ICLO: Traded Fund Trust Invesco AAA CLO Floating Rate Note ETF
About
ICLO was created on 2022-12-09 by Invesco. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 179.31m in AUM and 97 holdings. ICLO is actively managed to invest in USD-denominated floating rate CLOs that are rated AAA or equivalent.
Current Value
$25.611 Year Return
Current Value
$25.611 Year Return
Key Details
Assets Under Management
$209.30M
Div Yield %
7.75%
P/E Ratio
-
Net Asset Value
$25.69
Expense Ratio
0.20%
1Y ETF Return
0.08%
Strategies that include ICLO
Stock's related to ICLO
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PTMN | 30.57% | - | - | 16.06% |
| FUN | 25.49% | $4.60B | -16.51% | 0.00% |
| TCMD | 25.18% | $378.43M | +24.66% | 0.00% |
| LUMN | 24.72% | $7.85B | +486.36% | 0.00% |
| HTGC | 24.52% | - | - | 8.42% |
| EPD | 24.48% | $68.56B | +19.13% | 6.56% |
| CBT | 24.29% | $5.91B | +38.59% | 1.54% |
| RBRK | 24.09% | $8.03B | +38.16% | 0.00% |
| CSWC | 24.05% | $1.10B | +4.09% | 9.96% |
| TY | 24.04% | - | - | 3.32% |
| CODX | 23.94% | $34.16M | -25.17% | 0.00% |
| RCUS | 23.24% | $1.33B | +5.07% | 0.00% |
| OFIX | 22.83% | $715.75M | +67.38% | 0.00% |
| BRK.B | 22.62% | $1.01T | +29.88% | 0.00% |
| KVUE | 22.57% | $45.42B | +19.05% | 3.43% |
| ATEN | 22.38% | $1.21B | +34.32% | 1.46% |
| AIV | 22.32% | $1.25B | +32.83% | 0.00% |
| GOGO | 22.30% | $993.65M | -21.00% | 0.00% |
| OCSL | 22.09% | - | - | 14.23% |
| AHR | 21.90% | $4.30B | +134.17% | 2.69% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| BACK | -<0.01% | $1.76M | -32.90% | 0.00% |
| DKS | -0.01% | $16.25B | +64.13% | 2.19% |
| AMAT | -0.02% | $139.58B | +13.44% | 0.85% |
| NTES | 0.02% | $53.33B | -26.44% | 2.91% |
| CHPT | 0.02% | $487.69M | -42.64% | 0.00% |
| ENV | -0.03% | $3.49B | +69.46% | 0.00% |
| ROAD | 0.04% | $4.91B | +118.93% | 0.00% |
| EXPI | -0.05% | $1.97B | +3.63% | 1.56% |
| MX | -0.05% | $3.00B | +1.37% | 1.66% |
| MBUU | -0.05% | $795.51M | -13.00% | 0.00% |
| SNDL | 0.05% | $525.69M | +33.78% | 0.00% |
| ROOT | -0.06% | $1.53B | +972.93% | 0.00% |
| LTRN | 0.07% | $33.22M | -22.61% | 0.00% |
| DEO | -0.07% | $66.22B | -15.77% | 3.46% |
| CLNE | 0.07% | $589.93M | -23.92% | 0.00% |
| PFE | -0.07% | $142.24B | -17.16% | 6.73% |
| ATEC | -0.08% | $1.36B | -16.49% | 0.00% |
| BERY | 0.08% | $7.61B | +12.08% | 1.61% |
| OSCR | -0.08% | $4.45B | +121.80% | 0.00% |
| PH | -0.09% | $88.79B | +59.33% | 0.92% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| K | -29.29% | $27.77B | +52.50% | 2.79% |
| TBPH | -15.13% | $487.81M | -3.50% | 0.00% |
| CNSL | -13.66% | $548.51M | +9.98% | 0.00% |
| HUSA | -13.08% | $16.69M | -11.56% | 0.00% |
| CABO | -12.37% | $2.24B | -27.54% | 2.99% |
| CRVO | -12.26% | $83.20M | +2.86% | 0.00% |
| PENG | -11.79% | $911.79M | +4.97% | 0.00% |
| BDC | -10.80% | $4.79B | +72.83% | 0.17% |
| LPTH | -10.51% | $62.27M | +33.05% | 0.00% |
| PRPO | -9.95% | $9.10M | -13.65% | 0.00% |
| LITB | -9.59% | $35.48M | -75.45% | 0.00% |
| ADTN | -9.34% | $627.65M | +47.76% | 0.00% |
| JMIA | -9.23% | $380.31M | +30.53% | 0.00% |
| SOL | -9.00% | $98.11M | -29.01% | 0.00% |
| TKO | -8.96% | $10.62B | +67.14% | 0.00% |
| HCI | -8.83% | $1.16B | +29.00% | 1.48% |
| AEHR | -8.73% | $330.68M | -56.08% | 0.00% |
