PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc (JAAE.DE) Alternatives

ETF · Currency in EUR · Last updated Jun 5, 2026

The ETF actively invests in USD collateralised loan obligations (CLOs) with an AAA rating and hedges currency exposure to the Euro.

Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc (JAAE.DE) 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 JAAE.DE. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to JAAE.DE

JAAE.DE charges 0.25% annually. No ETFs in the CLO category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.25%.

SymbolNameExpense RatioAUMInception
CLOA.DE
Invesco EUR AAA CLO UCITS ETF Acc0.25%—Feb 2025JAAE.DE vs CLOA.DE
UCLA.DE
Invesco USD AAA CLO UCITS ETF Acc0.25%—Feb 2025JAAE.DE vs UCLA.DE
JCLD.DE
Janus Henderson EUR AAA CLO Active Core UCITS ETF ...0.25%—Jul 2025JAAE.DE vs JCLD.DE
JCL0.DE
Janus Henderson EUR AAA CLO Active Core UCITS ETF ...0.25%—Dec 2024JAAE.DE vs JCL0.DE
CLOD.DE
Invesco EUR AAA CLO UCITS ETF Dist0.25%—Feb 2025JAAE.DE vs CLOD.DE

Best Risk-Adjusted Alternatives to JAAE.DE

JAAE.DE has a PortfoliosLab risk / return rank of 95. There are 4 ETFs in the CLO category with higher risk-adjusted ranks, going as high as 98.

SymbolNameRisk / Return RankAUMInception
LAAA.DE
Fair Oaks AAA CLO Fund UCITS ETF EUR Dist
98
—Sep 2024JAAE.DE vs LAAA.DE
EAAA.DE
Fair Oaks AAA CLO UCITS ETF EUR Acc
97
—Jun 2020JAAE.DE vs EAAA.DE
CLOD.DE
Invesco EUR AAA CLO UCITS ETF Dist
96
—Feb 2025JAAE.DE vs CLOD.DE
JCL0.DE
Janus Henderson EUR AAA CLO Active Core UCITS ETF ...
95
—Dec 2024JAAE.DE vs JCL0.DE
CLOA.DE
Invesco EUR AAA CLO UCITS ETF Acc
91
—Feb 2025JAAE.DE vs CLOA.DE

Top Performing JAAE.DE Alternatives (YTD)

JAAE.DE is at 1.22% YTD. There are 11 ETFs in the CLO category with higher YTD returns, going as high as 3.34%.

SymbolNameYTD ReturnAUMInception
UCLA.DE
Invesco USD AAA CLO UCITS ETF Acc
3.34%
—Feb 2025JAAE.DE vs UCLA.DE
UCLU.DE
Invesco USD AAA CLO UCITS ETF Dist
3.20%
—Oct 2025JAAE.DE vs UCLU.DE
CLOD.DE
Invesco EUR AAA CLO UCITS ETF Dist
1.46%
—Feb 2025JAAE.DE vs CLOD.DE
CHSJ.DE
UBS EUR AAA CLO UCITS ETF EUR Acc
1.46%
—Jul 2025JAAE.DE vs CHSJ.DE
EUCL.DE
iShares € AAA CLO Active UCITS ETF EUR Acc
1.42%
—Jul 2025JAAE.DE vs EUCL.DE

Lowest Volatility Alternatives to JAAE.DE

JAAE.DE has 0.86% 1-year volatility. There are 5 ETFs in the CLO category with lower 1-year volatility, going as low as 0.62%.

SymbolNameVolatility 1YAUMInception
LAAA.DE
Fair Oaks AAA CLO Fund UCITS ETF EUR Dist0.62%—Sep 2024JAAE.DE vs LAAA.DE
EAAA.DE
Fair Oaks AAA CLO UCITS ETF EUR Acc0.64%—Jun 2020JAAE.DE vs EAAA.DE
SPPC.DE
State Street Blackstone Euro AAA CLO UCITS ETF (Ac...0.72%—Sep 2025JAAE.DE vs SPPC.DE
JCLD.DE
Janus Henderson EUR AAA CLO Active Core UCITS ETF ...0.76%—Jul 2025JAAE.DE vs JCLD.DE
EUCL.DE
iShares € AAA CLO Active UCITS ETF EUR Acc0.83%—Jul 2025JAAE.DE vs EUCL.DE

Lowest Drawdown Alternatives to JAAE.DE

JAAE.DE has a 1-year max drawdown of -0.40%. There are 4 ETFs in the CLO category with shallower 1-year drawdowns, going as shallow as -0.29%.

SymbolNameMax Drawdown 1YAUMInception
LAAA.DE
Fair Oaks AAA CLO Fund UCITS ETF EUR Dist
-0.29%
—Sep 2024JAAE.DE vs LAAA.DE
CLOA.DE
Invesco EUR AAA CLO UCITS ETF Acc
-0.31%
—Feb 2025JAAE.DE vs CLOA.DE
CLOD.DE
Invesco EUR AAA CLO UCITS ETF Dist
-0.34%
—Feb 2025JAAE.DE vs CLOD.DE
EAAA.DE
Fair Oaks AAA CLO UCITS ETF EUR Acc
-0.39%
—Jun 2020JAAE.DE vs EAAA.DE
JCL0.DE
Janus Henderson EUR AAA CLO Active Core UCITS ETF ...
-0.45%
—Dec 2024JAAE.DE vs JCL0.DE

Compare JAAE.DE with Any Fund or Stock

Compare JAAE.DE with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair JAAE.DE with funds that move differently

Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JAAE.DE.

Explore JAAE.DE Diversifiers