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CLOB vs FAAA

Vaneck Aa-bb Clo Etf vs Fidelity AAA CLO ETF

CLOB

VanEck AA-BB CLO ETF

VanEck

Annual cost

0.45%

Fund size

$167M

FAAA

Fidelity AAA CLO ETF

Fidelity Investments

Annual cost

0.00%

Fund size

$29M

Key differences

  • FAAA costs 0.45% less per year.
  • CLOB is significantly larger than FAAA — larger funds tend to be more liquid and less likely to close.
  • CLOB follows a active selection strategy; FAAA uses index tracking.

Side-by-side comparison

CLOBFAAA
Annual cost (TER)0.45%0.00%
Fund size (AUM)$167M$29M
Since20242026
Dividend yield6.55%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.7%N/A
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.03%
Max drawdown-5.54%-0.56%

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

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