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Launched

VanEck AA-BB CLO ETF

CLOBNYSE ArcaVanEckD

$50.05−0.03 (−0.07%)

As of Nov 2, 2026, 3:59 PM ET

D37/ 100

Rank 68 of 85 in US High Yield

D37/100Rank 68 of 85inUS High Yield
Intraday session: down, 78 prints from 50.08 to 50.05. Range 50.01 to 50.12. Use the arrow keys to read each point.50.0050.0250.1050.1310 AM12 PM2 PM4 PM
Expense ratio
0.45%
Fund size
$201M
1Y total return
+4.9%
Yield · Last 12 months
6.09%
Holdings
74
Avg volume · 30D
16K sh
52W range
low $49.28high $51.10
Launched

The ETF.net CLOB Grade

D

Score 37 out of 100

Category
US High Yield⁠
Rank
68 of 85
Six-pillar profile for CLOB. Scores out of 100: Cost 45, Risk 70, Mission 0, Tradability 59, Holdings 27, Durability 44. Strongest: Risk (70). Weakest: Mission (0). Leans toward Risk.

Score 37 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C45 out of 100
    Rank 45 of 85

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    F0 out of 100
    Rank 74 of 77

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A70 out of 100
    Rank 5 of 85

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B59 out of 100
    Rank 24 of 85

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D27 out of 100
    Rank 74 of 85

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C44 out of 100
    Rank 59 of 85

Our read on CLOB

ETF.net Research

In short

DMost bond funds buy the loans. CLOB buys the machinery that repackages them: AA-through-BB slices of collateralized loan obligations, picked by an active team rather than an index, with income paid monthly.

Stated mandate

The fund is actively managed and seeks capital preservation and current income. It invests primarily in AA to BB rated tranches of collateralized loan obligations of any maturity.

Why people hold it

  • Narrow, legible mandate: AA to BB rated CLO tranches, the mezzanine middle of the stack rather than the senior top, with capital preservation and current income as the stated goals.
  • Actively run, not index-cloned, but measured against a public yardstick (the JP Morgan CLOIE Balanced Mezzanine Index), so you can see what the managers are being judged on.
  • Distributions land monthly, and the book stays compact at roughly 60 positions, so each tranche the team picks actually shows up in the result.

Worth knowing

  • 0.45% a year sits above the typical high-yield bond ETF, where plain corporate-credit index funds like SCYB (0.03%) and SPHY (0.05%) live. Different job, different sticker.
  • It gets shelved with high-yield bond funds, but structured CLO tranches are a different animal from corporate bonds. Side-by-side peer comparisons do not map cleanly.
  • Launched in 2024 and thinly traded, so the track record is short and bid-ask spreads can widen when the tape gets quiet.

CLOB Performance

Launched Sep 24, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
CLOB$10,487
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. CLOB $10,487. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CLOB. Periods over one year show the average yearly return.
PeriodCLOB
Year to date+3.7%
1 month+0.3%
3 months+1.2%
1 year+4.9%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CLOB
YearReturn barCLOB
2026 YTD+3.7%
2025+6.9%
2024+2.8%

History from Sep 25, 2024

CLOB in the news

CLOB Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
6.09%Last 12 months
Payout per share
$3.06Last 12 months
Last payment
$0.23 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2024–2026

One bar per payment. 24 payments from 2024 to 2026 YTD. Nov 1, 2024 $0.23; Dec 2, 2024 $0.32; Dec 27, 2024 $0.29; Feb 3, 2025 $0.28; Mar 3, 2025 $0.20; Apr 1, 2025 $0.27; May 1, 2025 $0.29; Jun 2, 2025 $0.28; Jul 1, 2025 $0.30; Aug 1, 2025 $0.30; Sep 2, 2025 $0.28; Oct 1, 2025 $0.26; Nov 3, 2025 $0.28; Nov 28, 2025 $0.26; Dec 29, 2025 $0.33; Feb 2, 2026 $0.24; Mar 2, 2026 $0.23; Apr 1, 2026 $0.25; May 1, 2026 $0.24; Jun 1, 2026 $0.25; Jul 1, 2026 $0.25; Aug 3, 2026 $0.25; Sep 1, 2026 $0.25; Oct 1, 2026 $0.23. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.25
Oct 1, 2026Oct 6, 2026$0.23
Sep 1, 2026Sep 4, 2026$0.25
Aug 3, 2026Aug 6, 2026$0.25
Jul 1, 2026Jul 7, 2026$0.25
Jun 1, 2026Jun 4, 2026$0.25
May 1, 2026May 6, 2026$0.24
Apr 1, 2026Apr 7, 2026$0.25
Mar 2, 2026Mar 5, 2026$0.23
Feb 2, 2026Feb 5, 2026$0.24
Dec 29, 2025Dec 31, 2025$0.33
Nov 28, 2025Dec 3, 2025$0.26

See all 25 payments⁠

$10,000 in CLOB 1 year ago paid $601 in dividends.⁠

CLOB Risk

Risk pillarA70 out of 100Rank 5 of 85 in US High Yield
How much the fund’s monthly returns vary, scaled to a year.
2.5%
Annualised · 25 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.87
vs 3-month T-bills · 25 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−5.5%
25 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.13
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

CLOB Cost

Compare CLOB and SCYB

Overpaying vs SCYB, cheapest in US High Yield

$8,403

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CLOB 0.45%

    $9,041

  • SCYB 0.03% Cheapest

    $638

$10,000
30 years

Cost over time

  • CLOB 0.45%
  • SCYB 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530CLOB $9,041SCYB $638

Year by year

YearCLOBSCYBOverpaying
10$812$55$757
20$3,128$216$2,912
30$9,041$638$8,403

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