CLOA vs. YCLO
CLOA (iShares AAA CLO Active ETF) and YCLO (Franklin BSP CLO ETF) are both CLO funds. Both are actively managed. At a correlation of -0.06, they often move in opposite directions.
Performance
CLOA vs. YCLO - 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*
- —
YCLO
- 1D
- -0.02%
- 1M
- 0.57%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CLOA vs. YCLO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
CLOA iShares AAA CLO Active ETF | 0.42% |
YCLO Franklin BSP CLO ETF | 0.82% |
Correlation
The correlation between CLOA and YCLO is -0.06, 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 (All Time) Calculated using the full available price history since Jun 4, 2026 | -0.06 |
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. YCLO — Risk / Return Rank
CLOA
YCLO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CLOA vs. YCLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares AAA CLO Active ETF (CLOA) and Franklin BSP CLO ETF (YCLO). 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 | YCLO | 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. YCLO - Drawdown Comparison
The maximum CLOA drawdown since its inception was -1.34%, which is greater than YCLO's maximum drawdown of -0.04%. Use the drawdown chart below to compare losses from any high point for CLOA and YCLO.
Loading charts...
Drawdown Indicators
| CLOA | YCLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.34% | -0.04% | -1.30% |
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% | -0.02% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -0.05% | -0.00% | -0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.03% | — | — |
Volatility
CLOA vs. YCLO - Volatility Comparison
Loading charts...
Volatility by Period
| CLOA | YCLO | 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% | 0.45% | +0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.30% | 0.45% | +0.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.30% | 0.45% | +0.85% |
Dividends
CLOA vs. YCLO - Dividend Comparison
CLOA's dividend yield for the trailing twelve months is around 4.90%, more than YCLO's 0.31% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CLOA iShares AAA CLO Active ETF | 4.90% | 5.35% | 6.01% | 5.88% |
YCLO Franklin BSP CLO ETF | 0.31% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CLOA and YCLO have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLOA has the higher dividend yield at 4.90%, compared with 0.31% for YCLO.
They also come from different issuers: BlackRock and Franklin Templeton.
Find the right allocation for CLOA and YCLO
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