RCLO vs. SCSB

Last updated Jul 10, 2026

RCLO (Reckoner BBB-B CLO ETF) and SCSB (Sterling Capital Short Duration Bond ETF) are both Actively Managed funds. Both are actively managed. At a 0.25 correlation, their price movements are largely independent. RCLO charges 0.50%/yr vs 0.33%/yr for SCSB.

Performance

RCLO vs. SCSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Reckoner BBB-B CLO ETF (RCLO) and Sterling Capital Short Duration Bond ETF (SCSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RCLO

• 1D: -0.07%
• 1M: 0.22%
• 6M: 2.02%
• YTD: 2.22%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SCSB

• 1D: 0.05%
• 1M: 0.29%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RCLO vs. SCSB - Yearly Performance Comparison

	2026 (YTD)
RCLO Reckoner BBB-B CLO ETF	3.10%
SCSB Sterling Capital Short Duration Bond ETF	1.07%

Correlation

The correlation between RCLO and SCSB is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 30, 2026	0.25

Return for Risk

RCLO vs. SCSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Reckoner BBB-B CLO ETF (RCLO) and Sterling Capital Short Duration Bond ETF (SCSB). 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

RCLO vs. SCSB - Drawdown Comparison

The maximum RCLO drawdown since its inception was -3.70%, which is greater than SCSB's maximum drawdown of -0.46%. Use the drawdown chart below to compare losses from any high point for RCLO and SCSB.

Drawdown Indicators

	RCLO	SCSB	Difference
Max Drawdown Largest peak-to-trough decline	-3.70%	-0.46%	-3.24%
Current Drawdown Current decline from peak	-0.07%	-0.03%	-0.04%
Average Drawdown Average peak-to-trough decline	-0.45%	-0.09%	-0.36%

Volatility

Volatility by Period

	RCLO	SCSB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.97%	1.46%	+1.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.97%	1.46%	+1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.97%	1.46%	+1.51%

RCLO vs. SCSB - Expense Ratio Comparison

RCLO has a 0.50% expense ratio, which is higher than SCSB's 0.33% expense ratio.

Dividends

RCLO vs. SCSB - Dividend Comparison

RCLO's dividend yield for the trailing twelve months is around 4.74%, more than SCSB's 1.62% yield.

Position	TTM	2025
RCLO Reckoner BBB-B CLO ETF	4.74%	1.32%
SCSB Sterling Capital Short Duration Bond ETF	1.62%	0.00%

Frequently Asked Questions

Can I hold both RCLO and SCSB in my portfolio?

RCLO and SCSB have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RCLO or SCSB?

On fees, SCSB is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RCLO or SCSB?

SCSB is cheaper with a 0.33% expense ratio, compared with 0.50% for RCLO.

Which ETF pays a higher dividend yield, RCLO or SCSB?

RCLO has the higher dividend yield at 4.74%, compared with 1.62% for SCSB.

What is the main difference between RCLO and SCSB?

They also come from different issuers: Reckoner and Sterling Capital. Their fees differ too: 0.50% for RCLO and 0.33% for SCSB.