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EVMOvsPAAAETF Comparison

ETF 1

EVMO

Eaton Vance Mortgage Opportunities ETF

This fund is part of

MBS & ABS

-0.04%

Full EVMO 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 Mortgage Opportunities ETF (EVMO) and PGIM AAA CLO ETF (PAAA) have similar underlying exposures to countries and sectors. EVMO's top 3 sector exposures are Industrials, Non-Corporate and Finance. In contrast, PAAA's top sector exposures are Industrials and Non-Corporate. EVMO is more expensive with a Total Expense Ratio (TER) of 0.45%, versus 0.19% for PAAA. EVMO is down -0.11% year-to-date (YTD) with +$41M 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 EVMO 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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EVMO 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.	EVMO PAAA	+0.15%+0.29%	-1.53%+1.18%	-0.11%+3.72%	+0.72%+4.93%	n/a+19.86%	n/an/a
Flows	EVMO PAAA	-$60M+$1.88B	-$47M+$4.28B	+$41M+$8.49B	+$124M+$10.02B	-+$14.53B	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	EVMO PAAA	+3.84%+0.31%	+3.09%+0.41%	n/a+0.63%	n/an/a
Max drawdown	EVMO PAAA	-3.02%n/a	-3.14%n/a	n/a-0.88%	n/an/a
Max drawdown duration	EVMO PAAA	64dn/a	229dn/a	n/a22d	n/an/a

Trading data

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	EVMO	PAAA
Last sale 10/16/2026 at 1:30 PM	$48.70	$51.42
Previous close 10/16/2026	$48.60	$51.40
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 10/16/2026 at 1:30 PM

Live

Closed

	EVMO	PAAA
Last price	$48.70	$51.42
1D performance	+0.21%	+0.04%
AuM	$798.08 M	$14.70 B
E/R	0.45%	0.19%

Characteristics

	EVMO	PAAA
Management strategy	Active	Active
Provider	Eaton Vance	PGIM
Benchmark	-	-
N° of holdings	55	34
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	August 5, 2025	July 19, 2023
ESG	No	No

More EVMO data on Trackinsight

More PAAA data on Trackinsight

Exposure

Countries

EVMO

USA

14.67%

Other

85.33%

PAAA

USA

15.47%

Other

84.53%

Sectors

EVMO

Industrials

8.16%

Other

91.84%

PAAA

Industrials

9.64%

Other

90.36%

Diversification

EVMO

Total weight of top 15 holdings out of 15

22.24%

PAAA

Total weight of top 15 holdings out of 15

21.51%

Top 15 holdings

Data as of August 31, 2026

EVMO

Morgan Stanley Instl. Liquidity Funds - Government Portfolio

5.30%

US01F0526982

1.70%

US01F0506927

1.66%

US01F0406938

1.57%

FR SD8493, 5.5% 1dec2054, USD (ABS)

1.31%

FN MA5531, 5.5% 1nov2054, USD (ABS)

1.29%

FR RQ0027, 5.5% 1jul2055, USD (ABS)

1.23%

US76971EAH71

1.13%

US76112BXV79

1.12%

US01F0426993

1.08%

US01F0306948

0.98%

US22536XGM02

0.97%

US30344AAA79

0.97%

US76112BJV36

0.97%

US79581YAA47

0.96%

PAAA

PGIM Core Government Money Market Fund

5.83%

US149931AC13

1.58%

US758970AL12

1.29%

US081917AL07

1.21%

US38140MAC64

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 EVMO and PAAA

How have the EVMO and PAAA ETFs performed in 2026?

As of October 16, 2026, EVMO is down -0.11% 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: EVMO or PAAA?

Year-to-date, the EVMO ETF saw +$41M in flows, compared to +$8.49B for PAAA.

Which ETF is more volatile: EVMO or PAAA?

Over the past year, EVMO had a volatility of 3.09%, while PAAA experienced 0.41%.

Which ETF is bigger: EVMO or PAAA?

As of October 16, 2026, EVMO holds $798.08 M in assets under management (AUM), while PAAA manages $14.70 B.

What sectors do the EVMO and PAAA ETFs invest in?

EVMO leans toward sectors like Industrials. Meanwhile, PAAA focuses on Industrials.

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

EVMO top holdings include Morgan Stanley Instl. Liquidity Funds - Government Portfolio, US01F0526982 and US01F0506927. PAAA holds in its top three: PGIM Core Government Money Market Fund, US149931AC13 and US758970AL12.

EVMOvsPAAAETF Comparison

Eaton Vance Mortgage Opportunities ETF

PGIM AAA CLO ETF

EVMO 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 EVMO and PAAA ETFs performed in 2026?

As of October 16, 2026, EVMO is down -0.11% 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: EVMO or PAAA?

Year-to-date, the EVMO ETF saw +$41M in flows, compared to +$8.49B for PAAA.

Which ETF is more volatile: EVMO or PAAA?

Over the past year, EVMO had a volatility of 3.09%, while PAAA experienced 0.41%.

Which ETF is bigger: EVMO or PAAA?

As of October 16, 2026, EVMO holds $798.08 M in assets under management (AUM), while PAAA manages $14.70 B.

What sectors do the EVMO and PAAA ETFs invest in?

EVMO leans toward sectors like Industrials. Meanwhile, PAAA focuses on Industrials.

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

EVMO top holdings include Morgan Stanley Instl. Liquidity Funds - Government Portfolio, US01F0526982 and US01F0506927. PAAA holds in its top three: PGIM Core Government Money Market Fund, US149931AC13 and US758970AL12.

Which ETF is more diversified: EVMO or PAAA?

EVMO holds 687 securities with 22.24% of its assets in the top 15. PAAA has 312 securities and a top 15 weight of 21.51%.

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