ICLO vs ULST
Comparison between Invesco AAA CLO Floating Rate Note ETF (ICLO, ETF) and STATE STREET(R) ULTRA SHORT TERM BOND ETF (ULST, ETF).
ICLO vs ULST - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
ICLO
$530M
ULST
$527M
Expense Ratio
Winner
ICLO
0.19%
ULST
0.20%
Max Drawdown
Winner
ICLO
4.36%
ULST
6.34%
Sharpe Ratio
Winner
ICLO
1.17
ULST
-0.35
5Y Beta
ICLO
0.06
Winner
ULST
-0.00
5Y Dividends CAGR
ICLO
N/A
ULST
39.00%
ICLO vs ULST - Historical Returns
Returns include dividend reinvestment.
1M
ICLO
+0.40%
Winner
ULST
+0.40%
3M
Winner
ICLO
+1.42%
ULST
+0.91%
6M
Winner
ICLO
+2.36%
ULST
+1.41%
1Y
Winner
ICLO
+4.95%
ULST
+3.58%
5Y(CAGR)
ICLO
N/A
ULST
+3.67%
10Y(CAGR)
ICLO
N/A
ULST
+2.71%
Max(CAGR)
Winner
ICLO
+6.69%
ULST
+2.23%
ICLO vs ULST - Annual Returns (2013 - 2026)
Returns include dividend reinvestment.
| Year | ICLO | ULST |
|---|---|---|
| 2026 | +3.16% | +2.01% |
| 2025 | +5.23% | +4.81% |
| 2024 | +6.97% | +5.25% |
| 2023 | +8.81% | +5.59% |
| 2022 | +0.38% | +0.87% |
| 2021 | N/A | +0.21% |
| 2020 | N/A | +1.45% |
| 2019 | N/A | +3.25% |
| 2018 | N/A | +1.94% |
| 2017 | N/A | +1.29% |
| 2016 | N/A | +1.54% |
| 2015 | N/A | +0.14% |
| 2014 | N/A | +0.29% |
| 2013 | N/A | +0.22% |
ICLO vs ULST Drawdown Comparison
The maximum drawdown for ICLO was -3.47%, occurring on Apr 4, 2025. Recovery took 37 trading sessions.
The maximum drawdown for ULST was -6.20%, occurring on Mar 25, 2020. Recovery took 81 trading sessions.
| Rank | ICLO | ULST |
|---|---|---|
| #1 | -3.47% Mar 3, 2025 - Apr 24, 2025 | -6.20% Mar 5, 2020 - Jun 30, 2020 |
| #2 | -0.83% Feb 23, 2023 - Apr 12, 2023 | -1.22% Oct 5, 2021 - Nov 23, 2022 |
| #3 | -0.62% Aug 1, 2024 - Aug 16, 2024 | -0.54% Aug 5, 2024 - Aug 13, 2024 |
| #4 | -0.35% Jul 29, 2025 - Aug 7, 2025 | -0.54% May 2, 2014 - Jul 22, 2014 |
| #5 | -0.35% Aug 19, 2024 - Sep 4, 2024 | -0.51% Jan 31, 2025 - Feb 11, 2025 |
| #6 | -0.31% Aug 18, 2025 - Aug 27, 2025 | -0.50% Feb 8, 2016 - Apr 7, 2016 |
| #7 | -0.29% Feb 27, 2026 - Mar 23, 2026 | -0.49% Nov 12, 2014 - Jun 1, 2015 |
| #8 | -0.27% Jun 25, 2025 - Jul 1, 2025 | -0.44% Jun 1, 2015 - Feb 8, 2016 |
| #9 | -0.27% Jun 11, 2026 - Jun 29, 2026 | -0.39% Jul 22, 2014 - Nov 3, 2014 |
| #10 | -0.23% Oct 13, 2023 - Nov 2, 2023 | -0.39% Sep 18, 2020 - Nov 25, 2020 |
| #11 | -0.21% Apr 9, 2024 - Apr 12, 2024 | -0.37% Apr 3, 2025 - Apr 16, 2025 |
| #12 | -0.21% Jul 16, 2025 - Jul 22, 2025 | -0.34% May 31, 2016 - Jun 8, 2016 |
| #13 | -0.20% Apr 25, 2025 - May 2, 2025 | -0.32% Jun 10, 2016 - Jul 18, 2016 |
| #14 | -0.19% Oct 3, 2023 - Oct 13, 2023 | -0.27% May 19, 2016 - May 31, 2016 |
| #15 | -0.19% Dec 19, 2025 - Dec 29, 2025 | -0.27% Jan 13, 2014 - Feb 25, 2014 |
Correlation
Correlation between ICLO and ULST is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
Dividend Comparison (2013 - 2026)
ICLO vs ULST dividend yield comparison.
| Year | ICLO | ULST |
|---|---|---|
| 2026 | 3.07% | 2.32% |
| 2025 | 5.49% | 4.46% |
| 2024 | 6.51% | 5.03% |
| 2023 | 7.01% | 4.45% |
| 2022 | 0.00% | 1.70% |
| 2021 | 0.00% | 0.54% |
| 2020 | 0.00% | 1.34% |
| 2019 | 0.00% | 2.56% |
| 2018 | 0.00% | 2.13% |
| 2017 | 0.00% | 1.21% |
| 2016 | 0.00% | 0.93% |
| 2015 | 0.00% | 0.37% |
| 2014 | 0.00% | 0.34% |
| 2013 | 0.00% | 0.07% |
Select Stocks to Compare
Popular: ICLO vs SPYULST vs SPY
More Comparisons
Compare with similar stocks