Panagram BBB-B CLO ETF (CLOZ) 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 CLOZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CLOZ
CLOZ charges 0.50% annually. There are 24 ETFs in the CLO category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | 0.19% | 10.35B | Jul 2023 | CLOZ vs PAAA | |
| PGIM AAA CLO Aggregate Duration ETF | 0.19% | 26.23M | Jun 2026 | CLOZ vs AAAD | |
| Janus Henderson AAA CLO ETF | 0.20% | 29.17B | Oct 2020 | CLOZ vs JAAA | |
| iShares AAA CLO Active ETF | 0.20% | 2.15B | Jan 2023 | CLOZ vs CLOA | |
| Panagram AAA CLO ETF | 0.20% | 308.54M | Jul 2023 | CLOZ vs CLOX |
Best Risk-Adjusted Alternatives to CLOZ
CLOZ has a PortfoliosLab risk / return rank of 57. There are 14 ETFs in the CLO category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | 99 | 10.35B | Jul 2023 | CLOZ vs PAAA | |
| iShares AAA CLO Active ETF | 99 | 2.15B | Jan 2023 | CLOZ vs CLOA | |
| TCW AAA CLO ETF | 99 | 480.83M | Nov 2024 | CLOZ vs ACLO | |
| Virtus SEIX AAA Private Credit CLO ETF | 99 | — | Dec 2024 | CLOZ vs PCLO | |
| Janus Henderson AAA CLO ETF | 99 | 29.17B | Oct 2020 | CLOZ vs JAAA |
Top Performing CLOZ Alternatives (YTD)
CLOZ is at 2.78% YTD. There are 3 ETFs in the CLO category with higher YTD returns, going as high as 3.00%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares BBB-B CLO Active ETF | 3.00% | 83.86M | Jan 2025 | CLOZ vs BCLO | |
| AAM Crescent CLO ETF | 2.92% | 51.28M | Oct 2025 | CLOZ vs CLOC | |
| Reckoner Leveraged AAA CLO ETF | 2.90% | 27.61M | Jul 2025 | CLOZ vs RAAA | |
| TCW AAA CLO ETF | 2.71% | 480.83M | Nov 2024 | CLOZ vs ACLO | |
| Invesco Aaa CLO Floating Rate Note ETF | 2.66% | 508.14M | Dec 2022 | CLOZ vs ICLO |
Lowest Volatility Alternatives to CLOZ
CLOZ has 3.47% 1-year volatility. There are 24 ETFs in the CLO category with lower 1-year volatility, going as low as 0.43%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin BSP CLO ETF | 0.43% | 50.32M | — | CLOZ vs YCLO | |
| PGIM AAA CLO ETF | 0.47% | 10.35B | Jul 2023 | CLOZ vs PAAA | |
| NYLI Investment Grade CLO ETF | 0.48% | 46.50M | May 2026 | CLOZ vs CLOO | |
| iShares AAA CLO Active ETF | 0.67% | 2.15B | Jan 2023 | CLOZ vs CLOA | |
| TCW AAA CLO ETF | 0.73% | 480.83M | Nov 2024 | CLOZ vs ACLO |
Lowest Drawdown Alternatives to CLOZ
CLOZ has a 1-year max drawdown of -3.90%. There are 16 ETFs in the CLO category with shallower 1-year drawdowns, going as shallow as -0.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | -0.17% | 10.35B | Jul 2023 | CLOZ vs PAAA | |
| iShares AAA CLO Active ETF | -0.18% | 2.15B | Jan 2023 | CLOZ vs CLOA | |
| Virtus SEIX AAA Private Credit CLO ETF | -0.26% | — | Dec 2024 | CLOZ vs PCLO | |
| TCW AAA CLO ETF | -0.27% | 480.83M | Nov 2024 | CLOZ vs ACLO | |
| Invesco Aaa CLO Floating Rate Note ETF | -0.35% | 508.14M | Dec 2022 | CLOZ vs ICLO |
Often Compared With CLOZ
Investors most often compare CLOZ with JBBB, XCCC, MINT. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare CLOZ with Any Fund or Stock
Compare CLOZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CLOZ with funds that move differently
Panagram BBB-B CLO ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CLOZ.
Explore CLOZ Diversifiers