AAAC vs. CRXP

Last updated Jun 3, 2026

AAAC (Columbia AAA CLO ETF) and CRXP (Columbia Core Plus Bond ETF) are both exchange-traded funds - AAAC is a CLO fund actively managed by Columbia Threadneedle, while CRXP is a Intermediate Core-Plus Bond fund actively managed by Columbia Threadneedle. Both are actively managed. At a 0.27 correlation, their price movements are largely independent. AAAC charges 0.20%/yr vs 0.22%/yr for CRXP.

Performance

AAAC vs. CRXP - Performance Comparison

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

Returns By Period

In the year-to-date period, AAAC achieves a 2.06% return, which is significantly higher than CRXP's 0.84% return.

AAAC

• 1D: 0.00%
• 1M: 0.40%
• YTD: 2.06%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CRXP

• 1D: 0.00%
• 1M: 0.15%
• YTD: 0.84%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AAAC vs. CRXP - Yearly Performance Comparison

	2026 (YTD)	2025
AAAC Columbia AAA CLO ETF	2.06%	0.20%
CRXP Columbia Core Plus Bond ETF	0.84%	-0.08%

Correlation

The correlation between AAAC and CRXP is 0.27, 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 Dec 12, 2025	0.27

Return for Risk

AAAC vs. CRXP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia AAA CLO ETF (AAAC) and Columbia Core Plus Bond ETF (CRXP). 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	CRXP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.59	0.42	+5.17

Drawdowns

AAAC vs. CRXP - Drawdown Comparison

The maximum AAAC drawdown since its inception was -0.55%, smaller than the maximum CRXP drawdown of -2.80%. Use the drawdown chart below to compare losses from any high point for AAAC and CRXP.

Drawdown Indicators

	AAAC	CRXP	Difference
Max Drawdown Largest peak-to-trough decline	-0.55%	-2.80%	+2.25%
Current Drawdown Current decline from peak	0.00%	-1.31%	+1.31%
Average Drawdown Average peak-to-trough decline	-0.04%	-0.91%	+0.87%

Volatility

Volatility by Period

	AAAC	CRXP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.89%	3.96%	-3.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.89%	3.96%	-3.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.89%	3.96%	-3.07%

AAAC vs. CRXP - Expense Ratio Comparison

AAAC has a 0.20% expense ratio, which is lower than CRXP's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AAAC vs. CRXP - Dividend Comparison

AAAC's dividend yield for the trailing twelve months is around 2.27%, more than CRXP's 2.08% yield.

Position	TTM	2025
AAAC Columbia AAA CLO ETF	2.27%	0.03%
CRXP Columbia Core Plus Bond ETF	2.08%	0.17%

Frequently Asked Questions

Can I hold both AAAC and CRXP in my portfolio?

AAAC and CRXP have a correlation of 0.27, 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 CRXP?

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 CRXP?

AAAC is cheaper with a 0.20% expense ratio, compared with 0.22% for CRXP.

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

AAAC has the higher dividend yield at 2.27%, compared with 2.08% for CRXP.

What is the main difference between AAAC and CRXP?

AAAC is categorized as CLO, while CRXP is Intermediate Core-Plus Bond. Their fees differ too: 0.20% for AAAC and 0.22% for CRXP.