PSFDPacer Swan SOS Flex January ETF
PSFD Fund Description
PSFD aims for specific buffered losses and capped gains on SPDR S&P 500 ETF over a specific holdings period. The actively-managed fund holds options and collateral.
PSFD Factset Analytics Insight
PSFD uses flex options in an effort to moderate losses on the SPY ETF over a one-year period starting each December. The fund foregoes some upside return of SPY’s dividend as options are written on the price (not total) return version of the index. While PSFD hedges for the first 20% losses on SPY, shareholders will incur two times more losses as its underlying ETF if SPY’s losses grow from -20% to -40%. Beyond -40%, the fund will experience all subsequent losses on a one-to-one basis. In exchange for preventing the realization of SPY’s losses, investors also forego upside participation above a certain threshold, which is reset annually. Investors who buy at any other time than the annual reset day may have a very different protection and buffer zone. The issuer publishes effective interim levels daily on its website. The fund must be held to the end of the period to achieve the intended results. The targeted buffers and caps do not include the fund’s expense ratio.
PSFD Summary Data
PSFD Portfolio Data
PSFD Index Data
PSFD Portfolio Management
PSFD Tax Exposures
PSFD Fund Structure
PSFD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PSFD. PSFD is rated a N/A out of 5.
PSFD Top 10 Holdings
PSFD Economic Development
PSFD Performance Statistics
PSFD Benchmark Comparison Summary
PSFD Benchmark Comparison Market Cap Size