VCOB vs. YCLO

Last updated Jul 30, 2026

VCOB (Voya Core Bond ETF) and YCLO (Franklin BSP CLO ETF) are both exchange-traded funds - VCOB is a Actively Managed fund actively managed by Voya, while YCLO is a CLO fund actively managed by Franklin Templeton. Both are actively managed. Their -0.00 correlation means they have often moved in opposite directions in the past. VCOB charges 0.25%/yr vs 0.35%/yr for YCLO.

Performance

VCOB vs. YCLO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Core Bond ETF (VCOB) and Franklin BSP CLO ETF (YCLO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VCOB

• 1D: -0.33%
• 1M: -1.76%
• 6M: -2.50%
• YTD: -2.21%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

YCLO

• 1D: 0.00%
• 1M: 0.59%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
VCOB Voya Core Bond ETF	$300.60K	$226.80K	$472.29K
YCLO Franklin BSP CLO ETF	$9.14K	$4.49K	$2.97K

VCOB vs. YCLO - Yearly Performance Comparison

	2026 (YTD)
VCOB Voya Core Bond ETF	-1.09%
YCLO Franklin BSP CLO ETF	1.04%

Correlation

The correlation between VCOB and YCLO is -0.00, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026	-0.00

Return for Risk

VCOB vs. YCLO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Core Bond ETF (VCOB) and Franklin BSP CLO ETF (YCLO). 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

VCOB vs. YCLO - Drawdown Comparison

The maximum VCOB drawdown since its inception was -3.53%, which is greater than YCLO's maximum drawdown of -0.04%. Use the drawdown chart below to compare losses from any high point for VCOB and YCLO.

Drawdown Indicators

	VCOB	YCLO	Difference
Max Drawdown Largest peak-to-trough decline	-3.53%	-0.04%	-3.49%
Current Drawdown Current decline from peak	-3.52%	0.00%	-3.52%
Average Drawdown Average peak-to-trough decline	-1.53%	0.00%	-1.53%

Volatility

Volatility by Period

	VCOB	YCLO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.82%	0.43%	+3.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.82%	0.43%	+3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.82%	0.43%	+3.39%

VCOB vs. YCLO - Expense Ratio Comparison

VCOB has a 0.25% expense ratio, which is lower than YCLO's 0.35% expense ratio.

Dividends

VCOB vs. YCLO - Dividend Comparison

VCOB's dividend yield for the trailing twelve months is around 0.50%, more than YCLO's 0.31% yield.

Position	TTM	2025
VCOB Voya Core Bond ETF	0.50%	0.49%
YCLO Franklin BSP CLO ETF	0.31%	0.00%

Frequently Asked Questions

Can I hold both VCOB and YCLO in my portfolio?

VCOB and YCLO have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VCOB or YCLO?

On fees, VCOB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VCOB or YCLO?

VCOB is cheaper with a 0.25% expense ratio, compared with 0.35% for YCLO.

Which ETF pays a higher dividend yield, VCOB or YCLO?

VCOB has the higher dividend yield at 0.50%, compared with 0.31% for YCLO.

What is the main difference between VCOB and YCLO?

VCOB is categorized as Actively Managed, while YCLO is CLO. They also come from different issuers: Voya and Franklin Templeton. Their fees differ too: 0.25% for VCOB and 0.35% for YCLO.