CLOC vs. YCLO

Last updated Jul 12, 2026

CLOC (AAM Crescent CLO ETF) and YCLO (Franklin BSP CLO ETF) are both CLO funds. Both are actively managed. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

CLOC vs. YCLO - Performance Comparison

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

Returns By Period

CLOC

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

YCLO

• 1D: 0.06%
• 1M: 0.60%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLOC vs. YCLO - Yearly Performance Comparison

	2026 (YTD)
CLOC AAM Crescent CLO ETF	0.52%
YCLO Franklin BSP CLO ETF	0.80%

Correlation

The correlation between CLOC and YCLO is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	0.53

Return for Risk

CLOC vs. YCLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Crescent CLO ETF (CLOC) 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.

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

Drawdowns

CLOC vs. YCLO - Drawdown Comparison

The maximum CLOC drawdown since its inception was -0.54%, which is greater than YCLO's maximum drawdown of -0.04%. Use the drawdown chart below to compare losses from any high point for CLOC and YCLO.

Drawdown Indicators

	CLOC	YCLO	Difference
Max Drawdown Largest peak-to-trough decline	-0.54%	-0.04%	-0.50%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.06%	-0.00%	-0.06%

Volatility

Volatility by Period

	CLOC	YCLO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.87%	0.44%	+0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.87%	0.44%	+0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.87%	0.44%	+0.43%

Dividends

CLOC vs. YCLO - Dividend Comparison

CLOC's dividend yield for the trailing twelve months is around 4.19%, more than YCLO's 0.31% yield.

Position	TTM	2025
CLOC AAM Crescent CLO ETF	4.19%	1.15%
YCLO Franklin BSP CLO ETF	0.31%	0.00%

Frequently Asked Questions

Can I hold both CLOC and YCLO in my portfolio?

CLOC and YCLO have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

CLOC has the higher dividend yield at 4.19%, compared with 0.31% for YCLO.

What is the main difference between CLOC and YCLO?

They also come from different issuers: AAM and Franklin Templeton.