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ETF comparison

BINC vs JAAA

Both US Aggregate Bond.

iShares Flexible Income Active ETF · Janus Henderson AAA CLO ETF

Holdings overlap

Weighted by ISIN/CUSIP
1.1 %

65 positions appear in both funds. Buying equal dollars of BINC and JAAA would leave roughly 1.1% of each dollar exposed to the same underlying securities.

BINC unmatched 105.9% Shared 1.1% JAAA unmatched 99.3%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In BINC only
3,976 positions
Shared
65 positions
In JAAA only
533 positions

Side by side

BINC

iShares Flexible Income Active ETF

BlackRock · US Aggregate Bond

71 composite / 100
Expense ratio
0.40%
Net assets
$16.45B
TTM yield
6.03%
Top-10 conc.
21.0%
JAAA

Janus Henderson AAA CLO ETF

Janus Henderson · US Aggregate Bond

82 composite / 100
Expense ratio
0.20%
Net assets
$31.49B
TTM yield
4.84%
Top-10 conc.
6.8%

Sub-score comparison

60
Cost
80
48
Tax efficiency
51
100
Liquidity
100
84
Concentration
100
—
Tracking quality
—
BINC sub-score JAAA

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

JAAA is 20 bps cheaper than BINC. On a $100,000 position that's about $200/yr more in fees for BINC.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with BINC vs JAAA.

Top shared holdings

65 shared in total
# Holding In BINC In JAAA Overlap
1 Elmwood CLO III Ltd 0.06% 0.13% 0.06%
2 Neuberger Berman CLO Ltd 0.06% 0.06% 0.06%
3 Signal Peak CLO, LLC 0.05% 0.04% 0.04%
4 Madison Park Funding Ltd 0.04% 0.40% 0.04%
5 Crown City CLO I 0.04% 0.13% 0.04%
6 Park Blue CLO Ltd 0.03% 0.26% 0.03%
7 Silver Point CLO, Ltd 0.03% 0.03% 0.03%
8 Kennedy Lewis CLO Ltd 0.03% 0.19% 0.03%
9 HalseyPoint CLO Ltd. 0.03% 0.26% 0.03%
10 CIFC Funding Ltd 0.03% 0.03% 0.03%
11 Whitebox CLO Ltd 0.03% 0.44% 0.03%
12 Kennedy Lewis CLO Ltd 0.02% 0.46% 0.02%

Only in BINC

3,976 total
  • UMBS, TBA 6.83%
  • UMBS, TBA 3.48%
  • UMBS, TBA 2.35%
  • UMBS, TBA 1.57%
  • iShares iBoxx USD High Yield Corporate Bond ETF 1.46%
  • Italy Buoni Poliennali Del Tesoro 1.32%
  • UMBS, TBA 1.10%
  • iShares iBoxx USD Investment Grade Corporate Bond ETF 1.06%
  • Spain Government Bonds 0.97%
  • UMBS, TBA 0.81%

Only in JAAA

533 total
  • AB BSL CLO 1 Ltd. 0.78%
  • Anchorage Capital CLO 16 Ltd. 0.73%
  • Palmer Square CLO Ltd. 0.68%
  • Ares LXI CLO Ltd. 0.68%
  • Carlyle US CLO Ltd. 0.62%
  • WISE CLO Ltd. 0.62%
  • Magnetite XXXII Ltd. 0.60%
  • Carlyle US CLO Ltd. 0.60%
  • Regatta XIX Funding Ltd. 0.60%
  • Oaktree CLO Ltd. 0.60%

Percentages are holdings overlap with the named fund.

Open BINC or JAAA at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.