LODI vs. CLOC

Last updated Jun 26, 2026

LODI (AAM SLC Low Duration Income ETF) and CLOC (AAM Crescent CLO ETF) are both exchange-traded funds - LODI is a Short-Term Bond fund actively managed by AAM, while CLOC is a CLO fund actively managed by AAM. Both are actively managed. At a correlation of -0.12, they often move in opposite directions. LODI charges 0.15%/yr vs 0.49%/yr for CLOC.

Performance

LODI vs. CLOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM SLC Low Duration Income ETF (LODI) 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, LODI achieves a 2.12% return, which is significantly lower than CLOC's 2.59% return.

LODI

• 1D: 0.10%
• 1M: 0.54%
• YTD: 2.12%
• 6M: 2.24%
• 1Y: 5.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLOC

• 1D: -0.06%
• 1M: 0.28%
• YTD: 2.59%
• 6M: 2.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LODI vs. CLOC - Yearly Performance Comparison

	2026 (YTD)	2025
LODI AAM SLC Low Duration Income ETF	2.12%	0.90%
CLOC AAM Crescent CLO ETF	2.59%	0.93%

Correlation

The correlation between LODI and CLOC is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 23, 2025	-0.12

Return for Risk

LODI vs. CLOC — Risk / Return Rank

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

LODI

LODI Risk / Return Rank: 90
LODI Sharpe Ratio Rank: 83
LODI Sortino Ratio Rank: 88
LODI Omega Ratio Rank: 94
LODI Calmar Ratio Rank: 95
LODI Martin Ratio Rank: 92

CLOC

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

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.

LODI vs. CLOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM SLC Low Duration Income ETF (LODI) 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.

	LODI	CLOC	Difference
Sharpe ratio: Return per unit of total volatility	2.35	—	—
Sortino ratio: Return per unit of downside risk	3.50	—	—
Omega ratio: Gain probability vs. loss probability	1.58	—	—
Calmar ratio: Return relative to maximum drawdown	7.32	—	—
Martin ratio: Return relative to average drawdown	19.02	—	—

Drawdowns

LODI vs. CLOC - Drawdown Comparison

The maximum LODI drawdown since its inception was -1.01%, which is greater than CLOC's maximum drawdown of -0.54%. Use the drawdown chart below to compare losses from any high point for LODI and CLOC.

Drawdown Indicators

	LODI	CLOC	Difference
Max Drawdown Largest peak-to-trough decline	-1.01%	-0.54%	-0.47%
Max Drawdown (1Y) Largest decline over 1 year	-0.75%	—	—
Current Drawdown Current decline from peak	0.00%	-0.06%	+0.06%
Average Drawdown Average peak-to-trough decline	-0.20%	-0.06%	-0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.29%	—	—

Volatility

Volatility by Period

	LODI	CLOC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.33%	0.88%	+1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.32%	0.88%	+1.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.32%	0.88%	+1.44%

LODI vs. CLOC - Expense Ratio Comparison

LODI has a 0.15% expense ratio, which is lower than CLOC's 0.49% expense ratio.

Dividends

LODI vs. CLOC - Dividend Comparison

LODI's dividend yield for the trailing twelve months is around 4.95%, more than CLOC's 3.66% yield.

Position	TTM	2025	2024
CLOC AAM Crescent CLO ETF	3.66%	1.15%	0.00%
LODI AAM SLC Low Duration Income ETF	4.95%	5.11%	0.38%

Frequently Asked Questions

Can I hold both LODI and CLOC in my portfolio?

LODI and CLOC have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LODI or CLOC?

On fees, LODI is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LODI or CLOC?

LODI is cheaper with a 0.15% expense ratio, compared with 0.49% for CLOC.

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

LODI has the higher dividend yield at 4.95%, compared with 3.66% for CLOC.

What is the main difference between LODI and CLOC?

LODI is categorized as Short-Term Bond, while CLOC is CLO. Their fees differ too: 0.15% for LODI and 0.49% for CLOC.