ETF comparison

NEARvsPAAA

Both US Aggregate Bond.

iShares Short Duration Bond Active ETF · PGIM AAA CLO ETF

Holdings overlap

Weighted by ISIN/CUSIP

0.6%

14 positions appear in both funds. Buying equal dollars of NEAR and PAAA would leave roughly0.6%of each dollar exposed to the same underlying securities.

NEAR only

PAAA only

NEAR only 101.3%Shared 0.6%PAAA only 103.3%

In NEAR only

1,567 positions

Shared

14 positions

In PAAA only

316 positions

Side by side

NEAR

iShares Short Duration Bond Active ETF

iShares · US Aggregate Bond

72composite / 100

Expense ratio

0.25%

Net assets

$5.11B

TTM yield

4.46%

Top-10 conc.

33.4%

PAAA

PGIM AAA CLO ETF

PGIM · US Aggregate Bond

81composite / 100

Expense ratio

0.19%

Net assets

$12.40B

TTM yield

4.72%

Top-10 conc.

18.0%

Sub-score comparison

Cost

Tax efficiency

Liquidity

100

Concentration

—

Tracking quality

—

NEARsub-scorePAAA

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

PAAA is 6 bps cheaper than NEAR. On a $100,000 position that's about $60/yr more in fees for NEAR.

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

Top shared holdings

14 shared in total

#	Holding	In NEAR	In PAAA	Overlap
1	Birch Grove CLO Ltd.	0.11%	0.68%	0.11%
2	CIFC Funding Ltd	0.08%	0.07%	0.07%
3	Battalion CLO LTD	0.06%	0.29%	0.06%
4	New Mountain CLO Ltd	0.05%	0.44%	0.05%
5	Regatta XXVII Funding Ltd.	0.04%	0.26%	0.04%
6	Empower CLO Ltd.	0.04%	0.60%	0.04%
7	Bryant Park Funding Ltd	0.04%	0.28%	0.04%
8	Madison Park Funding Ltd	0.04%	0.45%	0.04%
9	CIFC Funding Ltd	0.03%	0.17%	0.03%
10	Ballyrock Ltd	0.03%	0.08%	0.03%
11	Pikes Peak CLO	0.03%	0.03%	0.03%
12	Oaktree CLO Ltd	0.05%	0.02%	0.02%

Only in NEAR

1,567 total

United States Treasury14.14%
United States Treasury4.25%
United States Treasury3.73%
United States Treasury3.20%
BlackRock Funds III2.74%
United States Treasury1.60%
United States Treasury1.47%
United States Treasury1.04%
United States Treasury0.78%
CITIGROUP INC0.48%

Only in PAAA

316 total

(PIPA070) PGIM Core Government Money Market Fund7.64%
CBAMR LTD1.92%
Regatta XXVII Funding Ltd / Regatta XXVII Funding LLC1.58%
ELEVATION CLO 2021-12 LTD1.13%
OCTAGON INVESTMENT PARTNERS 31 LTD1.04%
Cbam 2020-13 Ltd.0.99%
ELMWOOD CLO 25 LTD0.99%
NEUBERGER BERMAN LOAN ADVISERS CLO 33 LTD0.96%
RR 27 LTD0.93%
AGL CLO I LTD0.87%

Open NEAR or PAAA 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 methodologyand 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.