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PAAA vs PFRL

Pgim Aaa Clo Etf vs PGIM Floating Rate Income ETF

PAAA

PGIM AAA CLO ETF

Annual cost

0.19%

Fund size

$10.2B

PFRL

PGIM Floating Rate Income ETF

Annual cost

0.72%

Fund size

$116M

Key differences

  • PAAA costs 0.53% less per year.
  • PAAA is significantly larger than PFRL — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

PAAAPFRL
Annual cost (TER)0.19%0.72%
Fund size (AUM)$10.2B$116M
Since20232022
Dividend yield5.33%7.42%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+5.3%+6.4%
CAGR 3YN/A+8.9%
CAGR 5YN/AN/A
Sharpe 3YN/A0.98
Volatility 1Y0.49%1.94%
Max drawdown-1.04%-8.83%

Similar to PAAA and PFRL