CLOA vs. BLCV
CLOA (iShares AAA CLO Active ETF) and BLCV (Blackrock Large Cap Value ETF) are both exchange-traded funds - CLOA is a CLO fund actively managed by BlackRock, while BLCV is a Large Cap Value Equities fund actively managed by BlackRock. Both are actively managed. At a 0.14 correlation, their price movements are largely independent. CLOA charges 0.20%/yr vs 0.55%/yr for BLCV.
Performance
CLOA vs. BLCV - Performance Comparison
Loading charts...
Returns By Period
CLOA
- 1D
- 0.03%
- 1M
- 0.33%
- 6M
- 2.31%
- YTD
- 2.49%
- 1Y
- 5.10%
- 3Y*
- 6.49%
- 5Y*
- —
- 10Y*
- —
BLCV
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CLOA vs. BLCV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
CLOA iShares AAA CLO Active ETF | 2.49% | 5.44% | 7.25% | 5.68% |
BLCV Blackrock Large Cap Value ETF | 6.47% | 19.96% | 12.63% | 14.56% |
Correlation
The correlation between CLOA and BLCV is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since May 23, 2023 | 0.14 |
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 vs. BLCV — Risk / Return Rank
CLOA
BLCV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CLOA vs. BLCV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares AAA CLO Active ETF (CLOA) and Blackrock Large Cap Value ETF (BLCV). 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 | BLCV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 3.47 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 28.99 | — | — |
| Martin ratioReturn relative to average drawdown | 152.61 | — | — |
Loading charts...
Drawdowns
CLOA vs. BLCV - Drawdown Comparison
Loading charts...
Drawdown Indicators
| CLOA | BLCV | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | 0.00% | — | — |
Average DrawdownAverage peak-to-trough decline | -0.05% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | — | — |
Volatility
CLOA vs. BLCV - Volatility Comparison
Loading charts...
Volatility by Period
| CLOA | BLCV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.13% | — | — |
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% | — | — |
CLOA vs. BLCV - Expense Ratio Comparison
CLOA has a 0.20% expense ratio, which is lower than BLCV's 0.55% expense ratio.
Dividends
CLOA vs. BLCV - Dividend Comparison
CLOA's dividend yield for the trailing twelve months is around 4.90%, while BLCV has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BLCV Blackrock Large Cap Value ETF | 1.01% | 1.37% | 1.63% | 1.02% |
CLOA iShares AAA CLO Active ETF | 4.90% | 5.35% | 6.01% | 5.88% |
Frequently Asked Questions
CLOA and BLCV have a correlation of 0.16, 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 0.55% for BLCV.
CLOA has the higher dividend yield at 4.90%, compared with 1.01% for BLCV.
CLOA is categorized as CLO, while BLCV is Large Cap Value Equities. Their fees differ too: 0.20% for CLOA and 0.55% for BLCV.
Find the right allocation for CLOA and BLCV
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