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 8 ETFs in the CLO category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO Aggregate Duration ETF | 0.19% | 26.23M | Jun 2026 | PSQA vs AAAD | |
| PGIM AAA CLO ETF | 0.19% | 10.35B | Jul 2023 | PSQA vs PAAA | |
| TCW AAA CLO ETF | 0.20% | 480.83M | Nov 2024 | PSQA vs ACLO | |
| iShares AAA CLO Active ETF | 0.20% | 2.15B | Jan 2023 | PSQA vs CLOA | |
| Janus Henderson AAA CLO ETF | 0.20% | 29.17B | Oct 2020 | PSQA vs JAAA |
Best Risk-Adjusted Alternatives to PSQA
PSQA has a PortfoliosLab risk / return rank of 93. There are 9 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 | 10.35B | Jul 2023 | PSQA vs PAAA | |
| iShares AAA CLO Active ETF | 99 | 2.15B | Jan 2023 | PSQA vs CLOA | |
| TCW AAA CLO ETF | 99 | 480.83M | Nov 2024 | PSQA vs ACLO | |
| Virtus SEIX AAA Private Credit CLO ETF | 99 | — | Dec 2024 | PSQA vs PCLO | |
| Janus Henderson AAA CLO ETF | 99 | 29.17B | Oct 2020 | PSQA vs JAAA |
Top Performing PSQA Alternatives (YTD)
PSQA is at 2.89% YTD. There are 3 ETFs in the CLO category with higher YTD returns, going as high as 3.03%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares BBB-B CLO Active ETF | 3.03% | 83.86M | Jan 2025 | PSQA vs BCLO | |
| Panagram BBB-B CLO ETF | 3.02% | 825.65M | Jan 2023 | PSQA vs CLOZ | |
| Reckoner Leveraged AAA CLO ETF | 2.91% | 27.61M | Jul 2025 | PSQA vs RAAA | |
| AAM Crescent CLO ETF | 2.79% | 51.28M | Oct 2025 | PSQA vs CLOC | |
| TCW AAA CLO ETF | 2.71% | 480.83M | Nov 2024 | PSQA vs ACLO |
Lowest Volatility Alternatives to PSQA
PSQA has 2.44% 1-year volatility. There are 21 ETFs in the CLO category with lower 1-year volatility, going as low as 0.45%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin BSP CLO ETF | 0.45% | 50.32M | — | PSQA vs YCLO | |
| PGIM AAA CLO ETF | 0.47% | 10.35B | Jul 2023 | PSQA vs PAAA | |
| NYLI Investment Grade CLO ETF | 0.48% | 46.50M | May 2026 | PSQA vs CLOO | |
| iShares AAA CLO Active ETF | 0.67% | 2.15B | Jan 2023 | PSQA vs CLOA | |
| TCW AAA CLO ETF | 0.72% | 480.83M | 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% | 10.35B | Jul 2023 | PSQA vs PAAA | |
| iShares AAA CLO Active ETF | -0.18% | 2.15B | 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% | 480.83M | Nov 2024 | PSQA vs ACLO | |
| Invesco Aaa CLO Floating Rate Note ETF | -0.35% | 508.14M | 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 | 2.30% | 101.21M | Sep 2024 | PSQA vs PSQO |
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