Invesco EUR AAA CLO UCITS ETF USD Hdg Acc

Invesco · IE0005KVDHL8

Invesco EUR AAA CLO UCITS ETF USD Hdg Acc is an exchange-traded fund (ETF) from Invesco, traded under the ticker UCLO (ISIN IE0005KVDHL8). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about lending to governments and companies in return for regular interest, which tends to be steadier than shares but grows more slowly, focused on the European market. It follows the J.P. Morgan European Collateralized Loan Obligation AAA-only Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include RRE 7 Loan Management DAC FRN 15/10/38, Aurium CLO XI DAC FRN 18/04/38 and RRE 25 Loan Management DAC FRN 15/04/38. It holds around 142 positions (the ten largest ≈ 33.2%), spreading risk so no single holding decides your outcome. Funds like this are often used as the steadier, lower-swing part of a portfolio — the ballast that cushions the ups and downs of shares. Its ongoing charge (TER) is 0.25% a year — about €25 a year on a €10,000 holding, taken automatically from the fund; counting the trading costs inside the fund, the all-in figure is around 0.56%. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors, trades in USD and is currency-hedged against exchange-rate swings. On the standard KID risk scale it is rated 2 out of 7 and its price has swung about 0.5% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2025, and its KID suggests a holding period of 3 years. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Invesco.)

· Tracks the J.P. Morgan European Collateralized Loan Obligation AAA-only Index index ?

Bond ?Accumulating ?Physical ?Ireland ?

Low yearly feeReinvests dividendsOwns the shares directlyEurope

Find funds like this

Invesco funds Domiciled in Ireland Accumulating Physically replicated Europe bonds Yearly fee under 0.25%

Opens the screener with this filter applied.

Fund size (AUM) ?

€844.1M

Risk level (SRI) ?

2 / 7 · Low

Yearly fee (TER) ?

0.25%

All-in cost ≈ 0.56%

About this fund

The J.P. Morgan European Collateralized Loan Obligation AAA-only Index index is the benchmark this fund aims to copy. By holding it, this fund gives you a stake in around 142 companies across Europe in a single purchase.

The fund automatically reinvests dividends back into itself, so your holding grows without cash payouts. The fund actually buys every share in the index it tracks (full replication).

Fund facts

Index tracked ?

J.P. Morgan European Collateralized Loan Obligation AAA-only Index

Replication ?

Physical

Full — buys every share

Regulation ?

UCITS

Yes

Launched

Dec 2025

Performance

Growth of $100 invested — both lines start at $100.

Invesco EUR AAA CLO UCITS ETF USD Hdg Acc Average J.P. Morgan European Collateralized Loan Obligation AAA-only Index ETF (funds we track) ?

Compared with the average fund tracking the same index — our own data, not the licensed index itself.

YTD+2.6%

How bumpy has it been?

0.5%

Volatility (1y) ?

How much the price swings year to year — lower is calmer.

-0.1%

Worst drop (3y) ?

The biggest fall from a peak over the last three years.

What's inside

The 10 biggest holdings make up 33.2% of the fund — the rest is spread across roughly 122 more companies.

Top 10 holdings

#	Company	Weight
1	RRE 7 Loan Management DAC FRN 15/10/38	3.6%
2	Aurium CLO XI DAC FRN 18/04/38	3.6%
3	RRE 25 Loan Management DAC FRN 15/04/38	3.6%
4	Armada Euro CLO FRN 15/04/38	3.6%
5	Sculptor European CLO XII DAC FRN 15/01/38	3.5%
6	Sona Fios Clo IV DAC FRN 20/04/38	3.3%
7	Capital Four CLO II DAC FRN 15/04/39	3.0%
8	OCP Euro Clo 2025-13 DAC FRN 18/07/38	3.0%
9	Penta CLO 15 DAC FRN 15/10/38	3.0%
10	Arbour Clo XIV DAC FRN 15/04/38	3.0%

