VanEck AA-BB CLO ETF (CLOB) Performance
CLOB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +3.6% since Dec 31, 2025
- 1 year
- +5.0% total return
- Since first price
- +13.9% since 2024
CLOB trailing returns vs AGG, TLT, SPY
| Period | CLOB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.3% | −0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | +1.2% | −0.2% | −0.4% | −1.0% | +3.2% |
| 6 months | +3.1% | +0.2% | −1.5% | −3.8% | +7.8% |
| YTD | +3.6% | −0.8% | −1.0% | −3.4% | +12.3% |
| 1 year | +5.0% | −1.2% | −1.1% | −6.9% | +14.4% |
| Since inceptionSep 25, 2024 | +13.9% | +0.4% | — | — | — |
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: CLOB vs AGG
From Sep 25, 2024: CLOB grew to $11,387, AGG to $10,294.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
CLOB returns by calendar year
1 of 1 full years positive. Best 2025 (+6.9%), worst 2025 (+6.9%). 2026 is year to date.
CLOB annual returns table
| Year | CLOB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +3.6% | −2.0% | −1.0% | −3.4% | +12.3% |
| 2025 | +6.9% | −5.5% | +7.2% | +4.3% | +17.7% |
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.
CLOB largest drawdowns
Now 0.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 7, 2025 | −5.5% | Apr 4, 2025 | May 15, 2025 | 28 days | 2 months |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
CLOB risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +6.5% |
| Volatility (annualized) | 2.5% |
| Sharpe ratio | 0.95 |
| Sortino ratio | 1.51 |
| Best month | +2.5% |
| Worst month | −1.2% |
| Best 12 months | +8.3% |
| Worst 12 months | +4.8% |
| Positive months | 88% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
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.
CLOB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 14 | +4.7% | +6.2% | +8.3% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
CLOB performance overview
VanEck AA-BB CLO ETF (CLOB) returned +5.0% over the past year, with distributions reinvested. Since its first recorded price on Sep 25, 2024 it has returned +13.9%. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −5.5%, from Mar 7, 2025 to Apr 4, 2025, and it took 41 days to get back to the old high. Volatility has been 2.5% a year.
Related: CLOB chart, CLOB dividends, CLOB bond profile. See the CLOB overview for the latest quote and fund facts.
CLOB performance FAQ
What is the CLOB return over the past year?
CLOB returned +5.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.2%.
How much would $10,000 invested in CLOB be worth?
$10,000 invested in CLOB at its first recorded close on September 25, 2024 would be worth about $11,387 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of CLOB?
The largest peak-to-trough decline was −5.5% between March 7, 2025 and April 4, 2025. It recovered to the old high on May 15, 2025, 41 days after the bottom.
How volatile is CLOB?
Over the past history CLOB had an annualized volatility of 2.5% and a Sharpe ratio of 0.95 (excess return over 1–3 month T-bills per unit of risk).