Pacer Swan Correlations

Etfs . USA . 
Etf . Pacer Swan SOS
PSFD Etf  USD 37.65  0.02  0.05%   
The current 90-days correlation between Pacer Swan SOS and Pacer Swan SOS is 0.95 (i.e., Almost no diversification). The correlation of Pacer Swan is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Pacer Swan Correlation With Market

Poor diversification

The correlation between Pacer Swan SOS and DJI is 0.74 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Pacer Swan SOS and DJI in the same portfolio, assuming nothing else is changed.
  
Build AI portfolio with Pacer Etf
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacer Swan SOS. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census.

Moving together with Pacer Etf

  0.94INOV Innovator ETFs TrustPairCorr
  0.98BUFR First Trust Cboe Sell-off TrendPairCorr
  0.99BUFD FT Cboe VestPairCorr
  0.96PSEP Innovator SP 500PairCorr
  1.0PJAN Innovator SP 500PairCorr
  0.98PJUL Innovator SP 500PairCorr
  0.97PAUG Innovator Equity PowerPairCorr
  0.95DNOV FT Cboe VestPairCorr
  0.98PMAY Innovator SP 500PairCorr
  0.96ACII Innovator ETFs TrustPairCorr
  0.91JPST JPMorgan Ultra ShortPairCorr
  0.95FB ProShares Trust ProSharesPairCorr
  0.86TOT Advisor Managed PortPairCorr
  0.93GSX Tradr 2X LongPairCorr
  0.77WMT Walmart Common StockPairCorr
  0.85AXP American ExpressPairCorr
  0.77XOM Exxon Mobil CorpPairCorr
  0.61MCD McDonaldsPairCorr
  0.92AA Alcoa CorpPairCorr
  0.83JPM JPMorgan Chase Earnings Call This WeekPairCorr
  0.82DD Dupont De NemoursPairCorr
  0.74JNJ Johnson JohnsonPairCorr

Moving against Pacer Etf

  0.94VXX iPath Series BPairCorr
  0.7PG Procter GamblePairCorr
  0.7T ATT IncPairCorr
  0.58HD Home Depot Sell-off TrendPairCorr

Related Correlations Analysis


Pacer Swan Constituents Risk-Adjusted Indicators

There is a big difference between Pacer Etf performing well and Pacer Swan ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Pacer Swan's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
PSCJ  0.21  0.00 (0.13) 0.08  0.17 
(0.25)
 0.48 
(0.43)
 1.32 
SIXF  0.24  0.03 (0.07) 0.55  0.28 
(0.24)
 0.51 
(0.60)
 1.42 
JANT  0.28  0.03 (0.02) 0.13  0.33 
(0.27)
 0.61 
(0.64)
 1.77 
XUSP  0.79 (0.03)(0.02) 0.04  1.09 
(0.72)
 1.56 
(1.87)
 4.63 
BSTP  0.39 (0.01)(0.06) 0.05  0.51 
(0.37)
 0.74 
(0.87)
 2.24 
OCTT  0.37 (0.01)(0.06) 0.05  0.48 
(0.36)
 0.66 
(0.92)
 2.02 
PSCX  0.22  0.02 (0.08) 0.14  0.13 
(0.24)
 0.50 
(0.36)
 1.45 
PSCQ  0.27  0.00 (0.11) 0.06  0.29 
(0.28)
 0.62 
(0.52)
 1.49 
APRT  0.17  0.03 (0.11) 0.72  0.15 
(0.18)
 0.42 
(0.34)
 1.18 
JUNM  0.08  0.01 (0.44) 0.63  0.00 
(0.08)
 0.18 
(0.15)
 0.41 

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2026 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY