ACLO vs. XIDV

Last updated Jul 17, 2026

ACLO (TCW AAA CLO ETF) and XIDV (Franklin International Dividend Booster Index ETF) are both exchange-traded funds - ACLO is a CLO fund actively managed by TCW, while XIDV is a Foreign Large Cap Equities fund tracking the VettaFi New Frontier International Dividend Select Index. ACLO is actively managed, while XIDV is passively managed. Over the past year, ACLO returned 5.26% vs 30.00% for XIDV. At a correlation of -0.10, they often move in opposite directions. ACLO charges 0.20%/yr vs 0.19%/yr for XIDV.

Performance

ACLO vs. XIDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW AAA CLO ETF (ACLO) and Franklin International Dividend Booster Index ETF (XIDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ACLO achieves a 2.75% return, which is significantly lower than XIDV's 14.75% return.

ACLO

• 1D: 0.04%
• 1M: 0.37%
• 6M: 2.43%
• YTD: 2.75%
• 1Y: 5.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XIDV

• 1D: 0.01%
• 1M: 0.58%
• 6M: 13.02%
• YTD: 14.75%
• 1Y: 30.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ACLO vs. XIDV - Yearly Performance Comparison

	2026 (YTD)	2025
ACLO TCW AAA CLO ETF	2.75%	4.81%
XIDV Franklin International Dividend Booster Index ETF	14.75%	40.77%

Correlation

The correlation between ACLO and XIDV is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.23
Correlation (All Time) Calculated using the full available price history since Jan 23, 2025	-0.10

The correlation between ACLO and XIDV shifts across timeframes, from -0.23 (1 year) to -0.10 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ACLO vs. XIDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACLO

ACLO Risk / Return Rank: 99
ACLO Sharpe Ratio Rank: 99
ACLO Sortino Ratio Rank: 99
ACLO Omega Ratio Rank: 99
ACLO Calmar Ratio Rank: 99
ACLO Martin Ratio Rank: 99

XIDV

XIDV Risk / Return Rank: 87
XIDV Sharpe Ratio Rank: 90
XIDV Sortino Ratio Rank: 88
XIDV Omega Ratio Rank: 88
XIDV Calmar Ratio Rank: 84
XIDV Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACLO vs. XIDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW AAA CLO ETF (ACLO) and Franklin International Dividend Booster Index ETF (XIDV). 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.

	ACLO	XIDV	Difference
Sharpe ratio: Return per unit of total volatility	7.34	2.39	+4.95
Sortino ratio: Return per unit of downside risk	15.31	3.28	+12.03
Omega ratio: Gain probability vs. loss probability	3.47	1.44	+2.03
Calmar ratio: Return relative to maximum drawdown	19.70	3.65	+16.05
Martin ratio: Return relative to average drawdown	166.48	12.84	+153.64

ACLO vs. XIDV - Sharpe Ratio Comparison

The current ACLO Sharpe Ratio is 7.34, which is higher than the XIDV Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of ACLO and XIDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ACLO vs. XIDV - Drawdown Comparison

The maximum ACLO drawdown since its inception was -1.01%, smaller than the maximum XIDV drawdown of -12.15%. Use the drawdown chart below to compare losses from any high point for ACLO and XIDV.

Drawdown Indicators

	ACLO	XIDV	Difference
Max Drawdown Largest peak-to-trough decline	-1.01%	-12.15%	+11.14%
Max Drawdown (1Y) Largest decline over 1 year	-0.27%	-8.25%	+7.98%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.04%	-1.42%	+1.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	2.34%	-2.31%

Volatility

ACLO vs. XIDV - Volatility Comparison

The current volatility for TCW AAA CLO ETF (ACLO) is 0.15%, while Franklin International Dividend Booster Index ETF (XIDV) has a volatility of 3.06%. This indicates that ACLO experiences smaller price fluctuations and is considered to be less risky than XIDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ACLO	XIDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.15%	3.06%	-2.91%
Volatility (6M) Calculated over the trailing 6-month period	0.56%	10.50%	-9.94%
Volatility (1Y) Calculated over the trailing 1-year period	0.72%	12.61%	-11.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.05%	14.60%	-13.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.05%	14.60%	-13.55%

ACLO vs. XIDV - Expense Ratio Comparison

ACLO has a 0.20% expense ratio, which is higher than XIDV's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ACLO vs. XIDV - Dividend Comparison

ACLO's dividend yield for the trailing twelve months is around 4.90%, less than XIDV's 5.95% yield.

Position	TTM	2025	2024
ACLO TCW AAA CLO ETF	4.90%	4.87%	0.59%
XIDV Franklin International Dividend Booster Index ETF	5.95%	4.63%	0.00%

Frequently Asked Questions

Can I hold both ACLO and XIDV in my portfolio?

ACLO and XIDV have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ACLO or XIDV?

XIDV has higher volatility (3.06%) compared to ACLO (0.15%). In terms of maximum drawdown, ACLO dropped -1.01% vs XIDV's -12.15%.

Which ETF is better, ACLO or XIDV?

On 1-year performance, XIDV leads with 30.00% vs 5.26% for ACLO. On fees, XIDV is cheaper at 0.19% per year. On volatility, ACLO has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ACLO or XIDV?

Over the 1-year period, XIDV has performed better with a 30.00% return vs 5.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ACLO or XIDV?

XIDV is cheaper with a 0.19% expense ratio, compared with 0.20% for ACLO.

Which ETF pays a higher dividend yield, ACLO or XIDV?

XIDV has the higher dividend yield at 5.95%, compared with 4.90% for ACLO.

What is the main difference between ACLO and XIDV?

ACLO is categorized as CLO, while XIDV is Foreign Large Cap Equities. They also come from different issuers: TCW and Franklin Templeton. Their fees differ too: 0.20% for ACLO and 0.19% for XIDV.

Which has better risk-adjusted returns?

ACLO currently has the higher Sharpe Ratio (7.34 vs 2.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.