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FAAA vs JAAA

Fidelity AAA CLO ETF vs Janus Henderson AAA CLO ETF

FAAA

Fidelity AAA CLO ETF

Fidelity Investments

Annual cost

0.00%

Fund size

$29M

JAAA

Janus Henderson AAA CLO ETF

Janus Henderson

Annual cost

0.20%

Fund size

$26.9B

Key differences

  • FAAA costs 0.20% less per year.
  • JAAA is significantly larger than FAAA — larger funds tend to be more liquid and less likely to close.
  • FAAA follows a index tracking strategy; JAAA uses active selection.
  • JAAA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FAAAJAAA
Annual cost (TER)0.00%0.20%
Fund size (AUM)$29M$26.9B
Since20262020
Dividend yield5.53%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingactive selection
CAGR 1YN/A+5.4%
CAGR 3YN/A+6.6%
CAGR 5YN/A+4.7%
Sharpe 3YN/A2.22
Volatility 1Y0.86%
Max drawdown-0.56%-2.60%

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

Similar to FAAA and JAAA