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ETF comparison

BOND vs PAAA

Both US Aggregate Bond.

PIMCO Active Bond Exchange-Traded Fund · PGIM AAA CLO ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.3 %

5 positions appear in both funds. Buying equal dollars of BOND and PAAA would leave roughly 0.3% of each dollar exposed to the same underlying securities.

BOND unmatched 113.0% Shared 0.3% PAAA unmatched 95.9%

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 BOND only
1,514 positions
Shared
5 positions
In PAAA only
324 positions

Side by side

BOND

PIMCO Active Bond Exchange-Traded Fund

PIMCO · US Aggregate Bond

62 composite / 100
Expense ratio
0.54%
Net assets
$8.54B
TTM yield
5.37%
Top-10 conc.
35.3%
PAAA

PGIM AAA CLO ETF

PGIM · US Aggregate Bond

82 composite / 100
Expense ratio
0.19%
Net assets
$13.92B
TTM yield
4.65%
Top-10 conc.
11.2%

Sub-score comparison

46
Cost
81
50
Tax efficiency
51
97
Liquidity
100
64
Concentration
98
—
Tracking quality
—
BOND sub-score PAAA

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

Cost difference

PAAA is 35 bps cheaper than BOND. On a $100,000 position that's about $350/yr more in fees for BOND.

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 BOND vs PAAA.

Top shared holdings

5 shared in total
# Holding In BOND In PAAA Overlap
1 Madison Park Funding Ltd 0.18% 0.74% 0.18%
2 Marble Point CLO XXIV Ltd 0.06% 0.17% 0.06%
3 Silver Rock CLO Ltd 0.04% 0.03% 0.03%
4 Ocean Trails CLO 0.02% 0.04% 0.02%
5 Pikes Peak CLO 0.08% 0.02% 0.02%

Only in BOND

1,514 total
  • UMBS, TBA 5.56%
  • PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund 4.07%
  • UMBS, TBA 3.46%
  • United States Treasury 3.39%
  • UMBS, TBA 2.73%
  • United States Treasury 2.57%
  • UMBS, TBA 2.54%
  • UMBS, TBA 2.27%
  • United States Treasury 1.94%
  • United States Treasury 1.93%

Only in PAAA

324 total
  • CBAMR LTD 1.92%
  • Regatta XXVII Funding Ltd / Regatta XXVII Funding LLC 1.58%
  • ELEVATION CLO 2021-12 LTD 1.13%
  • OCTAGON INVESTMENT PARTNERS 31 LTD 1.04%
  • Cbam 2020-13 Ltd. 0.99%
  • ELMWOOD CLO 25 LTD 0.99%
  • NEUBERGER BERMAN LOAN ADVISERS CLO 33 LTD 0.96%
  • RR 27 LTD 0.93%
  • AGL CLO I LTD 0.87%
  • RAD CLO 25 LTD 0.80%

Percentages are holdings overlap with the named fund.

Open BOND or PAAA 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.