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CLOA vs IGSB

iShares AAA CLO Active ETF vs iShares 1-5 Year Investment Grade Corporate Bond ETF

CLOA

iShares AAA CLO Active ETF

Annual cost

0.20%

Fund size

$2.1B

IGSB

iShares 1-5 Year Investment Grade Corporate Bond ETF

Annual cost

0.04%

Fund size

$21.9B

Key differences

  • IGSB costs 0.16% less per year.
  • IGSB is significantly larger than CLOA — larger funds tend to be more liquid and less likely to close.
  • CLOA follows a active selection strategy; IGSB uses index tracking.
  • Over the last 3 years, CLOA has delivered higher annualized returns.
  • IGSB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CLOAIGSB
Annual cost (TER)0.20%0.04%
Fund size (AUM)$2.1B$21.9B
Since20232007
Dividend yield5.09%4.53%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.5%+5.0%
CAGR 3Y+6.8%+5.6%
CAGR 5YN/A+2.5%
Sharpe 3Y2.570.81
Volatility 1Y0.72%1.94%
Max drawdown-1.34%-13.38%

Similar to CLOA and IGSB