Pacer Swan Downside Deviation
| PSFD ETF | | | USD 38.96 0.15 0.39% |
Downside Deviation (or DD) is measured by target semi-deviation (the square root of target semi-variance) and is termed downside risk. It is expressed in percentages and therefore allows for rankings in the same way as standard deviation. An intuitive way to view the downside risk is the annualized standard deviation of returns below the target. Below is Pacer Swan's current Downside Deviation with peer comparisons and related risk metrics.
Current Downside Deviation Value
Pacer Swan's Downside Deviation of 0.5831 reflects low price variability. This places Pacer Swan at the lower end of the volatility range for ETF.
Downside Deviation | = | SQRT(DV) |
| = | 0.5831 | |
Downside Deviation Peers Comparison
Pacer Swan's Downside Deviation of 0.5831 falls above the 0.56 peer average. Values range from 0.1552 (FT Vest Equity) to 1.19 (Innovator Uncapped Accelerated), with wide dispersion across the group. Pacer Swan has exhibited greater price dispersion than the peer average over the measured period.
Downside Deviation Relative To Other Indicators
The chart below plots Downside Deviation against Maximum Drawdown for Pacer Swan and its peers. Each point represents one equity — position along the horizontal axis shows Downside Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
With Downside Deviation at
0.58 and Maximum Drawdown at
2.43 , Pacer Swan shows a
4.16 -to-one ratio between these indicators. This indicates Maximum Drawdown is significantly higher than Downside Deviation for Pacer Swan.
Methodology, Assumptions & Data Sources
Pacer Swan has a current Downside Deviation reading of 0.5831. Pacer Swan's Downside Deviation is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. All inputs are based on exchange-reported closing prices, with adjustments for stock splits, dividends, and other corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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