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BYLD vs FCLO

iShares Yield Optimized Bond ETF vs Fidelity CLO ETF

BYLD

iShares Yield Optimized Bond ETF

iShares

Annual cost

0.13%

Fund size

$387M

FCLO

Fidelity CLO ETF

Fidelity Investments

Annual cost

0.00%

Fund size

$25M

Key differences

  • FCLO costs 0.13% less per year.
  • BYLD is significantly larger than FCLO — larger funds tend to be more liquid and less likely to close.
  • BYLD follows a index tracking strategy; FCLO uses multi strategy.
  • BYLD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BYLDFCLO
Annual cost (TER)0.13%0.00%
Fund size (AUM)$387M$25M
Since20142026
Dividend yield5.35%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingmulti strategy
CAGR 1Y+7.7%N/A
CAGR 3Y+6.6%N/A
CAGR 5Y+2.4%N/A
Sharpe 3Y0.63N/A
Volatility 1Y3.86%
Max drawdown-14.75%-0.58%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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