Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
EEM vs JAAA: how they differ
EEM and JAAA hold 0% of their weight in the same names, and EEM returned more over the year.
iShares MSCI Emerging Markets ETF and Janus Henderson AAA CLO ETF.
What they hold in common
By the books each fund has filed, EEM and JAAA hold 0% of their money in the same securities at the same weight.
| Only in EEM | Only in JAAA |
|---|---|
| Taiwan Semiconductor Manufacturing Compa 14.28% | KKR CLO 35 Ltd. 0.96% |
| SK hynix Inc. 6.65% | AB BSL CLO 1 Ltd. 0.88% |
| Tencent Holdings Limited 2.71% | Anchorage Capital CLO 16 Ltd. 0.82% |
| Alibaba Group Holding Limited 2.08% | Anchorage Capital CLO 17 Ltd. 0.80% |
| MediaTek Inc. 1.62% | Carlyle US CLO Ltd. 0.70% |
| DELTA ELECTRONICS, INC. 1.17% | Carlyle US CLO Ltd. 0.67% |
| HON HAI PRECISION INDUSTRY CO., LTD. 0.90% | Regatta XIX Funding Ltd. 0.67% |
| Samsung Electronics Co., Ltd. 0.85% | Magnetite XXXII Ltd. 0.67% |
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 and May 31, 2026.
| EEM iShares MSCI Emerging Markets ETF | JAAA Janus Henderson AAA CLO ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Janus |
| What it is | Emerging markets | Henderson AAA CLO |
| Total return, 1 year | +32.3% | +4.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +14.8 pts | −12.6 pts |
| Expense ratio | 0.72% | 0.20% |
| Already in the S&P 500 | 0.0% | 0.0% |
| Holdings | 1245 | 600 |
EEM in plain words
EEM is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +32.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.72% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1245 positions, with the top ten at 38.9%. It sat 4.7% below its high of Jun 22, 2026 on Sep 11, 2026.
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, EEM or JAAA?
- In the year to Sep 12, 2026, with distributions reinvested, EEM returned +32.3% and JAAA returned +4.9%, so EEM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EEM or JAAA?
- EEM charges 0.72% a year and JAAA charges 0.20%, so JAAA is cheaper. Fees come from each fund's prospectus.
- How much do EEM and JAAA overlap with the S&P 500?
- By their latest filed holdings, 0% of EEM and 0% of JAAA by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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.
Cite this page. ETFIQ, EEM against JAAA, data as of Sep 12, 2026. https://etfiq.com/compare/any/EEM-JAAA Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources