SPXN vs BCLO

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

SPXN vs BCLO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SPXN

$74M

Winner

BCLO

$74M

Expense Ratio

Winner

SPXN

0.09%

BCLO

0.45%

Max Drawdown

SPXN

32.10%

Winner

BCLO

5.66%

Sharpe Ratio

Winner

SPXN

1.74

BCLO

1.50

5Y Beta

SPXN

1.01

Winner

BCLO

0.07

P/E Ratio

SPXN

32.14

BCLO

N/A

Forward P/E

SPXN

23.65

BCLO

N/A

5Y Dividends CAGR

SPXN

10.46%

BCLO

N/A

5Y EPS CAGR

SPXN

28.44%

BCLO

N/A

Debt to Equity

SPXN

26.91%

BCLO

N/A

P/S Ratio

SPXN

3.77

BCLO

N/A

P/B Ratio

SPXN

7.13

BCLO

N/A

SPXN vs BCLO - Historical Returns

Returns include dividend reinvestment.

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

Winner

SPXN

+2.09%

BCLO

+1.23%

Winner

SPXN

+9.58%

BCLO

+3.36%

Winner

SPXN

+9.61%

BCLO

+3.34%

Winner

SPXN

+29.81%

BCLO

+6.75%

5Y(CAGR)

SPXN

+14.25%

BCLO

N/A

10Y(CAGR)

SPXN

+15.92%

BCLO

N/A

Max(CAGR)

Winner

SPXN

+15.77%

BCLO

+6.16%

SPXN vs BCLO - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

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

SPXN vs BCLO Drawdown Comparison

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

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

The current SPXN drawdown is -3.50%.

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

Correlation

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

0.98

-101

Dividend Comparison (2015 - 2026)

SPXN vs BCLO dividend yield comparison.

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