CLOB vs NNY

Comparison between VANECK AA-BB CLO ETF (CLOB, ETF) and Nuveen New York Municipal Value Fund (NNY, ETF).

CLOB vs NNY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CLOB(ETF)	NNY(ETF)
Net Assets	$167M	$167M
Expense Ratio	0.45%	N/A
Max Drawdown	6.35%	32.90%
Sharpe Ratio	0.84	0.68
5Y Beta	0.11	0.09
5Y Dividends CAGR	N/A	3.95%

Net Assets

CLOB

$167M

Winner

NNY

$167M

Expense Ratio

CLOB

0.45%

NNY

N/A

Max Drawdown

Winner

CLOB

6.35%

NNY

32.90%

Sharpe Ratio

Winner

CLOB

0.84

NNY

0.68

5Y Beta

CLOB

0.11

Winner

NNY

0.09

5Y Dividends CAGR

CLOB

N/A

NNY

3.95%

CLOB vs NNY - Historical Returns

Returns include dividend reinvestment.

Period	CLOB	NNY
1 month	+0.35%	+1.65%
3 months	+2.48%	+1.28%
6 months	+2.34%	+3.42%
1 year	+6.09%	+10.75%
5 years(CAGR)	N/A	+0.89%
10 years(CAGR)	N/A	+2.10%
Max(CAGR)	+6.92%	+4.29%

CLOB

+0.35%

Winner

NNY

+1.65%

Winner

CLOB

+2.48%

NNY

+1.28%

CLOB

+2.34%

Winner

NNY

+3.42%

CLOB

+6.09%

Winner

NNY

+10.75%

5Y(CAGR)

CLOB

N/A

NNY

+0.89%

10Y(CAGR)

CLOB

N/A

NNY

+2.10%

Max(CAGR)

Winner

CLOB

+6.92%

NNY

+4.29%

CLOB vs NNY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CLOB	NNY
2026	+1.79%	+2.33%
2025	+6.90%	+10.10%
2024	+2.81%	+0.22%
2023	N/A	+3.65%
2022	N/A	-12.78%
2021	N/A	+1.44%
2020	N/A	-1.74%
2019	N/A	+12.31%
2018	N/A	+4.51%
2017	N/A	+3.46%
2016	N/A	-1.97%
2015	N/A	+6.74%
2014	N/A	+14.95%
2013	N/A	-13.29%
2012	N/A	+7.70%
2011	N/A	+15.13%
2010	N/A	+0.47%
2009	N/A	+11.03%
2008	N/A	-0.07%
2007	N/A	-1.24%
2006	N/A	+9.43%
2005	N/A	+7.57%
2004	N/A	+1.88%
2003	N/A	+8.08%
2002	N/A	+3.14%
2001	N/A	+11.81%
2000	N/A	+10.57%
1999	N/A	-8.08%

CLOB vs NNY Drawdown Comparison

The maximum drawdown for CLOB was -5.54%, occurring on Apr 4, 2025. Recovery took 48 trading sessions.

The maximum drawdown for NNY was -29.72%, occurring on Oct 9, 2008. Recovery took 154 trading sessions.

The current CLOB drawdown is -0.12%. The current NNY drawdown is -1.42%.

Rank	CLOB	NNY
#1	-5.54% Mar 7, 2025 - May 15, 2025	-29.72% Sep 8, 2008 - Apr 20, 2009
#2	-1.96% Feb 2, 2026 - Apr 28, 2026	-20.02% Sep 1, 2020 - Feb 20, 2026
#3	-0.93% May 6, 2026 - May 12, 2026	-19.95% Feb 21, 2020 - Sep 1, 2020
#4	-0.46% Oct 16, 2024 - Nov 4, 2024	-17.53% Nov 29, 2012 - Jan 7, 2015
#5	-0.42% Oct 8, 2025 - Oct 20, 2025	-11.92% Aug 17, 2010 - Sep 14, 2011
#6	-0.39% Jul 10, 2025 - Jul 18, 2025	-11.40% Oct 12, 2017 - Mar 21, 2019
#7	-0.37% May 23, 2025 - May 29, 2025	-10.92% Aug 8, 2016 - Jun 2, 2017
#8	-0.36% Oct 27, 2025 - Nov 3, 2025	-10.32% Jun 16, 2003 - Oct 13, 2004
#9	-0.32% Nov 3, 2025 - Nov 14, 2025	-10.22% Nov 4, 1999 - Jun 9, 2000
#10	-0.31% Nov 18, 2025 - Nov 24, 2025	-8.35% Mar 26, 2007 - May 8, 2008
#11	-0.28% Jun 26, 2025 - Jul 2, 2025	-7.86% Sep 17, 2001 - Sep 19, 2002
#12	-0.27% Jun 6, 2025 - Jun 17, 2025	-7.49% Aug 30, 2005 - Mar 17, 2006
#13	-0.26% Jan 22, 2026 - Feb 2, 2026	-6.97% Mar 2, 2026 - Mar 27, 2026
#14	-0.24% Sep 23, 2025 - Sep 30, 2025	-6.73% Aug 24, 2000 - Jan 4, 2001
#15	-0.24% Nov 14, 2025 - Nov 18, 2025	-6.38% Mar 28, 2006 - Sep 29, 2006

Correlation

Correlation between CLOB and NNY is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (2000 - 2026)

CLOB vs NNY dividend yield comparison.

Year	CLOB	NNY
2026	2.41%	1.72%
2025	6.61%	4.13%
2024	1.65%	4.25%
2023	0.00%	3.99%
2022	0.00%	3.50%
2021	0.00%	2.96%
2020	0.00%	3.29%
2019	0.00%	3.42%
2018	0.00%	3.77%
2017	0.00%	4.00%
2016	0.00%	4.10%
2015	0.00%	3.91%
2014	0.00%	3.98%
2013	0.00%	4.37%
2012	0.00%	3.86%
2011	0.00%	4.29%
2010	0.00%	4.76%
2009	0.00%	4.37%
2008	0.00%	6.09%
2007	0.00%	4.79%
2006	0.00%	4.42%
2005	0.00%	4.63%
2004	0.00%	4.76%
2003	0.00%	4.92%
2002	0.00%	5.22%
2001	0.00%	5.51%
2000	0.00%	2.50%