CRXP vs. AAAC

Last updated Jun 23, 2026

CRXP (Columbia Core Plus Bond ETF) and AAAC (Columbia AAA CLO ETF) are both exchange-traded funds - CRXP is a Intermediate Core-Plus Bond fund actively managed by Columbia Threadneedle, while AAAC is a CLO fund actively managed by Columbia Threadneedle. Both are actively managed. At a 0.26 correlation, their price movements are largely independent. CRXP charges 0.22%/yr vs 0.20%/yr for AAAC.

Performance

CRXP vs. AAAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Core Plus Bond ETF (CRXP) 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, CRXP achieves a 0.91% return, which is significantly lower than AAAC's 2.34% return.

CRXP

• 1D: -0.18%
• 1M: 0.73%
• YTD: 0.91%
• 6M: 1.01%
• 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)

CRXP vs. AAAC - Yearly Performance Comparison

	2026 (YTD)	2025
CRXP Columbia Core Plus Bond ETF	0.91%	-0.22%
AAAC Columbia AAA CLO ETF	2.34%	0.15%

Correlation

The correlation between CRXP and AAAC is 0.26, 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	0.26

Return for Risk

CRXP vs. AAAC - Risk-Adjusted Trends Comparison

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

CRXP vs. AAAC - Drawdown Comparison

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

Drawdown Indicators

	CRXP	AAAC	Difference
Max Drawdown Largest peak-to-trough decline	-2.80%	-0.55%	-2.25%
Current Drawdown Current decline from peak	-1.23%	0.00%	-1.23%
Average Drawdown Average peak-to-trough decline	-0.95%	-0.04%	-0.91%

Volatility

Volatility by Period

	CRXP	AAAC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.84%	0.87%	+2.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.84%	0.87%	+2.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.84%	0.87%	+2.97%

CRXP vs. AAAC - Expense Ratio Comparison

CRXP has a 0.22% expense ratio, which is higher than AAAC's 0.20% 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

CRXP vs. AAAC - Dividend Comparison

CRXP's dividend yield for the trailing twelve months is around 2.08%, less than AAAC's 2.27% 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 CRXP and AAAC in my portfolio?

CRXP and AAAC have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRXP 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, CRXP or AAAC?

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

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

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

What is the main difference between CRXP and AAAC?

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