AAF First Priority CLO Bond ETF (AAA)

The chart shows the growth of $10,000 invested in AAF First Priority CLO Bond ETF on Sep 10, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,889 for a total return of roughly -1.11%. All prices are adjusted for splits and dividends.

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current AAF First Priority CLO Bond ETF Sharpe ratio is -0.84. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.

AAF First Priority CLO Bond ETF granted a 1.14% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.

The Drawdowns chart displays portfolio losses from any high point along the way.

The table below shows the maximum drawdowns of the AAF First Priority CLO Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the AAF First Priority CLO Bond ETF is 2.30%, recorded on Jun 24, 2022. The portfolio has not recovered from it yet.

Current AAF First Priority CLO Bond ETF volatility is 1.52%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.