JAAA vs NEAR: Holdings Overlap
JAAAJanus Henderson AAA CLO ETF
Janus Henderson · 600 holdings · $29.2B · as of 2026-04-30
NEARiShares Short Duration Bond Active ETF
iShares · 1581 holdings · $4.9B · as of 2026-04-30
How similar are JAAA and NEAR?
Janus Henderson AAA CLO ETF (JAAA, by Janus Henderson) holds 600 positions; iShares Short Duration Bond Active ETF (NEAR, by iShares) holds 1581. They have 13 holdings in common, and by portfolio weight the two funds are 0.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 13JAAA holds 600 · NEAR holds 1581
- Weight in Shared Holdings
- JAAA 3%·NEAR 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 JAAA
587 of 600 positions (93.6% of the fund) are not held by NEAR. Showing the top 30 by weight.
- 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%
- Carlyle US CLO Ltd., Series 2021-10A, Class A1R0.65%
Only in NEAR
1568 of 1581 positions (98.7% of the fund) are not held by JAAA. Showing the top 30 by weight.
- U.S. Treasury Notes14.14%
- U.S. Treasury Notes4.25%
- U.S. Treasury Notes3.73%
- U.S. Treasury Notes3.20%
- U.S. Treasury Notes1.60%
- U.S. Treasury Notes1.47%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JAAA | +0.4% | +2.7% | +4.9% | +6.0% | +4.8% | — | 4.92% |
| NEAR | +0.3% | +1.2% | +3.3% | +5.4% | +4.0% | +2.9% | 4.43% |
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 JAAA vs NEAR →
Shared Holdings(13)
The top 10 shared positions account for 88% of the overlap, led by Ares Loan Funding VIII Ltd., Series 2024-ALF8, Class A1, Park Blue CLO 2025-VII Ltd., Series 2025-7A, Class A1 and New Mountain CLO 3 Ltd., Series CLO-3A, Class A1R.
| Ares Loan Funding VIII Ltd., Series 2024-ALF8, Class A1 | 0.50% | 0.05% | 0.05% |
|---|---|---|---|
| Park Blue CLO 2025-VII Ltd., Series 2025-7A, Class A1 | 0.11% | 0.05% | 0.05% |
| New Mountain CLO 3 Ltd., Series CLO-3A, Class A1R | 0.13% | 0.05% | 0.05% |
| Halseypoint CLO 7 Ltd., Series 2023-7A, Class A1R | 0.14% | 0.05% | 0.05% |
| Oaktree CLO Ltd., Series 2020-1A, Class ARR | 0.21% | 0.04% | 0.04% |
| Empower CLO Ltd., Series 2022-1A, Class A1R | 0.04% | 0.04% | 0.04% |
| AGL CLO 40 Ltd., Series 2025-40A, Class A1 | 0.04% | 0.05% | 0.04% |
| Halseypoint CLO 6 Ltd., Series 2022-6A, Class A1R | 0.09% | 0.03% | 0.03% |
| KKR CLO 35 Ltd., Series 35A, Class AR | 0.93% | 0.03% | 0.03% |
| Ballyrock CLO Ltd., Series 2019-2A, Class A1R3 | 0.53% | 0.03% | 0.03% |
| Regatta XX Funding Ltd., Series 2021-2A, Class AR | 0.06% | 0.03% | 0.03% |
| Park Blue CLO Ltd., Series 2023-3A, Class A1R | 0.06% | 0.02% | 0.02% |
| New Mountain CLO 6 Ltd., Series CLO-6A, Class A | 0.23% | 0.01% | 0.01% |
Frequently Asked Questions
How much do JAAA and NEAR overlap?
JAAA and NEAR overlap by 0.5% of portfolio weight. They share 13 holdings (JAAA holds 600 positions and NEAR holds 1581), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JAAA and NEAR?
The two portfolios are 0.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of JAAA and NEAR?
The largest positions held by both funds are Ares Loan Funding VIII Ltd., Series 2024-ALF8, Class A1, Park Blue CLO 2025-VII Ltd., Series 2025-7A, Class A1, New Mountain CLO 3 Ltd., Series CLO-3A, Class A1R, Halseypoint CLO 7 Ltd., Series 2023-7A, Class A1R and Oaktree CLO Ltd., Series 2020-1A, Class ARR. Together the top 10 shared positions account for 88% of the total overlap.
What does JAAA own that NEAR doesn't?
587 positions (93.6% of JAAA) are unique to JAAA, led by AB BSL CLO 1 Ltd., Series 2020-1A, Class A1R2, Anchorage Capital CLO 16 Ltd., Series 2020-16A, Class A1R2 and Anchorage Capital CLO 17 Ltd., Series 2021-17A, Class A1R. In the other direction, 1568 positions (98.7% of NEAR) are unique to NEAR.