Where to buy this fund

Where it trades

Exchange	Ticker	Currency
LSE	UCLO	USD	★ Primary
E1	UCLOUSD	USD
EO	UCLOUSD	USD
EP	UCLOUSD	USD
EU	UCLOUSD	USD
EZ	UCLOUSD	USD
London Stock Exchange	UCLO	USD
S1	UCLOL	USD
X1	UCLOUSD	USD
X2	UCLOUSD	USD
XA	UCLOUSD	USD
XF	UCLOUSD	USD
XG	UCLOUSD	USD
XH	UCLOUSD	USD
XJ	UCLOUSD	USD
XL	UCLOUSD	USD
XO	UCLOUSD	USD
XQ	UCLOUSD	USD
XT	UCLOUSD	USD
XU	UCLOUSD	USD
XV	UCLOUSD	USD
XW	UCLOUSD	USD
XX	UCLOUSD	USD
XY	UCLOUSD	USD
XZ	UCLOUSD	USD

For serious comparison — full data holdings, percentiles, advanced risk, tilt, flows

Full holdings

As of 2026-07-07 · the fund's own published holdings.

#	Company	Weight
1	RRE 7 Loan Management DAC FRN 15/10/38	3.6%
2	Aurium CLO XI DAC FRN 18/04/38	3.6%
3	RRE 25 Loan Management DAC FRN 15/04/38	3.6%
4	Armada Euro CLO FRN 15/04/38	3.6%
5	Sculptor European CLO XII DAC FRN 15/01/38	3.5%
6	Sona Fios Clo IV DAC FRN 20/04/38	3.3%
7	Capital Four CLO II DAC FRN 15/04/39	3.0%
8	OCP Euro Clo 2025-13 DAC FRN 18/07/38	3.0%
9	Penta CLO 15 DAC FRN 15/10/38	3.0%
10	Arbour Clo XIV DAC FRN 15/04/38	3.0%
11	Carlyle Global Market Strategies E FRN 25/10/38	3.0%
12	CVC Cordatus Loan Fund XXXIII DAC FRN 24/03/38	3.0%
13	Voya Euro CLO VIII DAC FRN 15/01/39	2.4%
15	Jubilee CLO 2013-X DAC FRN 15/01/39	1.8%
16	Fair Oaks Loan Funding VII DAC FRN 15/07/39	1.8%
17	OCP Euro Clo 2024-9 DAC FRN 20/04/38	1.8%
18	AlbaCore Euro CLO VI DAC FRN 15/10/37	1.6%
19	Seabury Park CLO DAC FRN 20/07/40	1.5%
20	Barings Euro CLO 2024-2 DAC FRN 20/07/39	1.5%
21	Armada Euro CLO I DAC FRN 24/07/40	1.4%
22	Sona Fios CLO II DAC FRN 15/02/39	1.3%
23	Grosvenor Place CLO 2022-1 DAC FRN 25/04/39	1.2%
24	Contego Clo V DAC FRN 15/10/37	1.2%
25	Ares European CLO VIII DAC FRN 17/04/39	1.2%
26	Rockford Tower Europe CLO FRN 15/01/39	1.2%
27	Penta CLO 3 DAC FRN 17/10/38	1.1%
28	SIGNAL HARMONIC CLO FRN 15/10/38	1.0%
29	Cairn Clo XVI DAC FRN 15/01/40	1.0%
30	Barings Euro CLO 2024-1 DAC FRN 20/04/39	1.0%
31	NGC Euro CLO 5 DAC FRN 15/01/39	1.0%
32	Sculptor European CLO V DAC FRN 15/10/39	1.0%
33	Carlyle Euro CLO 2013-1 DAC FRN 15/10/38	1.0%
34	Ares European CLO XII DAC FRN 20/04/32	0.8%
35	Euro-Galaxy III CLO DAC FRN 24/04/34	0.8%
36	Jubilee Clo 2025-XXX DAC FRN 20/04/38	0.7%
37	Arini European CLO II DAC FRN 15/10/38	0.7%
