AAAC vs. VOOG

Last updated Jul 17, 2026

AAAC (Columbia AAA CLO ETF) and VOOG (Vanguard S&P 500 Growth ETF) are both exchange-traded funds - AAAC is a CLO fund actively managed by Columbia Threadneedle, while VOOG is a S&P 500 fund tracking the S&P 500 Growth Index. AAAC is actively managed, while VOOG is passively managed. At a 0.19 correlation, their price movements are largely independent. AAAC charges 0.20%/yr vs 0.07%/yr for VOOG.

Performance

AAAC vs. VOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia AAA CLO ETF (AAAC) and Vanguard S&P 500 Growth ETF (VOOG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAAC achieves a 2.69% return, which is significantly lower than VOOG's 10.82% return.

AAAC

• 1D: 0.00%
• 1M: 0.46%
• 6M: 2.48%
• YTD: 2.69%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOOG

• 1D: -1.70%
• 1M: -0.62%
• 6M: 10.35%
• YTD: 10.82%
• 1Y: 22.79%
• 3Y*: 24.70%
• 5Y*: 13.79%
• 10Y*: 17.48%

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

AAAC vs. VOOG - Yearly Performance Comparison

	2026 (YTD)	2025
AAAC Columbia AAA CLO ETF	2.69%	0.15%
VOOG Vanguard S&P 500 Growth ETF	10.82%	-0.92%

Correlation

The correlation between AAAC and VOOG is 0.19, 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 11, 2025	0.19

Return for Risk

AAAC vs. VOOG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAAC

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

VOOG

VOOG Risk / Return Rank: 44
VOOG Sharpe Ratio Rank: 46
VOOG Sortino Ratio Rank: 44
VOOG Omega Ratio Rank: 43
VOOG Calmar Ratio Rank: 39
VOOG Martin Ratio Rank: 48

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAAC vs. VOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia AAA CLO ETF (AAAC) and Vanguard S&P 500 Growth ETF (VOOG). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AAAC	VOOG	Difference
Sharpe ratio: Return per unit of total volatility	—	1.32	—
Sortino ratio: Return per unit of downside risk	—	1.85	—
Omega ratio: Gain probability vs. loss probability	—	1.23	—
Calmar ratio: Return relative to maximum drawdown	—	1.67	—
Martin ratio: Return relative to average drawdown	—	6.38	—

Drawdowns

AAAC vs. VOOG - Drawdown Comparison

The maximum AAAC drawdown since its inception was -0.55%, smaller than the maximum VOOG drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for AAAC and VOOG.

Drawdown Indicators

	AAAC	VOOG	Difference
Max Drawdown Largest peak-to-trough decline	-0.55%	-32.73%	+32.18%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.71%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.73%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.73%	—
Current Drawdown Current decline from peak	0.00%	-3.65%	+3.65%
Average Drawdown Average peak-to-trough decline	-0.04%	-4.96%	+4.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.58%	—

Volatility

Volatility by Period

	AAAC	VOOG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.85%	17.35%	-16.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.85%	21.45%	-20.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.85%	20.82%	-19.97%

AAAC vs. VOOG - Expense Ratio Comparison

AAAC has a 0.20% expense ratio, which is higher than VOOG's 0.07% expense ratio. However, 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. VOOG - Dividend Comparison

AAAC's dividend yield for the trailing twelve months is around 2.65%, more than VOOG's 0.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAAC Columbia AAA CLO ETF	2.65%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOOG Vanguard S&P 500 Growth ETF	0.46%	0.49%	0.49%	1.12%	0.93%	0.53%	0.88%	1.26%	1.34%	1.32%	1.47%	1.56%

Frequently Asked Questions

Can I hold both AAAC and VOOG in my portfolio?

AAAC and VOOG have a correlation of 0.19, 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 VOOG?

On fees, VOOG is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AAAC or VOOG?

VOOG is cheaper with a 0.07% expense ratio, compared with 0.20% for AAAC.

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

AAAC has the higher dividend yield at 2.65%, compared with 0.46% for VOOG.

What is the main difference between AAAC and VOOG?

AAAC is categorized as CLO, while VOOG is S&P 500. They also come from different issuers: Columbia Threadneedle and Vanguard. Their fees differ too: 0.20% for AAAC and 0.07% for VOOG.