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PAAA vs PAB

Pgim Aaa Clo Etf vs PGIM Active Aggregate Bond ETF

PAAA

PGIM AAA CLO ETF

Annual cost

0.19%

Fund size

$10.2B

PAB

PGIM Active Aggregate Bond ETF

Annual cost

0.19%

Fund size

$72M

Key differences

  • PAAA is significantly larger than PAB — larger funds tend to be more liquid and less likely to close.
  • PAAA covers north america markets; PAB covers global.

Side-by-side comparison

PAAAPAB
Annual cost (TER)0.19%0.19%
Fund size (AUM)$10.2B$72M
Since20232021
Dividend yield5.33%4.89%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyactive selectionactive selection
CAGR 1Y+5.3%+4.6%
CAGR 3YN/A+4.3%
CAGR 5YN/A+0.2%
Sharpe 3YN/A0.14
Volatility 1Y0.49%3.87%
Max drawdown-1.04%-19.27%

Similar to PAAA and PAB