CLOI vs USIG: Grades, Fees and Holdings Compared

VanEck CLO ETF

CLOI—NYSE Arca

iShares Broad USD Investment Grade Corporate Bond ETF

USIGANasdaq

Overlap

0.0%by weight

Expense ratio

USIG −0.25pt a year

CLOI0.29%USIG0.04%

Avg volume · 30D

USIG 7.0×the volume

CLOI309KUSIG2.16M

3Y return · a year

CLOI+6.5%USIG+6.5%

CLOI vs USIG Performance

Oct 31, 2025 – Oct 30, 2026

+5.1%CLOI−0.4%USIG

Expense ratio: CLOI 0.29%; USIG 0.04%, better
Fund size: CLOI $1.8B; USIG $18B
1Y total return: CLOI +5.1%, better; USIG −0.4%
Yield (12M): CLOI 5.08%, better; USIG 4.92%
Holdings: CLOI 193; USIG 11595
Avg volume (30D): CLOI 309K sh; USIG 2.16M sh, better
NAV per share: CLOI $52.96; USIG $49.53
52W range

ETF.net Grade

—CLOIUnder classification review

Pillar letters and Scores for CLOI, USIG, with each pillar’s weight
Pillar	CLOI	USIG
Cost30% weight	Not scored	A98
Mission25% weight	Not scored	A100
Risk15% weight	Not scored	C48
Tradability15% weight	Not scored	A95
Holdings10% weight	Not scored	A97
Durability5% weight	Not scored	A92

Rank among Investment Grade Corporate funds

How we build Categories ›

Investment Grade Corporate⁠

Category · 49 funds

See all 49 ›

USIG ranks 1st of 49 funds in the Investment Grade Corporate Category.

Rank 1AUSIGiShares Broad USD Investment Grade Corporate Bond ETFScore 90
Rank 2ASPBOState Street SPDR Portfolio Corporate Bond ETFScore 89
CLOINot yet graded

Our read on each fund

ETF.net Research

CLOI—VanEck CLO ETF

USIGAiShares Broad USD Investment Grade Corporate Bond ETF

In short

CLOI No data

USIG Most investment-grade corporate bond funds hand you one slice of the maturity curve. USIG takes the whole thing, thousands of US dollar corporate bonds from short-dated to long, for four basis points a year.

Stated mandate

CLOI No data

USIG The fund seeks to track an index of U.S. dollar-denominated investment-grade corporate bonds.

Why people hold it

CLOI No data

USIG Costs 0.04% a year, against a category median near 0.19%. CORP, which tracks the same ICE BofA US Corporate Index, charges 0.41%.
One ticker, the full USD investment-grade corporate curve: thousands of bonds, short to long. Slice funds like IGSB (1-5 year) and IGIB (5-10 year) each cover one segment.ishares.com
Running since 2007, it has tracked its index with very little drift and is one of the more actively traded funds in its category.
Interest lands monthly, and this is a multi-billion-dollar fund that ranks among the strongest implementations in its peer group.

Worth knowing

CLOI No data

USIG Owning the whole curve means long-dated bonds ride along, so the price swings more when rates move than a short-maturity slice such as IGSB.
This is corporate credit, not Treasuries. Investment grade at purchase, but prices can fall when spreads widen or an issuer is downgraded.ishares.com
VCIT edges it on fee at 0.03%, though that fund stays in intermediate maturities rather than the full curve.

Full CLOI profile⁠

Full USIG profile⁠

CLOI vs USIG Holdings

How CLOI and USIG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of CLOI and 0.0% of USIG.

Level by level

Holdings0 in both0.0%
Countryby domicile20.3%

Sector

No Sector split for CLOI.

Country, concentration and asset class

Country by domicile

Country weights in CLOI and USIG, widest gap first
Country	More in CLOIMore in USIG	CLOI	USIG
Cayman Islands	CLOI +79.2 points	80.4%	1.2%
United States	USIG +61.2 points	18.3%	79.5%
United Kingdom	USIG +3.2 points	0.6%	3.8%
Canada	USIG +3.0 points	0.0%	3.0%
Japan	USIG +2.3 points	0.0%	2.3%
France	USIG +1.7 points	0.0%	1.7%
Netherlands	USIG +1.2 points	0.0%	1.2%
Australia	USIG +1.1 points	0.0%	1.1%
Other countries (30)	USIG +5.7 points	0.6%	6.3%

Outside the US: CLOI 1% developed, 99% emerging.

