Panagram Bbb-B Clo ETF

10-Year Study

CLOZ.US · · US · ETF

Executive Summary: Panagram Bbb-B Clo ETF has compounded at -13.5% annually over the last 10 years, with a maximum drawdown of 85.7% and an annualized volatility of 175.6%.

1Y CAGR
+1.8%
3Y CAGR
+9.4%
5Y CAGR
-26.8%
10Y CAGR
-13.5%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
85.7%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.11
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.07
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
37.7%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +41.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · -78.7%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
57%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20261.1-4.0-0.21.4————————-1.8%
20251.00.0-1.40.02.7-0.00.91.10.20.20.40.66.0%
20241.20.71.21.31.00.50.90.60.50.81.70.811.9%
2023-81.30.9-0.61.60.11.83.21.41.10.21.81.7-78.7%
2022-11.5-1.24.6-6.64.7-10.116.6-18.2-10.88.74.7-1.4-23.1%
20218.0-3.811.14.63.1-7.15.23.4-6.01.36.510.641.3%
2020-6.0-18.73.9-13.512.712.1-4.15.65.46.85.68.613.4%
2019——————2.6-2.77.04.52.66.422.0%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 175.6%. The dominant macroeconomic risk driver is SHV.US, accounting for 74.6% of variance. Idiosyncratic stock-specific factors contribute 10.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2019-06-0110000
2019-07-0110264.823870033248
2019-08-019992.803245633
2019-09-0110692.299439885195
2019-10-0111168.680875772754
2019-11-0111460.851094715943
2019-12-0112196.314589744921
2020-01-0111460.851094715943
2020-02-019318.320000377737
2020-03-019686.240616026362
2020-04-018380.828544739183
2020-05-019441.565242465505
2020-06-0110582.900867398868
2020-07-0110143.926302775602
2020-08-0110709.55671660655
2020-09-0111288.859206821917
2020-10-0112055.267427944336
2020-11-0112733.160182248967
2020-12-0113831.317477121425
2021-01-0114941.709474031895
2021-02-0114373.920253504959
2021-03-0115975.920630582385
2021-04-0116711.28310312101
2021-05-0117224.380723898616
2021-06-0116003.453651485366
2021-07-0116839.377424745657
2021-08-0117413.643065360564
2021-09-0116373.056511212453
2021-10-0116586.06682440084
2021-11-0117662.92374679679
2021-12-0119539.43407420519
2022-01-0117301.38072488688
2022-02-0117087.30638133816
2022-03-0117874.207893084822
2022-04-0116689.096587712833
2022-05-0117481.317153190615
2022-06-0115715.8272484669
2022-07-0118328.295202650566
2022-08-0114991.364224180765
2022-09-0113375.071360859693
2022-10-0114534.426323474234
2022-11-0115224.524131912094
2022-12-0115018.709475020158
2023-01-012801.8852992840693
2023-02-012826.2376297137016
2023-03-012810.448914299218
2023-04-012856.548509078243
2023-05-012860.0171329751356
2023-06-012912.1328472101814
2023-07-013004.389607289344
2023-08-013046.2289835062115
2023-09-013080.5410140879158
2023-10-013086.787415628377
2023-11-013141.5369812042163
2023-12-013196.401687822277
2024-01-013235.1466485294695
2024-02-013258.592243251615
2024-03-013297.4667376313055
2024-04-013339.550788562892
2024-05-013373.48861075738
2024-06-013391.983140664045
2024-07-013423.301504148016
2024-08-013442.1846350721758
2024-09-013460.218600809959
2024-10-013487.262353101495
2024-11-013546.7327014083744
2024-12-013575.1869314671108
2025-01-013612.3343102134945
2025-02-013613.3993648540336
2025-03-013564.579562952549
2025-04-013565.903684938085
2025-05-013662.6941235546783
2025-06-013661.888136259135
2025-07-013696.1713815802837
2025-08-013735.0170906994194
2025-09-013742.731540528192
2025-10-013748.4885926392158
2025-11-013765.169651130908
2025-12-013788.989454240271
2026-01-013831.9082777279555
2026-02-013677.201894874459
2026-03-013668.9405250951395
2026-04-013721.934189777117
Annual Return Matrix
YearAnnual Return
20200.13405712646599577
20210.412695074531088
2022-0.23136415220710138
2023-0.7871720141375205
20240.1185036427329953
20250.05980177452859059
2026-0.017697400658666984
Total Factor Risk
1.7555281570513737
VTI.US Exposure
0.006134847915652985
VEA.US Exposure
-0.00045450828835241335
VWO.US Exposure
0.008384669870049198
QQQ.US Exposure
0.02486357386802567
VTV.US Exposure
0.0018210686722294224
IJR.US Exposure
0.0005575805019504252
QUAL.US Exposure
0.002406674230884741
SHV.US Exposure
0.7464614913507536
TLT.US Exposure
0.003120751516577409
LQD.US Exposure
0.04385182862299176
HYG.US Exposure
0.03509895848505107
GLD.US Exposure
0.0033661556284169634
USO.US Exposure
-0.0002459434514054452
VNQ.US Exposure
0.0050469916663798495
BTC-USD.CC Exposure
0.0009110034473309097
CPER.US Exposure
-0.000696590601223059
VIX.INDX Exposure
0.000030937594907815195
UUP.US Exposure
-0.000464099828886511
TIP.US Exposure
0.01143675774687886
Idiosyncratic Exposure
0.10836785105178673
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
175.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$0
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$47
Avg Yield on Cost
0.47%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$47.50.47%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.1%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.6%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
3.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.01
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Panagram Bbb-B Clo ETF a high-risk investment?

Panagram Bbb-B Clo ETF (CLOZ.US) has an annualized volatility of 175.6% and experienced a maximum drawdown of 85.7% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of CLOZ.US?

Over the past 10 years, CLOZ.US has generated a Compound Annual Growth Rate (CAGR) of -13.5%. It has had a positive return in 57% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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