Fidelity AAA CLO ETF (FAAA) Sharpe Ratio

Sharpe ratio is not yet available for FAAA. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Fidelity AAA CLO ETF's Sharpe Ratio with other ETFs in the CLO category across multiple time periods, showing how FAAA's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

Symbol	Name	1Y Sharpe Ratio
PAAA	PGIM AAA CLO ETF	10.86
CLOA	iShares AAA CLO Active ETF	7.57
ACLO	TCW AAA CLO ETF	7.28
JAAA	Janus Henderson AAA CLO ETF	6.04
PCLO	Virtus SEIX AAA Private Credit CLO ETF	5.72
CLOI	VanEck CLO ETF	4.78
CLOX	Panagram AAA CLO ETF	4.08
ICLO	Invesco Aaa CLO Floating Rate Note ETF	3.92
BCLO	iShares BBB-B CLO Active ETF	3.43
TRPA	Hartford AAA CLO ETF	2.39
FAAA	Fidelity AAA CLO ETF	—

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Historical Sharpe Ratio

The chart shows FAAA's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FAAA consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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