PSFM vs SSO
Pacer Swan SOS Flex (April) ETF vs ProShares Ultra S&P500
Which is better, PSFM or SSO?
SSO has been ahead.
PSFM has a lower expense ratio. SSO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94.
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 | PSFM | SSO |
|---|---|---|
| Expense Ratio | 0.49%Best | 0.84% |
| AUM | $26M | $9.2B |
| Dividend Yield | 0.00% | 0.69% |
| Holdings | 14 | 521 |
| YTD Return | +12.56% | +21.98%Best |
| 1Y Return | +15.06% | +28.56%Best |
| 3Y Return (annualized) | +13.69% | +37.60%Best |
| 5Y Return (annualized) | +9.85% | +17.88%Best |
| Volatility (annualized) | 9.2%Best | 30.5% |
| Max Drawdown | -14.3%Best | -46.7% |
| $10,000 over 5 years | $15,996 | $22,761Best |
| Fund Family | Pacer ETFs | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Mar 31, 2021 | Jun 19, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 1, 2021 to Oct 14, 2026 (5.5 years).
PSFM vs SSO 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.
PSFM vs SSO Performance
Pacer Swan SOS Flex (April) ETF (PSFM) is an ETF from Pacer ETFs and ProShares Ultra S&P500 (SSO) is an ETF from ProShares. Over the past year PSFM returned +15.06% while SSO returned +28.56%. Year to date, PSFM is up 12.56% versus a gain of 21.98% for SSO.
Over three years, PSFM compounded at +13.69% per year against +37.60% for SSO; over five years the annualized figures are +9.85% and +17.88% respectively. Across the full 6-year window we track, SSO has the edge at +20.24% annualized vs +10.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SSO has been the more volatile fund, with annualized monthly volatility of 30.5% compared with 9.2% for PSFM. 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 -14.3% for PSFM and -46.7% for SSO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PSFM charges 0.49% per year while SSO charges 0.84%. On a $10,000 position that is $49 vs $84 annually, a gap of $35 per year that compounds over a long holding period. On income, PSFM currently yields 0.00% against 0.69% for SSO.
You are not choosing between two funds in isolation.
Whichever of PSFM and SSO 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, PSFM or SSO?
PSFM has an expense ratio of 0.49% while SSO charges 0.84%. PSFM is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, PSFM or SSO?
Over the past year PSFM returned +15.06% vs +28.56% for SSO, so SSO leads on 1-year performance. Over the longest common window we track (6 years), PSFM annualized +10.37% vs +20.24% for SSO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PSFM or SSO?
SSO has been the more volatile fund at 30.5% annualized versus 9.2% for PSFM. Worst drawdown: PSFM -14.3% vs SSO -46.7%.
Should I hold both PSFM and SSO?
PSFM and SSO have a monthly-return correlation of 0.94, 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, PSFM or SSO?
PSFM yields 0.00% while SSO yields 0.69%, so SSO currently pays the higher dividend yield.
Is SSO better than PSFM?
PSFM has a lower expense ratio. SSO led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.