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CLOA vs ICLO

iShares AAA CLO Active ETF vs Invesco AAA CLO Floating Rate Note ETF

CLOA

iShares AAA CLO Active ETF

iShares

Annual cost

0.20%

Fund size

$2.1B

ICLO

Invesco AAA CLO Floating Rate Note ETF

Invesco

Annual cost

0.19%

Fund size

$448M

Key differences

  • CLOA is significantly larger than ICLO — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

CLOAICLO
Annual cost (TER)0.20%0.19%
Fund size (AUM)$2.1B$448M
Since20232022
Dividend yield5.09%5.26%
Asset classfixed incomefixed income
Region
Strategyactive selectionactive selection
CAGR 1Y+5.6%+5.3%
CAGR 3Y+6.8%+6.7%
CAGR 5YN/AN/A
Sharpe 3Y2.571.19
Volatility 1Y0.72%1.38%
Max drawdown-1.34%-3.46%

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

Similar to CLOA and ICLO