First Trust Commercial Mortgage Opportunities ETF (CAAA) belongs to the Intermediate Core-Plus Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CAAA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CAAA
CAAA charges 0.55% annually. There are 44 ETFs in the Intermediate Core-Plus Bond category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Core-Plus Bond Index ETF | 0.05% | 117.00M | Dec 2025 | CAAA vs BNDP | |
| iShares Core Universal USD Bond ETF | 0.06% | 42.71B | Jun 2014 | CAAA vs IUSB | |
| iShares Core 5-10 Year USD Bond ETF | 0.06% | 276.82M | Nov 2016 | CAAA vs IMTB | |
| iShares ESG Advanced Total USD Bond Market ETF | 0.12% | 714.90M | Jun 2020 | CAAA vs EUSB | |
| iShares Yield Optimized Bond ETF | 0.17% | 450.15M | Apr 2014 | CAAA vs BYLD |
Best Risk-Adjusted Alternatives to CAAA
CAAA has a PortfoliosLab risk / return rank of 54. There are 5 ETFs in the Intermediate Core-Plus Bond category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | 91 | 46.19M | Sep 2023 | CAAA vs ZHOG | |
| Infrastructure Capital Bond Income ETF | 89 | 17.73M | Jan 2025 | CAAA vs BNDS | |
| Angel Oak Mortgage-Backed Securities ETF | 74 | 154.00M | Jun 2021 | CAAA vs MBS | |
| SanJac Alpha Core Plus Bond ETF | 64 | 2.28M | Sep 2024 | CAAA vs SJCP | |
| Cambria Fixed Income Trend ETF | 59 | — | Mar 2025 | CAAA vs CFIT |
Top Performing CAAA Alternatives (YTD)
CAAA is at 0.89% YTD. There are 7 ETFs in the Intermediate Core-Plus Bond category with higher YTD returns, going as high as 4.73%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Infrastructure Capital Bond Income ETF | 4.73% | 17.73M | Jan 2025 | CAAA vs BNDS | |
| Cambria Fixed Income Trend ETF | 4.23% | — | Mar 2025 | CAAA vs CFIT | |
| F/m Opportunistic Income ETF | 1.00% | 46.19M | Sep 2023 | CAAA vs ZHOG | |
| Neos Enhanced Income Aggregate Bond ETF | 0.97% | 186.26M | Aug 2022 | CAAA vs BNDI | |
| iShares Yield Optimized Bond ETF | 0.96% | 450.15M | Apr 2014 | CAAA vs BYLD |
Lowest Volatility Alternatives to CAAA
CAAA has 3.09% 1-year volatility. There are 3 ETFs in the Intermediate Core-Plus Bond category with lower 1-year volatility, going as low as 1.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | 1.58% | 46.19M | Sep 2023 | CAAA vs ZHOG | |
| SanJac Alpha Core Plus Bond ETF | 2.53% | 2.28M | Sep 2024 | CAAA vs SJCP | |
| Angel Oak Mortgage-Backed Securities ETF | 2.76% | 154.00M | Jun 2021 | CAAA vs MBS | |
| DoubleLine Opportunistic Bond ETF | 3.23% | 733.52M | Mar 2022 | CAAA vs DBND | |
| Kingsbarn Tactical Bond ETF | 3.36% | 1.18M | Dec 2021 | CAAA vs KDRN |
Lowest Drawdown Alternatives to CAAA
CAAA has a 1-year max drawdown of -2.08%. There are 3 ETFs in the Intermediate Core-Plus Bond category with shallower 1-year drawdowns, going as shallow as -1.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| F/m Opportunistic Income ETF | -1.31% | 46.19M | Sep 2023 | CAAA vs ZHOG | |
| Kingsbarn Tactical Bond ETF | -1.77% | 1.18M | Dec 2021 | CAAA vs KDRN | |
| SanJac Alpha Core Plus Bond ETF | -2.01% | 2.28M | Sep 2024 | CAAA vs SJCP | |
| Angel Oak Mortgage-Backed Securities ETF | -2.20% | 154.00M | Jun 2021 | CAAA vs MBS | |
| AB Core Plus Bond ETF | -2.47% | 214.14M | Dec 2023 | CAAA vs CPLS |
Other ETFs from First Trust
The 10 most viewed First Trust ETFs shown here include CIBR, GRID, AIRR and span 14 categories. AUM among these funds goes as high as $14B.
Often Compared With CAAA
Investors most often compare CAAA with LDSF, PMIF.TO, JPIE. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare CAAA with Any Fund or Stock
Compare CAAA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CAAA with funds that move differently
First Trust Commercial Mortgage Opportunities ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CAAA.
Explore CAAA Diversifiers