PSQA vs NHYM
Comparison between Palmer Square CLO Senior Debt ETF (PSQA, ETF) and NUVEEN HIGH YIELD MUNICIPAL INCOME ETF (NHYM, ETF).
PSQA vs NHYM - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PSQA
$136M
Winner
NHYM
$137M
Expense Ratio
Winner
PSQA
0.21%
NHYM
0.35%
Max Drawdown
Winner
PSQA
1.48%
NHYM
7.17%
Sharpe Ratio
PSQA
0.74
Winner
NHYM
1.13
5Y Beta
Winner
PSQA
0.02
NHYM
0.03
PSQA vs NHYM - Historical Returns
Returns include dividend reinvestment.
1M
PSQA
+0.32%
Winner
NHYM
+0.53%
3M
PSQA
+1.60%
Winner
NHYM
+1.87%
6M
PSQA
+2.62%
Winner
NHYM
+2.93%
1Y
PSQA
+5.62%
Winner
NHYM
+7.57%
Max(CAGR)
Winner
PSQA
+5.73%
NHYM
+4.19%
PSQA vs NHYM - Annual Returns (2024 - 2026)
Returns include dividend reinvestment.
| Year | PSQA | NHYM |
|---|---|---|
| 2026 | +2.27% | +2.26% |
| 2025 | +5.79% | +3.25% |
| 2024 | +1.75% | N/A |
PSQA vs NHYM Drawdown Comparison
The maximum drawdown for PSQA was -1.25%, occurring on Apr 10, 2025. Recovery took 36 trading sessions.
The maximum drawdown for NHYM was -6.11%, occurring on Apr 11, 2025. Recovery took 154 trading sessions.
The current PSQA drawdown is -0.05%. The current NHYM drawdown is -0.50%.
| Rank | PSQA | NHYM |
|---|---|---|
| #1 | -1.25% Mar 31, 2025 - May 21, 2025 | -6.11% Mar 3, 2025 - Oct 10, 2025 |
| #2 | -0.78% Dec 24, 2025 - Feb 5, 2026 | -2.77% Feb 27, 2026 - May 29, 2026 |
| #3 | -0.70% Apr 27, 2026 - May 1, 2026 | -0.94% Nov 24, 2025 - Jan 7, 2026 |
| #4 | -0.42% Feb 9, 2026 - Feb 23, 2026 | -0.76% Jan 14, 2026 - Feb 5, 2026 |
| #5 | -0.41% Apr 8, 2026 - Apr 27, 2026 | -0.67% Feb 10, 2025 - Feb 21, 2025 |
| #6 | -0.39% Nov 11, 2024 - Dec 2, 2024 | -0.63% Oct 27, 2025 - Nov 24, 2025 |
| #7 | -0.36% Feb 24, 2026 - Mar 25, 2026 | -0.50% Jun 9, 2026 - Jun 12, 2026 |
| #8 | -0.36% Oct 17, 2024 - Oct 25, 2024 | -0.26% Feb 17, 2026 - Feb 24, 2026 |
| #9 | -0.35% Oct 10, 2024 - Oct 17, 2024 | -0.22% Feb 10, 2026 - Feb 12, 2026 |
| #10 | -0.34% Mar 25, 2026 - Apr 8, 2026 | -0.16% Feb 5, 2025 - Feb 10, 2025 |
| #11 | -0.29% Nov 4, 2025 - Nov 12, 2025 | -0.11% May 29, 2026 - Jun 2, 2026 |
| #12 | -0.22% Aug 14, 2025 - Sep 3, 2025 | -0.10% Feb 5, 2026 - Feb 9, 2026 |
| #13 | -0.21% Oct 28, 2024 - Oct 30, 2024 | -0.10% Feb 24, 2025 - Feb 27, 2025 |
| #14 | -0.20% Oct 2, 2024 - Oct 7, 2024 | -0.09% Jun 4, 2026 - Jun 9, 2026 |
| #15 | -0.20% Feb 28, 2025 - Mar 31, 2025 | -0.09% Jan 30, 2025 - Feb 3, 2025 |
Correlation
Correlation between PSQA and NHYM is 0.80 which considered as a strong positive correlation - the stocks tend to move together.
0.80
-101
Dividend Comparison (2024 - 2026)
PSQA vs NHYM dividend yield comparison.
| Year | PSQA | NHYM |
|---|---|---|
| 2026 | 0.85% | 1.77% |
| 2025 | 4.48% | 4.06% |
| 2024 | 1.45% | 0.00% |
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