TRIN vs. CLOA
TRIN (Trinity Capital Inc.) is a stock, while CLOA (iShares AAA CLO Active ETF) is CLO fund actively managed by BlackRock. Over the past 3 years, TRIN returned 28.21%/yr vs 6.62%/yr for CLOA. At a 0.07 correlation, their price movements are largely independent.
Performance
TRIN vs. CLOA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TRIN achieves a 30.54% return, which is significantly higher than CLOA's 2.26% return.
TRIN
- 1D
- 0.06%
- 1M
- 9.86%
- YTD
- 30.54%
- 6M
- 30.19%
- 1Y
- 49.56%
- 3Y*
- 28.21%
- 5Y*
- 20.59%
- 10Y*
- —
CLOA
- 1D
- -0.01%
- 1M
- 0.25%
- YTD
- 2.26%
- 6M
- 2.47%
- 1Y
- 5.22%
- 3Y*
- 6.62%
- 5Y*
- —
- 10Y*
- —
TRIN vs. CLOA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TRIN Trinity Capital Inc. | 30.54% | 16.01% | 14.83% | 37.72% |
CLOA iShares AAA CLO Active ETF | 2.26% | 5.44% | 7.25% | 8.38% |
Correlation
The correlation between TRIN and CLOA is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2023 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TRIN vs. CLOA — Risk / Return Rank
TRIN
CLOA
TRIN vs. CLOA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trinity Capital Inc. (TRIN) and iShares AAA CLO Active 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.
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.
| TRIN | CLOA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.20 | ||
| Sortino ratioReturn per unit of downside risk | -11.05 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 3.41 | -2.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.32 | 29.67 | -26.34 |
| Martin ratioReturn relative to average drawdown | 8.36 | 151.25 | -142.89 |
Loading charts...
Drawdowns
TRIN vs. CLOA - Drawdown Comparison
The maximum TRIN drawdown since its inception was -43.12%, which is greater than CLOA's maximum drawdown of -1.34%. Use the drawdown chart below to compare losses from any high point for TRIN and CLOA.
Loading charts...
Drawdown Indicators
| TRIN | CLOA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.12% | -1.34% | -41.78% |
Max Drawdown (1Y)Largest decline over 1 year | -14.99% | -0.18% | -14.81% |
Max Drawdown (3Y)Largest decline over 3 years | -15.58% | -1.13% | -14.45% |
Max Drawdown (5Y)Largest decline over 5 years | -43.12% | — | — |
Current DrawdownCurrent decline from peak | -0.06% | -0.01% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -8.87% | -0.05% | -8.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.95% | 0.03% | +5.92% |
Volatility
TRIN vs. CLOA - Volatility Comparison
Trinity Capital Inc. (TRIN) has a higher volatility of 7.92% compared to iShares AAA CLO Active ETF (CLOA) at 0.15%. This indicates that TRIN's price experiences larger fluctuations and is considered to be riskier than CLOA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TRIN | CLOA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 0.15% | +7.77% |
Volatility (6M)Calculated over the trailing 6-month period | 16.50% | 0.49% | +16.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.07% | 0.69% | +20.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.75% | 1.31% | +25.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.02% | 1.31% | +25.71% |
Dividends
TRIN vs. CLOA - Dividend Comparison
TRIN's dividend yield for the trailing twelve months is around 20.93%, more than CLOA's 4.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CLOA iShares AAA CLO Active ETF | 4.95% | 5.35% | 6.01% | 5.88% | 0.00% | 0.00% |
TRIN Trinity Capital Inc. | 20.93% | 13.92% | 14.10% | 14.04% | 21.32% | 7.17% |
Frequently Asked Questions
TRIN and CLOA have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRIN has higher volatility (7.92%) compared to CLOA (0.15%). In terms of maximum drawdown, TRIN dropped -43.12% vs CLOA's -1.34%.
CLOA currently has the higher Sharpe Ratio (7.57 vs 2.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for TRIN and CLOA
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer