CLOA vs FAAA
iShares AAA CLO Active ETF compared with Fidelity AAA CLO ETF on yield, payout growth, payment schedule, cost and risk.
CLOA
iShares AAA CLO Active ETF
TTM yield · Monthly
FAAA
Fidelity AAA CLO ETF
TTM yield · Monthly
Quick take
- CLOA yields more today: 4.78% vs 4.12% (forward).
- Both pay every month.
- FAAA is cheaper to own: 0.00% vs 0.20% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CLOA | FAAA |
|---|---|---|
| Share price | $51.87 | $50.41 |
| TTM yield | 4.78% | 2.75% |
| Forward yield | 4.78% | 4.12% |
| Annual payout per share | $2.48 | $2.076 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 30, 2026 (est.) |
| Expense ratio | 0.20% | 0.00% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 93/100 | 87/100 |
| 1-year total return | +4.6% | — |
| 1-year price return | -0.2% | — |
| Size (market cap / AUM) | 2.3B | 134.2M |
| Years paying | 3.6 | 0.7 |
| Sector / category | Securitized Bond - Focused | Securitized Bond - Focused |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CLOA | FAAA | |
|---|---|---|
| Shares | 192.8 | 198.4 |
| Income per year | $478 | $412 |
| Income per month (avg) | $40 | $34 |
At forward yields, before taxes. Model CLOA · Model FAAA
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CLOA Oct 31, 2026 | Nov 3, 2026 | $0.2067 | Est. |
| CLOA Nov 30, 2026 | Dec 3, 2026 | $0.2067 | Est. |
| CLOA Dec 30, 2026 | Jan 2, 2027 | $0.2067 | Est. |
| FAAA Oct 30, 2026 | Nov 2, 2026 | $0.173 | Est. |
| FAAA Nov 30, 2026 | Dec 3, 2026 | $0.173 | Est. |
| FAAA Dec 31, 2026 | Jan 3, 2027 | $0.173 | Est. |
Annual payouts per share
CLOAFAAA
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CLOA or FAAA?
CLOA currently has the higher trailing yield: CLOA yields 4.78% and FAAA yields 2.75%. Yield changes daily with price, so check the live figures above.
How often do CLOA and FAAA pay?
CLOA pays every month and FAAA pays every month. CLOA's next ex-date is Oct 31, 2026 and FAAA's is Oct 30, 2026.
Is CLOA or FAAA better for income?
It depends on what you are optimising for. CLOA and FAAA differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.