Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
JAAA vs XLC: how they differ
JAAA and XLC hold 0% of their weight in the same names, and JAAA returned more over the year.
Janus Henderson AAA CLO ETF and State Street(R) Communication Services Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, JAAA and XLC hold 0% of their money in the same securities at the same weight.
| Only in JAAA | Only in XLC |
|---|---|
| KKR CLO 35 Ltd. 0.96% | META PLATFORMS INC CLASS A 18.92% |
| AB BSL CLO 1 Ltd. 0.88% | ALPHABET INC CL A 10.12% |
| Anchorage Capital CLO 16 Ltd. 0.82% | ALPHABET INC CL C 8.10% |
| Anchorage Capital CLO 17 Ltd. 0.80% | AT+T INC 5.19% |
| Carlyle US CLO Ltd. 0.70% | VERIZON COMMUNICATIONS INC 5.03% |
| Carlyle US CLO Ltd. 0.67% | WALT DISNEY CO/THE 4.76% |
| Regatta XIX Funding Ltd. 0.67% | WARNER BROS DISCOVERY INC 4.61% |
| Magnetite XXXII Ltd. 0.67% | COMCAST CORP CLASS A 4.61% |
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 Sep 10, 2026.
| JAAA Janus Henderson AAA CLO ETF | XLC State Street(R) Communication Services Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Janus Henderson | State Street |
| What it is | Henderson AAA CLO | Communication services |
| Total return, 1 year | +4.9% | −2.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −12.6 pts | −19.5 pts |
| Expense ratio | 0.20% | 0.08% |
| Already in the S&P 500 | 0.0% | 100.0% |
| Holdings | 600 | 26 |
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%.
XLC in plain words
XLC is an index equity fund tracking the Communication services. Over the year to Sep 11, 2026 it returned −2.0% 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 Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 26 positions, with the top ten at 70.4%. It sat 5.7% below its high of Jan 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, JAAA or XLC?
- In the year to Sep 13, 2026, with distributions reinvested, JAAA returned +4.9% and XLC returned −2.0%, so JAAA returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, JAAA or XLC?
- JAAA charges 0.20% a year and XLC charges 0.08%, so XLC is cheaper. Fees come from each fund's prospectus.
- How much do JAAA and XLC overlap with the S&P 500?
- By their latest filed holdings, 0% of JAAA and 100% of XLC 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 XLC, data as of Sep 13, 2026. https://etfiq.com/compare/any/jaaa-vs-xlc Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources