Screener
QLTA vs ICLO
iShares Aaa - A Rated Corporate Bond ETF vs Invesco AAA CLO Floating Rate Note ETF
Key differences
- QLTA is significantly larger than ICLO — larger funds tend to be more liquid and less likely to close.
- QLTA follows a index tracking strategy; ICLO uses active selection.
- Over the last 3 years, ICLO has delivered higher annualized returns.
- QLTA has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| QLTA | ICLO | |
|---|---|---|
| Annual cost (TER) | 0.15% | 0.19% |
| Fund size (AUM) | $1.5B | $448M |
| Since | 2012 | 2022 |
| Dividend yield | 4.42% | 5.26% |
| Asset class | fixed income | fixed income |
| Region | global | — |
| Strategy | index tracking | active selection |
| CAGR 1Y | +6.2% | +5.7% |
| CAGR 3Y | +4.7% | +6.8% |
| CAGR 5Y | +0.4% | N/A |
| Sharpe 3Y | 0.21 | 1.22 |
| Volatility 1Y | 4.44% | 1.39% |
| Max drawdown | -22.27% | -3.46% |
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