FAAAvsCAGEETF Comparison
VS
Fidelity AAA CLO ETF (FAAA) and Calamos Autocallable Growth ETF (CAGE) have similar underlying exposures to countries and sectors. FAAA's top 2 sector exposures are Industrials and Non-Corporate. In contrast, CAGE's top sector exposures are Sovereign. FAAA is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.82% for CAGE. Run a side-by-side ETF comparison of FAAA and CAGE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
FAAA vs CAGE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 08/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FAAA CAGE | +0.48%+6.29% | +1.29%+2.59% | n/an/a | n/an/a | n/an/a | n/an/a |
| Flows | FAAA CAGE | +$26M+$34M | +$56M+$95M | -- | -- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FAAA CAGE | +0.20%+22.49% | n/an/a | n/an/a | n/an/a |
| Max drawdown | FAAA CAGE | n/a-6.69% | n/an/a | n/an/a | n/an/a |
| Max drawdown duration | FAAA CAGE | n/a62d | n/an/a | n/an/a | n/an/a |
Trading data
FAAA | CAGE | |
Last sale 8/28/2026 at 1:30 PM | $50.24 | $29.01 |
| Previous close 08/27/2026 | $50.41 | $29.14 |
| Consolidated volume 08/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 8/28/2026 at 1:30 PM
Live
Closed
FAAA | CAGE | |
|---|---|---|
| Last price | $50.24 | $29.01 |
| 1D performance | -0.34% | -0.45% |
| AuM | $100.26 M | $139.44 M |
| E/R | 0.2% | 0.82% |
Characteristics
FAAA | CAGE | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Fidelity | Calamos Investments |
| Benchmark | - | - |
| N° of holdings | 30 | 2 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 11, 2026 | April 16, 2026 |
| ESG | No | No |
Advertisement
Exposure
Countries
FAAA
USA
19.24%
Other
80.76%
CAGE
USA
17.36%
Other
82.64%
Sectors
FAAA
Industrials
15.86%
Other
84.14%
CAGE
Sovereign
17.36%
Other
82.64%
Advertisement
Diversification
FAAA
Total weight of top 15 holdings out of 15
20.73%
CAGE
Total weight of top 2 holdings out of 2
98.34%
Top 15 holdings
Data as of July 31, 2026
FAAA
Fidelity Cash Central Fund
3.38%
AGL CLO 2022-17A, FRN 22jan2035, USD (ABS, AR)
1.42%
US00176HAA86
1.35%
US92919DAL29
1.35%
US26254KAS24
1.35%
US55823TAA34
1.35%
Ares Loan Funding 2024-ALF8, FRN 25jan2038, USD (ABS, A1)
1.35%
US55952EAL56
1.35%
US55955LAS16
1.28%
US12575MAA99
1.15%
US55954NAS80
1.08%
US83011LAJ52
1.08%
US13877EAL65
1.08%
US12567MAN11
1.08%
US29002UAS96
1.08%
CAGE
US12811T5149
80.98%
USA, Bills 0% 7jan2027, USD (182D)
17.36%
Frequently asked questions about FAAA and CAGE
Which ETF is bigger: FAAA or CAGE?
As of August 28, 2026, FAAA holds $100.26 M in assets under management (AUM), while CAGE manages $139.44 M.
What sectors do the FAAA and CAGE ETFs invest in?
FAAA leans toward sectors like Industrials. Meanwhile, CAGE focuses on Sovereign.
What are the top holdings of the FAAA ETF and CAGE ETF?
FAAA top holdings include Fidelity Cash Central Fund, AGL CLO 2022-17A, FRN 22jan2035, USD (ABS, AR) and US00176HAA86. CAGE holds in its top three: US12811T5149 and USA, Bills 0% 7jan2027, USD (182D).
Which ETF is more diversified: FAAA or CAGE?
FAAA holds 178 securities with 20.73% of its assets in the top 15. CAGE has 2 securities.
Advertisement
Latest news about FAAA & CAGE
Advertisement
