CLOO vs. CLOC

Last updated Jul 28, 2026

CLOO (NYLI Investment Grade CLO ETF) and CLOC (AAM Crescent CLO ETF) are both CLO funds. Both are actively managed. Their 0.24 correlation means their historical movements had little consistent relationship. CLOO charges 0.25%/yr vs 0.49%/yr for CLOC.

Performance

CLOO vs. CLOC - Performance Comparison

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

Returns By Period

CLOO

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

CLOC

• 1D: -0.06%
• 1M: 0.48%
• 6M: 2.39%
• YTD: 3.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CLOC AAM Crescent CLO ETF	$63.87K	$57.35K	$95.79K
CLOO NYLI Investment Grade CLO ETF	$7.64K	$259.67K	$370.21K

CLOO vs. CLOC - Yearly Performance Comparison

	2026 (YTD)
CLOO NYLI Investment Grade CLO ETF	1.26%
CLOC AAM Crescent CLO ETF	1.23%

Correlation

The correlation between CLOO and CLOC is 0.24, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 6, 2026	0.24

Return for Risk

CLOO vs. CLOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NYLI Investment Grade CLO ETF (CLOO) 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.

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

CLOO vs. CLOC - Drawdown Comparison

The maximum CLOO drawdown since its inception was -0.04%, smaller than the maximum CLOC drawdown of -0.54%. Use the drawdown chart below to compare losses from any high point for CLOO and CLOC.

Drawdown Indicators

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

Volatility

Volatility by Period

	CLOO	CLOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.45%	0.90%	-0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.45%	0.90%	-0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.45%	0.90%	-0.45%

CLOO vs. CLOC - Expense Ratio Comparison

CLOO has a 0.25% expense ratio, which is lower than CLOC's 0.49% expense ratio.

Dividends

CLOO vs. CLOC - Dividend Comparison

CLOO's dividend yield for the trailing twelve months is around 0.59%, less than CLOC's 4.18% yield.

Position	TTM	2025
CLOC AAM Crescent CLO ETF	4.18%	1.15%
CLOO NYLI Investment Grade CLO ETF	0.59%	0.00%

Frequently Asked Questions

Can I hold both CLOO and CLOC in my portfolio?

CLOO and CLOC have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLOO or CLOC?

On fees, CLOO is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLOO or CLOC?

CLOO is cheaper with a 0.25% expense ratio, compared with 0.49% for CLOC.

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

CLOC has the higher dividend yield at 4.18%, compared with 0.59% for CLOO.

What is the main difference between CLOO and CLOC?

They also come from different issuers: New York Life Investment Management and AAM. Their fees differ too: 0.25% for CLOO and 0.49% for CLOC.