P vs. PSQO
P (Everpure, Inc.) is a stock, while PSQO (Palmer Square Credit Opportunities ETF) is Multisector Bonds fund actively managed by Palmer Square. Over the past year, P returned 47.33% vs 5.72% for PSQO. At a 0.11 correlation, their price movements are largely independent.
Performance
P vs. PSQO - Performance Comparison
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Returns By Period
In the year-to-date period, P achieves a 20.64% return, which is significantly higher than PSQO's 1.63% return.
P
- 1D
- -2.58%
- 1M
- 11.12%
- YTD
- 20.64%
- 6M
- 17.41%
- 1Y
- 47.33%
- 3Y*
- 33.14%
- 5Y*
- 34.04%
- 10Y*
- 21.32%
PSQO
- 1D
- -0.17%
- 1M
- 0.53%
- YTD
- 1.63%
- 6M
- 2.13%
- 1Y
- 5.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
P vs. PSQO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
P Everpure, Inc. | 20.64% | 9.08% | 27.29% |
PSQO Palmer Square Credit Opportunities ETF | 1.63% | 7.05% | 1.96% |
Correlation
The correlation between P and PSQO is 0.08, 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 (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2024 | 0.11 |
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Return for Risk
P vs. PSQO — Risk / Return Rank
P
PSQO
P vs. PSQO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Everpure, Inc. (P) 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.
| P | PSQO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.00 | ||
| Sortino ratioReturn per unit of downside risk | -5.01 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.85 | -0.65 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 8.69 | -7.56 |
| Martin ratioReturn relative to average drawdown | 2.22 | 35.71 | -33.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| P | PSQO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.71 | 3.71 | -3.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 3.13 | -2.81 |
Drawdowns
P vs. PSQO - Drawdown Comparison
The maximum P drawdown since its inception was -69.43%, which is greater than PSQO's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for P and PSQO.
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Drawdown Indicators
| P | PSQO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.43% | -0.76% | -68.67% |
Max Drawdown (1Y)Largest decline over 1 year | -42.26% | -0.66% | -41.60% |
Max Drawdown (3Y)Largest decline over 3 years | -48.63% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -48.63% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -69.43% | — | — |
Current DrawdownCurrent decline from peak | -18.10% | -0.17% | -17.93% |
Average DrawdownAverage peak-to-trough decline | -24.44% | -0.11% | -24.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.42% | 0.16% | +21.26% |
Volatility
P vs. PSQO - Volatility Comparison
Everpure, Inc. (P) has a higher volatility of 26.95% compared to Palmer Square Credit Opportunities ETF (PSQO) at 0.57%. This indicates that P's price experiences larger fluctuations and is considered to be riskier than PSQO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| P | PSQO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.95% | 0.57% | +26.38% |
Volatility (6M)Calculated over the trailing 6-month period | 54.58% | 1.27% | +53.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.12% | 1.55% | +65.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.45% | 2.00% | +50.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.04% | 2.00% | +49.04% |
Dividends
P vs. PSQO - Dividend Comparison
P has not paid dividends to shareholders, while PSQO's dividend yield for the trailing twelve months is around 4.13%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
P Everpure, Inc. | 0.00% | 0.00% | 0.00% |
PSQO Palmer Square Credit Opportunities ETF | 4.13% | 4.45% | 1.40% |
Frequently Asked Questions
P and PSQO have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
P has higher volatility (26.95%) compared to PSQO (0.57%). In terms of maximum drawdown, P dropped -69.43% vs PSQO's -0.76%.
PSQO currently has the higher Sharpe Ratio (3.71 vs 0.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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