| SAH | -8.70% | $2.14B | +19.93% | 1.93% |
| HSIC | -8.68% | $9.33B | +8.59% | 0.00% |
| FATBB | -8.54% | $81.94M | -12.91% | 11.69% |
ETF's related to ICLO
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| THTA | 48.54% | $32.20M | 0.49% |
| FLTR | 44.05% | $1.79B | 0.14% |
| FLRN | 43.60% | $2.33B | 0.15% |
| FLOT | 34.37% | $7.31B | 0.15% |
| VPC | 29.69% | $52.32M | 9.72% |
| PBP | 25.94% | $92.98M | 0.2% |
| PBDC | 25.91% | $114.81M | 13.94% |
| FTSL | 24.26% | $2.18B | 0.87% |
| YYY | 23.64% | $538.03M | 4.6% |
| JBBB | 23.50% | $1.26B | 0.49% |
| EFAA | 23.48% | $117.38M | 0% |
| MINT | 22.73% | $11.62B | 0.35% |
| BIZD | 22.69% | $1.25B | 13.33% |
| ISPY | 22.56% | $370.11M | 0.55% |
| RIET | 22.43% | $88.96M | 0.5% |
| CDC | 21.84% | $821.08M | 0.38% |
| JEPI | 21.53% | $36.72B | 0.35% |
| PCEF | 21.45% | $813.14M | 3.08% |
| DFVX | 21.42% | $320.24M | 0.22% |
| BUFD | 21.39% | $1.05B | 0.95% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TOTL | 0.07% | $3.31B | 0.55% |
| CGCB | -0.08% | $1.49B | 0.27% |
| FXI | 0.09% | $8.09B | 0.74% |
| UTWO | 0.12% | $447.63M | 0.15% |
| XSD | 0.12% | $1.25B | 0.35% |
| LIT | -0.17% | $1.25B | 0.75% |
| VGSH | 0.18% | $19.14B | 0.04% |
| CMDY | 0.19% | $279.14M | 0.28% |
| GTIP | -0.20% | $136.50M | 0.12% |
| QCLN | 0.21% | $574.08M | 0.59% |
| STIP | 0.25% | $8.74B | 0.03% |
| BCD | 0.27% | $245.02M | 0.3% |
| PSI | 0.31% | $711.93M | 0.56% |
| DFNM | 0.33% | $1.40B | 0.17% |
| GCC | 0.39% | $133.23M | 0.55% |
| XHLF | 0.48% | $874.27M | 0.03% |
| UTEN | 0.48% | $149.75M | 0.15% |
| HYMB | -0.50% | $2.81B | 0.35% |
| SOXX | 0.50% | $13.20B | 0.35% |
| KMLM | 0.55% | $353.87M | 0.9% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| VIXY | -36.45% | $195.31M | 0.85% |
| HIGH | -33.28% | $302.78M | 0.51% |
| PHDG | -27.59% | $113.97M | 0.39% |
| TAIL | -25.29% | $67.98M | 0.59% |
| ULST | -23.05% | $535.47M | 0.2% |
| PWZ | -16.87% | $697.36M | 0.28% |
| URNJ | -11.23% | $283.55M | 0.8% |
| TBLL | -11.08% | $1.92B | 0.08% |
| URNM | -9.98% | $1.61B | 0.75% |
| CTA | -9.22% | $350.27M | 0.78% |
| XBIL | -8.32% | $637.70M | 0.15% |
| FMF | -7.68% | $244.61M | 0.95% |
| DBE | -7.55% | $50.13M | 0.77% |
| IVOL | -7.19% | $548.70M | 1.02% |
| IBD | -7.11% | $330.68M | 0.44% |
| DBO | -7.06% | $217.57M | 0.77% |
| DBA | -6.13% | $755.88M | 0.93% |
| URA | -6.12% | $3.55B | 0.69% |
| UNG | -5.73% | $908.80M | 1.06% |
| USDU | -5.36% | $201.97M | 0.5% |
News
SeekingAlpha
ICLO's narrow focus on AAA-rated CLOs might lead to lower returns compared to funds with riskier assets, especially in a tight credit spread environment. Read more here.
SeekingAlpha
Is CLO Outperformance Set To Continue?
SeekingAlpha
Invesco Aaa Clo Floating Rate Note ETF focuses on AAA-rated CLOs, high-quality, variable rate investments. Read why Iâm bullish on ICLO ETF here.
SeekingAlpha
ICLO primarily invests in floating rate note securities issued by CLO-rated AAA or AA. Check out the performance between ICLO ETF and two other CLO ETFs.
SeekingAlpha
ICLO invests in AAA, and a small portion in AA, CLO tranches, offering a 6.7% 30-day SEC yield. Check out ICLO ETF's performance and suitability for investors.
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.