iShares AAA CLO Active ETF (CLOA) belongs to the CLO category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CLOA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CLOA
CLOA charges 0.20% annually. There are 3 ETFs in the CLO category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco AAA CLO Floating Rate Note ETF | 0.19% | 530.45M | Dec 2022 | CLOA vs ICLO | |
| PGIM AAA CLO ETF | 0.19% | 11.25B | Jul 2023 | CLOA vs PAAA | |
| PGIM AAA CLO Aggregate Duration ETF | 0.19% | 26.12M | Jun 2026 | CLOA vs AAAD | |
| TCW AAA CLO ETF | 0.20% | 515.18M | Nov 2024 | CLOA vs ACLO | |
| Eldridge AAA CLO ETF | 0.20% | 323.35M | Jul 2023 | CLOA vs CLOX |
Best Risk-Adjusted Alternatives to CLOA
CLOA has a PortfoliosLab risk / return rank of 99. There is 1 ETF in the CLO category with a higher risk-adjusted rank, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | 99 | 11.25B | Jul 2023 | CLOA vs PAAA | |
| TCW AAA CLO ETF | 99 | 515.18M | Nov 2024 | CLOA vs ACLO | |
| Virtus SEIX AAA Private Credit CLO ETF | 99 | — | Dec 2024 | CLOA vs PCLO | |
| Janus Henderson AAA CLO ETF | 99 | 29.22B | Oct 2020 | CLOA vs JAAA | |
| Invesco AAA CLO Floating Rate Note ETF | 98 | 530.45M | Dec 2022 | CLOA vs ICLO |
Top Performing CLOA Alternatives (YTD)
CLOA is at 2.81% YTD. There are 11 ETFs in the CLO category with higher YTD returns, going as high as 3.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares BBB-B CLO Active ETF | 3.25% | 84.14M | Jan 2025 | CLOA vs BCLO | |
| Eldridge BBB-B CLO ETF | 3.25% | 825.65M | Jan 2023 | CLOA vs CLOZ | |
| Reckoner Leveraged AAA CLO ETF | 3.12% | 27.61M | Jul 2025 | CLOA vs RAAA | |
| AAM Crescent CLO ETF | 3.12% | 51.28M | Oct 2025 | CLOA vs CLOC | |
| Nuveen AA-BBB CLO ETF | 3.07% | — | Dec 2024 | CLOA vs NCLO |
Lowest Volatility Alternatives to CLOA
CLOA has 0.68% 1-year volatility. There are 3 ETFs in the CLO category with lower 1-year volatility, going as low as 0.42%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin BSP CLO ETF | 0.42% | 50.39M | Jun 2026 | CLOA vs YCLO | |
| PGIM AAA CLO ETF | 0.47% | 11.25B | Jul 2023 | CLOA vs PAAA | |
| NYLI Investment Grade CLO ETF | 0.47% | 41.41M | May 2026 | CLOA vs CLOO | |
| TCW AAA CLO ETF | 0.72% | 515.18M | Nov 2024 | CLOA vs ACLO | |
| Janus Henderson AAA CLO ETF | 0.79% | 29.22B | Oct 2020 | CLOA vs JAAA |
Lowest Drawdown Alternatives to CLOA
CLOA has a 1-year max drawdown of -0.18%. There is 1 ETF in the CLO category with a shallower 1-year drawdown, going as shallow as -0.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | -0.17% | 11.25B | Jul 2023 | CLOA vs PAAA | |
| Virtus SEIX AAA Private Credit CLO ETF | -0.26% | — | Dec 2024 | CLOA vs PCLO | |
| TCW AAA CLO ETF | -0.27% | 515.18M | Nov 2024 | CLOA vs ACLO | |
| Invesco AAA CLO Floating Rate Note ETF | -0.31% | 530.45M | Dec 2022 | CLOA vs ICLO | |
| Janus Henderson AAA CLO ETF | -0.39% | 29.22B | Oct 2020 | CLOA vs JAAA |
Other ETFs from BlackRock
The 10 most viewed BlackRock ETFs shown here include BALI, PMMF, BLCR and span 12 categories. AUM among these funds goes as high as $6B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Blackrock Advantage Large Cap Income ETF | Derivative Income | 91 | 13.86% | 1.30B | Sep 2023 | CLOA vs BALI | |
| iShares Prime Money Market ETF | Money Market | 100 | 2.14% | 664.87M | Feb 2025 | CLOA vs PMMF | |
| Blackrock Large Cap Core ETF | Large Cap Blend Equities | 84 | 17.25% | 6.44B | Oct 2023 | CLOA vs BLCR | |
| BlackRock Floating Rate Loan ETF | Bank Loan | 39 | 1.35% | 53.66M | Oct 2022 | CLOA vs BRLN | |
| BlackRock World ex U.S. Carbon Transition Readines... | Alternative Energy Equities, Energy Equities | 60 | 9.67% | 285.99M | Apr 2021 | CLOA vs LCTD | |
| BlackRock Future Financial and Technology ETF | Financials Equities | 7 | 1.06% | 9.59M | Aug 2022 | CLOA vs BPAY | |
| Future Tech ETF | Technology Equities | — | — | 12.05M | Sep 2020 | CLOA vs BTEK | |
| Blackrock Large Cap Value ETF | Large Cap Value Equities | — | — | 335.27M | May 2023 | CLOA vs BLCV | |
| Future Health ETF | Health & Biotech Equities | 55 | 2.13% | 11.15M | Sep 2020 | CLOA vs BMED | |
| BlackRock U.S. Carbon Transition Readiness ETF | ESG, Sustainable | 66 | 10.19% | 1.21B | Apr 2021 | CLOA vs LCTU |
Often Compared With CLOA
Investors most often compare CLOA with CLOI, AAA, JBBB. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare CLOA with Any Fund or Stock
Compare CLOA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CLOA with funds that move differently
iShares AAA CLO Active ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CLOA.
Explore CLOA Diversifiers