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LQDB vs CLOA

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

LQDB

iShares BBB Rated Corporate Bond ETF

Annual cost

0.15%

Fund size

$52M

CLOA

iShares AAA CLO Active ETF

Annual cost

0.20%

Fund size

$2.1B

Key differences

  • LQDB costs 0.05% less per year.
  • CLOA is significantly larger than LQDB — larger funds tend to be more liquid and less likely to close.
  • LQDB follows a index tracking strategy; CLOA uses active selection.

Side-by-side comparison

LQDBCLOA
Annual cost (TER)0.15%0.20%
Fund size (AUM)$52M$2.1B
Since20212023
Dividend yield4.63%5.09%
Asset classfixed incomefixed income
Regionglobal
Strategyindex trackingactive selection
CAGR 1Y+6.9%+5.5%
CAGR 3Y+5.8%+6.8%
CAGR 5YN/AN/A
Sharpe 3Y0.412.57
Volatility 1Y4.15%0.72%
Max drawdown-21.63%-1.34%

Similar to LQDB and CLOA