IQSI vs. CLOO
IQSI (IQ Candriam ESG International Equity ETF) and CLOO (NYLI Investment Grade CLO ETF) are both exchange-traded funds - IQSI is a Foreign Large Cap Equities fund tracking the IQ Candriam ESG International Equity Index, while CLOO is a CLO fund actively managed by New York Life. IQSI is passively managed, while CLOO is actively managed. Their -0.02 correlation means they have often moved in opposite directions in the past. IQSI charges 0.15%/yr vs 0.25%/yr for CLOO.
Performance
IQSI vs. CLOO - Performance Comparison
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Returns By Period
IQSI
- 1D
- 0.31%
- 1M
- 0.32%
- 6M
- 5.61%
- YTD
- 11.22%
- 1Y
- 22.43%
- 3Y*
- 15.55%
- 5Y*
- 8.09%
- 10Y*
- —
- ALL TIME*
- 9.55%
CLOO
- 1D
- -0.02%
- 1M
- 0.38%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.27K | $245.87K | $339.87K | |
| $66.39K | $361.19K | $950.83K |
IQSI vs. CLOO - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IQSI IQ Candriam ESG International Equity ETF | 5.04% |
CLOO NYLI Investment Grade CLO ETF | 1.32% |
Correlation
The correlation between IQSI and CLOO is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 6, 2026 | -0.02 |
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Return for Risk
IQSI vs. CLOO — Risk / Return Rank
IQSI
CLOO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IQSI vs. CLOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ Candriam ESG International Equity ETF (IQSI) and NYLI Investment Grade CLO ETF (CLOO). 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.
| IQSI | CLOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.25 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | — | — |
| Martin ratioReturn relative to average drawdown | 6.90 | — | — |
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Drawdowns
IQSI vs. CLOO - Drawdown Comparison
The maximum IQSI drawdown since its inception was -31.90%, which is greater than CLOO's maximum drawdown of -0.04%. Use the drawdown chart below to compare losses from any high point for IQSI and CLOO.
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Drawdown Indicators
| IQSI | CLOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.90% | -0.04% | -31.86% |
Max Drawdown (1Y)Largest decline over 1 year | -12.00% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -14.02% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.86% | — | — |
Current DrawdownCurrent decline from peak | -0.65% | -0.02% | -0.63% |
Average DrawdownAverage peak-to-trough decline | -6.37% | 0.00% | -6.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | — | — |
Volatility
IQSI vs. CLOO - Volatility Comparison
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Volatility by Period
| IQSI | CLOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.38% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 13.61% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.83% | 0.47% | +15.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.43% | 0.47% | +15.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.94% | 0.47% | +18.47% |
IQSI vs. CLOO - Expense Ratio Comparison
IQSI has a 0.15% expense ratio, which is lower than CLOO's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IQSI vs. CLOO - Dividend Comparison
IQSI's dividend yield for the trailing twelve months is around 2.69%, more than CLOO's 0.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CLOO NYLI Investment Grade CLO ETF | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IQSI IQ Candriam ESG International Equity ETF | 2.69% | 2.75% | 2.79% | 2.98% | 2.89% | 2.75% | 1.65% |
Frequently Asked Questions
IQSI and CLOO have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IQSI is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQSI is cheaper with a 0.15% expense ratio, compared with 0.25% for CLOO.
IQSI has the higher dividend yield at 2.69%, compared with 0.99% for CLOO.
IQSI is categorized as Foreign Large Cap Equities, while CLOO is CLO. Their fees differ too: 0.15% for IQSI and 0.25% for CLOO.
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