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CLOB vs VRP

Vaneck Aa-bb Clo Etf vs Invesco Variable Rate Preferred ETF

CLOB

VanEck AA-BB CLO ETF

VanEck

Annual cost

0.45%

Fund size

$167M

VRP

Invesco Variable Rate Preferred ETF

Invesco

Annual cost

0.50%

Fund size

$2.6B

Key differences

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

Side-by-side comparison

CLOBVRP
Annual cost (TER)0.45%0.50%
Fund size (AUM)$167M$2.6B
Since20242014
Dividend yield6.55%6.39%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.5%+7.6%
CAGR 3YN/A+10.4%
CAGR 5YN/A+4.5%
Sharpe 3YN/A1.46
Volatility 1Y3.03%2.89%
Max drawdown-5.54%-46.04%

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

Similar to CLOB and VRP