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ICLO vs CLOA

Invesco AAA CLO Floating Rate Note ETF vs iShares AAA CLO Active ETF

ICLO

Invesco AAA CLO Floating Rate Note ETF

Invesco

Annual cost

0.19%

Fund size

$448M

CLOA

iShares AAA CLO Active ETF

iShares

Annual cost

0.20%

Fund size

$2.1B

Key differences

  • CLOA is significantly larger than ICLO — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

ICLOCLOA
Annual cost (TER)0.19%0.20%
Fund size (AUM)$448M$2.1B
Since20222023
Dividend yield5.26%5.09%
Asset classfixed incomefixed income
Region
Strategyactive selectionactive selection
CAGR 1Y+5.3%+5.6%
CAGR 3Y+6.7%+6.8%
CAGR 5YN/AN/A
Sharpe 3Y1.192.57
Volatility 1Y1.38%0.72%
Max drawdown-3.46%-1.34%

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

Similar to ICLO and CLOA