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CLOA vs PAAA

iShares AAA CLO Active ETF vs Pgim Aaa Clo Etf

CLOA

iShares AAA CLO Active ETF

iShares

Annual cost

0.20%

Fund size

$2.1B

PAAA

PGIM AAA CLO ETF

PGIM

Annual cost

0.19%

Fund size

$9.0B

Key differences

  • PAAA is significantly larger than CLOA — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

CLOAPAAA
Annual cost (TER)0.20%0.19%
Fund size (AUM)$2.1B$9.0B
Since20232023
Dividend yield5.09%5.39%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+5.6%+5.5%
CAGR 3Y+6.8%N/A
CAGR 5YN/AN/A
Sharpe 3Y2.57N/A
Volatility 1Y0.72%0.50%
Max drawdown-1.34%-1.04%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CLOA and PAAA