ETF comparison

PAAAvsPYLD

Both US Aggregate Bond.

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

Holdings overlap

Weighted by ISIN/CUSIP
1.3%

22 positions appear in both funds. Buying equal dollars of PAAA and PYLD would leave roughly1.3%of each dollar exposed to the same underlying securities.

PAAA only 102.6%Shared 1.3%PYLD only 109.2%
In PAAA only
308 positions
Shared
22 positions
In PYLD only
1,736 positions

Side by side

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%
PYLD

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

PIMCO · US Aggregate Bond

58composite / 100
Expense ratio
0.64%
Net assets
$15.69B
TTM yield
6.50%
Top-10 conc.
36.1%

Sub-score comparison

81
Cost
36
51
Tax efficiency
47
100
Liquidity
100
89
Concentration
63
Tracking quality
PAAAsub-scorePYLD

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

Cost difference

PAAA is 45 bps cheaper than PYLD. On a $100,000 position that's about $450/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 thecost calculator pre-filled with PAAA vs PYLD.

Top shared holdings

22 shared in total
#HoldingIn PAAAIn PYLDOverlap
1OCTAGON 64 LTD0.44%0.27%0.27%
2Regatta VII Funding Ltd0.27%0.14%0.14%
3MAGNETITE XXXII LTD0.50%0.14%0.14%
4TRINITAS CLO XVI LTD0.22%0.13%0.13%
5MADISON PARK FUNDING XXXIV LTD0.74%0.10%0.10%
6ELMWOOD CLO 21 LTD0.49%0.08%0.08%
7SIGNAL PEAK CLO 12 LTD0.17%0.08%0.08%
8NEUBERGER BERMAN CLO XXI LTD0.52%0.07%0.07%
9SYMPHONY CLO 37 LTD0.30%0.05%0.05%
10OCTAGON INVESTMENT PARTNERS 45 LTD0.24%0.04%0.04%
11BLUEMOUNTAIN CLO 2014-4 LTD0.31%0.04%0.04%
12Marble Point CLO XXIV Ltd0.17%0.03%0.03%

Only in PAAA

308 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%

Only in PYLD

1,736 total
  • UMBS, TBA7.01%
  • UMBS, TBA6.55%
  • UMBS, TBA4.83%
  • Fannie Mae2.97%
  • UMBS, TBA1.78%
  • UMBS, TBA1.42%
  • United States Treasury1.20%
  • Freddie Mac1.06%
  • REPUBLIC OF PERU0.89%
  • RD MICHIGAN PROP OWNER I0.84%

Open PAAA or PYLD 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 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.