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PFRL vs PAAA

PGIM Floating Rate Income ETF vs Pgim Aaa Clo Etf

PFRL

PGIM Floating Rate Income ETF

Annual cost

0.72%

Fund size

$116M

PAAA

PGIM AAA CLO ETF

Annual cost

0.19%

Fund size

$10.2B

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

PFRLPAAA
Annual cost (TER)0.72%0.19%
Fund size (AUM)$116M$10.2B
Since20222023
Dividend yield7.42%5.33%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+6.4%+5.3%
CAGR 3Y+8.9%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.98N/A
Volatility 1Y1.94%0.49%
Max drawdown-8.83%-1.04%

Similar to PFRL and PAAA