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EVLNvsPAAAETF Comparison

ETF 1

EVLN

Eaton Vance Floating-Rate ETF

This fund is part of

Intl HY Bonds

-0.14%

Full EVLN fund page

VS

ETF 2

PAAA

PGIM AAA CLO ETF

This fund is part of

US Corporate IG Bonds

+0.03%

Full PAAA fund page

Eaton Vance Floating-Rate ETF (EVLN) and PGIM AAA CLO ETF (PAAA) have similar underlying exposures to countries and sectors. EVLN's top 3 sector exposures are Non-Corporate, Finance and Industrials. In contrast, PAAA's top sector exposures are Industrials and Non-Corporate. EVLN is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.19% for PAAA. EVLN is up 2.53% year-to-date (YTD) with +$366M in YTD flows. PAAA performs better with 3.72% YTD performance, and +$8.49B in YTD flows. Run a side-by-side ETF comparison of EVLN and PAAA 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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EVLN vs PAAA performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/16/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	EVLN PAAA	-0.46%+0.29%	+0.77%+1.18%	+2.53%+3.72%	+3.99%+4.93%	n/a+19.86%	n/an/a
Flows	EVLN PAAA	+$166M+$1.88B	+$315M+$4.28B	+$366M+$8.49B	+$227M+$10.02B	-+$14.53B	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	EVLN PAAA	+0.78%+0.31%	+1.13%+0.41%	n/a+0.63%	n/an/a
Max drawdown	EVLN PAAA	-0.63%n/a	-1.70%n/a	n/a-0.88%	n/an/a
Max drawdown duration	EVLN PAAA	24dn/a	95dn/a	n/a22d	n/an/a

Trading data

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	EVLN	PAAA
Last sale 10/19/2026 at 1:30 PM	$48.16	$51.43
Previous close 10/16/2026	$48.22	$51.42
Consolidated volume 10/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 10/19/2026 at 1:30 PM

Live

Closed

	EVLN	PAAA
Last price	$48.16	$51.43
1D performance	-0.12%	+0.02%
AuM	$1.67 B	$14.70 B
E/R	0.6%	0.19%

Characteristics

	EVLN	PAAA
Management strategy	Active	Active
Provider	Morgan Stanley	PGIM
Benchmark	-	-
N° of holdings	35	34
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	February 8, 2024	July 19, 2023
ESG	No	No

More EVLN data on Trackinsight

More PAAA data on Trackinsight

Exposure

Countries

EVLN

USA

17.43%

Other

82.57%

PAAA

USA

15.47%

Other

84.53%

Sectors

EVLN

Non-Corporate

12.47%

Other

87.53%

PAAA

Industrials

9.64%

Other

90.36%

Diversification

EVLN

Total weight of top 15 holdings out of 15

21.44%

PAAA

Total weight of top 15 holdings out of 15

21.51%

Top 15 holdings

Data as of August 31, 2026

EVLN

Morgan Stanley Instl. Liquidity Funds - Government Portfolio

12.31%

US25472YAB74

0.88%

US26875YAB83

0.83%

XAD9000BAJ17

0.77%

US01881UAN54

0.71%

US11132VAY56

0.71%

US01957TAX54

0.66%

US35670CAE84

0.65%

US90266UAM53

0.62%

XAC4000KAH77

0.59%

US44332EAZ97

0.57%

US87110SAB88

0.55%

US72811HAJ95

0.54%

XAF7000QAD34

0.54%

US00132UAS33

0.54%

PAAA

PGIM Core Government Money Market Fund

5.83%

US149931AC13

1.58%

US758970AL12

1.29%

US38140MAC64

1.21%

US081917AL07

1.21%

US55955RAQ20

1.13%

US67118YBA01

1.12%

US07135JAU51

1.09%

US001200AQ71

1.06%

US75900QAN51

1.01%

US05766NAS18

1.01%

US07090BAA98

1.01%

US04020WAL19

1.00%

US081928AL79

0.99%

US67578VAL62

0.97%

Frequently asked questions about EVLN and PAAA

How have the EVLN and PAAA ETFs performed in 2026?

As of October 16, 2026, EVLN is up 2.53% year-to-date (YTD), while PAAA has returned 3.72%. That puts PAAA better performer ahead so far this year.

Which ETF is attracting more investor money: EVLN or PAAA?

Year-to-date, the EVLN ETF saw +$366M in flows, compared to +$8.49B for PAAA.

Which ETF is more volatile: EVLN or PAAA?

Over the past year, EVLN had a volatility of 1.13%, while PAAA experienced 0.41%.

Which ETF is bigger: EVLN or PAAA?

As of October 16, 2026, EVLN holds $1.67 B in assets under management (AUM), while PAAA manages $14.70 B.

What sectors do the EVLN and PAAA ETFs invest in?

EVLN leans toward sectors like Non-Corporate. Meanwhile, PAAA focuses on Industrials.

What are the top holdings of the EVLN ETF and PAAA ETF?

EVLN top holdings include Morgan Stanley Instl. Liquidity Funds - Government Portfolio, US25472YAB74 and US26875YAB83. PAAA holds in its top three: PGIM Core Government Money Market Fund, US149931AC13 and US758970AL12.

EVLNvsPAAAETF Comparison

Eaton Vance Floating-Rate ETF

PGIM AAA CLO ETF

EVLN vs PAAA performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the EVLN and PAAA ETFs performed in 2026?

As of October 16, 2026, EVLN is up 2.53% year-to-date (YTD), while PAAA has returned 3.72%. That puts PAAA better performer ahead so far this year.

Which ETF is attracting more investor money: EVLN or PAAA?

Year-to-date, the EVLN ETF saw +$366M in flows, compared to +$8.49B for PAAA.

Which ETF is more volatile: EVLN or PAAA?

Over the past year, EVLN had a volatility of 1.13%, while PAAA experienced 0.41%.

Which ETF is bigger: EVLN or PAAA?

As of October 16, 2026, EVLN holds $1.67 B in assets under management (AUM), while PAAA manages $14.70 B.

What sectors do the EVLN and PAAA ETFs invest in?

EVLN leans toward sectors like Non-Corporate. Meanwhile, PAAA focuses on Industrials.

What are the top holdings of the EVLN ETF and PAAA ETF?

EVLN top holdings include Morgan Stanley Instl. Liquidity Funds - Government Portfolio, US25472YAB74 and US26875YAB83. PAAA holds in its top three: PGIM Core Government Money Market Fund, US149931AC13 and US758970AL12.

Which ETF is more diversified: EVLN or PAAA?

EVLN holds 406 securities with 21.44% of its assets in the top 15. PAAA has 312 securities and a top 15 weight of 21.51%.

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