BOND vs JAAA: Holdings Overlap
BONDPIMCO Active Bond Exchange-Traded Fund
PIMCO · 1518 holdings · $8.5B · as of 2026-03-31
JAAAJanus Henderson AAA CLO ETF
Janus Henderson · 600 holdings · $29.2B · as of 2026-04-30
Holdings snapshots are 30 days apart (BOND: 2026-03-31, JAAA: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are BOND and JAAA?
PIMCO Active Bond Exchange-Traded Fund (BOND, by PIMCO) holds 1518 positions; Janus Henderson AAA CLO ETF (JAAA, by Janus Henderson) holds 600. They have 2 holdings in common, and by portfolio weight the two funds are 0.1% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2BOND holds 1518 · JAAA holds 600
- Weight in Shared Holdings
- BOND 0%·JAAA 0%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in BOND
1516 of 1518 positions (119.8% of the fund) are not held by JAAA. Showing the top 30 by weight.
- Uniform Mortgage-Backed Security, TBA6.16%
- Uniform Mortgage-Backed Securities4.28%
- U.S. Treasury Bonds3.66%
- PIMCO MORTGAGE BACKED SECURITI PIMCO MBS ACTIVE ETF3.49%
- Uniform Mortgage-Backed Security, TBA2.45%
- U.S. Treasury Bonds2.27%
Only in JAAA
598 of 600 positions (96.6% of the fund) are not held by BOND. Showing the top 30 by weight.
- KKR CLO 35 Ltd., Series 35A, Class AR0.93%
- AB BSL CLO 1 Ltd., Series 2020-1A, Class A1R20.85%
- Anchorage Capital CLO 16 Ltd., Series 2020-16A, Class A1R20.79%
- Anchorage Capital CLO 17 Ltd., Series 2021-17A, Class A1R0.77%
- Carlyle US CLO Ltd., Series 2021-8A, Class A1R0.68%
- Regatta XIX Funding Ltd., Series 2022-1A, Class A1R0.65%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| BOND | -0.3% | +0.5% | +3.6% | +5.2% | +0.2% | +2.1% | 5.23% |
| JAAA | +0.4% | +2.7% | +4.9% | +6.0% | +4.8% | — | 4.92% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in BOND vs JAAA →
Shared Holdings(2)
| CQS US CLO 5 Ltd., Series 2025-5A, Class A1 | 0.34% | 0.04% | 0.04% |
|---|---|---|---|
| Greywolf CLO IV Ltd., Series 2019-1A, Class A1R2 | 0.02% | 0.04% | 0.02% |
Frequently Asked Questions
How much do BOND and JAAA overlap?
BOND and JAAA overlap by 0.1% of portfolio weight. They share 2 holdings (BOND holds 1518 positions and JAAA holds 600), based on each fund's latest SEC-reported holdings.
Is it redundant to own both BOND and JAAA?
The two portfolios are 0.1% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of BOND and JAAA?
The largest positions held by both funds are CQS US CLO 5 Ltd., Series 2025-5A, Class A1 and Greywolf CLO IV Ltd., Series 2019-1A, Class A1R2. Together the top 2 shared positions account for 100% of the total overlap.
What does BOND own that JAAA doesn't?
1516 positions (119.8% of BOND) are unique to BOND, led by Uniform Mortgage-Backed Security, TBA, Uniform Mortgage-Backed Securities and U.S. Treasury Bonds. In the other direction, 598 positions (96.6% of JAAA) are unique to JAAA.