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CLOI vs PFIG

VanEck CLO ETF vs Invesco Fundamental Investment Grade Corporate Bond ETF

CLOI

VanEck CLO ETF

VanEck

Annual cost

0.36%

Fund size

$1.3B

PFIG

Invesco Fundamental Investment Grade Corporate Bond ETF

Invesco

Annual cost

0.22%

Fund size

$113M

Key differences

  • PFIG costs 0.14% less per year.
  • CLOI is significantly larger than PFIG — larger funds tend to be more liquid and less likely to close.
  • CLOI follows a active selection strategy; PFIG uses index tracking.
  • Over the last 3 years, CLOI has delivered higher annualized returns.
  • PFIG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CLOIPFIG
Annual cost (TER)0.36%0.22%
Fund size (AUM)$1.3B$113M
Since20222011
Dividend yield5.44%4.37%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.7%+5.5%
CAGR 3Y+7.2%+5.3%
CAGR 5YN/A+1.5%
Sharpe 3Y1.320.40
Volatility 1Y1.21%3.09%
Max drawdown-3.36%-15.73%

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

Similar to CLOI and PFIG