VGMS vs. PSQO
Compare and contrast key facts about Vanguard Multi-Sector Income Bond ETF (VGMS) and Palmer Square Credit Opportunities ETF (PSQO).
VGMS and PSQO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VGMS is an actively managed fund by Vanguard. It was launched on Jun 9, 2025. PSQO is an actively managed fund by Palmer Square. It was launched on Sep 11, 2024.
Performance
VGMS vs. PSQO - Performance Comparison
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VGMS vs. PSQO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VGMS Vanguard Multi-Sector Income Bond ETF | -0.28% | 5.44% |
PSQO Palmer Square Credit Opportunities ETF | 0.19% | 3.77% |
Returns By Period
In the year-to-date period, VGMS achieves a -0.28% return, which is significantly lower than PSQO's 0.19% return.
VGMS
- 1D
- 0.79%
- 1M
- -1.38%
- YTD
- -0.28%
- 6M
- 1.27%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PSQO
- 1D
- 0.07%
- 1M
- -0.20%
- YTD
- 0.19%
- 6M
- 1.74%
- 1Y
- 5.48%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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VGMS vs. PSQO - Expense Ratio Comparison
VGMS has a 0.30% expense ratio, which is lower than PSQO's 0.52% expense ratio.
Return for Risk
VGMS vs. PSQO — Risk / Return Rank
VGMS
PSQO
VGMS vs. PSQO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Multi-Sector Income Bond ETF (VGMS) 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.
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Sharpe Ratios by Period
| VGMS | PSQO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 3.60 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.08 | 3.01 | -0.93 |
Correlation
The correlation between VGMS and PSQO is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
VGMS vs. PSQO - Dividend Comparison
VGMS's dividend yield for the trailing twelve months is around 3.83%, less than PSQO's 4.19% yield.
| TTM | 2025 | 2024 | |
|---|---|---|---|
VGMS Vanguard Multi-Sector Income Bond ETF | 3.83% | 2.94% | 0.00% |
PSQO Palmer Square Credit Opportunities ETF | 4.19% | 4.45% | 1.40% |
Drawdowns
VGMS vs. PSQO - Drawdown Comparison
The maximum VGMS drawdown since its inception was -2.46%, which is greater than PSQO's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for VGMS and PSQO.
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Drawdown Indicators
| VGMS | PSQO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.46% | -0.76% | -1.70% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.72% | — |
Current DrawdownCurrent decline from peak | -1.51% | -0.35% | -1.16% |
Average DrawdownAverage peak-to-trough decline | -0.27% | -0.11% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.20% | — |
Volatility
VGMS vs. PSQO - Volatility Comparison
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Volatility by Period
| VGMS | PSQO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.57% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.11% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.12% | 1.54% | +1.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.12% | 1.99% | +1.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.12% | 1.99% | +1.13% |