{
 "ticker": "LADM",
 "name": "Pacer Swan SOS Laddered Moderate ETF",
 "issuer": "Pacer",
 "desk": "buffer",
 "url": "https://etfiq.com/funds/ladm",
 "html": "https://etfiq.com/funds/ladm",
 "markdown": "https://etfiq.com/funds/ladm.md",
 "as_of": "2026-10-20",
 "verdict": "From Jun 30, 2026 to Oct 20, 2026, LADM returned 2.7%, against 3.0% for SPY.",
 "key_facts": [
  {
   "key": "return_since_listing",
   "label": "Return since listing",
   "value": "+2.7%",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "as_of": "2026-10-20",
   "sentence": "LADM, return since listing: +2.7%, as of Oct 20, 2026.",
   "cite": {
    "value": "+2.7%",
    "as_of": "2026-10-20",
    "source": "computed by ETFIQ from Tiingo daily prices",
    "url": "https://etfiq.com/funds/ladm#fact-return-since-listing",
    "text": "LADM, return since listing: +2.7%, as of Oct 20, 2026."
   }
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.59%",
   "source": "497 XBRL, Jun 12, 2026",
   "as_of": "2026-06-12",
   "sentence": "LADM, expense ratio: 0.59% (497 XBRL, Jun 12, 2026).",
   "cite": {
    "value": "0.59%",
    "as_of": "2026-06-12",
    "source": "497 XBRL, Jun 12, 2026",
    "url": "https://etfiq.com/funds/ladm#fact-expense-ratio",
    "text": "LADM, expense ratio: 0.59% (497 XBRL, Jun 12, 2026)."
   }
  }
 ],
 "fields": [
  {
   "key": "kind",
   "label": "Kind",
   "value": "Laddered buffer ETF",
   "source": null
  },
  {
   "key": "reference",
   "label": "Reference",
   "value": "SPY (SPDR S&P 500 ETF)",
   "source": null
  },
  {
   "key": "outcome_period",
   "label": "Outcome period",
   "value": "about a year",
   "source": "prospectus"
  },
  {
   "key": "buffer",
   "label": "Buffer",
   "value": "no buffer of its own; only the buffer ETFs it holds have one",
   "source": "prospectus"
  },
  {
   "key": "cap",
   "label": "Cap",
   "value": "not read by ETFIQ",
   "source": "prospectus"
  },
  {
   "key": "cap_left_buffer_left_and_days_left",
   "label": "Cap left, buffer left and days left",
   "value": "not read by ETFIQ",
   "source": null
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Jun 30, 2026",
   "source": null
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.59%",
   "source": "497 XBRL, Jun 12, 2026"
  },
  {
   "key": "prospectus",
   "label": "Prospectus",
   "value": "497K filed Jun 12, 2026",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Total return": "+0.7%",
   "SPY price return": "+1.0%",
   "Gap to SPY": "\u22120.3 pts"
  },
  {
   "window": "3 months",
   "Total return": "+2.3%",
   "SPY price return": "+2.8%",
   "Gap to SPY": "\u22120.5 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+2.7%",
   "SPY price return": "+3.0%",
   "Gap to SPY": "\u22120.3 pts"
  }
 ],
 "questions": [
  {
   "q": "What does LADM protect against?",
   "a": "Its prospectus says it has no buffer of its own; only the buffer ETFs it holds have one."
  },
  {
   "q": "Does LADM have a cap?",
   "a": "Its prospectus prints no cap for its current period."
  },
  {
   "q": "When does LADM reset?",
   "a": "Its prospectus states about a year."
  }
 ],
 "key_stats": [
  {
   "key": "high52",
   "label": "High since Jun 30, 2026, daily closes to Oct 20, 2026",
   "value": "$33.20 on Oct 12, 2026",
   "as_of": "2026-10-12",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 33.1956,
   "window": {
    "from": "2026-06-30",
    "to": "2026-10-20"
   }
  },
  {
   "key": "low52",
   "label": "Low since Jun 30, 2026, daily closes to Oct 20, 2026",
   "value": "$32.02 on Jul 29, 2026",
   "as_of": "2026-07-29",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 32.0163,
   "window": {
    "from": "2026-06-30",
    "to": "2026-10-20"
   }
  },
  {
   "key": "inrange",
   "label": "Close on Oct 20, 2026, within that range",
   "value": "$33.04, 86% of the way from the low to the high",
   "as_of": "2026-10-20",
   "source": "computed by ETFIQ from Tiingo daily prices",
   "number": 33.0357
  }
 ],
 "generated": "2026-10-21",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, LADM, buffer ETFs, data as of Oct 20, 2026. https://etfiq.com/funds/ladm"
}