CLOI vs. CLOC

Last updated Jun 4, 2026

CLOI (VanEck CLO ETF) and CLOC (AAM Crescent CLO ETF) are both CLO funds. Both are actively managed. At a correlation of -0.00, they often move in opposite directions. CLOI charges 0.40%/yr vs 0.49%/yr for CLOC.

Performance

CLOI vs. CLOC - Performance Comparison

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

Returns By Period

In the year-to-date period, CLOI achieves a 2.06% return, which is significantly lower than CLOC's 2.34% return.

CLOI

• 1D: 0.00%
• 1M: 0.61%
• YTD: 2.06%
• 6M: 2.58%
• 1Y: 5.56%
• 3Y*: 7.11%
• 5Y*: —
• 10Y*: —

CLOC

• 1D: 0.00%
• 1M: 0.62%
• YTD: 2.34%
• 6M: 2.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLOI vs. CLOC - Yearly Performance Comparison

	2026 (YTD)	2025
CLOI VanEck CLO ETF	2.06%	1.11%
CLOC AAM Crescent CLO ETF	2.34%	0.93%

Correlation

The correlation between CLOI and CLOC is -0.00, 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 Oct 24, 2025	-0.00

Return for Risk

CLOI vs. CLOC — Risk / Return Rank

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

CLOI

CLOI Risk / Return Rank: 97
CLOI Sharpe Ratio Rank: 97
CLOI Sortino Ratio Rank: 98
CLOI Omega Ratio Rank: 98
CLOI Calmar Ratio Rank: 96
CLOI Martin Ratio Rank: 97

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.

CLOI vs. CLOC - Risk-Adjusted Trends Comparison

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

	CLOI	CLOC	Difference
Sharpe ratio Return per unit of total volatility	4.72	—	—
Sortino ratio Return per unit of downside risk	7.43	—	—
Omega ratio Gain probability vs. loss probability	2.16	—	—
Calmar ratio Return relative to maximum drawdown	8.95	—	—
Martin ratio Return relative to average drawdown	42.16	—	—
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

	CLOI	CLOC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.72	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.77	6.09	-3.33

Drawdowns

CLOI vs. CLOC - Drawdown Comparison

The maximum CLOI drawdown since its inception was -3.25%, which is greater than CLOC's maximum drawdown of -0.54%. Use the drawdown chart below to compare losses from any high point for CLOI and CLOC.

Drawdown Indicators

	CLOI	CLOC	Difference
Max Drawdown Largest peak-to-trough decline	-3.25%	-0.54%	-2.71%
Max Drawdown (1Y) Largest decline over 1 year	-0.62%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.25%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.19%	-0.07%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.13%	—	—

Volatility

Volatility by Period

	CLOI	CLOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.67%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.19%	0.91%	+0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.56%	0.91%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.56%	0.91%	+1.65%

CLOI vs. CLOC - Expense Ratio Comparison

CLOI has a 0.40% expense ratio, which is lower than CLOC's 0.49% expense ratio.

Dividends

CLOI vs. CLOC - Dividend Comparison

CLOI's dividend yield for the trailing twelve months is around 5.35%, more than CLOC's 3.67% yield.

Position	TTM	2025	2024	2023	2022
CLOC AAM Crescent CLO ETF	3.67%	1.15%	0.00%	0.00%	0.00%
CLOI VanEck CLO ETF	5.35%	5.61%	6.71%	5.61%	2.23%

Frequently Asked Questions

Can I hold both CLOI and CLOC in my portfolio?

CLOI and CLOC have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLOI or CLOC?

On fees, CLOI is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLOI or CLOC?

CLOI is cheaper with a 0.40% expense ratio, compared with 0.49% for CLOC.

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

CLOI has the higher dividend yield at 5.35%, compared with 3.67% for CLOC.

What is the main difference between CLOI and CLOC?

They also come from different issuers: VanEck and AAM. Their fees differ too: 0.40% for CLOI and 0.49% for CLOC.