PSQOvsPMIOETF Comparison
VS
Palmer Square Credit Opportunities ETF (PSQO) belongs to the US Aggregate Bonds segment. PGIM Municipal Income Opportunities ETF (PMIO) is part of the Municipal Bonds segment. PSQO's top 3 sector exposures are Sovereign, Industrials and Utilities. In contrast, PMIO's top sector exposures are Municipal and Non-Corporate. PSQO is more expensive with a Total Expense Ratio (TER) of 0.52%, versus 0.25% for PMIO. PSQO is up 3.01% year-to-date (YTD) with +$173M in YTD flows. PMIO performs worse with 0.88% YTD performance, and +$15M in YTD flows. Run a side-by-side ETF comparison of PSQO and PMIO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
PSQO vs PMIO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PSQO PMIO | +0.48%-0.13% | +1.29%-0.71% | +3.01%+0.88% | +5.08%+4.17% | n/an/a | n/an/a |
| Flows | PSQO PMIO | +$17M- | +$36M+$3M | +$173M+$15M | +$209M+$24M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PSQO PMIO | +0.49%+2.14% | +0.67%+2.03% | n/an/a | n/an/a |
| Max drawdown | PSQO PMIO | -0.08%-1.62% | -0.68%-2.30% | n/an/a | n/an/a |
| Max drawdown duration | PSQO PMIO | 7d57d | 40d108d | n/an/a | n/an/a |
Trading data
PSQO | PMIO | |
Last sale 9/2/2026 at 1:30 PM | $20.84 | $49.96 |
| Previous close 09/02/2026 | $20.83 | $50.01 |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 9/2/2026 at 1:30 PM
Live
Closed
PSQO | PMIO | |
|---|---|---|
| Last price | $20.84 | $49.96 |
| 1D performance | +0.04% | -0.10% |
| AuM | $293.91 M | $49.99 M |
| E/R | 0.52% | 0.25% |
Characteristics
PSQO | PMIO | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Palmer Square | PGIM |
| Benchmark | - | - |
| N° of holdings | 168 | 3899 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 11, 2024 | June 28, 2024 |
| ESG | No | No |
Advertisement
Exposure
Countries
PSQO
USA
36.63%
Other
63.37%
PMIO
USA
37.59%
Other
62.41%
Sectors
PSQO
Sovereign
11.25%
Industrials
7.71%
Other
81.04%
PMIO
Municipal
35.68%
Other
64.32%
Advertisement
Diversification
PSQO
Total weight of top 15 holdings out of 15
17.98%
PMIO
Total weight of top 15 holdings out of 15
29.74%
Top 15 holdings
Data as of July 31, 2026
PSQO
Fidelity Investments Money Market Treasury Portfolio
2.18%
USA, Notes 3.5% 31jan2028, USD (U-2028)
1.96%
USA, Notes 4% 31may2028, USD (BC-2028)
1.81%
USA, Notes 3.875% 31dec2027, USD (AH-2027)
1.80%
USA, Notes 4% 31jan2029, USD (U-2029)
1.54%
USA, Bills 0% 5nov2026, USD (182D)
1.26%
USA, Bills 0% 19nov2026, USD (182D)
1.26%
US14317KAQ76
1.09%
US38190MAJ09
0.73%
US89640AAY29
0.73%
US29002GAU58
0.73%
US14315GAW50
0.73%
Elmwood CLO 2025-1A, FRN 22apr2038, USD (ABS, A)
0.73%
US671000AL11
0.72%
US55956CAA99
0.72%
PMIO
Black Belt Energy Gas District, 5.5% 1jun2049, USD (2023)
2.50%
US34074HJC79
2.30%
Illinois Toll Highway Authority, 5% 1jan2045, USD
2.29%
US74442PB613
2.21%
Kentucky Public Energy Authority, 5.25% 1apr2054, USD (2023)
2.11%
County of Utah, 5% 15may2043, USD (2020A)
2.07%
New York Liberty Development Corp., 2.45% 15sep2069, USD (2019)
2.03%
US63607WBD56
1.91%
PGIM Core Government Money Market Fund
1.90%
US63607WBN39
1.84%
National Finance Authority, 6.5% 1dec2034, USD (2026)
1.81%
US63607DAB29
1.76%
US64985STJ23
1.68%
US924190WL18
1.68%
US92708HAQ74
1.66%
Frequently asked questions about PSQO and PMIO
How have the PSQO and PMIO ETFs performed in 2026?
As of September 2, 2026, PSQO is up 3.01% year-to-date (YTD), while PMIO has returned 0.88%. That puts PSQO better performer ahead so far this year.
Which ETF is attracting more investor money: PSQO or PMIO?
Year-to-date, the PSQO ETF saw +$173M in flows, compared to +$15M for PMIO.
Which ETF is more volatile: PSQO or PMIO?
Over the past year, PSQO had a volatility of 0.67%, while PMIO experienced 2.03%.
Which ETF is bigger: PSQO or PMIO?
As of September 2, 2026, PSQO holds $293.91 M in assets under management (AUM), while PMIO manages $49.99 M.
What sectors do the PSQO and PMIO ETFs invest in?
PSQO leans toward sectors like Sovereign and Industrials. Meanwhile, PMIO focuses on Municipal.
What are the top holdings of the PSQO ETF and PMIO ETF?
PSQO top holdings include Fidelity Investments Money Market Treasury Portfolio, USA, Notes 3.5% 31jan2028, USD (U-2028) and USA, Notes 4% 31may2028, USD (BC-2028). PMIO holds in its top three: Black Belt Energy Gas District, 5.5% 1jun2049, USD (2023), US34074HJC79 and Illinois Toll Highway Authority, 5% 1jan2045, USD.
Which ETF is more diversified: PSQO or PMIO?
PSQO holds 426 securities with 17.98% of its assets in the top 15. PMIO has 6869 securities and a top 15 weight of 29.74%.
Advertisement
Advertisement
