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BCLO vs HYBB

iShares BBB-B CLO Active ETF vs iShares BB Rated Corporate Bond ETF

BCLO

iShares BBB-B CLO Active ETF

Annual cost

0.45%

Fund size

$74M

HYBB

iShares BB Rated Corporate Bond ETF

Annual cost

0.25%

Fund size

$424M

Key differences

  • HYBB costs 0.20% less per year.
  • HYBB is significantly larger than BCLO — larger funds tend to be more liquid and less likely to close.
  • BCLO follows a active selection strategy; HYBB uses index tracking.
  • HYBB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BCLOHYBB
Annual cost (TER)0.45%0.25%
Fund size (AUM)$74M$424M
Since20252020
Dividend yield6.76%6.07%
Asset classfixed incomefixed income
Regionglobal
Strategyactive selectionindex tracking
CAGR 1Y+7.3%+7.7%
CAGR 3YN/A+8.2%
CAGR 5YN/A+3.9%
Sharpe 3YN/A0.89
Volatility 1Y2.09%3.32%
Max drawdown-4.46%-15.27%

Similar to BCLO and HYBB