TIIV vs. CLOC

Last updated Jul 10, 2026

TIIV (AAM Todd International Intrinsic Value ETF) and CLOC (AAM Crescent CLO ETF) are both exchange-traded funds - TIIV is a Actively Managed fund actively managed by AAM, while CLOC is a CLO fund actively managed by AAM. Both are actively managed. At a 0.11 correlation, their price movements are largely independent. TIIV charges 0.54%/yr vs 0.49%/yr for CLOC.

Performance

TIIV vs. CLOC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM Todd International Intrinsic Value ETF (TIIV) 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, TIIV achieves a 11.37% return, which is significantly higher than CLOC's 2.84% return.

TIIV

• 1D: 0.61%
• 1M: 3.12%
• 6M: 8.82%
• YTD: 11.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLOC

• 1D: 0.04%
• 1M: 0.40%
• 6M: 2.59%
• YTD: 2.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TIIV vs. CLOC - Yearly Performance Comparison

	2026 (YTD)	2025
TIIV AAM Todd International Intrinsic Value ETF	11.37%	6.06%
CLOC AAM Crescent CLO ETF	2.84%	0.93%

Correlation

The correlation between TIIV and CLOC is 0.11, 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 Oct 23, 2025	0.11

Return for Risk

TIIV vs. CLOC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM Todd International Intrinsic Value ETF (TIIV) 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.

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

Drawdowns

TIIV vs. CLOC - Drawdown Comparison

The maximum TIIV drawdown since its inception was -9.68%, which is greater than CLOC's maximum drawdown of -0.54%. Use the drawdown chart below to compare losses from any high point for TIIV and CLOC.

Drawdown Indicators

	TIIV	CLOC	Difference
Max Drawdown Largest peak-to-trough decline	-9.68%	-0.54%	-9.14%
Current Drawdown Current decline from peak	-0.49%	0.00%	-0.49%
Average Drawdown Average peak-to-trough decline	-1.87%	-0.06%	-1.81%

Volatility

Volatility by Period

	TIIV	CLOC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	14.61%	0.87%	+13.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.61%	0.87%	+13.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.61%	0.87%	+13.74%

TIIV vs. CLOC - Expense Ratio Comparison

TIIV has a 0.54% expense ratio, which is higher than CLOC's 0.49% expense ratio.

Dividends

TIIV vs. CLOC - Dividend Comparison

TIIV's dividend yield for the trailing twelve months is around 3.20%, less than CLOC's 4.19% yield.

Position	TTM	2025
CLOC AAM Crescent CLO ETF	4.19%	1.15%
TIIV AAM Todd International Intrinsic Value ETF	3.20%	2.33%

Frequently Asked Questions

Can I hold both TIIV and CLOC in my portfolio?

TIIV and CLOC have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TIIV or CLOC?

On fees, CLOC is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TIIV or CLOC?

CLOC is cheaper with a 0.49% expense ratio, compared with 0.54% for TIIV.

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

CLOC has the higher dividend yield at 4.19%, compared with 3.20% for TIIV.

What is the main difference between TIIV and CLOC?

TIIV is categorized as Actively Managed, while CLOC is CLO. Their fees differ too: 0.54% for TIIV and 0.49% for CLOC.