BLUI vs. PSQO

Last updated Jun 5, 2026

BLUI (Bluemonte Diversified Income ETF) and PSQO (Palmer Square Credit Opportunities ETF) are both Multisector Bonds funds. At a 0.18 correlation, their price movements are largely independent. BLUI charges 0.75%/yr vs 0.52%/yr for PSQO.

Performance

BLUI vs. PSQO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Diversified Income ETF (BLUI) and Palmer Square Credit Opportunities ETF (PSQO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BLUI achieves a 3.69% return, which is significantly higher than PSQO's 1.68% return.

BLUI

• 1D: 0.41%
• 1M: 0.31%
• YTD: 3.69%
• 6M: 3.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PSQO

• 1D: 0.05%
• 1M: 0.43%
• YTD: 1.68%
• 6M: 2.31%
• 1Y: 5.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BLUI vs. PSQO - Yearly Performance Comparison

	2026 (YTD)	2025
BLUI Bluemonte Diversified Income ETF	3.69%	3.80%
PSQO Palmer Square Credit Opportunities ETF	1.68%	3.55%

Correlation

The correlation between BLUI and PSQO is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.18

Return for Risk

BLUI vs. PSQO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PSQO

PSQO Risk / Return Rank: 96
PSQO Sharpe Ratio Rank: 95
PSQO Sortino Ratio Rank: 97
PSQO Omega Ratio Rank: 97
PSQO Calmar Ratio Rank: 96
PSQO Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BLUI vs. PSQO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Diversified Income ETF (BLUI) and Palmer Square Credit Opportunities ETF (PSQO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BLUI	PSQO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.07	3.14	-1.06

Drawdowns

BLUI vs. PSQO - Drawdown Comparison

The maximum BLUI drawdown since its inception was -2.43%, which is greater than PSQO's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for BLUI and PSQO.

Drawdown Indicators

	BLUI	PSQO	Difference
Max Drawdown Largest peak-to-trough decline	-2.43%	-0.76%	-1.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.66%	—
Current Drawdown Current decline from peak	-0.02%	-0.12%	+0.10%
Average Drawdown Average peak-to-trough decline	-0.36%	-0.11%	-0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.16%	—

Volatility

Volatility by Period

	BLUI	PSQO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.90%	1.55%	+2.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.90%	2.00%	+1.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.90%	2.00%	+1.90%

BLUI vs. PSQO - Expense Ratio Comparison

BLUI has a 0.75% expense ratio, which is higher than PSQO's 0.52% expense ratio.

Dividends

BLUI vs. PSQO - Dividend Comparison

BLUI's dividend yield for the trailing twelve months is around 4.70%, more than PSQO's 4.13% yield.

Position	TTM	2025	2024
BLUI Bluemonte Diversified Income ETF	4.70%	2.91%	0.00%
PSQO Palmer Square Credit Opportunities ETF	4.13%	4.45%	1.40%

Frequently Asked Questions

Can I hold both BLUI and PSQO in my portfolio?

BLUI and PSQO have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BLUI or PSQO?

On fees, PSQO is cheaper at 0.52% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLUI or PSQO?

PSQO is cheaper with a 0.52% expense ratio, compared with 0.75% for BLUI.

Which ETF pays a higher dividend yield, BLUI or PSQO?

BLUI has the higher dividend yield at 4.70%, compared with 4.13% for PSQO.

What is the main difference between BLUI and PSQO?

They also come from different issuers: Bluemonte and Palmer Square. Their fees differ too: 0.75% for BLUI and 0.52% for PSQO.