38	Signal Harmonic Clo V DAC FRN 25/01/38	0.7%
39	Neuberger Berman Loan Advisers Eur FRN 15/07/40	0.7%
40	Avoca CLO XIV DAC FRN 15/07/39	0.7%
41	Avoca Clo Xxx DAC FRN 15/04/39	0.7%
42	Bain Capital Euro CLO 2023-1 DAC FRN 25/01/38	0.6%
43	BBAM European CLO I DAC FRN 22/10/38	0.6%
44	Aurium CLO XIV DAC FRN 20/07/38	0.6%
45	Ares European Clo XXIV DAC FRN 15/04/40	0.6%
46	Cross Ocean Bosphorus Clo X DAC FRN 15/11/37	0.6%
47	North Westerly VII ESG CLO DAC FRN 15/05/34	0.6%
48	OCP Euro CLO 2017-2 DAC FRN 15/04/37	0.6%
49	Carysfort Park CLO DAC FRN 28/07/34	0.6%
50	Dryden 91 Euro CLO 2021 DAC FRN 18/01/38	0.6%
51	Barings Euro CLO 2019-2 DAC FRN 24/07/32	0.6%
52	St Paul's CLO X DAC FRN 22/04/35	0.6%
53	ICG Euro CLO 2023-1 DAC FRN 19/10/38	0.6%
55	Aurium CLO II DAC FRN 22/06/34	0.5%
56	Avoca CLO XXI DAC FRN 15/01/40	0.5%
57	Arini European CLO I DAC FRN 15/10/38	0.5%
59	Dryden 56 Euro CLO 2017 DAC FRN 15/04/38	0.5%
60	Aurium CLO IX DAC FRN 28/10/34	0.5%
61	CORDATUS CLO PLC FRN 24/03/2038	0.5%
62	Barings Euro CLO 2023-2 DAC FRN 20/10/38	0.5%
64	Hayfin Emerald CLO IV DAC FRN 15/10/34	0.4%
65	Penta CLO 2021-2 DAC FRN 15/04/38	0.4%
66	AlbaCore EURO CLO II DAC FRN 15/06/34	0.4%
67	Arbour Clo XIII DAC FRN 15/08/38	0.4%
68	Carlyle Euro CLO 2021-1 DAC FRN 15/01/34	0.4%
69	Carlyle Global Market Strategies E FRN 16/01/39	0.4%
70	Carlyle Global Market Strategies E FRN 15/04/38	0.4%
71	Barings Euro CLO 2023-1 DAC FRN 30/07/38	0.3%
72	Contego CLO IV DAC FRN 23/10/39	0.3%
73	Madison Park Euro Funding XIV DAC FRN 15/07/32	0.3%
75	Avoca CLO XXXIII DAC FRN 15/10/38	0.3%
76	Madison Park Euro Funding XIII DAC FRN 15/01/39	0.3%
77	Rockford Tower Europe CLO 2021-1 D FRN 20/04/34	0.3%
78	Bridgepoint CLO IV DAC FRN 20/01/39	0.3%
79	RRE 24 Loan Management DAC FRN 15/04/40	0.3%
80	Cross Ocean Bosphorus CLO XI DAC FRN 15/04/38	0.3%
81	Madison Park Euro Funding X DAC FRN 25/10/30	0.3%
82	Rockford Tower Europe Clo 2025-2 D FRN 15/10/39	0.3%
83	CIFC European Funding VII DAC FRN 15/07/39	0.3%
84	Sound Point Euro CLO VI Funding DA FRN 24/10/34	0.3%
85	Sound Point Euro CLO IV Funding DA FRN 15/04/39	0.3%
86	Madison Park Euro Funding XVII DAC FRN 27/07/34	0.3%
87	Bilbao CLO II DAC FRN 20/02/40	0.3%
88	Jubilee CLO 2016-XVII DAC FRN 15/10/38	0.3%
89	BBAM European CLO IV DAC FRN 26/10/38	0.3%
