Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FNDX vs JAAA: how they differ
FNDX and JAAA hold 0% of their weight in the same names, and FNDX returned more over the year.
Schwab Fundamental U.S. Large Company ETF and Janus Henderson AAA CLO ETF.
What they hold in common
By the books each fund has filed, FNDX and JAAA hold 0% of their money in the same securities at the same weight.
| Only in FNDX | Only in JAAA |
|---|---|
| Apple Inc 4.64% | KKR CLO 35 Ltd. 0.96% |
| Intel Corp 2.57% | AB BSL CLO 1 Ltd. 0.88% |
| Alphabet Inc 2.38% | Anchorage Capital CLO 16 Ltd. 0.82% |
| Microsoft Corp 2.33% | Anchorage Capital CLO 17 Ltd. 0.80% |
| Exxon Mobil Corp 2.29% | Carlyle US CLO Ltd. 0.70% |
| Alphabet Inc 1.90% | Carlyle US CLO Ltd. 0.67% |
| Amazon.com Inc 1.86% | Regatta XIX Funding Ltd. 0.67% |
| Micron Technology Inc 1.60% | 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.
| FNDX Schwab Fundamental U.S. Large Company ETF | JAAA Janus Henderson AAA CLO ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Schwab | Janus |
| What it is | Fundamental U.S. Large Company | Henderson AAA CLO |
| Total return, 1 year | +26.1% | +4.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +8.6 pts | −12.6 pts |
| Expense ratio | 0.25% | 0.20% |
| Already in the S&P 500 | 91.2% | 0.0% |
| Holdings | 733 | 600 |
FNDX in plain words
FNDX is an index equity fund tracking the Fundamental U.S. Large Company. Over the year to Sep 11, 2026 it returned +26.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. By its holdings filed for May 31, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 733 positions, with the top ten at 22.5%.
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, FNDX or JAAA?
- In the year to Sep 12, 2026, with distributions reinvested, FNDX returned +26.1% and JAAA returned +4.9%, so FNDX returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FNDX or JAAA?
- FNDX charges 0.25% a year and JAAA charges 0.20%, so JAAA is cheaper. Fees come from each fund's prospectus.
- How much do FNDX and JAAA overlap with the S&P 500?
- By their latest filed holdings, 91% of FNDX 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.
Other comparisons
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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, FNDX against JAAA, data as of Sep 12, 2026. https://etfiq.com/compare/any/FNDX-JAAA Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources