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ACLO vs PCLO

TCW AAA CLO ETF

ACLOANYSE

Virtus Seix AAA Private Credit CLO ETF

PCLOCNYSE Arca

Overlap

No data

Expense ratio

ACLO −0.09pt a year

ACLO0.20%PCLO0.29%

Avg volume · 30D

ACLO 9.5×the volume

ACLO36.8KPCLO3.85K

ACLO vs PCLO Performance

Oct 31, 2025 – Oct 30, 2026

+5.0%ACLO+4.9%PCLO

Oct 31, 2025 to Oct 30, 2026. ACLO +5.0%. PCLO +4.9%. Use the arrow keys to read each point.0%1%2%3%Oct 2025Apr 2026Oct 2026
Expense ratio
ACLO 0.20%, better
PCLO 0.29%
Fund size
ACLO $596M
PCLO $19M
1Y total return
ACLO +5.0%, better
PCLO +4.9%
Yield (12M)
ACLO 4.89%
PCLO 5.00%, better
Holdings
ACLO 368
PCLO 23
Avg volume (30D)
ACLO 36.8K sh, better
PCLO 3.85K sh
NAV per share
ACLO $50.53
PCLO $24.91
52W range

ETF.net Grade

ACLO: Cost 80, Risk 64, Mission not scored, Tradability 70, Holdings 84, Durability 64. PCLO: Cost 45, Risk 76, Mission not scored, Tradability 43, Holdings 46, Durability 29.
Pillar letters and Scores for ACLO, PCLO, with each pillar’s weight
PillarACLOPCLO
Cost30% weightA80HigherC45
Mission25% weightNot scoredNot scored
Risk15% weightB64A76Higher
Tradability15% weightA70HigherC43
Holdings10% weightA84HigherC46
Durability5% weightB64HigherD29

Rank among Collateralized Loan Obligations (CLO) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ACLO and PCLO are both graded against the same 34 Collateralized Loan Obligations (CLO) funds, so their Grades compare head to head.

Collateralized Loan Obligations (CLO)⁠

Category · 34 funds
See all 34 ›

ACLO ranks 4th and PCLO 16th of 34 funds in the Collateralized Loan Obligations (CLO) Category.

  1. Rank 1ACLOAiShares AAA CLO Active ETFScore 83
  2. Rank 1AJAAAJanus Henderson AAA CLO ETFScore 83
  3. Rank 3APAAAPGIM AAA CLO ETFScore 82
  4. Rank 4AACLOTCW AAA CLO ETFScore 74
  5. Rank 5AFAAAFIDELITY AAA CLO ETFScore 73
  6. Rank 16CNCLONuveen AA-BBB CLO ETFScore 50
  7. Rank 16CPCLOVirtus Seix AAA Private Credit CLO ETFScore 50
  8. Rank 18CASECAmerican Century Securitized Credit ETFScore 49

Our read on each fund

ETF.net Research

ACLOATCW AAA CLO ETF

PCLOCVirtus Seix AAA Private Credit CLO ETF

In short

ACLO A 2024 arrival in the crowded AAA CLO aisle. TCW runs it actively, holding roughly 300 of the highest-rated slices of leveraged-loan pools, paying income monthly, at a fee matching the category's cheapest tier.

PCLO No data

Stated mandate

ACLO The fund seeks capital preservation and current income through principal investment in U.S. dollar-denominated AAA-rated collateralized loan obligations.

PCLO No data

Why people hold it

  • ACLO At 0.20% it undercuts the AAA CLO cohort median of 0.25% and matches the cheapest names in the group, including JAAA and CLOA.
  • The mandate is stated narrowly: capital preservation and current income from US dollar AAA-rated CLOs, the top-rated tranches of the structure.tcw.com
  • Roughly 300 positions, chosen deal by deal rather than tracked, so no single CLO carries the portfolio.
  • Pays monthly, and the portfolio itself grades out as one of the stronger books among AAA CLO funds.

PCLO No data

Worth knowing

  • ACLO It trades lightly next to the giants of the category, so spreads can run wider. Limit orders earn their keep here.
  • Launched in late 2024, so the record is short and has not spanned a full credit cycle.
  • Active with no declared index, so there is no tracking figure to hold it to. Results ride on TCW's deal selection.

