CLOI: VanEck CLO ETF
About
CLOI was created on 2022-06-21 by VanEck. The fund's investment portfolio concentrates primarily on broad credit fixed income. CLOI is actively managed to invest in collateralized loan obligations (CLOs) of any maturity. While targeting USD-denominated high-quality CLOs", the fund may still hold high-yield bonds in foreign currency.
Current Value
$53.071 Year Return
Current Value
$53.071 Year Return
Key Details
Assets Under Management
$715.40M
Div Yield %
6.37%
P/E Ratio
-
Net Asset Value
$53.00
Expense Ratio
0.40%
1Y ETF Return
0.08%
Strategies that include CLOI
Stock's related to CLOI
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| ATNI | 19.77% | $290.80M | -37.65% | 4.95% |
| ORGO | 17.86% | $540.91M | +59.38% | 0.00% |
| VZIO | 17.85% | $2.29B | +67.76% | 0.00% |
| WHLM | 17.80% | $17.64M | -29.34% | 0.00% |
| UONEK | 17.13% | $46.08M | -77.68% | 0.00% |
| CHKP | 17.05% | $19.20B | +20.74% | 0.00% |
| SYM | 16.45% | $4.05B | -25.08% | 0.00% |
| BW | 16.21% | $187.69M | +19.88% | 0.00% |
| HAE | 15.57% | $4.26B | +2.89% | 0.00% |
| BSX | 15.43% | $133.13B | +63.29% | 0.00% |
| BMRN | 15.33% | $11.81B | -29.63% | 0.00% |
| CTMX | 14.74% | $69.86M | -31.59% | 0.00% |
| GRAL | 14.56% | $459.22M | -13.00% | 0.00% |
| ECL | 14.45% | $69.18B | +30.92% | 0.93% |
| FCFS | 13.82% | $4.70B | -6.20% | 1.39% |
| IBM | 13.63% | $194.41B | +36.61% | 3.16% |
| MDT | 13.55% | $109.01B | +8.12% | 3.27% |
| LIVN | 13.34% | $2.79B | +18.18% | 0.00% |
| PM | 12.94% | $201.41B | +39.59% | 4.05% |
| UPST | 12.80% | $6.49B | +199.03% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| VVX | -<0.01% | $1.88B | +40.53% | 0.00% |
| FTDR | 0.01% | $4.10B | +59.73% | 0.00% |
| RGP | -0.01% | $276.47M | -41.17% | 6.78% |
| PULM | -0.01% | $19.83M | +202.98% | 0.00% |
| FRT | 0.02% | $9.62B | +23.33% | 3.87% |
| AWR | -0.02% | $3.22B | +7.55% | 2.09% |
| OFG | -0.02% | $1.99B | +30.61% | 2.23% |
| BE | -0.02% | $5.43B | +85.26% | 0.00% |
| ALEC | -0.02% | $377.04M | -19.46% | 0.00% |
| OMI | 0.02% | $956.92M | -33.32% | 0.00% |
| SPB | -0.03% | $2.53B | +37.09% | 1.89% |
| FROG | -0.03% | $3.34B | +11.67% | 0.00% |
| WSC | 0.04% | $6.49B | -7.82% | 0.00% |
| BLDP | -0.04% | $398.23M | -61.89% | 0.00% |
| INFY | 0.05% | $90.23B | +24.60% | 2.66% |
| ARC | 0.05% | $146.66M | +18.95% | 5.90% |
| ASUR | 0.05% | $233.14M | +12.13% | 0.00% |
| PRDO | -0.05% | $1.73B | +56.77% | 1.74% |
| GH | -0.06% | $3.79B | +33.86% | 0.00% |
| PAAS | -0.06% | $8.26B | +56.04% | 1.78% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PI | -23.16% | $5.17B | +122.46% | 0.00% |
| RBRK | -22.81% | $8.03B | +38.16% | 0.00% |
| CEVA | -21.70% | $668.16M | +27.56% | 0.00% |
| KEX | -21.22% | $7.36B | +65.91% | 0.00% |
| WCC | -20.88% | $10.02B | +34.53% | 0.79% |
| UNP | -20.88% | $141.43B | +5.09% | 2.24% |
| ZBRA | -20.70% | $19.72B | +71.93% | 0.00% |
| CNI | -19.92% | $67.10B | -6.77% | 2.29% |
| CPA | -19.84% | $4.46B | +13.91% | 5.27% |
| FTV | -19.54% | $25.85B | +10.52% | 0.43% |
| STRA | -19.26% | $2.33B | +6.80% | 2.53% |
