BUXX vs. ACLO

Last updated Jul 18, 2026

BUXX (Strive Enhanced Income Short Maturity ETF) and ACLO (TCW AAA CLO ETF) are both exchange-traded funds - BUXX is a Ultrashort Bond fund actively managed by Strive, while ACLO is a CLO fund actively managed by TCW. Both are actively managed. Over the past year, BUXX returned 4.28% vs 5.22% for ACLO. At a correlation of -0.11, they often move in opposite directions. BUXX charges 0.26%/yr vs 0.20%/yr for ACLO.

Performance

BUXX vs. ACLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive Enhanced Income Short Maturity ETF (BUXX) and TCW AAA CLO ETF (ACLO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BUXX achieves a 2.10% return, which is significantly lower than ACLO's 2.78% return.

BUXX

• 1D: 0.00%
• 1M: 0.39%
• 6M: 1.85%
• YTD: 2.10%
• 1Y: 4.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ACLO

• 1D: 0.03%
• 1M: 0.45%
• 6M: 2.38%
• YTD: 2.78%
• 1Y: 5.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BUXX vs. ACLO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BUXX Strive Enhanced Income Short Maturity ETF	2.10%	4.84%	0.74%
ACLO TCW AAA CLO ETF	2.78%	5.32%	0.81%

Correlation

The correlation between BUXX and ACLO is -0.20, 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	-0.20
Correlation (All Time) Calculated using the full available price history since Nov 18, 2024	-0.11

Return for Risk

BUXX vs. ACLO — Risk / Return Rank

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

BUXX

BUXX Risk / Return Rank: 97
BUXX Sharpe Ratio Rank: 97
BUXX Sortino Ratio Rank: 97
BUXX Omega Ratio Rank: 97
BUXX Calmar Ratio Rank: 98
BUXX Martin Ratio Rank: 98

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

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.

BUXX vs. ACLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive Enhanced Income Short Maturity ETF (BUXX) and TCW AAA CLO ETF (ACLO). 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.

	BUXX	ACLO	Difference
Sharpe ratio: Return per unit of total volatility	3.31	7.30	-4.00
Sortino ratio: Return per unit of downside risk	5.27	15.22	-9.94
Omega ratio: Gain probability vs. loss probability	1.77	3.45	-1.68
Calmar ratio: Return relative to maximum drawdown	14.60	19.58	-4.98
Martin ratio: Return relative to average drawdown	53.11	165.43	-112.32

BUXX vs. ACLO - Sharpe Ratio Comparison

The current BUXX Sharpe Ratio is 3.31, which is lower than the ACLO Sharpe Ratio of 7.30. The chart below compares the historical Sharpe Ratios of BUXX and ACLO, 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

BUXX vs. ACLO - Drawdown Comparison

The maximum BUXX drawdown since its inception was -0.60%, smaller than the maximum ACLO drawdown of -1.01%. Use the drawdown chart below to compare losses from any high point for BUXX and ACLO.

Drawdown Indicators

	BUXX	ACLO	Difference
Max Drawdown Largest peak-to-trough decline	-0.60%	-1.01%	+0.41%
Max Drawdown (1Y) Largest decline over 1 year	-0.29%	-0.27%	-0.02%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.05%	-0.04%	-0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.08%	0.03%	+0.05%

Volatility

BUXX vs. ACLO - Volatility Comparison

Strive Enhanced Income Short Maturity ETF (BUXX) has a higher volatility of 0.54% compared to TCW AAA CLO ETF (ACLO) at 0.15%. This indicates that BUXX's price experiences larger fluctuations and is considered to be riskier than ACLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BUXX	ACLO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.54%	0.15%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	0.87%	0.56%	+0.31%
Volatility (1Y) Calculated over the trailing 1-year period	1.30%	0.72%	+0.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.47%	1.05%	+0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.47%	1.05%	+0.42%

BUXX vs. ACLO - Expense Ratio Comparison

BUXX has a 0.26% expense ratio, which is higher than ACLO's 0.20% 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

BUXX vs. ACLO - Dividend Comparison

BUXX's dividend yield for the trailing twelve months is around 4.70%, less than ACLO's 4.90% yield.

Position	TTM	2025	2024	2023
ACLO TCW AAA CLO ETF	4.90%	4.87%	0.59%	0.00%
BUXX Strive Enhanced Income Short Maturity ETF	4.70%	4.95%	5.55%	1.92%

Frequently Asked Questions

Can I hold both BUXX and ACLO in my portfolio?

BUXX and ACLO have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BUXX or ACLO?

BUXX has higher volatility (0.54%) compared to ACLO (0.15%). In terms of maximum drawdown, BUXX dropped -0.60% vs ACLO's -1.01%.

Which ETF is better, BUXX or ACLO?

On 1-year performance, ACLO leads with 5.22% vs 4.28% for BUXX. On fees, ACLO is cheaper at 0.20% 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, BUXX or ACLO?

Over the 1-year period, ACLO has performed better with a 5.22% return vs 4.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BUXX or ACLO?

ACLO is cheaper with a 0.20% expense ratio, compared with 0.26% for BUXX.

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

ACLO has the higher dividend yield at 4.90%, compared with 4.70% for BUXX.

What is the main difference between BUXX and ACLO?

BUXX is categorized as Ultrashort Bond, while ACLO is CLO. They also come from different issuers: Strive and TCW. Their fees differ too: 0.26% for BUXX and 0.20% for ACLO.

Which has better risk-adjusted returns?

ACLO currently has the higher Sharpe Ratio (7.30 vs 3.31), 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.