Compare ETFs
Fees, size, distributions, currency exposure and holdings overlap for two to four funds, side by side.
Side by side
| Measure | FAAAFidelity AAA CLO ETF | PAAAPGIM AAA CLO ETF |
|---|---|---|
| Market | USNasdaq | USNYSE Arca |
| Issuer | Fidelity | PGIM |
| Asset class | Fixed income · International | Fixed income · International |
| Expense ratio | 0.00%Net expense ratio, filed 29 Jan 2026 | 0.19%Expense ratio, filed 30 Oct 2025 |
| Net assets | $45.0MAs of 31 May 2026 | $10.2BAs of 29 May 2026 |
| Holdings | 135As of 31 May 2026 | 330As of 29 May 2026 |
| 12-month distribution yield | 2.52% | 4.65% |
| Distributions | Monthly$1.2670 in 12 months | Monthly$2.3920 in 12 months |
| Last price | $50.3520 Oct 2026, 15:06 UTC | $51.4220 Oct 2026, 20:00 UTC |
Holdings overlap
Weighted overlap is the sum, over the securities both funds hold, of the smaller of the two weights. 0% means no shared holdings; 100% means identical portfolios.
| Fund | FAAA | PAAA |
|---|---|---|
| FAAA | Same fund | 4.9% |
| PAAA | 4.9% | Same fund |
FAAA and PAAA
- Weighted overlap
- 4.9%
- Holdings in common
- 15
- FAAA holdings also in PAAA
- 11.2% by count
- PAAA holdings also in FAAA
- 4.6% by count
| Holding | Weight in FAAA | Weight in PAAA | Overlap | Matched by |
|---|---|---|---|---|
| 720 EAST CLO VII LTD / LLC720 EAST CLO VII LTD / LLC A1 TSFR3M+106 04/20/2037 144A US81800WAA99 | 1.11% | 0.69% | 0.69% | ISIN |
| CARLYLE GLOBAL MARKET STRATEGIESCARLYLE GLOBAL MARKET STRATEGIES A1R TSFR3M+ 10/15/2038 144A US14318FAL85 | 0.56% | 0.74% | 0.56% | ISIN |
| MDPK 2025-40RAMADISON PARK FUNDING LTD A TSFR3M+ 10/16/2038 144A US55823RAA77 | 0.56% | 0.53% | 0.53% | ISIN |
| MAGNETITE XLII LTDMAGNETITE XLII LTD A1 TSFR3M+131 01/25/2038 144A US55955XAA46 | 0.56% | 0.51% | 0.51% | ISIN |
| GALAXY XXV CLO LTDGALAXY XXV CLO LTD A1RR TSFR3M+111 04/25/2036 144A US36319XBA46 | 0.78% | 0.40% | 0.40% | ISIN |
| MADISON PARK FUNDING LTDMADISON PARK FUNDING LTD A1R TSFR3M+140 07/21/2038 144A US55817GAN16 | 0.56% | 0.40% | 0.40% | ISIN |
| AGL CLO 19 LTDAGL CLO 19 LTD 22-19A A1R TSFR3M+130 07/21/2038 144A US001210AQ61 | 0.56% | 0.31% | 0.31% | ISIN |
| ELMWOOD CLO 45 LTD 25-8AELMWOOD CLO 45 LTD A1 TSFR3M+ 10/17/2038 144A US29005LAA52 | 0.67% | 0.31% | 0.31% | ISIN |
| REGATTA XXII FUNDING LTDREGATTA XXII FUNDING LTD A1R2 TSFR3M+126 01/15/2039 144A US758968AY78 | 0.56% | 0.30% | 0.30% | ISIN |
| ELMWOOD CLO III LTDELMWOOD CLO III LTD A1RR TSFR3M+138 07/18/2037 144A US29002HAW97 | 0.56% | 0.27% | 0.27% | ISIN |
How overlap is measured
Each fund's latest public Form N-PORT report lists its positions with the percent of net assets each one makes up. For every security both funds hold, the smaller of its two weights is counted, and those are added up. If fund A holds a stock at 6% and fund B at 4%, that stock adds 4 percentage points.
Securities are matched by ISIN first, then by CUSIP (a US or Canadian ISIN contains the CUSIP), and only as a last resort by issuer name, for non-debt holdings where one fund gives no identifier. Repeated lines of the same security in one fund are added together, and each security is matched once.
Cash funds, repurchase agreements, derivative contracts and short positions are left out because their reported value is not comparable exposure. For funds with more than 2,000 positions only the largest 2,000 are stored, so the result is a lower bound and the possible extra is shown. Reports can be for different month ends, and funds trade between reports.
The count-based shares show how many of one fund's holdings the other also holds, which can be high even when overlap by weight is low. Read more in where the ETF data comes from.
Currency exposure
| Currency | FAAA | PAAA |
|---|---|---|
| US dollar (USD) | 100.3% | 103.9% |