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CLOA vs IGLB

iShares AAA CLO Active ETF vs iShares 10+ Year Investment Grade Corporate Bond ETF

CLOA

iShares AAA CLO Active ETF

Annual cost

0.20%

Fund size

$2.1B

IGLB

iShares 10+ Year Investment Grade Corporate Bond ETF

Annual cost

0.04%

Fund size

$2.7B

Key differences

  • IGLB costs 0.16% less per year.
  • CLOA follows a active selection strategy; IGLB uses index tracking.
  • Over the last 3 years, CLOA has delivered higher annualized returns.
  • IGLB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CLOAIGLB
Annual cost (TER)0.20%0.04%
Fund size (AUM)$2.1B$2.7B
Since20232009
Dividend yield5.09%5.28%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.5%+9.5%
CAGR 3Y+6.8%+5.0%
CAGR 5YN/A-1.2%
Sharpe 3Y2.570.18
Volatility 1Y0.72%8.01%
Max drawdown-1.34%-34.12%

Similar to CLOA and IGLB