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PAB vs PAAA

PGIM Active Aggregate Bond ETF vs Pgim Aaa Clo Etf

PAB

PGIM Active Aggregate Bond ETF

Annual cost

0.19%

Fund size

$72M

PAAA

PGIM AAA CLO ETF

Annual cost

0.19%

Fund size

$10.2B

Key differences

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

Side-by-side comparison

PABPAAA
Annual cost (TER)0.19%0.19%
Fund size (AUM)$72M$10.2B
Since20212023
Dividend yield4.89%5.33%
Asset classfixed incomefixed income
Regionglobalnorth america
Strategyactive selectionactive selection
CAGR 1Y+4.6%+5.3%
CAGR 3Y+4.3%N/A
CAGR 5Y+0.2%N/A
Sharpe 3Y0.14N/A
Volatility 1Y3.87%0.49%
Max drawdown-19.27%-1.04%

Similar to PAB and PAAA