MUNAvsCLOOETF Comparison
ETF 1
MUNA
Northern Trust 2030 Tax-Exempt Distributing Ladder ETF
This fund is part of
Municipal Bonds
-0.02%
VS
Northern Trust 2030 Tax-Exempt Distributing Ladder ETF (MUNA) and NYLI Investment Grade CLO ETF (CLOO) have similar underlying exposures to countries and sectors. MUNA's top 1 sector exposures are Municipal. In contrast, CLOO's top sector exposures are Industrials and Finance. MUNA is less expensive with a Total Expense Ratio (TER) of 0.18%, versus 0.25% for CLOO. Run a side-by-side ETF comparison of MUNA and CLOO 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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MUNA vs CLOO performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MUNA CLOO | +1.67%+0.35% | +0.44%+0.83% | +1.53%n/a | +2.16%n/a | n/an/a | n/an/a |
| Flows | MUNA CLOO | -- | -$1M+$1M | +$2M- | +$3M- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MUNA CLOO | +1.61%+0.73% | +1.11%n/a | n/an/a | n/an/a |
| Max drawdown | MUNA CLOO | -1.61%-0.03% | -1.61%n/a | n/an/a | n/an/a |
| Max drawdown duration | MUNA CLOO | 59d4d | 59dn/a | n/an/a | n/an/a |
Trading data
MUNA | CLOO | |
Last sale 10/29/2026 at 1:30 PM | $100.04 | $25.18 |
| Previous close 10/28/2026 | $99.94 | $25.18 |
| Consolidated volume 10/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/29/2026 at 1:30 PM
Live
Closed
MUNA | CLOO | |
|---|---|---|
| Last price | $100.04 | $25.18 |
| 1D performance | +0.10% | +0.00% |
| AuM | $7.98 M | $47.86 M |
| E/R | 0.18% | 0.25% |
Characteristics
MUNA | CLOO | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | FlexShares | New York Life Investments |
| Benchmark | - | - |
| N° of holdings | 36 | 18 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 19, 2025 | May 6, 2026 |
| ESG | No | No |
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Exposure
Countries
MUNA
USA
15.3%
Other
84.7%
CLOO
USA
15.32%
Other
84.68%
Sectors
MUNA
Municipal
15.3%
Other
84.7%
CLOO
Industrials
14.79%
Other
85.21%
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Diversification
MUNA
Total weight of top 15 holdings out of 15
17.98%
CLOO
Total weight of top 15 holdings out of 15
20.8%
Top 15 holdings
Data as of August 31, 2026
MUNA
US213651MR06
2.32%
US749845M592
1.42%
State of Ohio, 5% 1oct2027, USD (2019B)
1.28%
US564395TS05
1.27%
US228485LT39
1.24%
US812643UL69
1.21%
US735422NS20
1.13%
US577625T632
1.10%
US92937NDC56
1.08%
South Carolina Transportation Infrasructure Bank, 5% 1oct2026, USD (2021B)
1.06%
US602248LG95
1.00%
US217813BB94
0.99%
State of Washington, 5% 1jun2028, USD (2021F)
0.98%
US163103VP65
0.96%
US641480JN95
0.94%
CLOO
US056921AQ24
1.57%
US48257PAA12
1.57%
US29003NAJ46
1.57%
US442924AU01
1.57%
Apidos CLO 2025-55A, FRN 20jan2039, USD (ABS, A1)
1.57%
US83011LAJ52
1.57%
US720922AL78
1.57%
US08182DAN49
1.57%
AIMCO CLO 2026-27A, FRN 20apr2039, USD (ABS, A1)
1.57%
US05876HAA05
1.41%
US05686QAE26
1.05%
US13876FAA84
1.05%
Ares CLO 2024-69A, FRN 15apr2036, USD (ABS, A1R)
1.05%
US81785MAA09
1.05%
US25255UAN28
1.05%
Frequently asked questions about MUNA and CLOO
Which ETF is bigger: MUNA or CLOO?
As of October 28, 2026, MUNA holds $7.98 M in assets under management (AUM), while CLOO manages $47.86 M.
What sectors do the MUNA and CLOO ETFs invest in?
MUNA leans toward sectors like Municipal. Meanwhile, CLOO focuses on Industrials.
What are the top holdings of the MUNA ETF and CLOO ETF?
MUNA top holdings include US213651MR06, US749845M592 and State of Ohio, 5% 1oct2027, USD (2019B). CLOO holds in its top three: US056921AQ24, US48257PAA12 and US29003NAJ46.
Which ETF is more diversified: MUNA or CLOO?
MUNA holds 228 securities with 17.98% of its assets in the top 15. CLOO has 124 securities and a top 15 weight of 20.8%.
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Latest news about MUNA & CLOO
Ask the Manager: Dave Abner on the Rise of Distributing Ladder ETFs
February 10, 2026
MUNA
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