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CLOB vs BAB

Vaneck Aa-bb Clo Etf vs Invesco Taxable Municipal Bond ETF

CLOB

VanEck AA-BB CLO ETF

VanEck

Annual cost

0.45%

Fund size

$167M

BAB

Invesco Taxable Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$1.0B

Key differences

  • BAB costs 0.17% less per year.
  • BAB is significantly larger than CLOB — larger funds tend to be more liquid and less likely to close.
  • CLOB follows a active selection strategy; BAB uses index tracking.
  • BAB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CLOBBAB
Annual cost (TER)0.45%0.28%
Fund size (AUM)$167M$1.0B
Since20242009
Dividend yield6.55%4.05%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.5%+7.0%
CAGR 3YN/A+4.4%
CAGR 5YN/A-0.3%
Sharpe 3YN/A0.14
Volatility 1Y3.03%5.94%
Max drawdown-5.54%-27.80%

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

Similar to CLOB and BAB