CLOA vs. BTEK

Last updated Jun 4, 2026

CLOA (BlackRock AAA CLO ETF) and BTEK (Future Tech ETF) are both exchange-traded funds - CLOA is a CLO fund actively managed by BlackRock, while BTEK is a Technology Equities fund actively managed by BlackRock. Both are actively managed. CLOA charges 0.20%/yr vs 0.88%/yr for BTEK.

Performance

CLOA vs. BTEK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock AAA CLO ETF (CLOA) and Future Tech ETF (BTEK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CLOA

• 1D: 0.02%
• 1M: 0.44%
• YTD: 2.06%
• 6M: 2.51%
• 1Y: 5.28%
• 3Y*: 6.74%
• 5Y*: —
• 10Y*: —

BTEK

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLOA vs. BTEK - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CLOA BlackRock AAA CLO ETF	2.06%	5.44%	2.52%
BTEK Future Tech ETF	0.00%	0.00%	0.00%

Return for Risk

CLOA vs. BTEK — Risk / Return Rank

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

CLOA

CLOA Risk / Return Rank: 99
CLOA Sharpe Ratio Rank: 99
CLOA Sortino Ratio Rank: 99
CLOA Omega Ratio Rank: 99
CLOA Calmar Ratio Rank: 99
CLOA 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.

CLOA vs. BTEK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock AAA CLO ETF (CLOA) and Future Tech ETF (BTEK). 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	BTEK	Difference
Sharpe ratio Return per unit of total volatility	7.45	—	—
Sortino ratio Return per unit of downside risk	13.98	—	—
Omega ratio Gain probability vs. loss probability	3.34	—	—
Calmar ratio Return relative to maximum drawdown	30.02	—	—
Martin ratio Return relative to average drawdown	150.47	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CLOA	BTEK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	7.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.22	—	—

Drawdowns

Drawdown Indicators

	CLOA	BTEK	Difference
Max Drawdown Largest 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 Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-0.05%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.04%	—	—

Volatility

Volatility by Period

	CLOA	BTEK	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.71%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.32%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.32%	—	—

CLOA vs. BTEK - Expense Ratio Comparison

CLOA has a 0.20% expense ratio, which is lower than BTEK's 0.88% expense ratio.

Dividends

CLOA vs. BTEK - Dividend Comparison

CLOA's dividend yield for the trailing twelve months is around 4.96%, while BTEK has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BTEK Future Tech ETF	0.00%	0.00%	0.00%	0.00%
CLOA BlackRock AAA CLO ETF	4.96%	5.35%	6.01%	5.88%

Frequently Asked Questions

Which ETF is better, CLOA or BTEK?

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.

Which ETF is cheaper, CLOA or BTEK?

CLOA is cheaper with a 0.20% expense ratio, compared with 0.88% for BTEK.

Which ETF pays a higher dividend yield, CLOA or BTEK?

CLOA has the higher dividend yield at 4.96%, compared with 0.00% for BTEK.

What is the main difference between CLOA and BTEK?

CLOA is categorized as CLO, while BTEK is Technology Equities. Their fees differ too: 0.20% for CLOA and 0.88% for BTEK.