90	Dryden 48 Euro CLO 2016 DAC FRN 15/01/40	0.3%
93	Arini European Clo IV DAC FRN 15/01/38	0.2%
94	OCP Euro Clo 2024-11 DAC FRN 18/10/37	0.2%
95	CVC Cordatus Loan Fund XVIII DAC FRN 29/07/34	0.2%
97	BNPP AM Euro CLO 2019 DAC FRN 22/07/32	0.2%
98	JUBILEE CDO BV FRN 15/10/38	0.2%
99	Avoca CLO XXVIII DAC FRN 15/10/37	0.2%
100	Ares European CLO XX DAC FRN 15/10/38	0.2%
102	Euro-Galaxy VII CLO DAC FRN 25/07/35	0.2%
103	CIFC European Funding CLO III DAC FRN 15/01/39	0.2%
104	Aurium CLO XII DAC FRN 17/10/37	0.2%
105	CVC Cordatus Loan Fund V DAC FRN 21/09/39	0.2%
107	Contego CLO XIII DAC FRN 15/10/37	0.2%
108	St Paul's CLO VIII DAC FRN 17/07/30	0.2%
109	Bain Capital Euro CLO 2024-2 DAC FRN 15/01/37	0.1%
110	Carlyle Euro CLO 2021-2 DAC FRN 15/10/35	0.1%
111	Harvest CLO XXXVII DAC FRN 15/01/39	0.1%
112	Henley CLO VII DAC FRN 25/04/39	0.1%
113	BlueMountain Fuji Eur CLO V DAC FRN 15/01/33	0.1%
114	Madison Park Euro Funding XIX DAC FRN 15/01/38	0.1%
115	Cairn CLO XVIII DAC FRN 15/04/37	0.1%
116	Dryden 39 Euro CLO 2015 DAC FRN 15/04/35	0.1%
117	Icg Euro Clo 2025-1 DAC FRN 25/10/38	0.1%
118	ICG Euro CLO 2021-1 DAC FRN 15/10/34	0.1%
119	Cairn CLO FRN 15/04/39	0.1%
120	Dryden 74 Euro CLO 2020 DAC FRN 18/10/39	0.1%
121	Penta Clo 20 DAC FRN 15/10/39	0.1%
122	Avoca CLO XI DAC FRN 15/10/38	0.1%
123	Sound Point Euro CLO 11 Funding DA FRN 05/09/37	0.1%
124	Grosvenor Place CLO 2024-2 DAC FRN 15/01/39	0.1%
125	Bluemountain Euro 2021-2 CLO DAC FRN 15/10/35	0.1%
126	Avoca CLO XXXI DAC FRN 15/07/38	0.1%
127	Jubilee CLO 2018-XX DAC FRN 25/01/38	0.1%
128	Grosvenor Place Clo 2025-3 DAC FRN 15/08/39	0.1%
129	Contego CLO XI DAC FRN 20/11/38	0.1%
130	Madison Park Euro Funding XXI DAC FRN 20/11/39	0.1%
131	CVC Cordatus Loan Fund XXII DAC FRN 15/12/34	0.1%
132	Rockford Tower Europe CLO 2021-2 D FRN 24/01/35	0.1%
133	Harvest Clo XXXVIII DAC FRN 22/01/39	0.1%
134	Palmer Square European Loan Fundin FRN 15/05/34	0.1%
135	Contego CLO X DAC FRN 15/05/38	0.1%
136	Northwoods Capital 21 Euro DAC FRN 22/07/34	0.1%
137	Capital Four CLO V DAC FRN 25/01/38	0.1%
138	North Westerly VI ESG CLO DAC FRN 20/11/38	0.0%
139	Barings Euro CLO 2015-1 DAC FRN 25/07/35	0.0%
140	Cairn CLO XV DAC FRN 15/04/36	0.0%
141	Harvest CLO XXII DAC FRN 15/01/32	0.0%
142	Cash and/or Derivatives	-1.3%

