PSQO vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricPSQOVTIWinner
Expense Ratio0.52%0.03%
AUM$271M$663.5B
Dividend Yield4.41%1.07%
Holdings3593,543
YTD Return+2.49%+13.57%
1Y Return+5.32%+24.23%
3Y Return (annualized)-+20.73%
5Y Return (annualized)-+12.24%
Volatility (annualized)1.1%15.3%
Max Drawdown-0.8%-56.6%
Fund FamilyPalmer Square Capital ManagementVanguard (US)
CategoryFixed IncomeEquity
InceptionSep 11, 2024May 24, 2001

PSQO vs VTI Performance

Palmer Square Credit Opportunities ETF (PSQO) is a ETF from Palmer Square Capital Management and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year PSQO returned +5.32% while VTI returned +24.23%. Year to date, PSQO is up 2.49% versus a gain of 13.57% for VTI.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 1.1% for PSQO. 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 -0.8% for PSQO and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

PSQO charges 0.52% per year while VTI charges 0.03%. On a $10,000 position that is $52 vs $3 annually, a gap of $49 per year that compounds over a long holding period. On income, PSQO currently yields 4.41% against 1.07% for VTI.

Holdings Overlap

0.1%overlap

PSQO and VTI share 1 holdings out of 2980 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PSQOWeight in VTIDifference
KDP0.29%0.06%0.23%

Frequently Asked Questions

Which is cheaper, PSQO or VTI?

PSQO has an expense ratio of 0.52% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $49 per year of difference.

Which performed better, PSQO or VTI?

Over the past year PSQO returned +5.32% vs +24.23% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (2 years), PSQO annualized +6.10% vs +8.12% for VTI. Past performance does not guarantee future results.

Which is riskier, PSQO or VTI?

VTI has been the more volatile fund at 15.3% annualized versus 1.1% for PSQO. Worst drawdown: PSQO -0.8% vs VTI -56.6%.

Should I hold both PSQO and VTI?

PSQO and VTI have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PSQO and VTI?

PSQO and VTI share 1 common holdings with a 0.1% weight overlap. Combined, they hold 2980 unique securities.

Which pays a higher dividend, PSQO or VTI?

PSQO yields 4.41% while VTI yields 1.07%, so PSQO currently pays the higher dividend yield.

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