MANI vs. PSQO
MANI (Man Active Income ETF) and PSQO (Palmer Square Credit Opportunities ETF) are both Multisector Bonds funds. Both are actively managed. At a 0.04 correlation, their price movements are largely independent. MANI charges 0.85%/yr vs 0.52%/yr for PSQO.
Performance
MANI vs. PSQO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MANI achieves a 3.71% return, which is significantly higher than PSQO's 1.63% return.
MANI
- 1D
- -0.09%
- 1M
- 0.70%
- YTD
- 3.71%
- 6M
- 4.35%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PSQO
- 1D
- -0.05%
- 1M
- 0.31%
- YTD
- 1.63%
- 6M
- 2.11%
- 1Y
- 5.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MANI vs. PSQO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MANI Man Active Income ETF | 3.71% | 2.34% |
PSQO Palmer Square Credit Opportunities ETF | 1.63% | 1.60% |
Correlation
The correlation between MANI and PSQO is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 19, 2025 | 0.04 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MANI vs. PSQO — Risk / Return Rank
MANI
PSQO
MANI vs. PSQO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Man Active Income ETF (MANI) 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.
Loading charts...
Sharpe Ratios by Period
| MANI | PSQO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 4.24 | 3.12 | +1.13 |
Drawdowns
MANI vs. PSQO - Drawdown Comparison
The maximum MANI drawdown since its inception was -0.74%, roughly equal to the maximum PSQO drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for MANI and PSQO.
Loading charts...
Drawdown Indicators
| MANI | PSQO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.74% | -0.76% | +0.02% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.66% | — |
Current DrawdownCurrent decline from peak | -0.09% | -0.17% | +0.08% |
Average DrawdownAverage peak-to-trough decline | -0.11% | -0.11% | 0.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.16% | — |
Volatility
MANI vs. PSQO - Volatility Comparison
Loading charts...
Volatility by Period
| MANI | PSQO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.50% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.26% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.07% | 1.55% | +0.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.07% | 2.00% | +0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.07% | 2.00% | +0.07% |
MANI vs. PSQO - Expense Ratio Comparison
MANI has a 0.85% expense ratio, which is higher than PSQO's 0.52% expense ratio.
Dividends
MANI vs. PSQO - Dividend Comparison
MANI's dividend yield for the trailing twelve months is around 3.18%, less than PSQO's 4.13% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MANI Man Active Income ETF | 3.18% | 3.00% | 0.00% |
PSQO Palmer Square Credit Opportunities ETF | 4.13% | 4.45% | 1.40% |
Frequently Asked Questions
MANI and PSQO have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
PSQO is cheaper with a 0.52% expense ratio, compared with 0.85% for MANI.
PSQO has the higher dividend yield at 4.13%, compared with 3.18% for MANI.
They also come from different issuers: Man Group and Palmer Square. Their fees differ too: 0.85% for MANI and 0.52% for PSQO.
Find the right allocation for MANI and PSQO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer