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CLOB vs VRIG

Vaneck Aa-bb Clo Etf vs Invesco Variable Rate Investment Grade ETF

CLOB

VanEck AA-BB CLO ETF

VanEck

Annual cost

0.45%

Fund size

$167M

VRIG

Invesco Variable Rate Investment Grade ETF

Invesco

Annual cost

0.30%

Fund size

$1.5B

Key differences

  • VRIG costs 0.15% less per year.
  • VRIG is significantly larger than CLOB — larger funds tend to be more liquid and less likely to close.
  • VRIG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CLOBVRIG
Annual cost (TER)0.45%0.30%
Fund size (AUM)$167M$1.5B
Since20242016
Dividend yield6.55%4.86%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+6.5%+5.0%
CAGR 3YN/A+6.1%
CAGR 5YN/A+4.4%
Sharpe 3YN/A2.92
Volatility 1Y3.03%0.50%
Max drawdown-5.54%-13.04%

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

Similar to CLOB and VRIG