Hartford AAA CLO ETF
$38.94+0.01 (+0.03%)
- 0.24%
- $171M
- +5.1%
- 4.79%
- 35.5K sh
- low $38.44high $39.27
The ETF.net TRPA Grade
B
Score 57 out of 100
- 11 of 34
Score 57 of 100 falls in the B 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.B58 out of 100Rank 15 of 34Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C48 out of 100Rank 20 of 33Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 15 of 34Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A79 out of 100Rank 8 of 34Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B66 out of 100Rank 12 of 34
Our read on TRPA
In short
BFloating-rate AAA CLO paper, actively picked instead of indexed: capital preservation plus monthly income from the senior slice of the loan-securitization stack. The quieter, smaller name in an aisle that filled up fast.
Stated mandate
The Fund seeks capital preservation and current income by investing primarily in high-quality, floating-rate collateralized loan obligations. It is actively managed and does not seek to track a specified index.
Why people hold it
Worth knowing
TRPA Performance
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.
TRPA$10,507
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.
| Period | TRPA |
|---|---|
| Year to date | +4.0% |
| 1 month | +0.6% |
| 3 months | +1.3% |
| 1 year | +5.1% |
| 3 years | +6.5% |
| 5 years | +3.8% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | TRPA |
|---|---|---|
| 2026 YTD | +4.0% | |
| 2025 | +5.5% | |
| 2024 | +6.4% | |
| 2023 | +7.5% | |
| 2022 | −4.4% | |
| 2021 | +0.6% | |
| 2020 | +3.8% |
TRPA in the news
TRPA Dividends
- 4.79%
- $1.86
- $0.15 per share
- Monthly
TRPA Risk
- 1.2%
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.
- 1.67
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.
- −6.7%
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.
- 0.09
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.
TRPA Cost
Overpaying vs CLOC, cheapest in Collateralized Loan Obligations (CLO)
$1,210
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
TRPA 0.24%
$4,959
CLOC 0.18% Cheapest
$3,749
Cost over time
Year by year
| Year | TRPA | CLOC | Overpaying |
|---|---|---|---|
| 10 | $437 | $328 | $109 |
| 20 | $1,699 | $1,281 | $418 |
| 30 | $4,959 | $3,749 | $1,210 |
Other funds in Collateralized Loan Obligations (CLO)
- BFUSIAmerican Century Ultrashort Income ETFExpense ratio 0.19%1 year return +4.6%
- BCLOONYLI Investment Grade CLO ETFExpense ratio 0.25%1 year return
- CUUPPPrincipal CLO ETFExpense ratio 0.19%1 year return
- CPSQAPalmer Square CLO Senior Debt ETFExpense ratio 0.21%1 year return +5.3%
- CAAAAlternative Access First Priority CLO Bond ETFExpense ratio 0.19%1 year return +3.7%
