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AAF First Priority CLO Bond ETF (AAA)

ETF · Currency in USD · Last updated Nov 30, 2022

AAA is an actively managed ETF by Alternative Access Funds LLC. AAA launched on Sep 9, 2020 and has a 0.25% expense ratio.

ETF Info

CUSIP53656F656
IssuerAlternative Access Funds LLC
Inception DateSep 9, 2020
RegionNorth America (U.S.)
CategoryCorporate Bonds, Actively Managed
Expense Ratio0.25%
Index TrackedNo Index (Active)
ETF Home Pagewww.aafetfs.com
Asset ClassBond

Trading Data

Previous Close$24.37
Year Range$23.90 - $24.55
EMA (50)$24.16
EMA (200)$24.24
Average Volume$956.26

AAAShare Price Chart


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AAAPerformance

The chart shows the growth of $10,000 invested in AAF First Priority CLO Bond ETF in Sep 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,046 for a total return of roughly 0.46%. All prices are adjusted for splits and dividends.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovember
1.25%
-5.25%
AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)

AAACompare to other instruments

Search for stocks, ETFs, and funds to compare with AAA

AAAReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M1.16%1.45%
6M1.18%-4.82%
YTD-0.71%-16.96%
1Y-0.58%-13.86%
5Y0.21%7.09%
10Y0.21%7.09%

AAAMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-0.04%-0.41%-0.18%0.09%-1.33%-0.50%0.16%0.69%-0.52%0.22%1.14%
20210.30%-0.21%0.05%0.00%-0.03%0.18%0.09%0.09%0.02%0.04%0.24%0.07%
2020-0.44%0.01%0.49%0.26%

AAASharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current AAF First Priority CLO Bond ETF Sharpe ratio is -0.27. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.80-0.60-0.40-0.200.00JulyAugustSeptemberOctoberNovember
-0.27
-0.63
AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)

AAADividend History

AAF First Priority CLO Bond ETF granted a 2.08% dividend yield in the last twelve months. The annual payout for that period amounted to $0.51 per share.


PeriodTTM20212020
Dividend$0.51$0.26$0.08

Dividend yield

2.08%1.07%0.33%

AAADrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovember
-0.74%
-17.49%
AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)

AAAWorst Drawdowns

The table below shows the maximum drawdowns of the AAF First Priority CLO Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the AAF First Priority CLO Bond ETF is 2.64%, recorded on Jul 6, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-2.64%Dec 17, 2021137Jul 6, 2022
-0.66%Sep 10, 202041Nov 5, 202011Nov 20, 202052
-0.35%Jan 27, 202169May 5, 202162Aug 3, 2021131
-0.17%Nov 23, 202113Dec 10, 20212Dec 14, 202115
-0.12%Nov 12, 20211Nov 12, 20213Nov 17, 20214
-0.1%Nov 9, 20211Nov 9, 20212Nov 11, 20213
-0.1%Nov 18, 20212Nov 19, 20211Nov 22, 20213
-0.06%Sep 30, 20211Sep 30, 202118Oct 26, 202119
-0.04%Dec 15, 20211Dec 15, 20211Dec 16, 20212
-0.04%Dec 21, 20201Dec 21, 20201Dec 22, 20202

AAAVolatility Chart

Current AAF First Priority CLO Bond ETF volatility is 1.13%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovember
1.13%
13.39%
AAA (AAF First Priority CLO Bond ETF)
Benchmark (^GSPC)