Fidelity AAA CLO ETF (FAAA) Alternatives
Fidelity AAA CLO ETF (FAAA) 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 FAAA. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FAAA
FAAA charges 0.20% annually. Among ETFs in the CLO category, these options have the lowest expense ratios among FAAA alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| PGIM AAA CLO ETF | 0.19% | Jul 19, 2023 | FAAA vs PAAA | |
| Panagram AAA CLO ETF | 0.20% | Jul 18, 2023 | FAAA vs CLOX | |
| BlackRock AAA CLO ETF | 0.20% | Jan 10, 2023 | FAAA vs CLOA | |
| TCW AAA CLO ETF | 0.20% | Nov 15, 2024 | FAAA vs ACLO | |
| Janus Henderson AAA CLO ETF | 0.21% | Oct 16, 2020 | FAAA vs JAAA |
Best Risk-Adjusted Alternatives to FAAA
Among ETFs in the CLO category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Virtus SEIX AAA Private Credit CLO ETF | 99 | Dec 2, 2024 | FAAA vs PCLO | |
| TCW AAA CLO ETF | 98 | Nov 15, 2024 | FAAA vs ACLO | |
| PGIM AAA CLO ETF | 98 | Jul 19, 2023 | FAAA vs PAAA | |
| BlackRock AAA CLO ETF | 98 | Jan 10, 2023 | FAAA vs CLOA | |
| Janus Henderson AAA CLO ETF | 97 | Oct 16, 2020 | FAAA vs JAAA |
Top Performing FAAA Alternatives (YTD)
FAAA alternatives from the CLO category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Invesco Aaa CLO Floating Rate Note ETF | 1.06% | Dec 9, 2022 | FAAA vs ICLO | |
| TCW AAA CLO ETF | 1.06% | Nov 15, 2024 | FAAA vs ACLO | |
| Panagram AAA CLO ETF | 1.01% | Jul 18, 2023 | FAAA vs CLOX | |
| PGIM AAA CLO ETF | 0.99% | Jul 19, 2023 | FAAA vs PAAA | |
| BlackRock AAA CLO ETF | 0.94% | Jan 10, 2023 | FAAA vs CLOA |
Lowest Volatility Alternatives to FAAA
FAAA alternatives from the CLO category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| TCW AAA CLO ETF | 1.14% | Nov 15, 2024 | FAAA vs ACLO | |
| Virtus SEIX AAA Private Credit CLO ETF | 1.28% | Dec 2, 2024 | FAAA vs PCLO | |
| PGIM AAA CLO ETF | 1.34% | Jul 19, 2023 | FAAA vs PAAA | |
| Reckoner Leveraged AAA CLO ETF | 1.49% | Jul 9, 2025 | FAAA vs RAAA | |
| Fidelity CLO ETF | 1.62% | Feb 10, 2026 | FAAA vs FCLO |
Lowest Drawdown Alternatives to FAAA
FAAA alternatives from the CLO category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Virtus SEIX AAA Private Credit CLO ETF | -0.76% | Dec 2, 2024 | FAAA vs PCLO | |
| TCW AAA CLO ETF | -0.91% | Nov 15, 2024 | FAAA vs ACLO | |
| PGIM AAA CLO ETF | -1.04% | Jul 19, 2023 | FAAA vs PAAA | |
| BlackRock AAA CLO ETF | -1.10% | Jan 10, 2023 | FAAA vs CLOA | |
| Janus Henderson AAA CLO ETF | -1.46% | Oct 16, 2020 | FAAA vs JAAA |
Other ETFs from Fidelity
Most popular Fidelity ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 68 | -7.30% | Oct 21, 2013 | FAAA vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 60 | -1.78% | Sep 12, 2016 | FAAA vs FDVV | |
| Fidelity Wise Origin Bitcoin Trust | Cryptocurrency | 6 | -22.56% | Jan 11, 2024 | FAAA vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond, Actively Managed | 63 | 0.14% | Oct 6, 2014 | FAAA vs FBND | |
| Fidelity NASDAQ Composite Index Tracking Stock | Large Cap Growth Equities | 72 | -6.77% | Sep 25, 2003 | FAAA vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities, Actively Managed | 64 | -8.61% | Jun 3, 2020 | FAAA vs FBCG | |
| Fidelity Ethereum Fund | Cryptocurrency | 21 | -29.48% | Jul 22, 2024 | FAAA vs FETH | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Growth Equities | 64 | -4.71% | Apr 19, 2007 | FAAA vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 70 | 7.67% | Oct 21, 2013 | FAAA vs FUTY | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 53 | -10.02% | Nov 20, 2023 | FAAA vs FELG |
Often Compared With FAAA
What investors most often compare with FAAA, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| VanEck AA-BB CLO ETF | CLO | 52 | -0.42% | Sep 24, 2024 | FAAA vs CLOB | |
| iShares BBB-B CLO Active ETF | CLO | 66 | -0.18% | Jan 29, 2025 | FAAA vs BCLO | |
| Hartford AAA CLO ETF | CLO | — | — | May 30, 2018 | FAAA vs HSRT | |
| BondBloxx Private Credit CLO ETF | CLO | 34 | -0.92% | Dec 2, 2024 | FAAA vs PCMM | |
| VanEck CLO ETF | CLO | 80 | 0.61% | Jun 21, 2022 | FAAA vs CLOI | |
| Janus Henderson B-BBB CLO ETF | CLO | 49 | -0.81% | Jan 11, 2022 | FAAA vs JBBB | |
| AAF First Priority CLO Bond ETF | CLO | 88 | 0.88% | Sep 9, 2020 | FAAA vs AAA | |
| Nuveen AA-BBB CLO ETF | CLO | 78 | 0.37% | Dec 10, 2024 | FAAA vs NCLO | |
| Panagram Bbb-B Clo ETF | CLO | 47 | -1.92% | Jan 23, 2023 | FAAA vs CLOZ |
Compare FAAA with Any Fund or Stock
Compare FAAA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.