TLTD vs CLOZ

Comparison between FLEXSHARES MORNINGSTAR DEVELOPED MARKETS EX-US FACTOR TILT INDEX FUND (TLTD, ETF) and ELDRIDGE BBB-B CLO ETF (CLOZ, ETF).

TLTD vs CLOZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TLTD(ETF)	CLOZ(ETF)
Net Assets	$634M	$632M
Expense Ratio	0.39%	0.50%
Max Drawdown	44.58%	6.72%
Sharpe Ratio	1.31	0.76
5Y Beta	0.71	0.15
5Y Dividends CAGR	16.71%	N/A

Net Assets

Winner

TLTD

$634M

CLOZ

$632M

Expense Ratio

Winner

TLTD

0.39%

CLOZ

0.50%

Max Drawdown

TLTD

44.58%

Winner

CLOZ

6.72%

Sharpe Ratio

Winner

TLTD

1.31

CLOZ

0.76

5Y Beta

TLTD

0.71

Winner

CLOZ

0.15

5Y Dividends CAGR

TLTD

16.71%

CLOZ

N/A

TLTD vs CLOZ - Historical Returns

Returns include dividend reinvestment.

Period	TLTD	CLOZ
1 month	-0.24%	+0.45%
3 months	+2.38%	+4.56%
6 months	+9.87%	+2.87%
1 year	+24.35%	+6.10%
5 years(CAGR)	+9.17%	N/A
10 years(CAGR)	+9.23%	N/A
Max(CAGR)	+8.16%	+10.40%

TLTD

-0.24%

Winner

CLOZ

+0.45%

TLTD

+2.38%

Winner

CLOZ

+4.56%

Winner

TLTD

+9.87%

CLOZ

+2.87%

Winner

TLTD

+24.35%

CLOZ

+6.10%

5Y(CAGR)

TLTD

+9.17%

CLOZ

N/A

10Y(CAGR)

TLTD

+9.23%

CLOZ

N/A

Max(CAGR)

TLTD

+8.16%

Winner

CLOZ

+10.40%

TLTD vs CLOZ - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	TLTD	CLOZ
2026	+5.84%	+2.32%
2025	+39.87%	+5.89%
2024	+5.94%	+11.34%
2023	+16.61%	+14.91%
2022	-14.24%	N/A
2021	+12.78%	N/A
2020	+3.29%	N/A
2019	+21.55%	N/A
2018	-18.30%	N/A
2017	+25.61%	N/A
2016	+6.81%	N/A
2015	-1.07%	N/A
2014	-5.04%	N/A
2013	+19.26%	N/A
2012	+5.81%	N/A

TLTD vs CLOZ Drawdown Comparison

The maximum drawdown for TLTD was -40.60%, occurring on Mar 23, 2020. Recovery took 741 trading sessions.

The maximum drawdown for CLOZ was -5.32%, occurring on Apr 8, 2025. Recovery took 59 trading sessions.

The current TLTD drawdown is -3.92%. The current CLOZ drawdown is -0.25%.

Rank	TLTD	CLOZ
#1	-40.60% Jan 26, 2018 - Jan 6, 2021	-5.32% Feb 19, 2025 - May 14, 2025
#2	-28.93% Sep 3, 2021 - Mar 1, 2024	-3.90% Feb 3, 2026 - Apr 28, 2026
#3	-24.90% Jul 2, 2014 - Apr 25, 2017	-2.69% Feb 23, 2023 - Apr 10, 2023
#4	-13.10% Mar 19, 2025 - Apr 28, 2025	-1.38% Jul 29, 2024 - Aug 22, 2024
#5	-12.11% Feb 26, 2026 - Mar 20, 2026	-1.12% Oct 8, 2025 - Nov 26, 2025
#6	-10.13% May 21, 2013 - Aug 13, 2013	-0.59% May 1, 2023 - May 26, 2023
#7	-8.83% Sep 26, 2024 - Mar 5, 2025	-0.56% Dec 20, 2023 - Jan 2, 2024
#8	-7.25% Jul 16, 2024 - Aug 21, 2024	-0.43% May 29, 2025 - Jun 18, 2025
#9	-6.34% Jan 21, 2014 - Feb 24, 2014	-0.41% Jan 2, 2024 - Jan 10, 2024
#10	-6.16% Jun 14, 2021 - Sep 3, 2021	-0.41% Jun 23, 2025 - Jul 3, 2025
#11	-4.90% Oct 17, 2012 - Dec 4, 2012	-0.41% Sep 26, 2023 - Oct 17, 2023
#12	-4.76% Nov 12, 2025 - Nov 28, 2025	-0.38% Sep 23, 2024 - Oct 16, 2024
#13	-4.29% Mar 27, 2024 - May 9, 2024	-0.37% Sep 17, 2025 - Oct 3, 2025
#14	-4.09% Jan 8, 2021 - Feb 8, 2021	-0.34% Oct 17, 2023 - Nov 9, 2023
#15	-3.91% Aug 27, 2024 - Sep 19, 2024	-0.32% Apr 1, 2024 - Apr 8, 2024

Correlation

Correlation between TLTD and CLOZ is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88

-101

Dividend Comparison (2012 - 2026)

TLTD vs CLOZ dividend yield comparison.

Year	TLTD	CLOZ
2026	0.13%	2.96%
2025	3.44%	7.63%
2024	3.88%	9.09%
2023	3.39%	8.81%
2022	2.76%	0.00%
2021	3.44%	0.00%
2020	2.04%	0.00%
2019	3.46%	0.00%
2018	3.16%	0.00%
2017	2.71%	0.00%
2016	2.93%	0.00%
2015	2.56%	0.00%
2014	3.14%	0.00%
2013	1.14%	0.00%
2012	0.21%	0.00%