BCLO vs PHDG

Comparison between iShares BBBB CLO Active ETF (BCLO, ETF) and INVESCO S&P 500 DOWNSIDE HEDGED ETF (PHDG, ETF).

BCLO vs PHDG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BCLO(ETF)	PHDG(ETF)
Net Assets	$74M	$74M
Expense Ratio	0.45%	0.39%
Max Drawdown	5.66%	23.59%
Sharpe Ratio	1.19	1.10
5Y Beta	0.06	0.31
P/E Ratio	N/A	28.77
Forward P/E	N/A	21.26
5Y Dividends CAGR	N/A	31.27%
5Y EPS CAGR	N/A	25.61%
Debt to Equity	N/A	31.66%
P/S Ratio	N/A	3.76
P/B Ratio	N/A	5.65

Net Assets

Winner

BCLO

$74M

PHDG

$74M

Expense Ratio

BCLO

0.45%

Winner

PHDG

0.39%

Max Drawdown

Winner

BCLO

5.66%

PHDG

23.59%

Sharpe Ratio

Winner

BCLO

1.19

PHDG

1.10

5Y Beta

Winner

BCLO

0.06

PHDG

0.31

P/E Ratio

BCLO

N/A

PHDG

28.77

Forward P/E

BCLO

N/A

PHDG

21.26

5Y Dividends CAGR

BCLO

N/A

PHDG

31.27%

5Y EPS CAGR

BCLO

N/A

PHDG

25.61%

Debt to Equity

BCLO

N/A

PHDG

31.66%

P/S Ratio

BCLO

N/A

PHDG

3.76

P/B Ratio

BCLO

N/A

PHDG

5.65

BCLO vs PHDG - Historical Returns

Returns include dividend reinvestment.

Period	BCLO	PHDG
1 month	+0.25%	-0.31%
3 months	+2.49%	+2.79%
6 months	+2.45%	+9.73%
1 year	+6.27%	+16.69%
5 years(CAGR)	N/A	+4.44%
10 years(CAGR)	N/A	+7.24%
Max(CAGR)	+5.92%	+5.62%

Winner

BCLO

+0.25%

PHDG

-0.31%

BCLO

+2.49%

Winner

PHDG

+2.79%

BCLO

+2.45%

Winner

PHDG

+9.73%

BCLO

+6.27%

Winner

PHDG

+16.69%

5Y(CAGR)

BCLO

N/A

PHDG

+4.44%

10Y(CAGR)

BCLO

N/A

PHDG

+7.24%

Max(CAGR)

Winner

BCLO

+5.92%

PHDG

+5.62%

BCLO vs PHDG - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	BCLO	PHDG
2026	+3.12%	+10.45%
2025	+5.43%	+2.46%
2024	N/A	+11.96%
2023	N/A	+8.79%
2022	N/A	-14.38%
2021	N/A	+16.13%
2020	N/A	+18.15%
2019	N/A	+8.89%
2018	N/A	-3.39%
2017	N/A	+15.36%
2016	N/A	-0.25%
2015	N/A	-9.72%
2014	N/A	+6.86%
2013	N/A	+12.19%
2012	N/A	-0.01%

BCLO vs PHDG Drawdown Comparison

The maximum drawdown for BCLO was -4.45%, occurring on Apr 7, 2025. Recovery took 64 trading sessions.

The maximum drawdown for PHDG was -17.69%, occurring on Nov 3, 2016. Recovery took 759 trading sessions.

The current PHDG drawdown is -5.30%.

Rank	BCLO	PHDG
#1	-4.45% Feb 14, 2025 - May 19, 2025	-17.69% Dec 5, 2014 - Dec 11, 2017
#2	-1.92% Feb 4, 2026 - Apr 22, 2026	-17.06% Dec 27, 2021 - Jun 12, 2024
#3	-0.89% Oct 14, 2025 - Nov 10, 2025	-15.87% Mar 18, 2020 - Aug 24, 2020
#4	-0.40% Apr 30, 2026 - May 6, 2026	-14.79% Dec 4, 2024 - Mar 2, 2026
#5	-0.38% May 22, 2025 - May 28, 2025	-12.79% Feb 6, 2018 - Mar 12, 2020
#6	-0.28% Oct 9, 2025 - Oct 13, 2025	-10.06% Sep 2, 2020 - Apr 15, 2021
#7	-0.24% Apr 23, 2026 - Apr 27, 2026	-6.36% Jun 15, 2026 - Jun 25, 2026
#8	-0.20% Jul 7, 2026 - Jul 21, 2026	-6.11% Aug 5, 2024 - Dec 4, 2024
#9	-0.18% Sep 3, 2025 - Sep 10, 2025	-5.20% Aug 2, 2013 - Dec 23, 2013
#10	-0.16% Dec 1, 2025 - Dec 9, 2025	-4.42% Sep 7, 2021 - Nov 2, 2021
#11	-0.14% Jun 25, 2026 - Jul 7, 2026	-4.37% Jul 16, 2024 - Aug 5, 2024
#12	-0.13% Jun 9, 2025 - Jun 11, 2025	-3.88% Jun 4, 2026 - Jun 15, 2026
#13	-0.13% Nov 19, 2025 - Nov 24, 2025	-3.69% Apr 2, 2014 - Jun 9, 2014
#14	-0.12% May 19, 2025 - May 22, 2025	-3.44% Dec 31, 2013 - Feb 28, 2014
#15	-0.12% Jun 3, 2025 - Jun 6, 2025	-3.37% Mar 10, 2026 - Apr 8, 2026

Correlation

Correlation between BCLO and PHDG is 0.86 which considered as a strong positive correlation - the stocks tend to move together.

0.86

-101

Dividend Comparison (2012 - 2026)

BCLO vs PHDG dividend yield comparison.

Year	BCLO	PHDG
2026	3.14%	0.72%
2025	6.45%	2.10%
2024	0.00%	1.94%
2023	0.00%	1.93%
2022	0.00%	1.35%
2021	0.00%	0.44%
2020	0.00%	0.63%
2019	0.00%	1.80%
2018	0.00%	1.56%
2017	0.00%	1.83%
2016	0.00%	2.29%
2015	0.00%	1.64%
2014	0.00%	5.46%
2013	0.00%	1.76%
2012	0.00%	0.09%