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CLOAvsPSQAETF Comparison

ETF 1
CLOA

iShares AAA CLO Active ETF

This fund is part of
US Corporate IG Bonds
-0.22%
VS
ETF 2
PSQA

Palmer Square CLO Senior Debt ETF

This fund is part of
US Corporate IG Bonds
-0.22%

iShares AAA CLO Active ETF (CLOA) and Palmer Square CLO Senior Debt ETF (PSQA) have similar underlying exposures to countries and sectors. They also belong to the same industry segment: US Corporate IG Bonds. CLOA's top 2 sector exposures are Industrials and Non-Corporate. In contrast, PSQA's top sector exposures are Industrials. CLOA is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.21% for PSQA. CLOA is up 3.15% year-to-date (YTD) with +$871M in YTD flows. PSQA performs better with 3.32% YTD performance, and +$136M in YTD flows. Run a side-by-side ETF comparison of CLOA and PSQA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CLOA vs PSQA performance and flow charts

Performance

0.00.10.20.30.40.5%Jul 28Aug 4Aug 11Aug 18Aug 25

Cumulative Flows

0 M20 M40 M60 M80 M100 M120 MJul 28Aug 4Aug 11Aug 18Aug 25

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 08/28/2026
1M3MYTD1Y3Y5Y
Perf.
CLOA
PSQA
+0.48%+0.47%
+1.15%+1.22%
+3.15%+3.32%
+5.01%+5.23%
+20.30%n/a
n/an/a
Flows
CLOA
PSQA
+$78M+$61M
+$125M+$72M
+$871M+$136M
+$1.13B+$168M
+$2.21B-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
CLOA
PSQA
+0.20%+0.22%
+0.46%+0.46%
+0.59%n/a
n/an/a
Max drawdown
CLOA
PSQA
n/an/a
-0.11%-0.24%
-0.75%n/a
n/an/a
Max drawdown duration
CLOA
PSQA
n/an/a
4d20d
21dn/a
n/an/a
Trading data

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CLOA
PSQA
Last sale
8/28/2026 at 1:30 PM
$51.98
$20.63
Previous close
08/27/2026
$51.98
$20.71
Consolidated volume
08/27/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of July 31, 2026
1-year trailing difference

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CLOA
is actively managed and doesn’t replicate an index

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CLOA
PSQA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 8/28/2026 at 1:30 PM
Live
Closed
CLOA
PSQA
Last price
$51.98
$20.63
1D performance
+0.00%
-0.39%
AuM$2.26 B$209.44 M
E/R0.2%0.21%
Characteristics
CLOA
PSQA
Management strategyActivePassive
ProvideriSharesPalmer Square
Benchmark-Palmer Square CLO Senior Debt Index
N° of holdings6518
Asset class--
Trailing 12m distribution yield
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Inception dateJanuary 10, 2023September 11, 2024
ESGNoNo
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Exposure

Countries

CLOA
USA
19.24%
Other
80.76%
PSQA
USA
16.83%
Other
83.17%

Sectors

CLOA
Industrials
17.39%
Other
82.61%
PSQA
Industrials
16.83%
Other
83.17%
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Diversification

CLOA

Total weight of top 15 holdings out of 15

13.75%
PSQA

Total weight of top 15 holdings out of 15

24.88%

Top 15 holdings

Data as of July 31, 2026
CLOA
BlackRock Cash Funds - Treasury
1.85%
US48257WAA62
0.91%
AB BSL CLO 2025-7A, FRN 17jan2039, USD (ABS, A1)
0.91%
US87268VAA35
0.91%
1988 CLO 2023-2A, FRN 15apr2038, USD (ABS, A1R)
0.91%
US04018XAN93
0.91%
US29003NAJ46
0.91%
Bain Capital Credit CLO 2024-1A, FRN 18apr2039, USD (ABS, A1R)
0.91%
US48255UAV61
0.89%
US64754YAA73
0.86%
US143111AY87
0.84%
US003943AA51
0.78%
US03330WAU80
0.73%
US29002AAW45
0.73%
US48254LAN55
0.69%
PSQA
Elmwood CLO 2025-1A, FRN 22apr2038, USD (ABS, A)
2.38%
US75884YAK47
2.26%
US12553DAS62
1.70%
US03768UAG40
1.70%
US64132TAU79
1.70%
US74971CAU71
1.70%
Magnetite CLO 2019-23A, FRN 25jan2035, USD (ABS, AR)
1.70%
Invesco US CLO 2023-1A, FRN 22apr2037, USD (ABS, AR2)
1.70%
US75884EAN22
1.70%
US675949AQ45
1.56%
US67402CBU99
1.42%
US03990HAA68
1.41%
AIMCO CLO 2026-27A, FRN 20apr2039, USD (ABS, A1)
1.41%
Octagon Investment Partners 2019-1A, FRN 22jan2035, USD (ABS, A1R)
1.30%
US381929AN88
1.26%
Frequently asked questions about CLOA and PSQA

How have the CLOA and PSQA ETFs performed in 2026?

As of August 28, 2026, CLOA is up 3.15% year-to-date (YTD), while PSQA has returned 3.32%. That puts PSQA better performer ahead so far this year.

Which ETF is attracting more investor money: CLOA or PSQA?

Year-to-date, the CLOA ETF saw +$871M in flows, compared to +$136M for PSQA.

Which ETF is more volatile: CLOA or PSQA?

Over the past year, CLOA had a volatility of 0.46%, while PSQA experienced 0.46%.

Which ETF is bigger: CLOA or PSQA?

As of August 28, 2026, CLOA holds $2.26 B in assets under management (AUM), while PSQA manages $209.44 M.

What sectors do the CLOA and PSQA ETFs invest in?

CLOA leans toward sectors like Industrials. Meanwhile, PSQA focuses on Industrials.

What are the top holdings of the CLOA ETF and PSQA ETF?

CLOA top holdings include BlackRock Cash Funds - Treasury, US48257WAA62 and AB BSL CLO 2025-7A, FRN 17jan2039, USD (ABS, A1). PSQA holds in its top three: Elmwood CLO 2025-1A, FRN 22apr2038, USD (ABS, A), US75884YAK47 and US12553DAS62.

Which ETF is more diversified: CLOA or PSQA?

CLOA holds 414 securities with 13.75% of its assets in the top 15. PSQA has 125 securities and a top 15 weight of 24.88%.

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