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PAAA vs NCLO

Pgim Aaa Clo Etf vs Nuveen Aa-bbb Clo Etf

PAAA

PGIM AAA CLO ETF

PGIM

Annual cost

0.19%

Fund size

$9.0B

NCLO

Nuveen AA-BBB CLO ETF

Nuveen

Annual cost

0.26%

Fund size

$148M

Key differences

  • PAAA costs 0.07% less per year.
  • PAAA is significantly larger than NCLO — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

PAAANCLO
Annual cost (TER)0.19%0.26%
Fund size (AUM)$9.0B$148M
Since20232024
Dividend yield5.39%5.86%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+5.5%+6.0%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y0.50%3.57%
Max drawdown-1.04%-3.06%

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

Similar to PAAA and NCLO