HSRT vs. CLOA

Last updated Apr 1, 2026

Compare and contrast key facts about Hartford AAA CLO ETF (HSRT) and BlackRock AAA CLO ETF (CLOA).

HSRT and CLOA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HSRT is a passively managed fund by Hartford that tracks the performance of the JP Morgan CLOIE AAA Index. It was launched on May 30, 2018. CLOA is an actively managed fund by BlackRock. It was launched on Jan 10, 2023.

Performance

HSRT vs. CLOA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hartford AAA CLO ETF (HSRT) and BlackRock AAA CLO ETF (CLOA). The values are adjusted to include any dividend payments, if applicable.

HSRT vs. CLOA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HSRT Hartford AAA CLO ETF	0.00%	0.60%	6.44%	6.27%
CLOA BlackRock AAA CLO ETF	0.94%	5.44%	7.25%	8.38%

Returns By Period

HSRT

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

CLOA

• 1D: 0.04%
• 1M: 0.42%
• YTD: 0.94%
• 6M: 2.27%
• 1Y: 5.47%
• 3Y*: 6.87%
• 5Y*: —
• 10Y*: —

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

HSRT vs. CLOA - Expense Ratio Comparison

HSRT has a 0.24% expense ratio, which is higher than CLOA's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

HSRT

Hartford AAA CLO ETF

CLOA

BlackRock AAA CLO ETF

Return for Risk

HSRT vs. CLOA — Risk / Return Rank

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

CLOA

CLOA Risk / Return Rank: 98
CLOA Sharpe Ratio Rank: 98
CLOA Sortino Ratio Rank: 98
CLOA Omega Ratio Rank: 99
CLOA Calmar Ratio Rank: 97
CLOA Martin Ratio Rank: 98

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.

HSRT vs. CLOA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford AAA CLO ETF (HSRT) and BlackRock AAA CLO ETF (CLOA). 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.

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

Sharpe Ratios by Period

	HSRT	CLOA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	5.12	—

Correlation

The correlation between HSRT and CLOA is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

HSRT vs. CLOA - Dividend Comparison

HSRT has not paid dividends to shareholders, while CLOA's dividend yield for the trailing twelve months is around 5.21%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HSRT Hartford AAA CLO ETF	0.00%	1.29%	6.37%	3.98%	2.67%	2.23%	2.88%	3.50%	1.62%
CLOA BlackRock AAA CLO ETF	4.74%	5.35%	6.01%	5.88%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	HSRT	CLOA	Difference
Max Drawdown Largest peak-to-trough decline	—	-1.34%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-1.10%	—
Current Drawdown Current decline from peak	—	-0.04%	—
Average Drawdown Average peak-to-trough decline	—	-0.06%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.15%	—

Volatility

Volatility by Period

	HSRT	CLOA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.27%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.51%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.64%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	1.35%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	1.35%	—