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Palmer Square Credit Opportunities ETF

PSQONYSE ArcaThis fund does not currently behave like the group it was assigned to, so its grouping is being re-reviewed. Grading pauses until the review resolves, because a letter measured against the wrong peer group would be a statement about the wrong funds.

$20.58+0.04 (+0.18%)

As of Oct 13, 2026, 3:59 PM

Intraday session: up, 39 prints from 20.54 to 20.58. Range 20.54 to 20.59. Use the arrow keys to read each point.20.5520.5620.5720.5910 AM12 PM2 PM4 PM
Expense ratio
0.52%
Fund size
$308M
1Y total return
+4.5%
Yield · Last 12 months
4.61%
Holdings
490
Avg volume · 30D
0.1M sh
NAV per share
$20.55
52W range
low $19.76high $21.53
Launched

The ETF.net PSQO Grade

—

Under classification review

This fund does not currently behave like the group it was assigned to, so its grouping is being re-reviewed. Grading pauses until the review resolves, because a letter measured against the wrong peer group would be a statement about the wrong funds.

PSQO Holdings

As of Oct 12, 2026
Asset class
Bonds
Holdings
490
Top-10 weight
11%
Largest holding
United States of 4% 05/282.2%

Geography

  • United States94.47%
  • Canada1.46%
  • United Kingdom1.24%
  • France1.09%
  • Luxembourg0.62%
  • Netherlands0.62%
  • Germany0.50%
The fund’s holdings, weight-ordered — page 1 of 33.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—United States of 4% 05/282.22%7,000,000$7M18
002—United States 3.5% 01/281.73%5,475,000$5M17
003—United States of 4% 01/291.35%4,275,000$4M16
004—United States Zero 11/261.12%3,500,000$3M21
005—Fidelity Treasury1.06%3,286,323$3M2
006—Carlyle Us Clo Flt 10/340.97%3,000,000$3M6
007—Trinitas Clo X Flt 01/350.80%2,500,000$3M2
008—United States Zero 11/260.80%2,500,000$2M56
009—Sequoia Flt 05/560.70%2,275,302$2M1
010—Golub Capital Flt 04/390.65%2,000,000$2M1
011—Elmwood Clo Iv Flt 04/370.64%2,000,000$2M4
012—Carlyle Us Clo Flt 01/350.64%2,000,000$2M7
013—Magnetite Xlv Flt 04/380.64%2,000,000$2M2
014—Elmwood Clo 38 Flt 04/380.64%2,000,000$2M3
015—Ocp Clo 2021-21 Flt 01/380.64%2,000,000$2M4

Showing 1–15 of 490 holdings

PSQO Performance

Launched Sep 11, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
PSQO$10,447
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. PSQO $10,447. SPY $12,044. Use the arrow keys to read each point.$9,582$10,912$12,243Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PSQO. Periods over one year show the average yearly return.
PeriodPSQO
Year to date+2.8%
1 month−0.2%
3 months+0.6%
1 year+4.5%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PSQO
YearReturn barPSQO
2026 YTD+2.8%
2025+7.0%
2024+2.0%

History from Sep 12, 2024

PSQO in the news

Filtered to PSQO · US High Yield

PSQO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 12, 2026.
4.61%Last 12 months
Payout per share
$0.95Last 12 months
Last payment
$0.27 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2024–2026

One bar per payment. 8 payments from 2024 to 2026 YTD. Dec 24, 2024 $0.28; Mar 25, 2025 $0.20; Jun 24, 2025 $0.16; Sep 24, 2025 $0.26; Dec 24, 2025 $0.29; Mar 25, 2026 $0.14; Jun 24, 2026 $0.24; Sep 24, 2026 $0.27. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 30, 2026$0.27
Jun 24, 2026Jun 30, 2026$0.24
Mar 25, 2026Mar 31, 2026$0.14
Dec 24, 2025Dec 31, 2025$0.29
Sep 24, 2025Sep 30, 2025$0.26
Jun 24, 2025Jun 30, 2025$0.16
Mar 25, 2025Mar 31, 2025$0.20
Dec 24, 2024Dec 31, 2024$0.28

PSQO Risk

How much the fund’s monthly returns vary, scaled to a year.
1.2%
Annualised · 24 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.20
vs 3-month T-bills · 24 months to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−0.7%
25 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.12
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

PSQO Cost

Expense ratio0.52%
  • The middle half of US High Yield funds
  • Median 0.43%

58 of the 85 US High Yield funds charge less.

PSQO costs $52.00 a year on $10,000. The median US High Yield fund costs $43.00.

Other funds in US High Yield