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PAAA vs CLOA

Pgim Aaa Clo Etf vs iShares AAA CLO Active ETF

PAAA

PGIM AAA CLO ETF

PGIM

Annual cost

0.19%

Fund size

$9.0B

CLOA

iShares AAA CLO Active ETF

iShares

Annual cost

0.20%

Fund size

$2.1B

Key differences

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

Side-by-side comparison

PAAACLOA
Annual cost (TER)0.19%0.20%
Fund size (AUM)$9.0B$2.1B
Since20232023
Dividend yield5.39%5.09%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+5.5%+5.6%
CAGR 3YN/A+6.8%
CAGR 5YN/AN/A
Sharpe 3YN/A2.57
Volatility 1Y0.50%0.72%
Max drawdown-1.04%-1.34%

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

Similar to PAAA and CLOA