CLOA.DE vs. CLOA
CLOA.DE (Invesco EUR AAA CLO UCITS ETF Acc) and CLOA (iShares AAA CLO Active ETF) are both CLO funds. CLOA.DE is passively managed, while CLOA is actively managed. Over the past year, CLOA.DE returned 3.30% vs 7.73% for CLOA. At a correlation of -0.10, they often move in opposite directions. CLOA.DE charges 0.25%/yr vs 0.20%/yr for CLOA.
Performance
CLOA.DE vs. CLOA - Performance Comparison
Loading charts...
Different Trading Currencies
CLOA.DE is traded in EUR, while CLOA is traded in USD. To make them comparable, the CLOA values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, CLOA.DE achieves a 1.70% return, which is significantly lower than CLOA's 5.67% return.
CLOA.DE
- 1D
- 0.00%
- 1M
- 0.48%
- YTD
- 1.70%
- 6M
- 1.84%
- 1Y
- 3.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CLOA
- 1D
- -0.06%
- 1M
- 2.58%
- YTD
- 5.67%
- 6M
- 6.10%
- 1Y
- 7.73%
- 3Y*
- 5.11%
- 5Y*
- —
- 10Y*
- —
CLOA.DE vs. CLOA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CLOA.DE Invesco EUR AAA CLO UCITS ETF Acc | 1.70% | 2.90% |
CLOA iShares AAA CLO Active ETF | 5.67% | -7.91% |
Correlation
The correlation between CLOA.DE and CLOA is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.09 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2025 | -0.10 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CLOA.DE vs. CLOA — Risk / Return Rank
CLOA.DE
CLOA
CLOA.DE vs. CLOA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco EUR AAA CLO UCITS ETF Acc (CLOA.DE) 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.
| CLOA.DE | CLOA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.34 | ||
| Sortino ratioReturn per unit of downside risk | +2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.23 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 12.43 | 2.16 | +10.27 |
| Martin ratioReturn relative to average drawdown | 38.26 | 5.82 | +32.44 |
Loading charts...
Drawdowns
CLOA.DE vs. CLOA - Drawdown Comparison
The maximum CLOA.DE drawdown since its inception was -0.49%, smaller than the maximum CLOA drawdown of -11.03%. Use the drawdown chart below to compare losses from any high point for CLOA.DE and CLOA.
Loading charts...
Drawdown Indicators
| CLOA.DE | CLOA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.49% | -11.03% | +10.54% |
Max Drawdown (1Y)Largest decline over 1 year | -0.27% | -3.59% | +3.32% |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.03% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.98% | +2.98% |
Average DrawdownAverage peak-to-trough decline | -0.08% | -3.72% | +3.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.09% | 1.33% | -1.24% |
Volatility
CLOA.DE vs. CLOA - Volatility Comparison
The current volatility for Invesco EUR AAA CLO UCITS ETF Acc (CLOA.DE) is 0.43%, while iShares AAA CLO Active ETF (CLOA) has a volatility of 1.43%. This indicates that CLOA.DE experiences smaller price fluctuations and is considered to be less risky than CLOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CLOA.DE | CLOA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.43% | 1.43% | -1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 0.94% | 4.44% | -3.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.32% | 6.24% | -4.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.41% | 7.34% | -5.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.41% | 7.34% | -5.93% |
CLOA.DE vs. CLOA - Expense Ratio Comparison
CLOA.DE has a 0.25% expense ratio, which is higher than CLOA'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
CLOA.DE vs. CLOA - Dividend Comparison
CLOA.DE has not paid dividends to shareholders, while CLOA's dividend yield for the trailing twelve months is around 4.95%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CLOA iShares AAA CLO Active ETF | 4.95% | 5.35% | 6.01% | 5.88% |
CLOA.DE Invesco EUR AAA CLO UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CLOA.DE and CLOA have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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 0.25% for CLOA.DE.
They also come from different issuers: Invesco and BlackRock. Their fees differ too: 0.25% for CLOA.DE and 0.20% for CLOA.
Find the right allocation for CLOA.DE and CLOA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer