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PAAA vs CGSM

Pgim Aaa Clo Etf vs Capital Group Short Duration Municipal Income ETF

PAAA

PGIM AAA CLO ETF

Annual cost

0.19%

Fund size

$10.2B

CGSM

Capital Group Short Duration Municipal Income ETF

Annual cost

0.25%

Fund size

$1.2B

Key differences

Both PAAA and CGSM are fixed income ETFs. PAAA charges 0.19% a year and CGSM 0.25%. The main difference: PAAA follows a active selection strategy; CGSM uses index tracking.

  • PAAA follows a active selection strategy; CGSM uses index tracking.
  • PAAA costs 0.06% less per year.
  • PAAA is much larger than CGSM. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

PAAACGSM
Annual cost (TER)0.19%0.25%
Fund size (AUM)$10.2B$1.2B
Since20232023
Dividend yield5.33%3.00%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.2%+4.4%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y0.47%1.34%
Max drawdown-1.04%-1.42%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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