PGIM AAA CLO Aggregate Duration ETF (AAAD) belongs to the CLO category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AAAD. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AAAD
AAAD charges 0.19% annually. No ETFs in the CLO category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | 0.19% | 11.02B | Jul 2023 | AAAD vs PAAA | |
| Panagram AAA CLO ETF | 0.20% | 323.28M | Jul 2023 | AAAD vs CLOX | |
| Fidelity AAA CLO ETF | 0.20% | 60.08M | Feb 2026 | AAAD vs FAAA | |
| Janus Henderson AAA CLO ETF | 0.20% | 29.16B | Oct 2020 | AAAD vs JAAA | |
| TCW AAA CLO ETF | 0.20% | 515.18M | Nov 2024 | AAAD vs ACLO |
Best Risk-Adjusted Alternatives to AAAD
Among 18 ETFs in the CLO category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | 99 | 11.02B | Jul 2023 | AAAD vs PAAA | |
| iShares AAA CLO Active ETF | 99 | 2.18B | Jan 2023 | AAAD vs CLOA | |
| TCW AAA CLO ETF | 99 | 515.18M | Nov 2024 | AAAD vs ACLO | |
| Virtus SEIX AAA Private Credit CLO ETF | 99 | — | Dec 2024 | AAAD vs PCLO | |
| Janus Henderson AAA CLO ETF | 99 | 29.16B | Oct 2020 | AAAD vs JAAA |
Top Performing AAAD Alternatives (YTD)
Among 21 ETFs in the CLO category with YTD return data, the top-performing alternatives shown here go as high as 3.21%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Panagram BBB-B CLO ETF | 3.21% | 825.65M | Jan 2023 | AAAD vs CLOZ | |
| iShares BBB-B CLO Active ETF | 3.10% | 84.04M | Jan 2025 | AAAD vs BCLO | |
| Reckoner Leveraged AAA CLO ETF | 3.07% | 27.61M | Jul 2025 | AAAD vs RAAA | |
| AAM Crescent CLO ETF | 3.00% | 51.28M | Oct 2025 | AAAD vs CLOC | |
| TCW AAA CLO ETF | 2.84% | 515.18M | Nov 2024 | AAAD vs ACLO |
Lowest Volatility Alternatives to AAAD
AAAD has 3.56% 1-year volatility. There are 28 ETFs in the CLO category with lower 1-year volatility, going as low as 0.44%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin BSP CLO ETF | 0.44% | 50.33M | Jun 2026 | AAAD vs YCLO | |
| NYLI Investment Grade CLO ETF | 0.45% | 41.41M | May 2026 | AAAD vs CLOO | |
| PGIM AAA CLO ETF | 0.47% | 11.02B | Jul 2023 | AAAD vs PAAA | |
| iShares AAA CLO Active ETF | 0.68% | 2.18B | Jan 2023 | AAAD vs CLOA | |
| TCW AAA CLO ETF | 0.71% | 515.18M | Nov 2024 | AAAD vs ACLO |
Lowest Drawdown Alternatives to AAAD
Among 18 ETFs in the CLO category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | -0.17% | 11.02B | Jul 2023 | AAAD vs PAAA | |
| iShares AAA CLO Active ETF | -0.18% | 2.18B | Jan 2023 | AAAD vs CLOA | |
| Virtus SEIX AAA Private Credit CLO ETF | -0.26% | — | Dec 2024 | AAAD vs PCLO | |
| TCW AAA CLO ETF | -0.27% | 515.18M | Nov 2024 | AAAD vs ACLO | |
| Invesco Aaa CLO Floating Rate Note ETF | -0.35% | 519.68M | Dec 2022 | AAAD vs ICLO |
Other ETFs from PGIM
The 10 most viewed PGIM ETFs shown here include PULS, PFRL, PSDM and span 9 categories. AUM among these funds goes as high as $18B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 2.26% | 17.78B | Apr 2018 | AAAD vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 93 | 2.81% | 121.67M | May 2022 | AAAD vs PFRL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 91 | 1.30% | — | Jul 2023 | AAAD vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 85 | 6.43% | 221.48M | Jun 2024 | AAAD vs BUFP | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 93 | 1.50% | 105.66M | Jun 2024 | AAAD vs PUSH | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 91 | 4.93% | 197.16M | Jun 2024 | AAAD vs PBFR | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 80 | 2.19% | 171.13M | Dec 2023 | AAAD vs PSH | |
| PGIM S&P 500 Max Buffer ETF - April | Defined Outcome | 99 | 3.54% | — | Mar 2025 | AAAD vs PMAP | |
| PGIM Jennison Focused Value ETF | Large Cap Value Equities | 93 | 20.22% | 117.96M | Dec 2022 | AAAD vs PJFV | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 35 | -0.17% | 1.10B | Dec 2021 | AAAD vs PTRB |
Often Compared With AAAD
Investors most often compare AAAD with JA, PSQA, JBBB. These 13 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Janus Henderson AA-A CLO ETF | CLO | — | — | 145.49M | Feb 2026 | AAAD vs JA | |
| Palmer Square CLO Senior Debt ETF | CLO | 94 | 2.74% | 54.56M | Sep 2024 | AAAD vs PSQA | |
| Janus Henderson B-BBB CLO ETF | CLO | 56 | 2.42% | 1.40B | Jan 2022 | AAAD vs JBBB | |
| VanEck CLO ETF | CLO | 98 | 2.72% | 1.49B | Jun 2022 | AAAD vs CLOI | |
| VanEck AA-BB CLO ETF | CLO | 85 | 2.30% | 176.31M | Sep 2024 | AAAD vs CLOB | |
| Alternative Access First Priority CLO Bond ETF | CLO | 92 | 2.25% | 45.04M | Sep 2020 | AAAD vs AAA | |
| Columbia AAA CLO ETF | CLO | — | 2.76% | 104.03M | Dec 2025 | AAAD vs AAAC | |
| Nuveen AA-BBB CLO ETF | CLO | 68 | 2.67% | — | Dec 2024 | AAAD vs NCLO | |
| BondBloxx Private Credit CLO ETF | CLO | 62 | 2.49% | — | Dec 2024 | AAAD vs PCMM | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 17 | 0.61% | 133.85M | Dec 2022 | AAAD vs PJFG | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | Defined Outcome, Nasdaq-100 | 97 | 10.46% | 25.96M | Dec 2024 | AAAD vs PQAP | |
| Fidelity CLO ETF | CLO | — | — | 27.51M | Feb 2026 | AAAD vs FCLO | |
| Hartford AAA CLO ETF | CLO | 95 | 2.61% | 111.11M | May 2018 | AAAD vs TRPA |
Compare AAAD with Any Fund or Stock
Compare AAAD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AAAD with funds that move differently
PGIM AAA CLO Aggregate Duration ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AAAD.
Explore AAAD Diversifiers