CLOB vs IVV
VanEck AA-BB CLO ETF vs iShares Core S&P 500 ETF
Which is better, CLOB or IVV?
Bank Loan against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CLOB | IVV |
|---|---|---|
| Expense Ratio | 0.45% | 0.03%Best |
| AUM | $176M | $876.4B |
| Dividend Yield | 6.21% | 1.06% |
| Holdings | 70 | 508 |
| YTD Return | +3.14% | +11.03%Best |
| 1Y Return | +5.22% | +15.62%Best |
| 3Y Return (annualized) | - | +20.81% |
| 5Y Return (annualized) | - | +12.61% |
| Volatility (annualized) | 2.6%Best | 12.8% |
| Max Drawdown | -5.5%Best | -18.8% |
| $10,000 over 2 years | $11,368 | $13,577Best |
| Fund Family | VanEck | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | Bank Loan | Large Cap Blend |
| Inception | Sep 24, 2024 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 25, 2024 to Sep 16, 2026 (2 years).
CLOB vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
CLOB vs IVV Performance
VanEck AA-BB CLO ETF (CLOB) is an ETF from VanEck and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year CLOB returned +5.22% while IVV returned +15.62%. Year to date, CLOB is up 3.14% versus a gain of 11.03% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 2.6% for CLOB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -5.5% for CLOB and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CLOB charges 0.45% per year while IVV charges 0.03%. On a $10,000 position that is $45 vs $3 annually, a gap of $42 per year that compounds over a long holding period. On income, CLOB currently yields 6.21% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 2 holdings in CLOB and 490 in IVV, totalling 5.4% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in CLOB and 490 in IVV, against full books of 70 and 508.
You are not choosing between two funds in isolation.
Whichever of CLOB and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CLOB or IVV?
CLOB has an expense ratio of 0.45% while IVV charges 0.03%. IVV is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, CLOB or IVV?
Over the past year CLOB returned +5.22% vs +15.62% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), CLOB annualized +6.62% vs +16.52% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CLOB or IVV?
IVV has been the more volatile fund at 12.8% annualized versus 2.6% for CLOB. Worst drawdown: CLOB -5.5% vs IVV -18.8%.
Should I hold both CLOB and IVV?
CLOB and IVV have a monthly-return correlation of 0.60, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CLOB or IVV?
CLOB yields 6.21% while IVV yields 1.06%, so CLOB currently pays the higher dividend yield.
Is IVV better than CLOB?
IVV has a lower expense ratio. IVV led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.