CLOA.DE vs. EAAA.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco EUR AAA CLO UCITS ETF Acc (CLOA.DE) and Fair Oaks AAA CLO UCITS ETF EUR Acc (EAAA.DE).

CLOA.DE and EAAA.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CLOA.DE is a passively managed fund by Invesco that tracks the performance of the J.P. Morgan European Collateralized Loan Obligation AAA-only Index. It was launched on Feb 10, 2025. EAAA.DE is an actively managed fund by Fair Oaks. It was launched on Jun 29, 2020.

Performance

CLOA.DE vs. EAAA.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Invesco EUR AAA CLO UCITS ETF Acc (CLOA.DE) and Fair Oaks AAA CLO UCITS ETF EUR Acc (EAAA.DE). The values are adjusted to include any dividend payments, if applicable.

CLOA.DE vs. EAAA.DE - Yearly Performance Comparison

	2026 (YTD)	2025
CLOA.DE Invesco EUR AAA CLO UCITS ETF Acc	0.35%	2.69%
EAAA.DE Fair Oaks AAA CLO UCITS ETF EUR Acc	0.37%	3.07%

Returns By Period

In the year-to-date period, CLOA.DE achieves a 0.35% return, which is significantly lower than EAAA.DE's 0.37% return.

CLOA.DE

• 1D: -0.23%
• 1M: -0.04%
• YTD: 0.35%
• 6M: 1.16%
• 1Y: 2.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EAAA.DE

• 1D: 0.02%
• 1M: -0.10%
• YTD: 0.37%
• 6M: 1.07%
• 1Y: 2.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLOA.DE vs. EAAA.DE - Expense Ratio Comparison

CLOA.DE has a 0.25% expense ratio, which is lower than EAAA.DE's 0.35% expense ratio.

EAAA.DE

Fair Oaks AAA CLO UCITS ETF EUR Acc

CLOA.DE

Invesco EUR AAA CLO UCITS ETF Acc

Return for Risk

CLOA.DE vs. EAAA.DE — Risk / Return Rank

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

CLOA.DE

CLOA.DE Risk / Return Rank: 94
CLOA.DE Sharpe Ratio Rank: 89
CLOA.DE Sortino Ratio Rank: 93
CLOA.DE Omega Ratio Rank: 92
CLOA.DE Calmar Ratio Rank: 98
CLOA.DE Martin Ratio Rank: 97

EAAA.DE

EAAA.DE Risk / Return Rank: 97
EAAA.DE Sharpe Ratio Rank: 97
EAAA.DE Sortino Ratio Rank: 98
EAAA.DE Omega Ratio Rank: 98
EAAA.DE Calmar Ratio Rank: 98
EAAA.DE Martin Ratio Rank: 97

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.

CLOA.DE vs. EAAA.DE - 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 Fair Oaks AAA CLO UCITS ETF EUR Acc (EAAA.DE). 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.

	CLOA.DE	EAAA.DE	Difference
Sharpe ratio Return per unit of total volatility	2.00	3.01	-1.01
Sortino ratio Return per unit of downside risk	2.92	4.59	-1.68
Omega ratio Gain probability vs. loss probability	1.42	1.81	-0.39
Calmar ratio Return relative to maximum drawdown	6.58	5.96	+0.62
Martin ratio Return relative to average drawdown	21.81	20.00	+1.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLOA.DE vs. EAAA.DE - Sharpe Ratio Comparison

The current CLOA.DE Sharpe Ratio is 2.00, which is lower than the EAAA.DE Sharpe Ratio of 3.01. The chart below compares the historical Sharpe Ratios of CLOA.DE and EAAA.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CLOA.DE	EAAA.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.00	3.01	-1.01
Sharpe Ratio (All Time) Calculated using the full available price history	1.99	3.10	-1.11

Correlation

The correlation between CLOA.DE and EAAA.DE is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CLOA.DE vs. EAAA.DE - Dividend Comparison

Neither CLOA.DE nor EAAA.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

CLOA.DE vs. EAAA.DE - Drawdown Comparison

The maximum CLOA.DE drawdown since its inception was -0.49%, smaller than the maximum EAAA.DE drawdown of -0.59%. Use the drawdown chart below to compare losses from any high point for CLOA.DE and EAAA.DE.

Drawdown Indicators

	CLOA.DE	EAAA.DE	Difference
Max Drawdown Largest peak-to-trough decline	-0.49%	-0.59%	+0.10%
Max Drawdown (1Y) Largest decline over 1 year	-0.45%	-0.53%	+0.08%
Current Drawdown Current decline from peak	-0.23%	-0.27%	+0.04%
Average Drawdown Average peak-to-trough decline	-0.09%	-0.08%	-0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.14%	0.15%	-0.01%

Volatility

CLOA.DE vs. EAAA.DE - Volatility Comparison

Invesco EUR AAA CLO UCITS ETF Acc (CLOA.DE) has a higher volatility of 0.39% compared to Fair Oaks AAA CLO UCITS ETF EUR Acc (EAAA.DE) at 0.17%. This indicates that CLOA.DE's price experiences larger fluctuations and is considered to be riskier than EAAA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLOA.DE	EAAA.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.39%	0.17%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	0.90%	0.44%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	1.48%	0.99%	+0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.43%	0.99%	+0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.43%	0.99%	+0.44%