Concentration

Weight in the 10 largest Holdings

CLOI30.1%
USIG0.9%

Securities held

CLOI160
USIG11,584

Asset class

CLOI: Multi-Asset
USIG: Fixed Income

Holdings

Only in CLOI160
In both0
Only in USIG11,584

Only in CLOI

160 securities, 100% of CLOI by weight

United States Treasury Bill9.58%
Ds2 Clo 1 Ltd3.87%
Anchorage Capital Clo 2026-22 Ltd3.54%
Signal Peak Clo 4 Ltd3.24%
Cqs Us Clo 6 Ltd2.21%
Sona Us Clo 1 Ltd2.13%
Kkr Clo 46 Ltd2.06%
Regatta Vi Funding Ltd2.03%
Sagard-Halseypoint Clo 10 Ltd1.95%
Ocean Trails Clo Xv Ltd1.95%
Carlyle Us Clo 2022-5 Ltd1.52%
Neuberger Berman Loan Advisers Clo 38 L1.49%
Anchorage Capital Clo 38 Ltd1.47%
Sculptor Clo Xxix Ltd1.46%
Silver Rock Clo Ii Ltd1.28%
Neuberger Berman Loan Advisers Clo 42 L1.25%
Kkr Clo 36 Ltd1.23%
Park Blue Clo 2022-Ii Ltd1.23%
Orion Clo 2024-4 Ltd1.22%
Cqs Us Clo 2025-4 Ltd1.21%
Diameter Capital Clo 7 Ltd1.20%
Rockford Tower Clo 2021-2 Ltd1.17%
Bridge Street Clo I Ltd1.16%
Icg Us Clo 2025-2 Ltd1.04%
Market Street Clo Ltd Iii1.04%
Canyon Capital Clo 2019-2 Ltd0.98%
Trinitas Clo Xx Ltd0.94%
Capital Four Us Clo Ltd0.93%
Canyon Clo 2020-2 Ltd0.93%
Ares Loan Funding Vi Ltd0.92%
Ozlm Xiv Ltd0.91%
Kkr Clo 32 Ltd0.91%
Anchorage Capital Clo 11 Ltd0.89%
Kkr Clo 37 Ltd0.87%
Arini Us Clo Vii Ltd0.85%
Anchorage Capital Clo 32 Ltd0.84%
Cqs Us Clo 8 Ltd0.82%
Canyon Capital Clo 2022-1 Ltd0.81%
Sagard-Halseypoint Clo 8 Ltd0.81%
Bluemountain Clo Xxx Ltd0.81%
Lcm 39 Ltd0.80%
Columbia Cent Clo 34 Ltd0.80%
Bluemountain Clo Xxxi Ltd0.79%
Sona Us Clo 3 Ltd0.77%
Whitebox Clo Iv Ltd0.76%
Rockford Tower Clo 2021-3 Ltd0.75%
Lcm 40 Ltd0.74%
Wellfleet Clo 2021-2 Ltd0.73%
Bridge Street Clo Ii Ltd0.73%
Bluemountain Clo Xxv Ltd0.72%