PCLO No data

Full ACLO profile⁠

Full PCLO profile⁠

ACLO vs PCLO Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ACLO vs PCLO Cost

Overpaying PCLO vs ACLO

$1,797

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

  • ACLO 0.20%

    $4,155

  • PCLO 0.29%

    $5,952

$10,000
30 years

Cost over time

  • ACLO 0.20%
  • PCLO 0.29%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530PCLO $5,952ACLO $4,155

Year by year

YearACLOPCLOOverpaying
10$365$527$162
20$1,421$2,044$623
30$4,155$5,952$1,797

Expense ratio

  • 0.20%ACLO, cheaper
  • 0.29%PCLO
  • Middle half of Collateralized Loan Obligations (CLO) funds
  • Median 0.28%

ACLO 8th cheapest of 34 funds

PCLO 18th cheapest of 34 funds

ACLO vs PCLO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ACLO 4.89%
PCLO 5.00%, better
Payout (12M)
ACLO $2.47
PCLO $1.25
Last payment
ACLO $0.19
PCLO $0.10
Ex-dividend
ACLO Oct 1, 2026
PCLO Oct 20, 2026
Paid on
ACLO Oct 5, 2026
PCLO Oct 27, 2026
Frequency
ACLO Monthly
PCLO Monthly

Distribution history

Per share, 2024 to 2026, same scale for both

ACLOMonthly · 24 paymentsAll ACLO payments⁠
One bar per payment. 24 payments from 2024 to 2026 YTD. Dec 2, 2024 $0.06; Dec 18, 2024 $0.22; Dec 30, 2024 $0.01; Feb 3, 2025 $0.22; Mar 3, 2025 $0.21; Apr 1, 2025 $0.21; May 1, 2025 $0.20; Jun 2, 2025 $0.19; Jul 1, 2025 $0.19; Aug 1, 2025 $0.20; Sep 2, 2025 $0.19; Oct 1, 2025 $0.18; Nov 3, 2025 $0.22; Dec 1, 2025 $0.22; Dec 17, 2025 $0.22; Feb 2, 2026 $0.21; Mar 2, 2026 $0.21; Apr 1, 2026 $0.21; May 1, 2026 $0.21; Jun 1, 2026 $0.21; Jul 1, 2026 $0.19; Aug 3, 2026 $0.19; Sep 1, 2026 $0.19; Oct 1, 2026 $0.19. Use the arrow keys to read each point.$0$0.252026YTD
PCLOMonthly · 23 paymentsAll PCLO payments⁠
One bar per payment. 23 payments from 2024 to 2026 YTD. Dec 20, 2024 $0.11; Jan 21, 2025 $0.09; Feb 20, 2025 $0.13; Mar 20, 2025 $0.12; Apr 21, 2025 $0.12; May 20, 2025 $0.11; Jun 20, 2025 $0.11; Jul 21, 2025 $0.12; Aug 20, 2025 $0.12; Sep 22, 2025 $0.12; Oct 20, 2025 $0.11; Nov 20, 2025 $0.10; Dec 22, 2025 $0.11; Jan 20, 2026 $0.11; Feb 20, 2026 $0.08; Mar 20, 2026 $0.11; Apr 20, 2026 $0.11; May 20, 2026 $0.10; Jun 22, 2026 $0.10; Jul 20, 2026 $0.10; Aug 20, 2026 $0.10; Sep 21, 2026 $0.10; Oct 20, 2026 $0.10. Use the arrow keys to read each point.$0$0.252026YTD

ACLO vs PCLO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ACLO 0.6%since Dec 2024PCLO 0.7%since Jan 2025
Return per unit of riskSharpe ratio, 3 years
ACLO 1.74since Dec 2024PCLO 1.61since Jan 2025
Worst fallMax drawdown, 5 years
ACLO −1.0%since Nov 2024PCLO −0.8%since Dec 2024
Market sensitivityBeta, 5 years
ACLO 0.04PCLO 0.04Same figure. Both funds show the same value, so neither comes out ahead.

Popular comparisons

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    TCW AAA CLO ETF · iShares AAA CLO Active ETF

    Expense ratio
    0.20% · 0.20%
    Category
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    Expense ratio
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    Category
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    Expense ratio
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    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • ACLOAvsPAAAA

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    Expense ratio
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    Category
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  • PCLOCvsPAAAA

    Virtus Seix AAA Private Credit CLO ETF · PGIM AAA CLO ETF

    Expense ratio
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    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.