BlackRock AAA CLO ETF (CLOA) Performance
CLOA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.8% since Dec 31, 2025
- 1 year
- +5.0% total return
- 3 years
- +6.2% a year
- Since first price
- +6.6% a year since 2023
CLOA trailing returns vs AGG, TLT, SPY
| Period | CLOA total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.2% | −0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | +1.2% | +0.0% | −0.4% | −1.0% | +3.2% |
| 6 months | +2.4% | +0.0% | −1.5% | −3.8% | +7.8% |
| YTD | +3.8% | +0.3% | −1.0% | −3.4% | +12.3% |
| 1 year | +5.0% | +0.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +19.7%+6.2%/yr | +1.5% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionJan 12, 2023 | +27.3%+6.6%/yr | +3.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: CLOA vs AGG
From Jan 12, 2023: CLOA grew to $12,727, AGG to $10,989.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CLOA returns by calendar year
2 of 2 full years positive. Best 2024 (+7.3%), worst 2025 (+5.4%). 2026 is year to date.
CLOA annual returns table
| Year | CLOA | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +3.8% | −0.2% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.4% | −1.1% | +7.2% | +4.3% | +17.7% |
| 2024 | +7.3% | −0.3% | +1.3% | −8.1% | +24.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
CLOA risk statistics
| Statistic | 3 years | Since 2023 |
|---|---|---|
| Annualized return | +6.1% | +6.3% |
| Volatility (annualized) | 0.8% | 0.9% |
| Sharpe ratio | 2.35 | 2.06 |
| Sortino ratio | 5.48 | 4.69 |
| Best month | +0.9% | +1.0% |
| Worst month | −0.1% | −0.1% |
| Best 12 months | +7.8% | +9.1% |
| Worst 12 months | +4.8% | +4.8% |
| Positive months | 94% | 93% |
| Beta vs S&P 500 | 0.03 | — |
| Correlation with S&P 500 | 0.54 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
CLOA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 34 | +4.8% | +6.0% | +9.1% | 100% |
| 3-year (a year) | 10 | +6.1% | +6.6% | +6.9% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
CLOA performance overview
BlackRock AAA CLO ETF (CLOA) returned +5.0% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +6.6% a year, turning $10,000 into about $12,727. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: CLOA chart, CLOA dividends, CLOA bond profile. See the CLOA overview for the latest quote and fund facts.
CLOA performance FAQ
What is the CLOA return over the past year?
CLOA returned +5.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 0.1%.
How much would $10,000 invested in CLOA be worth?
$10,000 invested in CLOA at its first recorded close on January 12, 2023 would be worth about $12,727 on October 23, 2026 with distributions reinvested.
What was the worst year for CLOA?
The worst calendar year was 2025, with a total return of +5.4%. The best was 2024 at +7.3%.
How volatile is CLOA?
Over the past 3 years CLOA had an annualized volatility of 0.8% and a Sharpe ratio of 2.35 (excess return over 1–3 month T-bills per unit of risk).