Skip to content
Beacon
Screener

CLOA vs HYBB

iShares AAA CLO Active ETF vs iShares BB Rated Corporate Bond ETF

CLOA

iShares AAA CLO Active ETF

Annual cost

0.20%

Fund size

$2.1B

HYBB

iShares BB Rated Corporate Bond ETF

Annual cost

0.25%

Fund size

$424M

Key differences

  • CLOA is significantly larger than HYBB — larger funds tend to be more liquid and less likely to close.
  • CLOA follows a active selection strategy; HYBB uses index tracking.
  • Over the last 3 years, HYBB has delivered higher annualized returns.

Side-by-side comparison

CLOAHYBB
Annual cost (TER)0.20%0.25%
Fund size (AUM)$2.1B$424M
Since20232020
Dividend yield5.09%6.07%
Asset classfixed incomefixed income
Regionglobal
Strategyactive selectionindex tracking
CAGR 1Y+5.5%+7.7%
CAGR 3Y+6.8%+8.2%
CAGR 5YN/A+3.9%
Sharpe 3Y2.570.89
Volatility 1Y0.72%3.32%
Max drawdown-1.34%-15.27%

Similar to CLOA and HYBB