Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
JAAA vs PFF: how they differ
JAAA and PFF hold 0% of their weight in the same names, and JAAA returned more over the year.
Janus Henderson AAA CLO ETF and iShares Preferred and Income Securities ETF.
What they hold in common
By the books each fund has filed, JAAA and PFF hold 0% of their money in the same securities at the same weight.
| Only in JAAA | Only in PFF |
|---|---|
| KKR CLO 35 Ltd. 0.96% | BOEING COMPANY (THE) 3.99% |
| AB BSL CLO 1 Ltd. 0.88% | STRATEGY INC 2.99% |
| Anchorage Capital CLO 16 Ltd. 0.82% | WELLS FARGO & COMPANY 2.37% |
| Anchorage Capital CLO 17 Ltd. 0.80% | ORACLE CORP 2.31% |
| Carlyle US CLO Ltd. 0.70% | HEWLETT PACKARD ENTERPRISE COMPANY 1.79% |
| Carlyle US CLO Ltd. 0.67% | BANK OF AMERICA CORP 1.47% |
| Regatta XIX Funding Ltd. 0.67% | CITIGROUP CAPITAL XIII 1.33% |
| Magnetite XXXII Ltd. 0.67% | ALBEMARLE CORP 1.31% |
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 Jun 30, 2026.
| JAAA Janus Henderson AAA CLO ETF | PFF iShares Preferred and Income Securities ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Janus | iShares |
| What it is | Henderson AAA CLO | Preferred and Income Securities |
| Total return, 1 year | +4.9% | −0.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −12.6 pts | −18.3 pts |
| Expense ratio | 0.20% | 0.45% |
| Already in the S&P 500 | 0.0% | 21.6% |
| Holdings | 600 | 455 |
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%.
PFF in plain words
PFF is an index equity fund tracking the Preferred and Income Securities. Over the year to Sep 11, 2026 it returned −0.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. By its holdings filed for Jun 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 455 positions, with the top ten at 19.9%. It sat 3.2% below its high of May 8, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, JAAA or PFF?
- In the year to Sep 12, 2026, with distributions reinvested, JAAA returned +4.9% and PFF returned −0.8%, so JAAA returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, JAAA or PFF?
- JAAA charges 0.20% a year and PFF charges 0.45%, so JAAA is cheaper. Fees come from each fund's prospectus.
- How much do JAAA and PFF overlap with the S&P 500?
- By their latest filed holdings, 0% of JAAA and 22% of PFF 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, JAAA against PFF, data as of Sep 12, 2026. https://etfiq.com/compare/any/JAAA-PFF Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources