PSQA vs VYM
Palmer Square CLO Senior Debt ETF vs Vanguard High Dividend Yield ETF
Which is better, PSQA or VYM?
Long Term High Quality against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | PSQA | VYM |
|---|---|---|
| Expense Ratio | 0.21% | 0.04%Best |
| AUM | $210M | $81.6B |
| Dividend Yield | 4.11% | 2.22% |
| Holdings | 119 | 613 |
| YTD Return | +3.75% | +13.91%Best |
| 1Y Return | +5.56% | +17.57%Best |
| 3Y Return (annualized) | - | +18.12% |
| 5Y Return (annualized) | - | +12.17% |
| Volatility (annualized) | 1.2%Best | 10.4% |
| Max Drawdown | -1.3%Best | -14.5% |
| $10,000 over 2 years | $11,185 | $13,755Best |
| Fund Family | Palmer Square Capital Management | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Long Term High Quality | Large Cap Value |
| Inception | Sep 11, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 12, 2024 to Sep 11, 2026 (2 years).
PSQA vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
PSQA vs VYM Performance
Palmer Square CLO Senior Debt ETF (PSQA) is an ETF from Palmer Square Capital Management and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year PSQA returned +5.56% while VYM returned +17.57%. Year to date, PSQA is up 3.75% versus a gain of 13.91% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.4% compared with 1.2% for PSQA. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -1.3% for PSQA and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Fees and Cost Over Time
PSQA charges 0.21% per year while VYM charges 0.04%. On a $10,000 position that is $21 vs $4 annually, a gap of $17 per year that compounds over a long holding period. On income, PSQA currently yields 4.11% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 15 holdings in PSQA and 603 in VYM, totalling 11.2% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 15 positions we hold weights for in PSQA and 603 in VYM, against full books of 119 and 613.
You are not choosing between two funds in isolation.
Whichever of PSQA and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PSQA or VYM?
PSQA has an expense ratio of 0.21% while VYM charges 0.04%. VYM is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, PSQA or VYM?
Over the past year PSQA returned +5.56% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), PSQA annualized +5.76% vs +17.28% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PSQA or VYM?
VYM has been the more volatile fund at 10.4% annualized versus 1.2% for PSQA. Worst drawdown: PSQA -1.3% vs VYM -14.5%.
Should I hold both PSQA and VYM?
PSQA and VYM have a monthly-return correlation of 0.22, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, PSQA or VYM?
PSQA yields 4.11% while VYM yields 2.22%, so PSQA currently pays the higher dividend yield.
Is VYM better than PSQA?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.