AAAD vs. CLOC
AAAD (PGIM AAA CLO Aggregate Duration ETF) and CLOC (AAM Crescent CLO ETF) are both CLO funds. Both are actively managed. Their -0.12 correlation means they have often moved in opposite directions in the past. AAAD charges 0.19%/yr vs 0.49%/yr for CLOC.
Performance
AAAD vs. CLOC - Performance Comparison
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Returns By Period
AAAD
- 1D
- 0.21%
- 1M
- -0.98%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
CLOC
- 1D
- -0.06%
- 1M
- 0.48%
- 6M
- 2.39%
- YTD
- 3.00%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.58K | $8.25K | $10.10K | |
| $63.87K | $57.35K | $95.79K |
AAAD vs. CLOC - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
AAAD PGIM AAA CLO Aggregate Duration ETF | -0.04% |
CLOC AAM Crescent CLO ETF | 0.64% |
Correlation
The correlation between AAAD and CLOC is -0.12, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 3, 2026 | -0.12 |
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Return for Risk
AAAD vs. CLOC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM AAA CLO Aggregate Duration ETF (AAAD) and AAM Crescent CLO ETF (CLOC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
AAAD vs. CLOC - Drawdown Comparison
The maximum AAAD drawdown since its inception was -1.37%, which is greater than CLOC's maximum drawdown of -0.54%. Use the drawdown chart below to compare losses from any high point for AAAD and CLOC.
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Drawdown Indicators
| AAAD | CLOC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.37% | -0.54% | -0.83% |
Current DrawdownCurrent decline from peak | -1.01% | -0.06% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -0.49% | -0.06% | -0.43% |
Volatility
AAAD vs. CLOC - Volatility Comparison
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Volatility by Period
| AAAD | CLOC | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 3.56% | 0.90% | +2.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.56% | 0.90% | +2.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.56% | 0.90% | +2.66% |
AAAD vs. CLOC - Expense Ratio Comparison
AAAD has a 0.19% expense ratio, which is lower than CLOC's 0.49% expense ratio.
Dividends
AAAD vs. CLOC - Dividend Comparison
AAAD's dividend yield for the trailing twelve months is around 0.03%, less than CLOC's 4.18% yield.
| Position | TTM | 2025 |
|---|---|---|
AAAD PGIM AAA CLO Aggregate Duration ETF | 0.03% | 0.00% |
CLOC AAM Crescent CLO ETF | 4.18% | 1.15% |
Frequently Asked Questions
AAAD and CLOC have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, AAAD is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AAAD is cheaper with a 0.19% expense ratio, compared with 0.49% for CLOC.
CLOC has the higher dividend yield at 4.18%, compared with 0.03% for AAAD.
They also come from different issuers: PGIM and AAM. Their fees differ too: 0.19% for AAAD and 0.49% for CLOC.
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