CLOC vs. TIIV

Last updated Jul 12, 2026

CLOC (AAM Crescent CLO ETF) and TIIV (AAM Todd International Intrinsic Value ETF) are both exchange-traded funds - CLOC is a CLO fund actively managed by AAM, while TIIV is a Actively Managed fund actively managed by AAM. Both are actively managed. At a 0.11 correlation, their price movements are largely independent. CLOC charges 0.49%/yr vs 0.54%/yr for TIIV.

Performance

CLOC vs. TIIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM Crescent CLO ETF (CLOC) and AAM Todd International Intrinsic Value ETF (TIIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CLOC achieves a 2.88% return, which is significantly lower than TIIV's 12.05% return.

CLOC

• 1D: 0.04%
• 1M: 0.40%
• 6M: 2.63%
• YTD: 2.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TIIV

• 1D: 0.61%
• 1M: 1.75%
• 6M: 9.18%
• YTD: 12.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLOC vs. TIIV - Yearly Performance Comparison

	2026 (YTD)	2025
CLOC AAM Crescent CLO ETF	2.88%	0.93%
TIIV AAM Todd International Intrinsic Value ETF	12.05%	6.06%

Correlation

The correlation between CLOC and TIIV is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	0.11

Return for Risk

CLOC vs. TIIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Crescent CLO ETF (CLOC) and AAM Todd International Intrinsic Value ETF (TIIV). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

CLOC vs. TIIV - Drawdown Comparison

The maximum CLOC drawdown since its inception was -0.54%, smaller than the maximum TIIV drawdown of -9.68%. Use the drawdown chart below to compare losses from any high point for CLOC and TIIV.

Drawdown Indicators

	CLOC	TIIV	Difference
Max Drawdown Largest peak-to-trough decline	-0.54%	-9.68%	+9.14%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.06%	-1.87%	+1.81%

Volatility

Volatility by Period

	CLOC	TIIV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.87%	14.59%	-13.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.87%	14.59%	-13.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.87%	14.59%	-13.72%

CLOC vs. TIIV - Expense Ratio Comparison

CLOC has a 0.49% expense ratio, which is lower than TIIV's 0.54% expense ratio.

Dividends

CLOC vs. TIIV - Dividend Comparison

CLOC's dividend yield for the trailing twelve months is around 4.19%, more than TIIV's 3.18% yield.

Position	TTM	2025
CLOC AAM Crescent CLO ETF	4.19%	1.15%
TIIV AAM Todd International Intrinsic Value ETF	3.18%	2.33%

Frequently Asked Questions

Can I hold both CLOC and TIIV in my portfolio?

CLOC and TIIV have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLOC or TIIV?

On fees, CLOC is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLOC or TIIV?

CLOC is cheaper with a 0.49% expense ratio, compared with 0.54% for TIIV.

Which ETF pays a higher dividend yield, CLOC or TIIV?

CLOC has the higher dividend yield at 4.19%, compared with 3.18% for TIIV.

What is the main difference between CLOC and TIIV?

CLOC is categorized as CLO, while TIIV is Actively Managed. Their fees differ too: 0.49% for CLOC and 0.54% for TIIV.