REGS vs. AAAC

Last updated Jul 4, 2026

REGS (Columbia Large Cap Growth ETF) and AAAC (Columbia AAA CLO ETF) are both exchange-traded funds - REGS is a Large Cap Growth Equities fund actively managed by Columbia Threadneedle, while AAAC is a CLO fund actively managed by Columbia Threadneedle. Both are actively managed. At a 0.19 correlation, their price movements are largely independent. REGS charges 0.35%/yr vs 0.20%/yr for AAAC.

Performance

REGS vs. AAAC - Performance Comparison

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

Returns By Period

REGS

• 1D: -1.06%
• 1M: -4.44%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AAAC

• 1D: 0.02%
• 1M: 0.38%
• 6M: 2.40%
• YTD: 2.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

REGS vs. AAAC - Yearly Performance Comparison

	2026 (YTD)
REGS Columbia Large Cap Growth ETF	9.85%
AAAC Columbia AAA CLO ETF	1.71%

Correlation

The correlation between REGS and AAAC 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 Mar 16, 2026	0.19

Return for Risk

REGS vs. AAAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Large Cap Growth ETF (REGS) 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

REGS vs. AAAC - Drawdown Comparison

The maximum REGS drawdown since its inception was -7.59%, which is greater than AAAC's maximum drawdown of -0.55%. Use the drawdown chart below to compare losses from any high point for REGS and AAAC.

Drawdown Indicators

	REGS	AAAC	Difference
Max Drawdown Largest peak-to-trough decline	-7.59%	-0.55%	-7.04%
Current Drawdown Current decline from peak	-5.84%	-0.02%	-5.82%
Average Drawdown Average peak-to-trough decline	-2.22%	-0.04%	-2.18%

Volatility

Volatility by Period

	REGS	AAAC	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.25%	0.86%	+19.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.25%	0.86%	+19.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.25%	0.86%	+19.39%

REGS vs. AAAC - Expense Ratio Comparison

REGS has a 0.35% expense ratio, which is higher than AAAC's 0.20% expense ratio.

Dividends

REGS vs. AAAC - Dividend Comparison

REGS has not paid dividends to shareholders, while AAAC's dividend yield for the trailing twelve months is around 2.66%.

Position	TTM	2025
AAAC Columbia AAA CLO ETF	2.66%	0.03%
REGS Columbia Large Cap Growth ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both REGS and AAAC in my portfolio?

REGS and AAAC 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, REGS 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, REGS or AAAC?

AAAC is cheaper with a 0.20% expense ratio, compared with 0.35% for REGS.

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

AAAC has the higher dividend yield at 2.66%, compared with 0.00% for REGS.

What is the main difference between REGS and AAAC?

REGS is categorized as Large Cap Growth Equities, while AAAC is CLO. Their fees differ too: 0.35% for REGS and 0.20% for AAAC.