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CLOAvsPCMMETF Comparison

ETF 1
CLOA

iShares AAA CLO Active ETF

This fund is part of
US Corporate IG Bonds
+0.03%
VS
ETF 2
PCMM

BondBloxx Private Credit CLO ETF

This fund is part of
US Corporate IG Bonds
+0.03%

iShares AAA CLO Active ETF (CLOA) and BondBloxx Private Credit CLO ETF (PCMM) have similar underlying exposures to countries and sectors. They also belong to the same industry segment: US Corporate IG Bonds. CLOA's top 2 sector exposures are Industrials and Non-Corporate. In contrast, PCMM's top sector exposures are Industrials and Finance. CLOA is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.68% for PCMM. CLOA is up 3.73% year-to-date (YTD) with +$1.39B in YTD flows. PCMM performs better with 4.18% YTD performance, and +$78M in YTD flows. Run a side-by-side ETF comparison of CLOA and PCMM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CLOA vs PCMM performance and flow charts

Performance

0.00.10.20.30.40.5%Sep 16Sep 23Sep 30Oct 7Oct 14

Cumulative Flows

0 M100 M200 M300 M400 M500 MSep 16Sep 23Sep 30Oct 7Oct 14

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Historic performance and flows
Data as of 10/16/2026
1M3MYTD1Y3Y5Y
Perf.
CLOA
PCMM
+0.29%+0.48%
+1.20%+1.50%
+3.73%+4.18%
+4.94%+5.43%
+19.91%n/a
n/an/a
Flows
CLOA
PCMM
+$492M+$53M
+$627M+$68M
+$1.39B+$78M
+$1.38B+$93M
+$2.72B-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
CLOA
PCMM
+0.26%+0.26%
+0.44%+1.04%
+0.59%n/a
n/an/a
Max drawdown
CLOA
PCMM
-0.07%n/a
-0.07%-1.15%
-0.75%n/a
n/an/a
Max drawdown duration
CLOA
PCMM
4dn/a
4d75d
21dn/a
n/an/a
Trading data

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CLOA
PCMM
Last sale
10/16/2026 at 1:30 PM
$51.85
$49.96
Previous close
10/15/2026
$51.83
$49.92
Consolidated volume
10/15/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
CLOA
PCMM
Last price
$51.85
$49.96
1D performance
+0.04%
+0.08%
AuM$2.77 B$262.66 M
E/R0.2%0.68%
Characteristics
CLOA
PCMM
Management strategyActiveActive
ProvideriSharesBondbloxx Investment Management LLC
Benchmark--
N° of holdings6010
Asset class--
Trailing 12m distribution yield
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Inception dateJanuary 10, 2023December 2, 2024
ESGNoNo
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Exposure

Countries

CLOA
USA
17.11%
Other
82.89%
PCMM
USA
10.95%
Other
89.05%

Sectors

CLOA
Industrials
16.17%
Other
83.83%
PCMM
Industrials
10.58%
Other
89.42%
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Diversification

CLOA

Total weight of top 15 holdings out of 15

12.89%
PCMM

Total weight of top 15 holdings out of 15

38.89%

Top 15 holdings

Data as of August 31, 2026
CLOA
BlackRock Cash Funds - Treasury
0.93%
US48257WAA62
0.89%
US67126BAA17
0.89%
AB BSL CLO 2025-7A, FRN 17jan2039, USD (ABS, A1)
0.89%
US87268VAA35
0.89%
US29003NAJ46
0.89%
US04018XAN93
0.89%
Bain Capital Credit CLO 2024-1A, FRN 18apr2039, USD (ABS, A1R)
0.89%
US83011VAL80
0.89%
US488934AA89
0.88%
US64754YAA73
0.84%
US143111AY87
0.82%
SONA US CLO 2026-2A, FRN 22jul2039, USD (ABS, A1)
0.80%
US64134JAL70
0.77%
US149791BG90
0.72%
PCMM
US03665GAR56
4.79%
Woodmont Trust 2022-9A, FRN 27oct2036, USD (ABS, A1R)
4.14%
US61035CBD56
2.88%
US510758AC99
2.45%
US05554QAQ47
2.40%
US15674YAA64
2.39%
US17151JAQ22
2.39%
ABPCI Direct Lending Fund CLO 2019-6A, FRN 27jan2037, USD (ABS, A1R)
2.39%
US381948AJ73
2.38%
US97988FAU21
2.37%
US47235BAA17
2.17%
US46604CAL00
2.16%
US38180YAJ64
2.03%
US05613TAC80
2.03%
US381931AC87
1.92%
Frequently asked questions about CLOA and PCMM

How have the CLOA and PCMM ETFs performed in 2026?

As of October 16, 2026, CLOA is up 3.73% year-to-date (YTD), while PCMM has returned 4.18%. That puts PCMM better performer ahead so far this year.

Which ETF is attracting more investor money: CLOA or PCMM?

Year-to-date, the CLOA ETF saw +$1.39B in flows, compared to +$78M for PCMM.

Which ETF is more volatile: CLOA or PCMM?

Over the past year, CLOA had a volatility of 0.44%, while PCMM experienced 1.04%.

Which ETF is bigger: CLOA or PCMM?

As of October 16, 2026, CLOA holds $2.77 B in assets under management (AUM), while PCMM manages $262.66 M.

What sectors do the CLOA and PCMM ETFs invest in?

CLOA leans toward sectors like Industrials. Meanwhile, PCMM focuses on Industrials.

What are the top holdings of the CLOA ETF and PCMM ETF?

CLOA top holdings include BlackRock Cash Funds - Treasury, US48257WAA62 and US67126BAA17. PCMM holds in its top three: US03665GAR56, Woodmont Trust 2022-9A, FRN 27oct2036, USD (ABS, A1R) and US61035CBD56.

Which ETF is more diversified: CLOA or PCMM?

CLOA holds 426 securities with 12.89% of its assets in the top 15. PCMM has 83 securities and a top 15 weight of 38.89%.

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