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HYBB vs CLOA

iShares BB Rated Corporate Bond ETF vs iShares AAA CLO Active ETF

HYBB

iShares BB Rated Corporate Bond ETF

iShares

Annual cost

0.25%

Fund size

$424M

CLOA

iShares AAA CLO Active ETF

iShares

Annual cost

0.20%

Fund size

$2.1B

Key differences

  • CLOA is significantly larger than HYBB — larger funds tend to be more liquid and less likely to close.
  • HYBB follows a index tracking strategy; CLOA uses active selection.
  • Over the last 3 years, HYBB has delivered higher annualized returns.

Side-by-side comparison

HYBBCLOA
Annual cost (TER)0.25%0.20%
Fund size (AUM)$424M$2.1B
Since20202023
Dividend yield6.07%5.09%
Asset classfixed incomefixed income
Regionglobal
Strategyindex trackingactive selection
CAGR 1Y+7.7%+5.5%
CAGR 3Y+8.2%+6.8%
CAGR 5Y+3.9%N/A
Sharpe 3Y0.892.57
Volatility 1Y3.32%0.72%
Max drawdown-15.27%-1.34%

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

Similar to HYBB and CLOA