Data as of Oct 28, 2026.
JAAA vs VOO: Differences, Returns & Fees
Over the year to Oct 28, 2026, JAAA returned +4.7% to VOO's +13.7%; 0% of their weight is in the same names.
askIQ about this page
askIQ about JAAA and VOO
Net assets: $32.5bn on Oct 28, 2026 for Janus Henderson AAA CLO ETF, and $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.
Pair scorecard
VOO costs 0.17 points a year less; their one-year returns differ by 9.0 points.
| Measure | JAAA | VOO |
|---|---|---|
| Return | ||
| Total return, 1 year | +4.7% | +13.7% |
| Benchmark | ||
| What it tracks | No index, actively managed | S&P 500 Index |
| Cost and size | ||
| Expense ratio | 0.20% | 0.03% |
| Net assets, JAAA as of Oct 28, 2026 and VOO as of Sep 30, 2026 | $32.5bn | $1.0tn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 39.1% | |
Holdings in common uses holdings dated Jul 31, 2026 and Sep 30, 2026. Method
Risk and return
Oct 30, 2020 to Oct 23, 2026 · 312 weekly returnsVOO returned more: +153.5% to +31.1%. JAAA swung less: 1.3% to 15.8%. JAAA fell less at its worst: −2.5% to −23.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | JAAA | VOO | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +31.1% | +153.5% | VOO | Price change plus distributions, reinvested. |
| Annualized | +4.6% | +16.8% | VOO | Total return as a yearly rate. |
| Price return | +1.6% | +133.0% | VOO | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 1.3% | 15.8% | JAAA | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 1.0% | 10.2% | JAAA | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −2.5% | −23.9% | JAAA | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.93 | 0.85 | JAAA (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.24 | 1.32 | VOO (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 1.82 | 0.70 | JAAA | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 312 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, JAAA and VOO hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Sep 30, 2026.
half
0% in common
Only in one fund ↓
Side by side
JAAA and VOO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
JAAA and VOO do different jobs. What does each one do in a portfolio?
- What each follows. JAAA follows No index, actively managed and VOO follows S&P 500 Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 JAAA returned +4.7% and VOO +13.7% with distributions reinvested, a gap of 9.0 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
JAAA
JAAA is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.7% with distributions reinvested. The prospectus expense ratio is 0.20% a year.
VOO
VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.
Questions people ask
- Which returned more over the last year, JAAA or VOO?
- In the year to Oct 28, 2026, with distributions reinvested, JAAA returned +4.7% and VOO +13.7%.
- Which is cheaper, JAAA or VOO?
- VOO is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, JAAA against VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/jaaa-vs-voo
ETFIQ. (Oct 28, 2026). JAAA against VOO. Retrieved from https://etfiq.com/compare/any/jaaa-vs-voo
[JAAA against VOO (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/jaaa-vs-voo)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.