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 is 1 ETF in the CLO category with a lower expense ratio, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | 0.19% | 10.61B | Jul 2023 | CLOA vs PAAA | |
| Janus Henderson AAA CLO ETF | 0.20% | 28.22B | Oct 2020 | CLOA vs JAAA | |
| Panagram AAA CLO ETF | 0.20% | 301.37M | Jul 2023 | CLOA vs CLOX | |
| Fidelity AAA CLO ETF | 0.20% | 45.04M | Feb 2026 | CLOA vs FAAA | |
| TCW AAA CLO ETF | 0.20% | 480.83M | Nov 2024 | CLOA vs ACLO |
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 | 10.61B | Jul 2023 | CLOA vs PAAA | |
| TCW AAA CLO ETF | 99 | 480.83M | Nov 2024 | CLOA vs ACLO | |
| Virtus SEIX AAA Private Credit CLO ETF | 99 | — | Dec 2024 | CLOA vs PCLO | |
| Janus Henderson AAA CLO ETF | 98 | 28.22B | Oct 2020 | CLOA vs JAAA | |
| Invesco Aaa CLO Floating Rate Note ETF | 97 | 499.59M | Dec 2022 | CLOA vs ICLO |
Top Performing CLOA Alternatives (YTD)
CLOA is at 2.26% YTD. There are 9 ETFs in the CLO category with higher YTD returns, going as high as 3.08%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares BBB-B CLO Active ETF | 3.08% | 74.23M | Jan 2025 | CLOA vs BCLO | |
| AAM Crescent CLO ETF | 2.65% | 51.28M | Oct 2025 | CLOA vs CLOC | |
| Reckoner Leveraged AAA CLO ETF | 2.63% | 27.61M | Jul 2025 | CLOA vs RAAA | |
| TCW AAA CLO ETF | 2.44% | 480.83M | Nov 2024 | CLOA vs ACLO | |
| Invesco Aaa CLO Floating Rate Note ETF | 2.36% | 499.59M | Dec 2022 | CLOA vs ICLO |
Lowest Volatility Alternatives to CLOA
CLOA has 0.69% 1-year volatility. There is 1 ETF in the CLO category with lower 1-year volatility, going as low as 0.47%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | 0.47% | 10.61B | Jul 2023 | CLOA vs PAAA | |
| TCW AAA CLO ETF | 0.73% | 480.83M | Nov 2024 | CLOA vs ACLO | |
| Janus Henderson AAA CLO ETF | 0.83% | 28.22B | Oct 2020 | CLOA vs JAAA | |
| Columbia AAA CLO ETF | 0.86% | 9.94M | Dec 2025 | CLOA vs AAAC | |
| AAM Crescent CLO ETF | 0.88% | 51.28M | Oct 2025 | CLOA vs CLOC |
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% | 10.61B | 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% | 480.83M | Nov 2024 | CLOA vs ACLO | |
| Invesco Aaa CLO Floating Rate Note ETF | -0.35% | 499.59M | Dec 2022 | CLOA vs ICLO | |
| Janus Henderson AAA CLO ETF | -0.39% | 28.22B | Oct 2020 | CLOA vs JAAA |
Other ETFs from BlackRock
The 10 most viewed BlackRock ETFs shown here include BALI, BRTR, BLCR and span 11 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 | 74 | 8.90% | 1.23B | Sep 2023 | CLOA vs BALI | |
| Blackrock Total Return ETF | Intermediate Core-Plus Bond | 37 | 0.63% | 714.52M | Dec 2023 | CLOA vs BRTR | |
| Blackrock Large Cap Core ETF | Large Cap Blend Equities | 82 | 16.77% | 6.33B | Oct 2023 | CLOA vs BLCR | |
| iShares Prime Money Market ETF | Money Market | 100 | 1.71% | 626.64M | Feb 2025 | CLOA vs PMMF | |
| BlackRock Floating Rate Loan ETF | Bank Loan | 50 | 1.25% | 53.61M | Oct 2022 | CLOA vs BRLN | |
| BlackRock World ex U.S. Carbon Transition Readines... | Alternative Energy Equities | 38 | 5.94% | 260.30M | Apr 2021 | CLOA vs LCTD | |
| BlackRock Future Financial and Technology ETF | Financials Equities | 4 | -10.19% | 8.97M | 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 | — | — | 331.27M | May 2023 | CLOA vs BLCV | |
| BlackRock U.S. Carbon Transition Readiness ETF | ESG, Sustainable | 54 | 6.71% | 1.48B | Apr 2021 | CLOA vs LCTU |
Often Compared With CLOA
Investors most often compare CLOA with CLOI, AAA, JBBB. These 20 comparison targets span 11 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