Janus Henderson AAA CLO ETF (JAAA) 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 JAAA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JAAA
JAAA charges 0.20% annually. There are 2 ETFs in the CLO category with lower expense ratios, going as low as 0.19%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO Aggregate Duration ETF | 0.19% | 26.23M | Jun 2026 | JAAA vs AAAD | |
| PGIM AAA CLO ETF | 0.19% | 10.35B | Jul 2023 | JAAA vs PAAA | |
| Fidelity AAA CLO ETF | 0.20% | 60.08M | Feb 2026 | JAAA vs FAAA | |
| Panagram AAA CLO ETF | 0.20% | 308.54M | Jul 2023 | JAAA vs CLOX | |
| iShares AAA CLO Active ETF | 0.20% | 2.15B | Jan 2023 | JAAA vs CLOA |
Best Risk-Adjusted Alternatives to JAAA
JAAA has a PortfoliosLab risk / return rank of 99. There are 4 ETFs in the CLO category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | 99 | 10.35B | Jul 2023 | JAAA vs PAAA | |
| iShares AAA CLO Active ETF | 99 | 2.15B | Jan 2023 | JAAA vs CLOA | |
| TCW AAA CLO ETF | 99 | 480.83M | Nov 2024 | JAAA vs ACLO | |
| Virtus SEIX AAA Private Credit CLO ETF | 99 | — | Dec 2024 | JAAA vs PCLO | |
| Invesco Aaa CLO Floating Rate Note ETF | 98 | 508.14M | Dec 2022 | JAAA vs ICLO |
Top Performing JAAA Alternatives (YTD)
JAAA is at 2.27% YTD. There are 17 ETFs in the CLO category with higher YTD returns, going as high as 3.05%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares BBB-B CLO Active ETF | 3.05% | 83.86M | Jan 2025 | JAAA vs BCLO | |
| Panagram BBB-B CLO ETF | 3.00% | 825.65M | Jan 2023 | JAAA vs CLOZ | |
| Reckoner Leveraged AAA CLO ETF | 2.88% | 27.61M | Jul 2025 | JAAA vs RAAA | |
| AAM Crescent CLO ETF | 2.84% | 51.28M | Oct 2025 | JAAA vs CLOC | |
| TCW AAA CLO ETF | 2.69% | 480.83M | Nov 2024 | JAAA vs ACLO |
Lowest Volatility Alternatives to JAAA
JAAA has 0.81% 1-year volatility. There are 5 ETFs in the CLO category with lower 1-year volatility, going as low as 0.45%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin BSP CLO ETF | 0.45% | 50.32M | — | JAAA vs YCLO | |
| PGIM AAA CLO ETF | 0.47% | 10.35B | Jul 2023 | JAAA vs PAAA | |
| NYLI Investment Grade CLO ETF | 0.48% | 46.50M | May 2026 | JAAA vs CLOO | |
| iShares AAA CLO Active ETF | 0.67% | 2.15B | Jan 2023 | JAAA vs CLOA | |
| TCW AAA CLO ETF | 0.73% | 480.83M | Nov 2024 | JAAA vs ACLO |
Lowest Drawdown Alternatives to JAAA
JAAA has a 1-year max drawdown of -0.39%. There are 5 ETFs in the CLO category with shallower 1-year drawdowns, going as shallow as -0.17%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM AAA CLO ETF | -0.17% | 10.35B | Jul 2023 | JAAA vs PAAA | |
| iShares AAA CLO Active ETF | -0.18% | 2.15B | Jan 2023 | JAAA vs CLOA | |
| Virtus SEIX AAA Private Credit CLO ETF | -0.26% | — | Dec 2024 | JAAA vs PCLO | |
| TCW AAA CLO ETF | -0.27% | 480.83M | Nov 2024 | JAAA vs ACLO | |
| Invesco Aaa CLO Floating Rate Note ETF | -0.35% | 508.14M | Dec 2022 | JAAA vs ICLO |
Other ETFs from Janus Henderson
The 10 most viewed Janus Henderson ETFs shown here include JBBB, VNLA, JSI and span 9 categories. AUM among these funds goes as high as $7B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Janus Henderson B-BBB CLO ETF | CLO | 58 | 2.48% | 1.37B | Jan 2022 | JAAA vs JBBB | |
| Janus Henderson Short Duration Income ETF | Ultrashort Bond | 99 | 1.87% | 3.33B | Nov 2016 | JAAA vs VNLA | |
| Janus Henderson Securitized Income ETF | Short-Term Bond | 57 | 1.20% | 1.51B | Nov 2023 | JAAA vs JSI | |
| Janus Henderson Mortgage-Backed Securities ETF | Mortgage Backed Securities | 48 | 0.54% | 6.76B | Sep 2018 | JAAA vs JMBS | |
| Janus Henderson Small/Mid Cap Growth Alpha ETF | Mid Cap Growth Equities | 38 | 18.95% | 1.08B | Feb 2016 | JAAA vs JSMD | |
| Janus Henderson Small Cap Growth Alpha ETF | Small Cap Growth Equities | 54 | 22.76% | 369.52M | Feb 2016 | JAAA vs JSML | |
| Janus Henderson U.S. Real Estate ETF | 63 | 19.11% | 4.14M | Jun 2021 | JAAA vs JRE | ||
| Janus Henderson Transformational Growth ETF | Large Cap Growth Equities | 31 | 12.05% | — | Feb 2025 | JAAA vs JXX | |
| Janus Henderson Corporate Bond ETF | Corporate Bonds | 40 | -0.16% | 30.29M | Sep 2021 | JAAA vs SCRD | |
| Janus Henderson Income ETF | Multisector Bonds | 66 | 1.70% | 186.12M | Nov 2024 | JAAA vs JIII |
Often Compared With JAAA
Investors most often compare JAAA with AAA, SGOV, BINC. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare JAAA with Any Fund or Stock
Compare JAAA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JAAA with funds that move differently
Janus Henderson AAA CLO ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JAAA.
Explore JAAA Diversifiers