Pacer Swan SOS Moderate (February) ETF (MFEB) is an exchange-traded fund in the Defined Outcome category. It has $1.63M in assets and an expense ratio of 0.49%. The fund is an actively managed exchange-traded fund that, under normal market conditions, invests substantially all of its assets in FLEX Options that reference the share price return of the SPDR® S&P 500® ETF Trust. It is non-diversified.