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ETF comparison

JAAA vs PULS

Both US Aggregate Bond.

Janus Henderson AAA CLO ETF · PGIM Ultra Short Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.3 %

3 positions appear in both funds. Buying equal dollars of JAAA and PULS would leave roughly 0.3% of each dollar exposed to the same underlying securities.

JAAA unmatched 100.1% Shared 0.3% PULS unmatched 98.9%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In JAAA only
595 positions
Shared
3 positions
In PULS only
732 positions

Side by side

JAAA

Janus Henderson AAA CLO ETF

Janus Henderson · US Aggregate Bond

82 composite / 100
Expense ratio
0.20%
Net assets
$32.37B
TTM yield
4.81%
Top-10 conc.
6.8%
PULS

PGIM Ultra Short Bond ETF

PGIM · US Aggregate Bond

84 composite / 100
Expense ratio
0.15%
Net assets
$19.61B
TTM yield
4.35%
Top-10 conc.
7.2%

Sub-score comparison

80
Cost
85
51
Tax efficiency
52
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
JAAA sub-score PULS

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

PULS is 5 bps cheaper than JAAA. On a $100,000 position that's about $50/yr more in fees for JAAA.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with JAAA vs PULS.

Top shared holdings

3 shared in total
# Holding In JAAA In PULS Overlap
1 Whitebox CLO I Ltd. 0.44% 0.13% 0.13%
2 Whitebox CLO III Ltd. 0.08% 0.09% 0.08%
3 Magnetite XXXII Ltd. 0.60% 0.08% 0.08%

Only in JAAA

595 total
  • KKR CLO 35 Ltd. 0.85%
  • AB BSL CLO 1 Ltd. 0.78%
  • Anchorage Capital CLO 16 Ltd. 0.73%
  • Palmer Square CLO Ltd. 0.68%
  • Ares LXI CLO Ltd. 0.68%
  • Carlyle US CLO Ltd. 0.62%
  • WISE CLO Ltd. 0.62%
  • Carlyle US CLO Ltd. 0.60%
  • Regatta XIX Funding Ltd. 0.60%
  • Oaktree CLO Ltd. 0.60%

Only in PULS

732 total
  • PGIM ETF Trust 1.95%
  • Suncor Energy Inc. 0.77%
  • INTESA SANPAOLO SPA 0.68%
  • Alimentation Couche-Tard Inc. 0.67%
  • Healthpeak Properties Inc 0.58%
  • Alexandria Real Estate Equities, Inc. 0.53%
  • Essential Utilities Inc 0.52%
  • HUDSON YARDS 2025-SPRL MORTGAGE TRUST 0.50%
  • ABN AMRO BANK NV 0.50%
  • SOFI CONSUMER LOAN PROGRAM 2026-C TRUST 0.49%

Percentages are holdings overlap with the named fund.

Open JAAA or PULS at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.