CRUX vs. AAAC

Last updated Jun 23, 2026

CRUX (Columbia Core Bond ETF) and AAAC (Columbia AAA CLO ETF) are both exchange-traded funds - CRUX is a Intermediate Core Bond fund actively managed by Columbia Threadneedle, while AAAC is a CLO fund actively managed by Columbia Threadneedle. Both are actively managed. At a 0.22 correlation, their price movements are largely independent. CRUX charges 0.32%/yr vs 0.20%/yr for AAAC.

Performance

CRUX vs. AAAC - Performance Comparison

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

Returns By Period

CRUX

• 1D: -0.23%
• 1M: 0.62%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAAC

• 1D: 0.00%
• 1M: 0.30%
• YTD: 2.34%
• 6M: 2.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRUX vs. AAAC - Yearly Performance Comparison

	2026 (YTD)
CRUX Columbia Core Bond ETF	0.12%
AAAC Columbia AAA CLO ETF	1.60%

Correlation

The correlation between CRUX and AAAC is 0.22, 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 16, 2026	0.22

Return for Risk

CRUX vs. AAAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Core Bond ETF (CRUX) 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.

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.

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

Drawdowns

CRUX vs. AAAC - Drawdown Comparison

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

Drawdown Indicators

	CRUX	AAAC	Difference
Max Drawdown Largest peak-to-trough decline	-1.85%	-0.55%	-1.30%
Current Drawdown Current decline from peak	-0.58%	0.00%	-0.58%
Average Drawdown Average peak-to-trough decline	-0.60%	-0.04%	-0.56%

Volatility

Volatility by Period

	CRUX	AAAC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.12%	0.87%	+3.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.12%	0.87%	+3.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.12%	0.87%	+3.25%

CRUX vs. AAAC - Expense Ratio Comparison

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

Dividends

CRUX vs. AAAC - Dividend Comparison

CRUX's dividend yield for the trailing twelve months is around 1.06%, less than AAAC's 2.27% 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 CRUX and AAAC in my portfolio?

CRUX and AAAC have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRUX or AAAC?

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, CRUX or AAAC?

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

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

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

What is the main difference between CRUX and AAAC?

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