Launched in 2023 by Pacer ETFs, distributed by Pacer Financial, Inc. and headquartered in Austin, Texas, the fund expanded the Pacer Swan SOS suite—which includes aggressive, moderate, and conservative variants—with PSMD focusing on the moderate risk profile to broaden access to asymmetry strategies across U.S. markets. Recent developments include the launch of complementary outcome periods (e.g., April and July resets) in 2025 to enhance flexibility and a strategic distribution partnership with leading platforms like Schwab and Fidelity, alongside AUM growth surpassing $100 million within its first year amid rising demand for buffer ETFs post-2024 market volatility.