SEIX vs. CLOA
Compare and contrast key facts about Virtus Seix Senior Loan ETF (SEIX) and BlackRock AAA CLO ETF (CLOA).
SEIX and CLOA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SEIX is an actively managed fund by Virtus Investment Partners. It was launched on Apr 24, 2019. CLOA is an actively managed fund by Blackrock. It was launched on Jan 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SEIX or CLOA.
Correlation
The correlation between SEIX and CLOA is -0.03. 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.
Performance
SEIX vs. CLOA - Performance Comparison
Key characteristics
SEIX:
3.81
CLOA:
8.06
SEIX:
5.24
CLOA:
12.74
SEIX:
2.37
CLOA:
3.89
SEIX:
6.22
CLOA:
19.27
SEIX:
22.10
CLOA:
160.01
SEIX:
0.35%
CLOA:
0.04%
SEIX:
2.02%
CLOA:
0.78%
SEIX:
-17.50%
CLOA:
-1.34%
SEIX:
0.00%
CLOA:
-0.33%
Returns By Period
In the year-to-date period, SEIX achieves a 0.73% return, which is significantly higher than CLOA's 0.43% return.
SEIX
0.73%
0.27%
4.11%
7.84%
5.59%
N/A
CLOA
0.43%
0.08%
2.69%
6.25%
N/A
N/A
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SEIX vs. CLOA - Expense Ratio Comparison
SEIX has a 0.57% expense ratio, which is higher than CLOA's 0.20% expense ratio.
Risk-Adjusted Performance
SEIX vs. CLOA — Risk-Adjusted Performance Rank
SEIX
CLOA
SEIX vs. CLOA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Seix Senior Loan ETF (SEIX) 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.
Dividends
SEIX vs. CLOA - Dividend Comparison
SEIX's dividend yield for the trailing twelve months is around 7.84%, more than CLOA's 6.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
SEIX Virtus Seix Senior Loan ETF | 7.84% | 8.09% | 8.75% | 5.75% | 4.16% | 3.76% | 3.82% |
CLOA BlackRock AAA CLO ETF | 6.02% | 6.01% | 5.88% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SEIX vs. CLOA - Drawdown Comparison
The maximum SEIX drawdown since its inception was -17.50%, which is greater than CLOA's maximum drawdown of -1.34%. Use the drawdown chart below to compare losses from any high point for SEIX and CLOA. For additional features, visit the drawdowns tool.
Volatility
SEIX vs. CLOA - Volatility Comparison
Virtus Seix Senior Loan ETF (SEIX) and BlackRock AAA CLO ETF (CLOA) have volatilities of 0.29% and 0.30%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.