Skip to main content

ETF comparison

NEAR vs PAAA

Both US Aggregate Bond.

iShares Short Duration Bond Active ETF · PGIM AAA CLO ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.7 %

14 positions appear in both funds. Buying equal dollars of NEAR and PAAA would leave roughly 0.7% of each dollar exposed to the same underlying securities.

NEAR unmatched 97.1% Shared 0.7% PAAA unmatched 95.2%

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 NEAR only
1,810 positions
Shared
14 positions
In PAAA only
297 positions

Side by side

NEAR

iShares Short Duration Bond Active ETF

iShares · US Aggregate Bond

73 composite / 100
Expense ratio
0.25%
Net assets
$5.22B
TTM yield
4.14%
Top-10 conc.
28.7%
PAAA

PGIM AAA CLO ETF

PGIM · US Aggregate Bond

82 composite / 100
Expense ratio
0.19%
Net assets
$15.01B
TTM yield
4.63%
Top-10 conc.
11.7%

Sub-score comparison

75
Cost
81
52
Tax efficiency
51
88
Liquidity
100
73
Concentration
98
—
Tracking quality
—
NEAR sub-score PAAA

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

Cost difference

PAAA is 6 bps cheaper than NEAR. On a $100,000 position that's about $60/yr more in fees for NEAR.

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 NEAR vs PAAA.

Top shared holdings

14 shared in total
# Holding In NEAR In PAAA Overlap
1 Park Blue CLO Ltd 0.13% 0.26% 0.13%
2 Birch Grove CLO Ltd. 0.10% 0.59% 0.10%
3 CIFC Funding Ltd 0.07% 0.06% 0.06%
4 Battalion CLO LTD 0.05% 0.23% 0.05%
5 KKR Financial CLO Ltd 0.15% 0.05% 0.05%
6 Signal Peak CLO, LLC 0.05% 0.29% 0.05%
7 Sixth Street CLO LTD. 0.04% 0.44% 0.04%
8 New Mountain CLO Ltd 0.04% 0.56% 0.04%
9 Empower CLO Ltd. 0.04% 0.49% 0.04%
10 Bryant Park Funding Ltd 0.03% 0.26% 0.03%
11 Madison Park Funding Ltd 0.03% 0.37% 0.03%
12 CIFC Funding Ltd 0.03% 0.14% 0.03%

Only in NEAR

1,810 total
  • United States Treasury 12.04%
  • United States Treasury 3.76%
  • United States Treasury 3.32%
  • United States Treasury 2.83%
  • United States Treasury 1.83%
  • United States Treasury 1.42%
  • United States Treasury 1.30%
  • United States Treasury 1.08%
  • United States Treasury 0.70%
  • United States Treasury 0.47%

Only in PAAA

297 total
  • CBAM 2017-2 LTD 1.58%
  • Regatta XXVII Funding Ltd / Regatta XXVII Funding LLC 1.29%
  • BENEFIT STREET PARTNERS CLO XII-B LTD 1.21%
  • GOLDENTREE LOAN MANAGEMENT US CLO 31 LTD 1.21%
  • MAGNETITE XL LTD 1.13%
  • OCP CLO LTD 1.12%
  • BATTALION CLO XXIV LTD 1.09%
  • AGL CORE CLO 1.06%
  • REGATTA XXVI FUNDING LTD 1.01%
  • BALBOA BAY LOAN FUNDING 2024-1 LTD 1.01%

Percentages are holdings overlap with the named fund.

Open NEAR or PAAA 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.