CBLDX vs. CLOZ
Compare and contrast key facts about CrossingBridge Low Duration High Yield Fund (CBLDX) and Panagram Bbb-B Clo ETF (CLOZ).
CBLDX is managed by CrossingBridge. It was launched on Jan 30, 2018. CLOZ is an actively managed fund by Panagram. It was launched on Jan 23, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CBLDX or CLOZ.
Correlation
The correlation between CBLDX and CLOZ is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
CBLDX vs. CLOZ - Performance Comparison
Key characteristics
CBLDX:
10.59
CLOZ:
6.82
CBLDX:
20.72
CLOZ:
9.57
CBLDX:
5.57
CLOZ:
3.66
CBLDX:
32.47
CLOZ:
8.45
CBLDX:
200.12
CLOZ:
54.04
CBLDX:
0.04%
CLOZ:
0.22%
CBLDX:
0.69%
CLOZ:
1.72%
CBLDX:
-8.16%
CLOZ:
-2.70%
CBLDX:
0.00%
CLOZ:
-0.04%
Returns By Period
In the year-to-date period, CBLDX achieves a 1.22% return, which is significantly lower than CLOZ's 1.44% return.
CBLDX
1.22%
0.69%
3.50%
7.24%
4.91%
N/A
CLOZ
1.44%
0.84%
5.79%
11.59%
N/A
N/A
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CBLDX vs. CLOZ - Expense Ratio Comparison
CBLDX has a 0.88% expense ratio, which is higher than CLOZ's 0.50% expense ratio.
Risk-Adjusted Performance
CBLDX vs. CLOZ — Risk-Adjusted Performance Rank
CBLDX
CLOZ
CBLDX vs. CLOZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CrossingBridge Low Duration High Yield Fund (CBLDX) and Panagram Bbb-B Clo ETF (CLOZ). 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.
Dividends
CBLDX vs. CLOZ - Dividend Comparison
CBLDX's dividend yield for the trailing twelve months is around 6.94%, less than CLOZ's 8.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
CBLDX CrossingBridge Low Duration High Yield Fund | 6.94% | 7.12% | 7.66% | 4.19% | 3.60% | 3.96% | 2.86% | 2.15% |
CLOZ Panagram Bbb-B Clo ETF | 8.78% | 9.09% | 8.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CBLDX vs. CLOZ - Drawdown Comparison
The maximum CBLDX drawdown since its inception was -8.16%, which is greater than CLOZ's maximum drawdown of -2.70%. Use the drawdown chart below to compare losses from any high point for CBLDX and CLOZ. For additional features, visit the drawdowns tool.
Volatility
CBLDX vs. CLOZ - Volatility Comparison
CrossingBridge Low Duration High Yield Fund (CBLDX) and Panagram Bbb-B Clo ETF (CLOZ) have volatilities of 0.21% and 0.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.