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ETF comparison

JAAA vs PYLD

Both US Aggregate Bond.

Janus Henderson AAA CLO ETF · PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund

Holdings overlap

Weighted by ISIN/CUSIP
0.5 %

6 positions appear in both funds. Buying equal dollars of JAAA and PYLD would leave roughly 0.5% of each dollar exposed to the same underlying securities.

JAAA only 96.1% Shared 0.5% PYLD only 119.0%
In JAAA only
594 positions
Shared
6 positions
In PYLD only
1,559 positions

Side by side

JAAA

Janus Henderson AAA CLO ETF

Janus Henderson · US Aggregate Bond

82 composite / 100
Expense ratio
0.20%
Net assets
$28.41B
TTM yield
4.95%
Top-10 conc.
11.9%
PYLD

PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund

PIMCO · US Aggregate Bond

55 composite / 100
Expense ratio
0.64%
Net assets
$14.71B
TTM yield
6.33%
Top-10 conc.
51.5%

Sub-score comparison

80
Cost
36
51
Tax efficiency
48
100
Liquidity
100
97
Concentration
41
—
Tracking quality
—
JAAA sub-score PYLD

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

Cost difference

JAAA is 44 bps cheaper than PYLD. On a $100,000 position that's about $440/yr more in fees for PYLD.

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 JAAA vs PYLD.

Top shared holdings

6 shared in total
# Holding In JAAA In PYLD Overlap
1 Ares LXV CLO Ltd. 0.26% 0.19% 0.19%
2 Magnetite XXXII Ltd. 0.65% 0.16% 0.16%
3 CFIP CLO Ltd. 0.07% 0.11% 0.07%
4 New Mountain CLO 5 Ltd. 0.36% 0.06% 0.06%
5 Neuberger Berman CLO XXI Ltd. 0.06% 0.08% 0.06%
6 Greywolf CLO IV Ltd. 0.04% 0.01% 0.01%

Only in JAAA

594 total
  • KKR CLO 35 Ltd. 0.93%
  • AB BSL CLO 1 Ltd. 0.85%
  • Anchorage Capital CLO 16 Ltd. 0.79%
  • Anchorage Capital CLO 17 Ltd. 0.77%
  • Carlyle US CLO Ltd. 0.68%
  • Regatta XIX Funding Ltd. 0.65%
  • Carlyle US CLO Ltd. 0.65%
  • Galaxy 35 CLO Ltd. 0.64%
  • Symphony CLO XVIII Ltd. 0.64%
  • OFSI BSL XV CLO Ltd. 0.63%

Only in PYLD

1,559 total
  • UMBS PASS THRU POOLS 8.36%
  • UMBS PASS THRU POOLS 6.59%
  • UMBS PASS THRU POOLS 6.43%
  • UMBS PASS THRU POOLS 6.41%
  • UMBS PASS THRU POOLS 5.97%
  • UMBS PASS THRU POOLS 5.23%
  • UNITED STATES GOVT 2.07%
  • PERU GOVT 0.99%
  • SOUTH AFRICA GOVT 0.85%
  • UNITED STATES GOVT 0.82%

Open JAAA or PYLD at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.