RCLO vs MBND
Comparison between RECKONER BBB-B CLO ETF (RCLO, ETF) and STATE STREET(R) NUVEEN MUNICIPAL BOND ETF (MBND, ETF).
RCLO vs MBND - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
RCLO
$28M
MBND
$27M
Expense Ratio
RCLO
0.50%
Winner
MBND
0.40%
Max Drawdown
Winner
RCLO
4.69%
MBND
15.51%
Sharpe Ratio
RCLO
0.51
Winner
MBND
0.57
5Y Beta
RCLO
0.04
Winner
MBND
0.01
5Y Dividends CAGR
RCLO
N/A
MBND
60.54%
RCLO vs MBND - Historical Returns
Returns include dividend reinvestment.
1M
RCLO
+0.32%
Winner
MBND
+0.57%
3M
Winner
RCLO
+4.61%
MBND
-0.17%
6M
Winner
RCLO
+2.51%
MBND
+1.45%
1Y
RCLO
N/A
MBND
+5.00%
5Y(CAGR)
RCLO
N/A
MBND
+0.62%
Max(CAGR)
Winner
RCLO
+5.28%
MBND
+0.70%
RCLO vs MBND - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | RCLO | MBND |
|---|---|---|
| 2026 | +1.82% | +1.06% |
| 2025 | +1.39% | +2.79% |
| 2024 | N/A | +2.86% |
| 2023 | N/A | +5.48% |
| 2022 | N/A | -8.57% |
| 2021 | N/A | +0.59% |
RCLO vs MBND Drawdown Comparison
The maximum drawdown for RCLO was -3.70%, occurring on Mar 5, 2026. Recovery took 58 trading sessions.
The maximum drawdown for MBND was -13.18%, occurring on Oct 25, 2022. Recovery took 1033 trading sessions.
The current RCLO drawdown is -0.16%. The current MBND drawdown is -0.64%.
| Rank | RCLO | MBND |
|---|---|---|
| #1 | -3.70% Feb 3, 2026 - Apr 28, 2026 | -13.18% Aug 3, 2021 - Sep 15, 2025 |
| #2 | -0.44% May 8, 2026 - May 19, 2026 | -2.44% Feb 27, 2026 - Mar 27, 2026 |
| #3 | -0.24% Nov 17, 2025 - Nov 28, 2025 | -2.07% Feb 11, 2021 - Jun 4, 2021 |
| #4 | -0.10% Jan 6, 2026 - Jan 8, 2026 | -0.80% Sep 17, 2025 - Oct 15, 2025 |
| #5 | -0.07% Apr 30, 2026 - May 6, 2026 | -0.57% Nov 12, 2025 - Jan 5, 2026 |
| #6 | -0.06% Jan 13, 2026 - Jan 16, 2026 | -0.53% Jun 14, 2021 - Jul 8, 2021 |
| #7 | -0.04% Dec 9, 2025 - Dec 12, 2025 | -0.33% Oct 27, 2025 - Nov 12, 2025 |
| #8 | -0.04% Dec 12, 2025 - Dec 18, 2025 | -0.24% Jan 16, 2026 - Jan 30, 2026 |
| #9 | -0.04% Dec 1, 2025 - Dec 3, 2025 | -0.13% Jul 8, 2021 - Jul 15, 2021 |
| #10 | -0.03% May 6, 2026 - May 8, 2026 | -0.10% Jul 20, 2021 - Jul 28, 2021 |
| #11 | -0.02% Oct 22, 2025 - Oct 24, 2025 | -0.10% Feb 19, 2026 - Feb 24, 2026 |
| #12 | -0.02% Dec 26, 2025 - Dec 30, 2025 | -0.09% Feb 12, 2026 - Feb 17, 2026 |
| #13 | -0.02% Oct 27, 2025 - Oct 30, 2025 | -0.08% Jul 28, 2021 - Aug 3, 2021 |
| #14 | -0.02% Nov 5, 2025 - Nov 10, 2025 | -0.03% Feb 10, 2026 - Feb 12, 2026 |
| #15 | -0.02% Nov 10, 2025 - Nov 12, 2025 | -0.03% Jan 30, 2026 - Feb 4, 2026 |
Correlation
Correlation between RCLO and MBND is 0.28 which considered as a very weak or no correlation - the stocks move independently of each other.
0.28
-101
Dividend Comparison (2021 - 2026)
RCLO vs MBND dividend yield comparison.
| Year | RCLO | MBND |
|---|---|---|
| 2026 | 2.82% | 1.43% |
| 2025 | 1.32% | 3.43% |
| 2024 | 0.00% | 2.72% |
| 2023 | 0.00% | 2.53% |
| 2022 | 0.00% | 1.61% |
| 2021 | 0.00% | 1.62% |
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