Get the weekly note

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

ETFIQetfiq.com · independent ETF data

JAAA vs XLE: how they differ

JAAA and XLE hold 0% of their weight in the same names, and XLE returned more over the year.

Janus Henderson AAA CLO ETF and State Street(R) Energy Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, JAAA and XLE hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in JAAAOnly in XLE
KKR CLO 35 Ltd. 0.96%Exxon Mobil Corp 22.71%
AB BSL CLO 1 Ltd. 0.88%Chevron Corp 16.12%
Anchorage Capital CLO 16 Ltd. 0.82%ConocoPhillips 6.58%
Anchorage Capital CLO 17 Ltd. 0.80%Williams Cos Inc/The 5.04%
Carlyle US CLO Ltd. 0.70%Valero Energy Corp 4.65%
Carlyle US CLO Ltd. 0.67%Marathon Petroleum Corp 4.49%
Regatta XIX Funding Ltd. 0.67%EOG Resources Inc 4.15%
Magnetite XXXII Ltd. 0.67%SLB Ltd 4.10%

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 and XLE on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
JAAA
Janus Henderson AAA CLO ETF
XLE
State Street(R) Energy Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssuerJanusState Street
What it isHenderson AAA CLOEnergy
Total return, 1 year+4.9%+50.7%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−12.6 pts+33.2 pts
Expense ratio0.20%0.08%
Already in the S&P 5000.0%100.0%
Holdings60021

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%.

XLE in plain words

XLE is an index equity fund tracking the Energy. Over the year to Sep 11, 2026 it returned +50.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 21 positions, with the top ten at 75.7%.

Questions people ask

Which returned more over the last year, JAAA or XLE?
In the year to Sep 12, 2026, with distributions reinvested, JAAA returned +4.9% and XLE returned +50.7%, so XLE returned more. One year is one year; the longer windows are in the table.
Which is cheaper, JAAA or XLE?
JAAA charges 0.20% a year and XLE charges 0.08%, so XLE is cheaper. Fees come from each fund's prospectus.
How much do JAAA and XLE overlap with the S&P 500?
By their latest filed holdings, 0% of JAAA and 100% of XLE 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

Where to next

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.

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

A comparison is not a recommendation. Standards and sources