PSQO vs FMAG
Comparison between Palmer Square Credit Opportunities ETF (PSQO, ETF) and FIDELITY MAGELLAN ETF (FMAG, ETF).
PSQO vs FMAG - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PSQO
$258M
Winner
FMAG
$258M
Expense Ratio
Winner
PSQO
0.52%
FMAG
0.57%
Max Drawdown
Winner
PSQO
1.99%
FMAG
33.02%
Sharpe Ratio
Winner
PSQO
1.13
FMAG
0.42
5Y Beta
Winner
PSQO
0.02
FMAG
1.08
P/E Ratio
PSQO
N/A
FMAG
33.06
Forward P/E
PSQO
N/A
FMAG
26.56
PEG Ratio
PSQO
N/A
FMAG
0.76
5Y EPS CAGR
PSQO
N/A
FMAG
31.53%
P/S Ratio
PSQO
N/A
FMAG
3.17
P/B Ratio
PSQO
N/A
FMAG
8.72
PSQO vs FMAG - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PSQO
+0.36%
FMAG
+0.11%
3M
PSQO
+1.77%
Winner
FMAG
+10.45%
6M
PSQO
+2.21%
Winner
FMAG
+6.41%
1Y
PSQO
+5.56%
Winner
FMAG
+8.81%
5Y(CAGR)
PSQO
N/A
FMAG
+11.07%
Max(CAGR)
PSQO
+6.19%
Winner
FMAG
+11.63%
PSQO vs FMAG - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | PSQO | FMAG |
|---|---|---|
| 2026 | +1.75% | +5.35% |
| 2025 | +6.94% | +10.44% |
| 2024 | +1.96% | +30.08% |
| 2023 | N/A | +31.66% |
| 2022 | N/A | -26.44% |
| 2021 | N/A | +25.37% |
PSQO vs FMAG Drawdown Comparison
The maximum drawdown for PSQO was -0.76%, occurring on Apr 11, 2025. Recovery took 21 trading sessions.
The maximum drawdown for FMAG was -32.93%, occurring on Oct 14, 2022. Recovery took 548 trading sessions.
The current PSQO drawdown is -0.05%. The current FMAG drawdown is -2.96%.
| Rank | PSQO | FMAG |
|---|---|---|
| #1 | -0.76% Mar 31, 2025 - Apr 30, 2025 | -32.93% Nov 19, 2021 - Jan 29, 2024 |
| #2 | -0.66% Feb 11, 2026 - Apr 7, 2026 | -20.12% Jan 23, 2025 - Jun 4, 2025 |
| #3 | -0.59% Oct 28, 2024 - Nov 29, 2024 | -13.97% Oct 28, 2025 - Apr 24, 2026 |
| #4 | -0.54% Oct 21, 2024 - Oct 28, 2024 | -10.20% Jul 10, 2024 - Sep 19, 2024 |
| #5 | -0.44% Oct 10, 2024 - Oct 21, 2024 | -8.12% Feb 12, 2021 - Apr 5, 2021 |
| #6 | -0.36% Sep 13, 2024 - Sep 20, 2024 | -6.95% Sep 3, 2021 - Oct 25, 2021 |
| #7 | -0.30% Feb 10, 2025 - Feb 21, 2025 | -6.17% Apr 29, 2021 - Jun 14, 2021 |
| #8 | -0.29% Mar 6, 2025 - Mar 31, 2025 | -6.16% Mar 21, 2024 - May 15, 2024 |
| #9 | -0.29% Oct 2, 2025 - Oct 16, 2025 | -5.90% Jun 2, 2026 - Jun 10, 2026 |
| #10 | -0.27% Oct 2, 2024 - Oct 8, 2024 | -4.65% Dec 4, 2024 - Jan 21, 2025 |
| #11 | -0.27% Jan 30, 2025 - Feb 10, 2025 | -4.02% Oct 14, 2024 - Nov 6, 2024 |
| #12 | -0.26% Sep 20, 2024 - Sep 30, 2024 | -3.33% Nov 8, 2024 - Dec 4, 2024 |
| #13 | -0.24% Feb 24, 2025 - Mar 6, 2025 | -3.21% Sep 22, 2025 - Oct 27, 2025 |
| #14 | -0.23% Oct 28, 2025 - Nov 12, 2025 | -3.15% May 14, 2026 - May 28, 2026 |
| #15 | -0.22% Sep 5, 2025 - Sep 18, 2025 | -2.45% Aug 12, 2025 - Sep 22, 2025 |
Correlation
Correlation between PSQO and FMAG is 0.79 which considered as a strong positive correlation - the stocks tend to move together.
0.79
-101
Dividend Comparison (2021 - 2026)
PSQO vs FMAG dividend yield comparison.
| Year | PSQO | FMAG |
|---|---|---|
| 2026 | 0.69% | 0.00% |
| 2025 | 4.45% | 0.09% |
| 2024 | 1.40% | 0.15% |
| 2023 | 0.00% | 0.34% |
| 2022 | 0.00% | 0.23% |
| 2021 | 0.00% | 0.03% |
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