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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

BINC vs JAAA: how they differ

BINC and JAAA hold 2% of their weight in the same names, and JAAA returned more over the year.

iShares Flexible Income Active ETF and Janus Henderson AAA CLO ETF.

What they hold in common

By the books each fund has filed, BINC and JAAA hold 2% of their money in the same securities at the same weight.

Positions BINC and JAAA both hold, largest shared weight first
HoldingBINCJAAA
Kennedy Lewis CLO Ltd0.10%0.18%
Madison Park Funding Ltd0.06%0.48%
Pikes Peak CLO0.05%0.07%
Elmwood CLO III Ltd0.05%0.15%
Neuberger Berman CLO Ltd0.05%0.06%
Signal Peak CLO, LLC0.05%0.05%
ARES CLO Ltd0.04%0.59%
Madison Park Funding Ltd0.06%0.04%
RR Ltd0.04%0.06%
Birch Grove CLO Ltd.0.04%0.18%
Carlyle Global Market Strategies0.03%0.21%
Oak Hill Credit Partners0.03%0.04%
Largest positions each one holds and the other does not
Only in BINCOnly in JAAA
UMBS, TBA 5.13%AB BSL CLO 1 Ltd. 0.88%
UMBS, TBA 2.81%Anchorage Capital CLO 16 Ltd. 0.82%
UMBS, TBA 2.14%Anchorage Capital CLO 17 Ltd. 0.80%
UMBS, TBA 2.10%Carlyle US CLO Ltd. 0.70%
UMBS, TBA 1.52%Carlyle US CLO Ltd. 0.67%
iShares iBoxx USD High Yield Corporate B 1.02%Regatta XIX Funding Ltd. 0.67%
iShares iBoxx USD Investment Grade Corpo 0.64%Magnetite XXXII Ltd. 0.67%
UMBS, TBA 0.53%Galaxy 35 CLO Ltd. 0.66%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.

BINC and JAAA on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
BINC
iShares Flexible Income Active ETF
JAAA
Janus Henderson AAA CLO ETF
Where it sitsCore index fundCore index fund
IssueriSharesJanus
What it isFlexible IncomeHenderson AAA CLO
Total return, 1 year+2.0%+4.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−15.5 pts−12.6 pts
Expense rationot published0.20%
Already in the S&P 5002.4%0.0%
Holdings4124600

BINC in plain words

BINC is an index equity fund tracking the Flexible Income. Over the year to Sep 11, 2026 it returned +2.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Apr 30, 2026, 2% of the fund by weight is stocks the S&P 500 also holds, across 4124 positions, with the top ten at 17.4%.

JAAA in plain words

JAAA is an index equity fund tracking the Henderson AAA CLO. Over the year to Sep 11, 2026 it returned +4.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 600 positions, with the top ten at 7.5%.

Questions people ask

Which returned more over the last year, BINC or JAAA?
In the year to Sep 12, 2026, with distributions reinvested, BINC returned +2.0% and JAAA returned +4.9%, so JAAA returned more. One year is one year; the longer windows are in the table.
How much do BINC and JAAA overlap with the S&P 500?
By their latest filed holdings, 2% of BINC and 0% of JAAA by weight is stocks the S&P 500 already holds. Between the two funds, 2% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BINC against JAAA, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BINC against JAAA, data as of Sep 12, 2026. https://etfiq.com/compare/any/BINC-JAAA Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources