VanEck CLO ETF (CLOI)
The fund is an actively managed ETF focusing on investment grade-rated debt tranches of collateralized loan obligations, primarily in U.S. dollar-denominated securities. Up to 30% of net assets may be invested in foreign currency-denominated CLOs.
ETF Info
| ISIN | US92189H7483 |
|---|---|
| CUSIP | 92189H748 |
| Issuer | VanEck |
| Inception Date | Jun 21, 2022 |
| Category | Ultrashort Bond |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Home Page | www.vaneck.com |
| Asset Class | Bond |
Expense Ratio
CLOI has a high expense ratio of 0.40%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: CLOI vs. TIHGX, CLOI vs. FXAIX, CLOI vs. ONEQ, CLOI vs. ICLO, CLOI vs. JAAAX, CLOI vs. QQQ, CLOI vs. SMH, CLOI vs. GLD, CLOI vs. FLRT, CLOI vs. LQD
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VanEck CLO ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VanEck CLO ETF had a return of 3.03% year-to-date (YTD) and 8.82% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.03% | 7.26% |
| 1 month | 0.53% | -2.63% |
| 6 months | 4.55% | 22.78% |
| 1 year | 8.82% | 22.71% |
| 5 years (annualized) | N/A | 11.87% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.97% | 0.64% | 0.86% | |||||||||
| 2023 | 0.62% | 0.43% | 0.72% | 0.66% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CLOI is 99, placing it in the top 1% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
VanEck CLO ETF(CLOI)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck CLO ETF (CLOI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
VanEck CLO ETF granted a 5.89% dividend yield in the last twelve months. The annual payout for that period amounted to $3.11 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $3.11 | $2.93 | $1.13 |
Dividend yield | 5.89% | 5.61% | 2.23% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck CLO ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.33 | $0.26 | |||||||||
| 2023 | $0.00 | $0.28 | $0.17 | $0.25 | $0.22 | $0.27 | $0.24 | $0.23 | $0.28 | $0.23 | $0.25 | $0.49 |
| 2022 | $0.15 | $0.18 | $0.16 | $0.18 | $0.45 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck CLO ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck CLO ETF was 2.70%, occurring on Oct 14, 2022. Recovery took 42 trading sessions.
The current VanEck CLO ETF drawdown is 0.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.7% | Aug 19, 2022 | 40 | Oct 14, 2022 | 42 | Dec 14, 2022 | 82 |
| -1.29% | Jun 24, 2022 | 15 | Jul 15, 2022 | 11 | Aug 1, 2022 | 26 |
| -0.88% | Mar 9, 2023 | 9 | Mar 21, 2023 | 15 | Apr 12, 2023 | 24 |
| -0.43% | Apr 25, 2024 | 1 | Apr 25, 2024 | — | — | — |
| -0.32% | Nov 30, 2023 | 1 | Nov 30, 2023 | 9 | Dec 13, 2023 | 10 |
Volatility
Volatility Chart
The current VanEck CLO ETF volatility is 0.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.