Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
CLOZ Performance Chart
Panagram BBB-B CLO ETF (CLOZ) is up 2.3% since the beginning of the year. CLOZ is currently trading at $26 per share.
Loading charts...
Returns By Period
Panagram BBB-B CLO ETF (CLOZ) has returned 2.26% so far this year and 5.55% over the past 12 months.
Panagram BBB-B CLO ETF
- 1D
- 0.00%
- 1M
- -0.17%
- YTD
- 2.26%
- 6M
- 2.50%
- 1Y
- 5.55%
- 3Y*
- 9.99%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
CLOZ Monthly Returns History
Based on dividend-adjusted daily data since Jan 24, 2023, CLOZ's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, an investment would double in approximately 7.2 years.
Historically, 88% of months were positive and 12% were negative. The best month was Apr 2026 with a return of +3.6%, while the worst month was Feb 2026 at -3.4%. The longest winning streak lasted 23 consecutive months, and the longest losing streak was 1 months.
On a daily basis, CLOZ closed higher 63% of trading days. The best single day was Apr 9, 2025 with a return of +2.2%, while the worst single day was Apr 4, 2025 at -2.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.13% | -3.40% | 0.39% | 3.58% | 0.98% | -0.33% | 2.26% | ||||||
| 2025 | 1.04% | 0.03% | -1.35% | 0.05% | 2.71% | -0.02% | 0.93% | 1.05% | 0.21% | 0.15% | 0.45% | 0.63% | 5.99% |
| 2024 | 1.21% | 0.72% | 1.19% | 1.28% | 1.01% | 0.55% | 0.92% | 0.55% | 0.53% | 0.78% | 1.71% | 0.80% | 11.85% |
| 2023 | 0.80% | 0.87% | -0.56% | 1.64% | 0.12% | 1.82% | 3.17% | 1.39% | 1.13% | 0.20% | 1.77% | 1.75% | 14.99% |
Benchmark Metrics
Panagram BBB-B CLO ETF has an annualized alpha of 8.08%, beta of 0.11, and R2 of 0.18 versus S&P 500 Index. Calculated based on daily prices since January 24, 2023.
- This ETF captured 27.37% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -7.89%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.11 may look defensive, but with R2 of 0.18 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.18 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 8.08%
- Beta
- 0.11
- R²
- 0.18
- Upside Capture
- 27.37%
- Downside Capture
- -7.89%
Expense Ratio
CLOZ has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CLOZ ranks 44 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Panagram BBB-B CLO ETF (CLOZ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CLOZ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.37 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | 2.78 | -1.36 |
| Martin ratioReturn relative to average drawdown | 4.74 | 12.44 | -7.70 |
Dividends
Dividend History
Panagram BBB-B CLO ETF provided a 7.41% dividend yield over the last twelve months, with an annual payout of $1.95 per share.
| Period | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $1.95 | $2.02 | $2.45 | $2.33 |
Dividend yield | 7.41% | 7.63% | 9.09% | 8.81% |
Monthly Dividends
The table displays the monthly dividend distributions for Panagram BBB-B 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.16 | $0.17 | $0.16 | $0.14 | $0.15 | $0.78 | ||||||
| 2025 | $0.00 | $0.16 | $0.15 | $0.20 | $0.18 | $0.16 | $0.16 | $0.17 | $0.18 | $0.17 | $0.17 | $0.33 | $2.02 |
| 2024 | $0.00 | $0.22 | $0.21 | $0.21 | $0.20 | $0.20 | $0.19 | $0.20 | $0.21 | $0.20 | $0.23 | $0.39 | $2.45 |
| 2023 | $0.05 | $0.17 | $0.26 | $0.22 | $0.21 | $0.26 | $0.20 | $0.26 | $0.15 | $0.19 | $0.37 | $2.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Panagram BBB-B 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 Panagram BBB-B CLO ETF was 5.32%, occurring on Apr 8, 2025. Recovery took 25 trading sessions.
The current Panagram BBB-B CLO ETF drawdown is 0.38%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -5.32%Apr 2025 | 1mo 10d | 1mo 6d | 2mo 16dFeb 2025 - May 2025 |
2026 pullback2026 | -3.90%Mar 2026 | 1mo 12d | 1mo 11d | 2mo 23dFeb 2026 - Apr 2026 |
2023 pullback2023 | -2.70%Mar 2023 | 18d | 27d | 1mo 15dFeb 2023 - Apr 2023 |
2024 pullback2024 | -1.39%Aug 2024 | 8d | 15d | 23dJul 2024 - Aug 2024 |
2025 pullback2025 | -1.12%Oct 2025 | 7d | 1mo 11d | 1mo 18dOct 2025 - Nov 2025 |
Drawdown Indicators
| CLOZ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.32% | -56.78% | +51.46% |
Max Drawdown (1Y)Largest decline over 1 year | -3.90% | -9.10% | +5.20% |
Max Drawdown (3Y)Largest decline over 3 years | -5.32% | -18.90% | +13.58% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.38% | -1.80% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -0.38% | -10.71% | +10.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.17% | 2.03% | -0.86% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with CLOZ
Add Panagram BBB-B CLO ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with CLOZ