CCRP vs. AAAC

Last updated Jun 4, 2026

CCRP (Columbia Corporate Bond ETF) and AAAC (Columbia AAA CLO ETF) are both exchange-traded funds - CCRP is a Corporate Bonds fund actively managed by Columbia Threadneedle, while AAAC is a CLO fund actively managed by Columbia Threadneedle. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. CCRP charges 0.18%/yr vs 0.20%/yr for AAAC.

Performance

CCRP vs. AAAC - Performance Comparison

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

Returns By Period

In the year-to-date period, CCRP achieves a 0.48% return, which is significantly lower than AAAC's 2.06% return.

CCRP

• 1D: -0.24%
• 1M: 0.67%
• YTD: 0.48%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAAC

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

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

CCRP vs. AAAC - Yearly Performance Comparison

	2026 (YTD)	2025
CCRP Columbia Corporate Bond ETF	0.48%	-0.12%
AAAC Columbia AAA CLO ETF	2.06%	0.20%

Correlation

The correlation between CCRP and AAAC is 0.21, 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	0.21

Return for Risk

CCRP vs. AAAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Corporate Bond ETF (CCRP) and Columbia AAA CLO ETF (AAAC). 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

	CCRP	AAAC	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	5.56	-5.40

Drawdowns

CCRP vs. AAAC - Drawdown Comparison

The maximum CCRP drawdown since its inception was -2.72%, which is greater than AAAC's maximum drawdown of -0.55%. Use the drawdown chart below to compare losses from any high point for CCRP and AAAC.

Drawdown Indicators

	CCRP	AAAC	Difference
Max Drawdown Largest peak-to-trough decline	-2.72%	-0.55%	-2.17%
Current Drawdown Current decline from peak	-1.07%	0.00%	-1.07%
Average Drawdown Average peak-to-trough decline	-0.83%	-0.04%	-0.79%

Volatility

Volatility by Period

	CCRP	AAAC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.78%	0.89%	+3.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.78%	0.89%	+3.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.78%	0.89%	+3.89%

CCRP vs. AAAC - Expense Ratio Comparison

CCRP has a 0.18% expense ratio, which is lower than AAAC's 0.20% 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

CCRP vs. AAAC - Dividend Comparison

CCRP's dividend yield for the trailing twelve months is around 2.03%, less than AAAC's 2.27% yield.

Position	TTM	2025
AAAC Columbia AAA CLO ETF	2.27%	0.03%
CCRP Columbia Corporate Bond ETF	2.03%	0.25%

Frequently Asked Questions

Can I hold both CCRP and AAAC in my portfolio?

CCRP and AAAC have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CCRP or AAAC?

On fees, CCRP is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CCRP or AAAC?

CCRP is cheaper with a 0.18% expense ratio, compared with 0.20% for AAAC.

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

AAAC has the higher dividend yield at 2.27%, compared with 2.03% for CCRP.

What is the main difference between CCRP and AAAC?

CCRP is categorized as Corporate Bonds, while AAAC is CLO. Their fees differ too: 0.18% for CCRP and 0.20% for AAAC.