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CLOZ vs CLOA

Eldridge BBB-B CLO ETF vs iShares AAA CLO Active ETF

CLOZ

Eldridge BBB-B CLO ETF

Annual cost

0.50%

Fund size

$668M

CLOA

iShares AAA CLO Active ETF

Annual cost

0.20%

Fund size

$2.2B

Key differences

Both CLOZ and CLOA are fixed income ETFs. CLOZ charges 0.50% a year and CLOA 0.20%. The main difference: CLOA costs 0.30% less per year.

  • CLOA costs 0.30% less per year.
  • CLOA is much larger than CLOZ. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, CLOZ has delivered higher annualized returns.

Side-by-side comparison

CLOZCLOA
Annual cost (TER)0.50%0.20%
Fund size (AUM)$668M$2.2B
Since20232023
Dividend yield7.46%5.01%
Asset classfixed incomefixed income
Region
Strategyactive selectionactive selection
CAGR 1Y+6.1%+5.3%
CAGR 3Y+10.5%+6.8%
CAGR 5YN/AN/A
Sharpe 3Y1.772.55
Volatility 1Y3.43%0.70%
Max drawdown-5.32%-1.34%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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