BCLO vs SPXN

Comparison between iShares BBBB CLO Active ETF (BCLO, ETF) and PROSHARES S&P 500 EX-FINANCIALS ETF (SPXN, ETF).

BCLO vs SPXN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BCLO(ETF)	SPXN(ETF)
Net Assets	$74M	$74M
Expense Ratio	0.45%	0.09%
Max Drawdown	5.66%	32.10%
Sharpe Ratio	1.50	1.74
5Y Beta	0.07	1.01
P/E Ratio	N/A	32.14
Forward P/E	N/A	23.65
5Y Dividends CAGR	N/A	10.46%
5Y EPS CAGR	N/A	28.44%
Debt to Equity	N/A	26.91%
P/S Ratio	N/A	3.77
P/B Ratio	N/A	7.13

Net Assets

Winner

BCLO

$74M

SPXN

$74M

Expense Ratio

BCLO

0.45%

Winner

SPXN

0.09%

Max Drawdown

Winner

BCLO

5.66%

SPXN

32.10%

Sharpe Ratio

BCLO

1.50

Winner

SPXN

1.74

5Y Beta

Winner

BCLO

0.07

SPXN

1.01

P/E Ratio

BCLO

N/A

SPXN

32.14

Forward P/E

BCLO

N/A

SPXN

23.65

5Y Dividends CAGR

BCLO

N/A

SPXN

10.46%

5Y EPS CAGR

BCLO

N/A

SPXN

28.44%

Debt to Equity

BCLO

N/A

SPXN

26.91%

P/S Ratio

BCLO

N/A

SPXN

3.77

P/B Ratio

BCLO

N/A

SPXN

7.13

BCLO vs SPXN - Historical Returns

Returns include dividend reinvestment.

Period	BCLO	SPXN
1 month	+1.23%	+2.09%
3 months	+3.36%	+9.58%
6 months	+3.34%	+9.61%
1 year	+6.75%	+29.81%
5 years(CAGR)	N/A	+14.25%
10 years(CAGR)	N/A	+15.92%
Max(CAGR)	+6.16%	+15.77%

BCLO

+1.23%

Winner

SPXN

+2.09%

BCLO

+3.36%

Winner

SPXN

+9.58%

BCLO

+3.34%

Winner

SPXN

+9.61%

BCLO

+6.75%

Winner

SPXN

+29.81%

5Y(CAGR)

BCLO

N/A

SPXN

+14.25%

10Y(CAGR)

BCLO

N/A

SPXN

+15.92%

Max(CAGR)

BCLO

+6.16%

Winner

SPXN

+15.77%

BCLO vs SPXN - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	BCLO	SPXN
2026	+2.70%	+10.24%
2025	+5.43%	+18.96%
2024	N/A	+25.34%
2023	N/A	+29.18%
2022	N/A	-19.22%
2021	N/A	+28.89%
2020	N/A	+21.06%
2019	N/A	+30.83%
2018	N/A	-3.87%
2017	N/A	+20.84%
2016	N/A	+9.38%
2015	N/A	+8.82%

BCLO vs SPXN Drawdown Comparison

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

The maximum drawdown for SPXN was -32.10%, occurring on Mar 23, 2020. Recovery took 105 trading sessions.

The current SPXN drawdown is -3.50%.

Rank	BCLO	SPXN
#1	-4.45% Feb 14, 2025 - May 19, 2025	-32.10% Feb 19, 2020 - Jul 20, 2020
#2	-1.92% Feb 4, 2026 - Apr 22, 2026	-24.46% Dec 29, 2021 - Dec 8, 2023
#3	-0.89% Oct 14, 2025 - Nov 10, 2025	-19.56% Feb 19, 2025 - Jun 26, 2025
#4	-0.40% Apr 30, 2026 - May 6, 2026	-18.59% Sep 26, 2018 - Apr 1, 2019
#5	-0.38% May 22, 2025 - May 28, 2025	-11.83% Dec 22, 2015 - May 11, 2016
#6	-0.28% Oct 9, 2025 - Oct 13, 2025	-9.77% Sep 2, 2020 - Nov 16, 2020
#7	-0.24% Apr 23, 2026 - Apr 27, 2026	-9.26% Jan 28, 2026 - Apr 14, 2026
#8	-0.18% Sep 3, 2025 - Sep 10, 2025	-9.22% Jul 16, 2024 - Sep 19, 2024
#9	-0.16% Dec 1, 2025 - Dec 9, 2025	-7.06% Apr 30, 2019 - Jun 20, 2019
#10	-0.13% Jun 9, 2025 - Jun 11, 2025	-6.25% Mar 9, 2018 - Jun 4, 2018
#11	-0.13% Nov 19, 2025 - Nov 24, 2025	-5.94% Jul 26, 2019 - Oct 25, 2019
#12	-0.12% May 19, 2025 - May 22, 2025	-5.72% Sep 3, 2021 - Oct 26, 2021
#13	-0.12% Jun 3, 2025 - Jun 6, 2025	-5.56% Oct 29, 2025 - Jan 9, 2026
#14	-0.12% Jan 12, 2026 - Jan 16, 2026	-5.50% Mar 28, 2024 - May 14, 2024
#15	-0.12% Aug 6, 2025 - Aug 11, 2025	-5.33% Feb 12, 2021 - Mar 29, 2021

Correlation

Correlation between BCLO and SPXN is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (2015 - 2026)

BCLO vs SPXN dividend yield comparison.

Year	BCLO	SPXN
2026	2.62%	0.20%
2025	6.45%	0.98%
2024	0.00%	1.12%
2023	0.00%	1.19%
2022	0.00%	1.35%
2021	0.00%	0.94%
2020	0.00%	1.09%
2019	0.00%	1.41%
2018	0.00%	1.76%
2017	0.00%	1.54%
2016	0.00%	2.60%
2015	0.00%	0.52%