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Panagram Bbb-B Clo ETF (CLOZ)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US81752T5285

Issuer

Panagram

Inception Date

Jan 23, 2023

Category

Bank Loan

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

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:
CLOZ vs. JBBB CLOZ vs. BSJQ CLOZ vs. TFLR CLOZ vs. SEIX CLOZ vs. JAAA CLOZ vs. MINT CLOZ vs. ECCC CLOZ vs. USFR CLOZ vs. FEQIX CLOZ vs. SVOL
Popular comparisons:
CLOZ vs. JBBB CLOZ vs. BSJQ CLOZ vs. TFLR CLOZ vs. SEIX CLOZ vs. JAAA CLOZ vs. MINT CLOZ vs. ECCC CLOZ vs. USFR CLOZ vs. FEQIX CLOZ vs. SVOL

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Panagram Bbb-B 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.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.25%
12.84%
CLOZ (Panagram Bbb-B Clo ETF)
Benchmark (^GSPC)

Returns By Period

Panagram Bbb-B Clo ETF had a return of 10.79% year-to-date (YTD) and 12.86% in the last 12 months.


CLOZ

YTD

10.79%

1M

1.78%

6M

5.17%

1Y

12.86%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

25.53%

1M

3.09%

6M

12.87%

1Y

31.32%

5Y (annualized)

13.73%

10Y (annualized)

11.25%

Monthly Returns

The table below presents the monthly returns of CLOZ, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20241.21%0.72%1.19%1.28%1.02%0.55%0.92%0.55%0.52%0.78%10.79%
20230.74%0.87%-0.56%1.64%0.12%1.82%3.17%1.39%1.13%0.20%1.77%1.75%14.92%

Expense Ratio

CLOZ features an expense ratio of 0.50%, falling within the medium range.


Expense ratio chart for CLOZ: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of CLOZ is 99, placing it in the top 1% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of CLOZ is 9999
Overall Rank
The Sharpe Ratio Rank of CLOZ is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of CLOZ is 9999
Sortino Ratio Rank
The Omega Ratio Rank of CLOZ is 9999
Omega Ratio Rank
The Calmar Ratio Rank of CLOZ is 9898
Calmar Ratio Rank
The Martin Ratio Rank of CLOZ is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Panagram Bbb-B Clo ETF (CLOZ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for CLOZ, currently valued at 6.17, compared to the broader market-2.000.002.004.006.172.56
The chart of Sortino ratio for CLOZ, currently valued at 8.81, compared to the broader market-2.000.002.004.006.008.0010.0012.008.813.42
The chart of Omega ratio for CLOZ, currently valued at 3.14, compared to the broader market0.501.001.502.002.503.003.141.48
The chart of Calmar ratio for CLOZ, currently valued at 9.28, compared to the broader market0.005.0010.0015.009.283.69
The chart of Martin ratio for CLOZ, currently valued at 56.46, compared to the broader market0.0020.0040.0060.0080.00100.00120.0056.4616.38
CLOZ
^GSPC

The current Panagram Bbb-B Clo ETF Sharpe ratio is 6.17. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Panagram Bbb-B Clo ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.002.003.004.005.006.007.008.00JuneJulyAugustSeptemberOctoberNovember
6.17
2.56
CLOZ (Panagram Bbb-B Clo ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Panagram Bbb-B Clo ETF provided a 8.98% dividend yield over the last twelve months, with an annual payout of $2.43 per share.


8.81%$0.00$0.50$1.00$1.50$2.002023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$2.43$2.33

Dividend yield

8.98%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.22$0.21$0.22$0.20$0.20$0.19$0.20$0.21$0.20$0.23$2.06
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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.23%
CLOZ (Panagram Bbb-B Clo ETF)
Benchmark (^GSPC)

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 2.70%, occurring on Mar 14, 2023. Recovery took 18 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-2.7%Feb 24, 202313Mar 14, 202318Apr 10, 202331
-1.39%Jul 30, 20247Aug 7, 202411Aug 22, 202418
-0.59%May 2, 20239May 12, 202310May 26, 202319
-0.56%Dec 21, 20231Dec 21, 20236Jan 2, 20247
-0.42%Jan 3, 20241Jan 3, 20245Jan 10, 20246

Volatility

Volatility Chart

The current Panagram Bbb-B Clo ETF volatility is 0.51%, 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.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.51%
3.97%
CLOZ (Panagram Bbb-B Clo ETF)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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