IQSU vs. CLOO

Last updated Aug 2, 2026

IQSU (IQ Candriam ESG U.S. Equity ETF) and CLOO (NYLI Investment Grade CLO ETF) are both exchange-traded funds - IQSU is a Large Cap Growth Equities fund tracking the IQ Candriam ESG US Equity Index, while CLOO is a CLO fund actively managed by New York Life. IQSU is passively managed, while CLOO is actively managed. Their 0.05 correlation means their historical movements had little consistent relationship. IQSU charges 0.09%/yr vs 0.25%/yr for CLOO.

Performance

IQSU vs. CLOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ Candriam ESG U.S. Equity ETF (IQSU) and NYLI Investment Grade CLO ETF (CLOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IQSU

• 1D: 0.74%
• 1M: -0.97%
• 6M: 11.18%
• YTD: 12.56%
• 1Y: 26.07%
• 3Y*: 16.79%
• 5Y*: 11.42%
• 10Y*: —
• ALL TIME*: 15.73%

CLOO

• 1D: 0.08%
• 1M: 0.40%
• 6M: —
• YTD: —
• 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)
CLOO NYLI Investment Grade CLO ETF	$1.27K	$245.87K	$345.54K
IQSU IQ Candriam ESG U.S. Equity ETF	$149.00K	$251.27K	$317.14K

IQSU vs. CLOO - Yearly Performance Comparison

	2026 (YTD)
IQSU IQ Candriam ESG U.S. Equity ETF	4.73%
CLOO NYLI Investment Grade CLO ETF	1.34%

Correlation

The correlation between IQSU and CLOO is 0.05, 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	0.05

Return for Risk

IQSU vs. CLOO — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IQSU

IQSU Risk / Return Rank: 71
IQSU Sharpe Ratio Rank: 76
IQSU Sortino Ratio Rank: 76
IQSU Omega Ratio Rank: 71
IQSU Calmar Ratio Rank: 62
IQSU Martin Ratio Rank: 70

CLOO

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IQSU vs. CLOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ Candriam ESG U.S. Equity ETF (IQSU) 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.

	IQSU	CLOO	Difference
Sharpe ratio: Return per unit of total volatility	1.73	—	—
Sortino ratio: Return per unit of downside risk	2.47	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.19	—	—
Martin ratio: Return relative to average drawdown	8.63	—	—

Drawdowns

IQSU vs. CLOO - Drawdown Comparison

The maximum IQSU drawdown since its inception was -31.29%, which is greater than CLOO's maximum drawdown of -0.04%. Use the drawdown chart below to compare losses from any high point for IQSU and CLOO.

Drawdown Indicators

	IQSU	CLOO	Difference
Max Drawdown Largest peak-to-trough decline	-31.29%	-0.04%	-31.25%
Max Drawdown (1Y) Largest decline over 1 year	-11.18%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.96%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.76%	—	—
Current Drawdown Current decline from peak	-2.02%	0.00%	-2.02%
Average Drawdown Average peak-to-trough decline	-5.88%	0.00%	-5.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	—	—

Volatility

Volatility by Period

	IQSU	CLOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.47%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.58%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.19%	0.46%	+13.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.08%	0.46%	+17.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.62%	0.46%	+20.16%

IQSU vs. CLOO - Expense Ratio Comparison

IQSU has a 0.09% 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

IQSU vs. CLOO - Dividend Comparison

IQSU's dividend yield for the trailing twelve months is around 0.99%, which matches 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%
IQSU IQ Candriam ESG U.S. Equity ETF	0.99%	1.09%	1.12%	1.15%	1.47%	1.07%	0.98%

Frequently Asked Questions

Can I hold both IQSU and CLOO in my portfolio?

IQSU and CLOO have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IQSU or CLOO?

On fees, IQSU is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQSU or CLOO?

IQSU is cheaper with a 0.09% expense ratio, compared with 0.25% for CLOO.

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

IQSU and CLOO have nearly identical dividend yields, around 0.99%.

What is the main difference between IQSU and CLOO?

IQSU is categorized as Large Cap Growth Equities, while CLOO is CLO. Their fees differ too: 0.09% for IQSU and 0.25% for CLOO.