PSQO vs. ABI
PSQO (Palmer Square Credit Opportunities ETF) and ABI (VictoryShares Pioneer Asset-Based Income ETF) are both Multisector Bonds funds. Over the past year, PSQO returned 5.55% vs 5.02% for ABI. At a 0.11 correlation, their price movements are largely independent. PSQO charges 0.52%/yr vs 0.65%/yr for ABI.
Performance
PSQO vs. ABI - Performance Comparison
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Returns By Period
In the year-to-date period, PSQO achieves a 2.03% return, which is significantly lower than ABI's 2.92% return.
PSQO
- 1D
- 0.17%
- 1M
- 0.59%
- YTD
- 2.03%
- 6M
- 2.03%
- 1Y
- 5.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ABI
- 1D
- -0.04%
- 1M
- 0.54%
- YTD
- 2.92%
- 6M
- 3.00%
- 1Y
- 5.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PSQO vs. ABI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PSQO Palmer Square Credit Opportunities ETF | 2.03% | 3.45% |
ABI VictoryShares Pioneer Asset-Based Income ETF | 2.92% | 2.05% |
Correlation
The correlation between PSQO and ABI is 0.11, 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 26, 2025 | 0.11 |
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Return for Risk
PSQO vs. ABI — Risk / Return Rank
PSQO
ABI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PSQO vs. ABI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Palmer Square Credit Opportunities ETF (PSQO) and VictoryShares Pioneer Asset-Based Income ETF (ABI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PSQO | ABI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.84 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 8.43 | — | — |
| Martin ratioReturn relative to average drawdown | 34.38 | — | — |
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Drawdowns
PSQO vs. ABI - Drawdown Comparison
The maximum PSQO drawdown since its inception was -0.76%, smaller than the maximum ABI drawdown of -0.95%. Use the drawdown chart below to compare losses from any high point for PSQO and ABI.
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Drawdown Indicators
| PSQO | ABI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.76% | -0.95% | +0.19% |
Max Drawdown (1Y)Largest decline over 1 year | -0.66% | -0.95% | +0.29% |
Current DrawdownCurrent decline from peak | 0.00% | -0.04% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -0.11% | -0.18% | +0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.16% | — | — |
Volatility
PSQO vs. ABI - Volatility Comparison
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Volatility by Period
| PSQO | ABI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.21% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.54% | 1.27% | +0.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.97% | 1.27% | +0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.97% | 1.27% | +0.70% |
PSQO vs. ABI - Expense Ratio Comparison
PSQO has a 0.52% expense ratio, which is lower than ABI's 0.65% expense ratio.
Dividends
PSQO vs. ABI - Dividend Comparison
PSQO's dividend yield for the trailing twelve months is around 4.54%, less than ABI's 5.69% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
ABI VictoryShares Pioneer Asset-Based Income ETF | 5.69% | 3.01% | 0.00% |
PSQO Palmer Square Credit Opportunities ETF | 4.54% | 4.45% | 1.40% |
Frequently Asked Questions
PSQO and ABI have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, PSQO leads with 5.55% vs 5.02% for ABI. 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.
Over the 1-year period, PSQO has performed better with a 5.55% return vs 5.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
PSQO is cheaper with a 0.52% expense ratio, compared with 0.65% for ABI.
ABI has the higher dividend yield at 5.69%, compared with 4.54% for PSQO.
They also come from different issuers: Palmer Square and VictoryShares. Their fees differ too: 0.52% for PSQO and 0.65% for ABI.
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