Only in USIG

11,584 securities, 99.7% of USIG by weight

Sopaipilla Investor Llc 144A 7.53% 11/30/20480.11%
Eagle Funding Luxco S. R.l. 144A 5.50% 08/17/20300.08%
Anheuser-Busch Companies Llc 4.90% 02/01/20460.08%
Bank of America Corp 3.42% 12/20/20280.08%
T-Mobile Usa Inc 3.88% 04/15/20300.07%
Paramount Skydance Corp 144A 7.05% 10/15/20310.07%
Cvs Health Corp 5.05% 03/25/20480.07%
Space Exploration Technologies Cor 144A 5.35% 07/15/20310.06%
Goldman Sachs Group Inc (Fxd-Frn) 4.15% 01/21/20290.06%
Goldman Sachs Group Inc/The 6.75% 10/01/20370.06%
AbbVie Inc 3.20% 11/21/20290.06%
Meta Platforms Inc 5.63% 11/15/20550.06%
Amazon.com Inc 4.88% 03/13/20360.06%
Pfizer Investment Enterprises Pte 5.30% 05/19/20530.06%
Charter Communications Operating L 144A 7.34% 09/01/20410.06%
Meta Platforms Inc 6.30% 05/15/20560.06%
Paramount Skydance Corp 144A 7.90% 10/15/20360.06%
Boeing Co 5.80% 05/01/20500.06%
Paramount Skydance Corp 144A 7.55% 10/15/20330.06%
Wells Fargo & Company Mtn 5.57% 07/25/20290.06%
Cvs Health Corp 4.30% 03/25/20280.06%
Space Exploration Technologies Cor 144A 5.88% 07/15/20360.05%
Charter Communications Operating L 144A 7.09% 09/01/20380.05%
Space Exploration Technologies Cor 144A 5.65% 07/15/20330.05%
Bank of America Corp Mtn 5.47% 01/23/20350.05%
Anheuser-Busch Companies Llc 4.70% 02/01/20360.05%
Mars Inc 144A 5.20% 03/01/20350.05%
Bank of America Corp Mtn 5.01% 07/22/20330.05%
Pfizer Investment Enterprises Pte 4.75% 05/19/20330.05%
Bank of America Corp Mtn 5.29% 04/25/20340.05%
JPMorgan Chase & Co 5.35% 06/01/20340.05%
Mars Inc 144A 5.70% 05/01/20550.05%
Alphabet Inc 5.45% 08/15/20360.05%
Boeing Co 5.15% 05/01/20300.05%
AbbVie Inc 4.25% 11/21/20490.05%
Amazon.com Inc 6.05% 03/13/20760.05%
NVIDIA Corporation 4.50% 06/15/20310.05%
Bank of America Corp Mtn 2.69% 04/22/20320.05%
JPMorgan Chase & Co 4.91% 07/25/20330.05%
Amazon.com Inc 5.30% 07/09/20360.05%
AT&T Inc 3.50% 09/15/20530.05%
Paramount Skydance Corp 144A 8.75% 10/15/20560.05%
Citigroup Inc 5.86% 09/24/20370.05%
Wells Fargo & Company Mtn 5.01% 04/04/20510.05%
Meta Platforms Inc 5.25% 05/15/20360.05%
Cvs Health Corp 4.78% 03/25/20380.05%
Meta Platforms Inc 4.88% 11/15/20350.05%
AT&T Inc 3.55% 09/15/20550.05%
Salesforce Inc 5.55% 03/15/20360.05%
NVIDIA Corporation 4.95% 06/15/20360.05%

Weight gaps

CLOI and USIG share no securities.

All 159 CLOI holdings⁠All 11,630 USIG 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.

CLOI vs USIG Cost

Overpaying CLOI vs USIG

$5,103

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

CLOI 0.29%
$5,952
USIG 0.04%
$849

Amount$10,000

Years30 years

Cost over time

CLOI 0.29%
USIG 0.04%
Overpaying

Year by year

Year	CLOI	USIG	Overpaying
10	$527	$73	$454
20	$2,044	$288	$1,756
30	$5,952	$849	$5,103

Expense ratio

0.29%CLOI
0.04%USIG, cheaper

USIG0.04%CLOI0.29%

0.03%0.53%

Middle half of Investment Grade Corporate funds
Median 0.25%

USIG 3rd cheapest of 49 funds

CLOI 26th cheapest of 49 funds

CLOI vs USIG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): CLOI 5.08%, better; USIG 4.92%
Payout (12M): CLOI $2.69; USIG $2.44
Last payment: CLOI $0.21; USIG $0.21
Ex-dividend: CLOI Oct 1, 2026; USIG Oct 1, 2026
Paid on: CLOI Oct 6, 2026; USIG Oct 6, 2026
Frequency: CLOI Monthly; USIG Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

CLOIMonthly · 45 paymentsAll CLOI payments⁠

USIGMonthly · 45 paymentsAll USIG payments⁠

CLOI vs USIG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: CLOI 0.8%, betterUSIG 6.1%
Return per unit of riskSharpe ratio, 3 years: CLOI 2.76, betterUSIG 0.34
Worst fallMax drawdown, 5 years: CLOI −3.3%since Jun 2022USIG −21.1%
Market sensitivityBeta, 5 years: CLOI 0.02USIG 1.04; Market = 1

CLOI and USIG in the news

All news⁠

Best ETFs
Best bond ETFs for a portfolio hold the whole investment-grade market
Updated Nov 2, 2026USIG
Filings Digest
VanEck cuts its CLO ETF fee from 0.36% to 0.29%
Oct 8, 2026CLOI
Best ETFs
Best bond ETFs: LQD, HYG and TLT cost more than the funds beside them
Updated Oct 2, 2026USIG
ETF Filings
PGIM files for a CLO fund at 0.28% and a real estate fund at 0.49%
Sep 28, 2026CLOI

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CLOI vs USIG

In short

Stated mandate

Why people hold it