FMAG vs PSQO

Comparison between FIDELITY MAGELLAN ETF (FMAG, ETF) and Palmer Square Credit Opportunities ETF (PSQO, ETF).

FMAG vs PSQO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FMAG(ETF)	PSQO(ETF)
Net Assets	$258M	$258M
Expense Ratio	0.57%	0.52%
Max Drawdown	33.02%	1.99%
Sharpe Ratio	0.42	1.13
5Y Beta	1.08	0.02
P/E Ratio	33.06	N/A
Forward P/E	26.56	N/A
PEG Ratio	0.76	N/A
5Y EPS CAGR	31.53%	N/A
P/S Ratio	3.17	N/A
P/B Ratio	8.72	N/A

Net Assets

Winner

FMAG

$258M

PSQO

$258M

Expense Ratio

FMAG

0.57%

Winner

PSQO

0.52%

Max Drawdown

FMAG

33.02%

Winner

PSQO

1.99%

Sharpe Ratio

FMAG

0.42

Winner

PSQO

1.13

5Y Beta

FMAG

1.08

Winner

PSQO

0.02

P/E Ratio

FMAG

33.06

PSQO

N/A

Forward P/E

FMAG

26.56

PSQO

N/A

PEG Ratio

FMAG

0.76

PSQO

N/A

5Y EPS CAGR

FMAG

31.53%

PSQO

N/A

P/S Ratio

FMAG

3.17

PSQO

N/A

P/B Ratio

FMAG

8.72

PSQO

N/A

FMAG vs PSQO - Historical Returns

Returns include dividend reinvestment.

Period	FMAG	PSQO
1 month	+0.11%	+0.36%
3 months	+10.45%	+1.77%
6 months	+6.41%	+2.21%
1 year	+8.81%	+5.56%
5 years(CAGR)	+11.07%	N/A
Max(CAGR)	+11.63%	+6.19%

FMAG

+0.11%

Winner

PSQO

+0.36%

Winner

FMAG

+10.45%

PSQO

+1.77%

Winner

FMAG

+6.41%

PSQO

+2.21%

Winner

FMAG

+8.81%

PSQO

+5.56%

5Y(CAGR)

FMAG

+11.07%

PSQO

N/A

Max(CAGR)

Winner

FMAG

+11.63%

PSQO

+6.19%

FMAG vs PSQO - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FMAG	PSQO
2026	+5.35%	+1.75%
2025	+10.44%	+6.94%
2024	+30.08%	+1.96%
2023	+31.66%	N/A
2022	-26.44%	N/A
2021	+25.37%	N/A

FMAG vs PSQO Drawdown Comparison

The maximum drawdown for FMAG was -32.93%, occurring on Oct 14, 2022. Recovery took 548 trading sessions.

The maximum drawdown for PSQO was -0.76%, occurring on Apr 11, 2025. Recovery took 21 trading sessions.

The current FMAG drawdown is -2.96%. The current PSQO drawdown is -0.05%.

Rank	FMAG	PSQO
#1	-32.93% Nov 19, 2021 - Jan 29, 2024	-0.76% Mar 31, 2025 - Apr 30, 2025
#2	-20.12% Jan 23, 2025 - Jun 4, 2025	-0.66% Feb 11, 2026 - Apr 7, 2026
#3	-13.97% Oct 28, 2025 - Apr 24, 2026	-0.59% Oct 28, 2024 - Nov 29, 2024
#4	-10.20% Jul 10, 2024 - Sep 19, 2024	-0.54% Oct 21, 2024 - Oct 28, 2024
#5	-8.12% Feb 12, 2021 - Apr 5, 2021	-0.44% Oct 10, 2024 - Oct 21, 2024
#6	-6.95% Sep 3, 2021 - Oct 25, 2021	-0.36% Sep 13, 2024 - Sep 20, 2024
#7	-6.17% Apr 29, 2021 - Jun 14, 2021	-0.30% Feb 10, 2025 - Feb 21, 2025
#8	-6.16% Mar 21, 2024 - May 15, 2024	-0.29% Mar 6, 2025 - Mar 31, 2025
#9	-5.90% Jun 2, 2026 - Jun 10, 2026	-0.29% Oct 2, 2025 - Oct 16, 2025
#10	-4.65% Dec 4, 2024 - Jan 21, 2025	-0.27% Oct 2, 2024 - Oct 8, 2024
#11	-4.02% Oct 14, 2024 - Nov 6, 2024	-0.27% Jan 30, 2025 - Feb 10, 2025
#12	-3.33% Nov 8, 2024 - Dec 4, 2024	-0.26% Sep 20, 2024 - Sep 30, 2024
#13	-3.21% Sep 22, 2025 - Oct 27, 2025	-0.24% Feb 24, 2025 - Mar 6, 2025
#14	-3.15% May 14, 2026 - May 28, 2026	-0.23% Oct 28, 2025 - Nov 12, 2025
#15	-2.45% Aug 12, 2025 - Sep 22, 2025	-0.22% Sep 5, 2025 - Sep 18, 2025