⭳ Download full holdings (CSV)

How it ranks vs peers

🪙 Cheaper than 15% of similar ETFs💰 All-in cost cheaper than 0%

Versus the Bonds · Europe · USD ETFs we track.

Advanced risk

0.2%

Downside deviation ?

100%

Up months (hit rate) ?

$22.64

52-week high ?

$22.00

52-week low ?

Concentration depth

~55 ?

Effective number of holdings

Roughly 142 companies are held, but the largest names carry most of the weight — so it behaves like ~55 equal-sized positions.

Documents

📄 KID (PDF)

Similar funds

We found 6 funds that do much the same job as this one. To pick them we matched this fund's asset class and region, then show how close each match is below.

Matched on🌍 Europe bonds

Compare side by side

6 similar funds

	Invesco EUR AAA CLO UCITS ETF USD Hdg AccInvescoYou're viewing	Amundi EUR Corporate Bond ESG UCITS ETF DR - Hedged USD (C)AmundiBroader match	Amundi EUR Corporate Bond ESG UCITS ETF DR (C)AmundiBroader match	Amundi EUR Corporate Bond ESG UCITS ETF 2 DR - EUR (C)AmundiBroader match	Amundi EUR Corporate Bond ESG UCITS ETF DR (D)AmundiBroader match	Amundi EUR Corporate Bond 1-5Y ESG UCITS ETF USD Hedged AccAmundiBroader match	Amundi EUR Corporate Bond 1-5Y ESG UCITS ETF AccAmundiBroader match
Why it's similar	This is the fund on this page.	BondsAccumulatingPhysicalCheaper fee Tracks a different index in the same category.	BondsAccumulatingPhysicalCheaper fee Tracks a different index in the same category.	BondsAccumulatingPhysicalCheaper fee Tracks a different index in the same category.	BondsPhysicalCheaper fee Tracks a different index in the same category.	BondsAccumulatingPhysicalCheaper fee Tracks a different index in the same category.	BondsAccumulatingPhysicalCheaper fee Tracks a different index in the same category.
Index tracked	J.P. Morgan European Collateralized Loan Obligation AAA-only Index	Bloomberg MSCI ESG Euro Corporate Select Index	Bloomberg MSCI ESG Euro Corporate Select Index	Bloomberg MSCI ESG Euro Corporate Select Index	Bloomberg MSCI ESG Euro Corporate Select Index	Bloomberg MSCI ESG Euro Corporate 1-5 Year Select Hedged USD	Bloomberg MSCI ESG Euro Corporate 1-5 Year Select Index
Yearly fee (TER)	0.25%	0.18%	0.14%	0.14%	0.14%	0.22%	0.20%
All-in cost	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Fund size	€844.1M	€6.5B	€6.5B	€6.5B	€6.5B	€6.3B	€6.3B
Domicile	Ireland	LU	LU	LU	LU	LU	LU
Replication	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)	Physical (full)
3-yr return p.a.		+6.7%	+4.7%	+4.7%	+4.0%		+4.3%
5-yr return p.a.				-0.2%	-1.1%
# holdings	142	3,047	3,047	3,047	3,047	1,809	1,809

The fund on this page stays pinned on the left — scroll or use ‹ › to compare it against each one.

Open the full comparison tool →

Data as of 2026-07-07 · Source: fh-api

New to ETFs? Start with the basics →

Finance Hamster provides educational information about ETFs and investing. It is not investment, tax, or legal advice, and not a recommendation to buy or sell any security. Markets carry risk; do your own research or consult a licensed adviser.