AAAC vs. CRUX

Last updated Jun 4, 2026

AAAC (Columbia AAA CLO ETF) and CRUX (Columbia Core Bond ETF) are both exchange-traded funds - AAAC is a CLO fund actively managed by Columbia Threadneedle, while CRUX is a Intermediate Core Bond fund actively managed by Columbia Threadneedle. Both are actively managed. At a 0.30 correlation, their price movements are largely independent. AAAC charges 0.20%/yr vs 0.32%/yr for CRUX.

Performance

AAAC vs. CRUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia AAA CLO ETF (AAAC) and Columbia Core Bond ETF (CRUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AAAC

• 1D: 0.00%
• 1M: 0.35%
• YTD: 2.06%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRUX

• 1D: -0.13%
• 1M: 0.18%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAAC vs. CRUX - Yearly Performance Comparison

	2026 (YTD)
AAAC Columbia AAA CLO ETF	1.27%
CRUX Columbia Core Bond ETF	-0.11%

Correlation

The correlation between AAAC and CRUX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 17, 2026	0.30

Return for Risk

AAAC vs. CRUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia AAA CLO ETF (AAAC) and Columbia Core Bond ETF (CRUX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AAAC	CRUX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.56	-0.12	+5.68

Drawdowns

AAAC vs. CRUX - Drawdown Comparison

The maximum AAAC drawdown since its inception was -0.55%, smaller than the maximum CRUX drawdown of -1.85%. Use the drawdown chart below to compare losses from any high point for AAAC and CRUX.

Drawdown Indicators

	AAAC	CRUX	Difference
Max Drawdown Largest peak-to-trough decline	-0.55%	-1.85%	+1.30%
Current Drawdown Current decline from peak	0.00%	-0.71%	+0.71%
Average Drawdown Average peak-to-trough decline	-0.04%	-0.61%	+0.57%

Volatility

Volatility by Period

	AAAC	CRUX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.89%	4.32%	-3.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.89%	4.32%	-3.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.89%	4.32%	-3.43%

AAAC vs. CRUX - Expense Ratio Comparison

AAAC has a 0.20% expense ratio, which is lower than CRUX's 0.32% expense ratio.

Dividends

AAAC vs. CRUX - Dividend Comparison

AAAC's dividend yield for the trailing twelve months is around 2.27%, more than CRUX's 1.06% yield.

Position	TTM	2025
AAAC Columbia AAA CLO ETF	2.27%	0.03%
CRUX Columbia Core Bond ETF	1.06%	0.00%

Frequently Asked Questions

Can I hold both AAAC and CRUX in my portfolio?

AAAC and CRUX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AAAC or CRUX?

On fees, AAAC is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAAC or CRUX?

AAAC is cheaper with a 0.20% expense ratio, compared with 0.32% for CRUX.

Which ETF pays a higher dividend yield, AAAC or CRUX?

AAAC has the higher dividend yield at 2.27%, compared with 1.06% for CRUX.

What is the main difference between AAAC and CRUX?

AAAC is categorized as CLO, while CRUX is Intermediate Core Bond. Their fees differ too: 0.20% for AAAC and 0.32% for CRUX.