Invesco USD AAA CLO UCITS ETF GBP Hdg Dist

Invesco USD AAA CLO UCITS ETF GBP Hdg Dist

About

Invesco USD AAA CLO UCITS ETF GBP Hdg Dist (IE000DZN13O8) is a UCITS-compliant bond ETF tracking the J.P. Morgan CLOIE AAA Index. With a TER of 0.25%, it is moderately priced. The fund holds 107 positions with €65,097 in assets.

ISIN
Fund Size €65.1K
Issuer Invesco
Distribution —
Replication —
Inception Feb 2025
Base Currency GBP
Index J.P. Morgan CLOIE AAA Index
Asset Class Bonds
Category Securitized Bond

Costs

8.5
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%

Holdings

3.9
With only 107 individual holdings, this fund is relatively concentrated compared to other ETFs.
#1
Ares Direct Lending CLO 8 LLC FRN 20/01/39
0.04%
#2
Symphony Clo 47 Ltd FRN 20/04/38
0.04%
#3
Ballyrock CLO 17 Ltd FRN 20/10/38
0.03%
#4
Benefit Street Partners CLO 48 Ltd FRN 20/04/38
0.03%
#5
AGL CLO 23 Ltd FRN 20/04/38
0.03%
#6
Ocp Clo 2024-33 Ltd FRN 20/07/39
0.03%
#7
RRE 18 Loan Management DAC FRN 15/04/38
0.03%
#8
OHA Credit Funding 25 Ltd FRN 20/04/39
0.03%
#9
AGL CLO 17 Ltd FRN 21/01/35
0.03%
#10
Bain Capital Credit CLO 2025-4 Ltd FRN 17/01/39
0.03%

Sectors

Allocation by industry sector.

Regions

Geographic allocation by country of risk.

Nerd Stuff

Advanced risk and return metrics (2025-01-06 — 2026-12-05).
4.7%
Volatility
-1.7%
Max Drawdown
-0.42
Sharpe Ratio
-0.55
Sortino Ratio
-1.21
Calmar Ratio
0.08
Beta
-5.55%
Alpha (Jensen's)
0.056
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

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