Palmer Square CLO Senior Debt ETF (PSQA) belongs to the CLO category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PSQA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSQA
PSQA charges 0.21% annually. There are 9 ETFs in the CLO category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | 0.19% | 11.25B | Jul 2023 | PSQA vs PAAA | |
| Invesco AAA CLO Floating Rate Note ETF | 0.19% | 530.45M | Dec 2022 | PSQA vs ICLO | |
| PGIM AAA CLO Aggregate Duration ETF | 0.19% | 26.12M | Jun 2026 | PSQA vs AAAD | |
| TCW AAA CLO ETF | 0.20% | 515.18M | Nov 2024 | PSQA vs ACLO | |
| Janus Henderson AAA CLO ETF | 0.20% | 29.22B | Oct 2020 | PSQA vs JAAA |
Best Risk-Adjusted Alternatives to PSQA
PSQA has a PortfoliosLab risk / return rank of 93. There are 10 ETFs in the CLO category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | 99 | 11.25B | Jul 2023 | PSQA vs PAAA | |
| iShares AAA CLO Active ETF | 99 | 2.21B | Jan 2023 | PSQA vs CLOA | |
| TCW AAA CLO ETF | 99 | 515.18M | Nov 2024 | PSQA vs ACLO | |
| Virtus SEIX AAA Private Credit CLO ETF | 99 | — | Dec 2024 | PSQA vs PCLO | |
| Janus Henderson AAA CLO ETF | 99 | 29.22B | Oct 2020 | PSQA vs JAAA |
Top Performing PSQA Alternatives (YTD)
PSQA is at 3.04% YTD. There are 5 ETFs in the CLO category with higher YTD returns, going as high as 3.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares BBB-B CLO Active ETF | 3.39% | 84.14M | Jan 2025 | PSQA vs BCLO | |
| Eldridge BBB-B CLO ETF | 3.36% | 825.65M | Jan 2023 | PSQA vs CLOZ | |
| Nuveen AA-BBB CLO ETF | 3.32% | — | Dec 2024 | PSQA vs NCLO | |
| Reckoner Leveraged AAA CLO ETF | 3.12% | 27.61M | Jul 2025 | PSQA vs RAAA | |
| AAM Crescent CLO ETF | 3.12% | 51.28M | Oct 2025 | PSQA vs CLOC |
Lowest Volatility Alternatives to PSQA
PSQA has 2.47% 1-year volatility. There are 21 ETFs in the CLO category with lower 1-year volatility, going as low as 0.42%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin BSP CLO ETF | 0.42% | 50.39M | Jun 2026 | PSQA vs YCLO | |
| NYLI Investment Grade CLO ETF | 0.46% | 41.41M | May 2026 | PSQA vs CLOO | |
| PGIM AAA CLO ETF | 0.47% | 11.25B | Jul 2023 | PSQA vs PAAA | |
| iShares AAA CLO Active ETF | 0.68% | 2.21B | Jan 2023 | PSQA vs CLOA | |
| TCW AAA CLO ETF | 0.72% | 515.18M | Nov 2024 | PSQA vs ACLO |
Lowest Drawdown Alternatives to PSQA
PSQA has a 1-year max drawdown of -0.78%. There are 11 ETFs in the CLO category with shallower 1-year drawdowns, going as shallow as -0.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | -0.17% | 11.25B | Jul 2023 | PSQA vs PAAA | |
| iShares AAA CLO Active ETF | -0.18% | 2.21B | Jan 2023 | PSQA vs CLOA | |
| Virtus SEIX AAA Private Credit CLO ETF | -0.26% | — | Dec 2024 | PSQA vs PCLO | |
| TCW AAA CLO ETF | -0.27% | 515.18M | Nov 2024 | PSQA vs ACLO | |
| Invesco AAA CLO Floating Rate Note ETF | -0.31% | 530.45M | Dec 2022 | PSQA vs ICLO |
Other ETFs from Palmer Square
The 1 most viewed Palmer Square ETFs shown here include PSQO and span 1 categories. AUM among these funds goes as high as $101M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Palmer Square Credit Opportunities ETF | Multisector Bonds | 97 | 2.50% | 101.21M | Sep 2024 | PSQA vs PSQO |
Often Compared With PSQA
Investors most often compare PSQA with JA, AAAC, FAAA. These 11 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Janus Henderson AA-A CLO ETF | CLO | — | — | 147.52M | Feb 2026 | PSQA vs JA | |
| Columbia AAA CLO ETF | CLO | — | 2.88% | 103.12M | Dec 2025 | PSQA vs AAAC | |
| Fidelity AAA CLO ETF | CLO | — | — | 60.08M | Feb 2026 | PSQA vs FAAA | |
| Eldridge AAA CLO ETF | CLO | 98 | 2.77% | 323.35M | Jul 2023 | PSQA vs CLOX | |
| Fidelity CLO ETF | CLO | — | — | 27.51M | Feb 2026 | PSQA vs FCLO | |
| BondBloxx Private Credit CLO ETF | CLO | 63 | 2.71% | — | Dec 2024 | PSQA vs PCMM | |
| Alternative Access First Priority CLO Bond ETF | CLO | 92 | 2.70% | 45.06M | Sep 2020 | PSQA vs AAA | |
| VanEck CLO ETF | CLO | 98 | 2.80% | 1.53B | Jun 2022 | PSQA vs CLOI | |
| Janus Henderson B-BBB CLO ETF | CLO | 52 | 2.79% | 1.41B | Jan 2022 | PSQA vs JBBB | |
| Hartford AAA CLO ETF | CLO | 94 | 2.74% | 110.76M | May 2018 | PSQA vs TRPA | |
| VanEck AA-BB CLO ETF | CLO, Investment Grade Bonds, High Yield Bonds, Actively Managed | 83 | 2.83% | 186.65M | Sep 2024 | PSQA vs CLOB |
Compare PSQA with Any Fund or Stock
Compare PSQA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSQA with funds that move differently
Palmer Square CLO Senior Debt ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSQA.
Explore PSQA Diversifiers