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BTEK vs. CLOA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BTEK vs. CLOA

Last updated Jul 12, 2026
Documentation

BTEK (Future Tech ETF) and CLOA (iShares AAA CLO Active ETF) are both exchange-traded funds - BTEK is a Technology Equities fund actively managed by BlackRock, while CLOA is a CLO fund actively managed by BlackRock. Both are actively managed. BTEK charges 0.88%/yr vs 0.20%/yr for CLOA.

Performance

BTEK vs. CLOA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Future Tech ETF (BTEK) and iShares AAA CLO Active ETF (CLOA). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

BTEK

1D
—
1M
—
6M
—
YTD
—
1Y
—
3Y*
—
5Y*
—
10Y*
—

CLOA

1D
0.04%
1M
0.28%
6M
2.31%
YTD
2.44%
1Y
5.09%
3Y*
6.52%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BTEK vs. CLOA - Yearly Performance Comparison

2026 (YTD)20252024
BTEK
Future Tech ETF		0.00%0.00%0.00%
CLOA
iShares AAA CLO Active ETF		2.44%5.44%2.50%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Future Tech ETF

iShares AAA CLO Active ETF

Often compared with BTEK:
BTEK vs. TECBBTEK vs. IVESBTEK vs. JTEKBTEK vs. VGELXBTEK vs. EWZSBTEK vs. IRBOBTEK vs. VGT
Often compared with CLOA:
CLOA vs. CLOICLOA vs. PAAACLOA vs. AAACLOA vs. ICLOCLOA vs. JBBBCLOA vs. JAAACLOA vs. CLOX

Return for Risk

BTEK vs. CLOA — Risk / Return Rank

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

CLOA
CLOA Risk / Return Rank: 9999
Overall Rank
CLOA Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
CLOA Sortino Ratio Rank: 9999
Sortino Ratio Rank
CLOA Omega Ratio Rank: 9999
Omega Ratio Rank
CLOA Calmar Ratio Rank: 9999
Calmar Ratio Rank
CLOA Martin Ratio Rank: 9999
Martin Ratio Rank
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.

BTEK vs. CLOA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Future Tech ETF (BTEK) and iShares AAA CLO Active ETF (CLOA). 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.

BTEKCLOADifference
Sharpe ratioReturn per unit of total volatility

—

7.65

—

Sortino ratioReturn per unit of downside risk

—

14.44

—

Omega ratioGain probability vs. loss probability

—

3.48

—

Calmar ratioReturn relative to maximum drawdown

—

29.05

—

Martin ratioReturn relative to average drawdown

—

152.91

—

BTEK vs. CLOA - Sharpe Ratio Comparison

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Drawdowns

BTEK vs. CLOA - Drawdown Comparison

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Drawdown Indicators

BTEKCLOADifference

Max Drawdown

Largest peak-to-trough decline

—

-1.34%

—

Max Drawdown (1Y)

Largest decline over 1 year

—

-0.18%

—

Max Drawdown (3Y)

Largest decline over 3 years

—

-1.13%

—

Current Drawdown

Current decline from peak

—

0.00%

—

Average Drawdown

Average peak-to-trough decline

—

-0.05%

—

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

0.03%

—

Volatility

BTEK vs. CLOA - Volatility Comparison

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Volatility by Period

BTEKCLOADifference

Volatility (1M)

Calculated over the trailing 1-month period

—

0.14%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

0.48%

—

Volatility (1Y)

Calculated over the trailing 1-year period

—

0.67%

—

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

—

1.30%

—

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

—

1.30%

—

BTEK vs. CLOA - Expense Ratio Comparison

BTEK has a 0.88% expense ratio, which is higher than CLOA's 0.20% expense ratio.

Dividends

BTEK vs. CLOA - Dividend Comparison

BTEK has not paid dividends to shareholders, while CLOA's dividend yield for the trailing twelve months is around 4.90%.

PositionTTM202520242023
BTEK
Future Tech ETF		0.00%0.00%0.00%0.00%
CLOA
iShares AAA CLO Active ETF		4.90%5.35%6.01%5.88%

Frequently Asked Questions

On fees, CLOA is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

CLOA is cheaper with a 0.20% expense ratio, compared with 0.88% for BTEK.

CLOA has the higher dividend yield at 4.90%, compared with 0.00% for BTEK.

BTEK is categorized as Technology Equities, while CLOA is CLO. Their fees differ too: 0.88% for BTEK and 0.20% for CLOA.

Portfolio Optimizer

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