Pacer Swan SOS Conservative (April) ETF (PSCW) Performance

Cboe BZX: PSCWTotal returns, calendar years, drawdowns and risk since 2021.

PSCW total return

Distributions reinvested · as of Oct 23, 2026
YTD
+10.1%
since Dec 31, 2025
1 year
+11.8%
total return
5 years
+7.1%
a year
Since first price
+7.3%
a year since 2021

PSCW trailing returns vs SPY, QQQ, AGG

PSCW trailing returns
PeriodPSCW total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month+0.2%+0.2%−1.0%−5.0%+0.9%
3 months+2.4%+2.4%+3.2%+1.9%−0.4%
6 months+4.6%+4.6%+7.8%+8.4%−1.5%
YTD+10.1%+10.1%+12.3%+15.1%−1.0%
1 year+11.8%+11.8%+14.4%+15.9%−1.1%
3 years+43.3%+12.7%/yr+43.3%+87.4%+23.3%/yr+101.4%+26.3%/yr+16.6%+5.2%/yr
5 years+41.2%+7.1%/yr+41.2%+79.3%+12.4%/yr+94.0%+14.2%/yr−0.8%−0.2%/yr
Since inceptionApr 1, 2021+48.3%+7.3%/yr+48.3%———

Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.

Growth of $10,000: PSCW vs SPY

PSCWS&P 500 (SPY)

From Apr 1, 2021: PSCW grew to $14,835, SPY to $20,414.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

PSCW returns by calendar year

PSCWSPY

3 of 4 full years positive. Best 2024 (+13.0%), worst 2022 (−5.5%). 2026 is year to date.

PSCW annual returns table

PSCW calendar-year returns
YearPSCWLargest dropSPYQQQAGG
2026YTD+10.1%−1.1%+12.3%+15.1%−1.0%
2025+6.6%−11.9%+17.7%+20.8%+7.2%
2024+13.0%−4.9%+24.9%+25.6%+1.3%
2023+11.4%−4.9%+26.2%+54.9%+5.7%
2022−5.5%−9.7%−18.2%−32.6%−13.0%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

PSCW largest drawdowns

Now 0.4% below the high
PSCW largest drawdowns
PeakDeclineBottomRecoveredFallUnderwater
Feb 18, 2025−11.9%Apr 8, 2025Aug 27, 202549 days6 months

Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.

PSCW risk statistics

PSCW risk statistics
Statistic3 years5 yearsSince 2021
Annualized return+12.3%+7.5%+7.2%
Volatility (annualized)6.4%7.1%6.8%
Sharpe ratio1.180.560.58
Sortino ratio1.990.830.87
Best month+6.0%+6.0%+6.0%
Worst month−5.1%−5.1%−5.1%
Best 12 months+19.8%+19.8%+19.8%
Worst 12 months+4.3%−5.9%−5.9%
Positive months81%70%71%
Beta vs S&P 5000.450.40—
Correlation with S&P 5000.870.90—

From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.

PSCW rolling returns

PSCW rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year55−5.9%+7.6%+19.8%78%
3-year (a year)31+3.5%+9.1%+12.8%100%
5-year (a year)7+7.1%+7.1%+7.5%100%

Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.

PSCW performance overview

Pacer Swan SOS Conservative (April) ETF (PSCW) returned +11.8% over the past year and +7.1% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +7.3% a year, turning $10,000 into about $14,835. Over the same year S&P 500 (SPY) returned +14.4%.

The deepest decline was −11.9%, from Feb 18, 2025 to Apr 8, 2025, and it took 5 months to get back to the old high. PSCW finished 3 of its 4 full calendar years with a gain; the best year was 2024 (+13.0%) and the worst 2022 (−5.5%). Volatility has been 6.8% a year.

Related: PSCW chart. See the PSCW overview for the latest quote and fund facts.

PSCW performance FAQ

What is the PSCW return over the past year?

PSCW returned +11.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.8%.

What is the average annual return of PSCW?

PSCW has returned +7.1% a year over 5 years, +7.3% a year since April 1, 2021 (total return, distributions reinvested).

How much would $10,000 invested in PSCW be worth?

$10,000 invested in PSCW at its first recorded close on April 1, 2021 would be worth about $14,835 on October 23, 2026 with distributions reinvested.

What was the worst year for PSCW?

The worst calendar year was 2022, with a total return of −5.5%. The best was 2024 at +13.0%.

What is the biggest drawdown of PSCW?

The largest peak-to-trough decline was −11.9% between February 18, 2025 and April 8, 2025. It recovered to the old high on August 27, 2025, 5 months after the bottom.

How volatile is PSCW?

Over the past 3 years PSCW had an annualized volatility of 6.4% and a Sharpe ratio of 1.18 (excess return over 1–3 month T-bills per unit of risk).