| MUFG | -19.24% | $138.35B | +39.37% | 1.09% |
| AMD | -19.17% | $226.20B | +16.98% | 0.00% |
| OMAB | -18.90% | $2.72B | -3.17% | 7.42% |
| ASR | -18.43% | $7.56B | +26.22% | 0.00% |
| HCSG | -18.18% | $832.59M | +14.29% | 0.00% |
| TDY | -17.82% | $21.66B | +18.31% | 0.00% |
| MFG | -17.76% | $63.12B | +43.52% | 1.44% |
| SLAB | -17.08% | $3.19B | -2.58% | 0.00% |
| BIDU | -16.98% | $25.12B | -24.16% | 0.00% |
ETF's related to CLOI
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| AGGH | 22.80% | $253.02M | 0.33% |
| IBHG | 16.80% | $175.24M | 0.35% |
| PGHY | 14.32% | $141.95M | 0.35% |
| ICLO | 13.87% | $209.30M | 0.2% |
| PFFV | 13.48% | $257.84M | 0.25% |
| SMMU | 13.43% | $624.12M | 0.35% |
| SPFF | 12.84% | $151.50M | 0.48% |
| IBHE | 12.52% | $622.39M | 0.35% |
| FLDR | 12.31% | $595.01M | 0.15% |
| SHYD | 12.27% | $311.50M | 0.35% |
| HTAB | 12.26% | $437.10M | 0.4% |
| XMPT | 12.03% | $230.08M | 1.98% |
| MINT | 11.97% | $11.62B | 0.35% |
| IBD | 11.95% | $330.68M | 0.44% |
| NFLT | 11.50% | $199.18M | 0.5% |
| CORP | 10.18% | $1.25B | 0.23% |
| FLHY | 10.02% | $592.12M | 0.4% |
| JPIB | 9.83% | $502.44M | 0.5% |
| PGF | 9.80% | $934.20M | 0.54% |
| PHB | 9.48% | $421.45M | 0.5% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| JPEM | -16.77% | $318.90M | 0.44% |
| URNJ | -16.75% | $283.55M | 0.8% |
| URA | -16.39% | $3.55B | 0.69% |
| AMDY | -16.25% | $144.24M | 0.99% |
| URNM | -16.06% | $1.61B | 0.75% |
| EWJV | -15.85% | $258.12M | 0.15% |
| IGRO | -15.84% | $879.63M | 0.15% |
| LDEM | -15.82% | $30.53M | 0.17% |
| SPEM | -15.33% | $9.99B | 0.07% |
| EMQQ | -15.00% | $374.21M | 0.86% |
| DFEV | -14.81% | $752.13M | 0.43% |
| DFEM | -14.57% | $4.21B | 0.39% |
| SCHE | -14.53% | $9.23B | 0.11% |
| EMXF | -14.24% | $83.82M | 0.16% |
| PXH | -14.10% | $1.20B | 0.49% |
| AVEM | -14.08% | $6.83B | 0.33% |
| IQDF | -14.05% | $592.77M | 0.47% |
| FNDE | -14.04% | $6.36B | 0.39% |
| EEMV | -14.01% | $4.12B | 0.25% |
| FXI | -14.00% | $8.09B | 0.74% |
News
SeekingAlpha
When evaluating CLOs in a rate-cutting environment, important to note that because coupons adjust with prevailing short-term rates, CLO prices not materially impacted by rate declines.
SeekingAlpha
This portfolio could be built by a DIY investor with ease. It would be simple to monitor and rebalance. Click here for a detailed analysis.
SeekingAlpha
The five- and 10-year yields are both up by around 60 basis points, to 4.0% and 4.2%, respectively. Click to read.
SeekingAlpha
The VanEck CLO ETF maintained its conservative positioning amid rich valuations and a tightening basis between higher and lower rated tranches. Click to read.
SeekingAlpha
Income investing is a strategy that aims to generate a steady stream of income from investments, typically through interest payments or dividends. Click to read.
SeekingAlpha
Increase yield with VanEck CLO ETF (CLOI) in a lower Fed Funds rate environment by adding credit risk for higher returns. See why CLOI is upgraded to a buy.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.