FAPR vs PSFD
FT Vest US Equity Buffer ETF - April vs Pacer Swan SOS Flex (January) ETF
Which is better, FAPR or PSFD?
PSFD has been ahead.
PSFD has a lower expense ratio. PSFD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FAPR | PSFD |
|---|---|---|
| Expense Ratio | 0.85% | 0.49%Best |
| AUM | $1.4B | $61M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 10 | 14 |
| YTD Return | +8.21% | +9.85%Best |
| 1Y Return | +10.78% | +13.53%Best |
| 3Y Return (annualized) | +13.68% | +15.14%Best |
| 5Y Return (annualized) | +8.84% | +11.69%Best |
| Volatility (annualized) | 8.9%Best | 9.3% |
| Max Drawdown | -16.0% | -14.9%Best |
| $10,000 over 5 years | $15,274 | $17,381Best |
| Fund Family | First Trust Portfolios (US) | Pacer ETFs |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Apr 16, 2021 | Dec 22, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 19, 2021 to Oct 14, 2026 (5.5 years).
FAPR vs PSFD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.5 years both funds cover.
FAPR vs PSFD Performance
FT Vest US Equity Buffer ETF - April (FAPR) is an ETF from First Trust Portfolios (US) and Pacer Swan SOS Flex (January) ETF (PSFD) is an ETF from Pacer ETFs. Over the past year FAPR returned +10.78% while PSFD returned +13.53%. Year to date, FAPR is up 8.21% versus a gain of 9.85% for PSFD.
Over three years, FAPR compounded at +13.68% per year against +15.14% for PSFD; over five years the annualized figures are +8.84% and +11.69% respectively. Across the full 6-year window we track, PSFD has the edge at +11.64% annualized vs +8.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSFD has been the more volatile fund, with annualized monthly volatility of 9.3% compared with 8.9% for FAPR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -16.0% for FAPR and -14.9% for PSFD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FAPR charges 0.85% per year while PSFD charges 0.49%. On a $10,000 position that is $85 vs $49 annually, a gap of $36 per year that compounds over a long holding period. On income, FAPR currently yields 0.00% against 0.00% for PSFD.
You are not choosing between two funds in isolation.
Whichever of FAPR and PSFD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FAPR or PSFD?
FAPR has an expense ratio of 0.85% while PSFD charges 0.49%. PSFD is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, FAPR or PSFD?
Over the past year FAPR returned +10.78% vs +13.53% for PSFD, so PSFD leads on 1-year performance. Over the longest common window we track (6 years), FAPR annualized +8.97% vs +11.64% for PSFD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FAPR or PSFD?
PSFD has been the more volatile fund at 9.3% annualized versus 8.9% for FAPR. Worst drawdown: FAPR -16.0% vs PSFD -14.9%.
Should I hold both FAPR and PSFD?
FAPR and PSFD have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, FAPR or PSFD?
FAPR yields 0.00% while PSFD yields 0.00%, so PSFD currently pays the higher dividend yield.
Is PSFD better than FAPR?
PSFD has a lower expense ratio. PSFD led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. Which one suits a particular account depends on what it is for. This is information, not a recommendation.