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NCLOvsJBBBETF Comparison

ETF 1

NCLO

Nuveen AA-BBB CLO ETF

This fund is part of

US Corporate IG Bonds

+0.33%

Full NCLO fund page

VS

ETF 2

JBBB

Janus Henderson B-BBB CLO ETF

This fund is part of

US Aggregate Bonds

+0.45%

Full JBBB fund page

Nuveen AA-BBB CLO ETF (NCLO) and Janus Henderson B-BBB CLO ETF (JBBB) have similar underlying exposures to countries and sectors. NCLO's top 1 sector exposures are Industrials. In contrast, JBBB's top sector exposures are Industrials and Finance. NCLO is less expensive with a Total Expense Ratio (TER) of 0.26%, versus 0.47% for JBBB. NCLO is up 4.24% year-to-date (YTD) with +$67M in YTD flows. JBBB performs worse with 3.6% YTD performance, and +$332M in YTD flows. Run a side-by-side ETF comparison of NCLO and JBBB 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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NCLO vs JBBB performance and flow charts

Performance

Cumulative Flows

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

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 10/14/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	NCLO JBBB	+0.24%+0.19%	+1.43%+1.64%	+4.24%+3.60%	+5.50%+4.93%	n/a+24.86%	n/an/a
Flows	NCLO JBBB	+$54M-	+$69M+$135M	+$67M+$332M	+$97M+$130M	-+$1.44B	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	NCLO JBBB	+0.40%+0.92%	+1.04%+1.18%	n/a+1.92%	n/an/a
Max drawdown	NCLO JBBB	-0.12%-0.17%	-1.10%-1.91%	n/a-2.77%	n/an/a
Max drawdown duration	NCLO JBBB	15d17d	42d81d	n/a105d	n/an/a

Trading data

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	NCLO	JBBB
Last sale 10/16/2026 at 1:30 PM	$25.02	$47.21
Previous close 10/15/2026	$24.99	$47.24
Consolidated volume 10/15/2026
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

	NCLO	JBBB
Last price	$25.02	$47.21
1D performance	+0.12%	-0.07%
AuM	$211.09 M	$1.52 B
E/R	0.26%	0.47%

Characteristics

	NCLO	JBBB
Management strategy	Active	Active
Provider	Nuveen	Janus Henderson Investors
Benchmark	-	-
N° of holdings	2	59
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	December 10, 2024	January 11, 2022
ESG	No	No

More NCLO data on Trackinsight

More JBBB data on Trackinsight

Exposure

Countries

NCLO

Other

100%

JBBB

Other

100%

Sectors

NCLO

Other

100%

JBBB

Other

100%

Diversification

NCLO

Total weight of top 15 holdings out of 15

28.39%

JBBB

Total weight of top 15 holdings out of 15

17.35%

Top 15 holdings

Data as of August 31, 2026

NCLO

US00900LBQ68

2.62%

US67121RAJ23

2.29%

US67570FAE51

2.29%

US38139FAU49

2.20%

US597921AG03

2.12%

US64132YBN13

1.96%

US00900GAW50

1.96%

US039948AG96

1.95%

US69703YAG52

1.76%

US143120AU72

1.64%

USG6110CAD23

1.63%

US03330YAQ35

1.63%

US48256NAE94

1.51%

US48257WAG33

1.47%

US05874XAU37

1.38%

JBBB

US88677FAG81

1.71%

US03328WCA45

1.68%

US75884EAW21

1.56%

US88676PAJ12

1.35%

US69703LAY48

1.34%

US83617EAL48

1.13%

US00121XAJ00

1.07%

US75884BBE74

1.06%

US08186YAU82

1.01%

US83011VAS34

0.99%

Elmwood CLO 2022-5A, FRN 17jul2037, USD (ABS, D1R)

0.96%

US09077FAU93

0.89%

US69688FAW05

0.87%

US559922AS81

0.87%

US09627FBJ84

0.85%

Frequently asked questions about NCLO and JBBB

How have the NCLO and JBBB ETFs performed in 2026?

As of October 14, 2026, NCLO is up 4.24% year-to-date (YTD), while JBBB has returned 3.6%. That puts NCLO better performer ahead so far this year.

Which ETF is attracting more investor money: NCLO or JBBB?

Year-to-date, the NCLO ETF saw +$67M in flows, compared to +$332M for JBBB.

Which ETF is more volatile: NCLO or JBBB?

Over the past year, NCLO had a volatility of 1.04%, while JBBB experienced 1.18%.

Which ETF is bigger: NCLO or JBBB?

As of October 14, 2026, NCLO holds $211.09 M in assets under management (AUM), while JBBB manages $1.52 B.

What are the top holdings of the NCLO ETF and JBBB ETF?

NCLO top holdings include US00900LBQ68, US67121RAJ23 and US67570FAE51. JBBB holds in its top three: US88677FAG81, US03328WCA45 and US75884EAW21.

Which ETF is more diversified: NCLO or JBBB?

NCLO holds 105 securities with 28.39% of its assets in the top 15. JBBB has 835 securities and a top 15 weight of 17.35%.

How Well Did CLO ETFs Hold Up During Market Volatility?

October 1, 2025

JBBB

Tony's ETF Buyers Guide: Collateralized Loan Obligation (CLO) ETFs

June 27, 2024

JBBB

NCLOvsJBBBETF Comparison

Nuveen AA-BBB CLO ETF

Janus Henderson B-BBB CLO ETF

NCLO vs JBBB 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 NCLO and JBBB ETFs performed in 2026?

As of October 14, 2026, NCLO is up 4.24% year-to-date (YTD), while JBBB has returned 3.6%. That puts NCLO better performer ahead so far this year.

Which ETF is attracting more investor money: NCLO or JBBB?

Year-to-date, the NCLO ETF saw +$67M in flows, compared to +$332M for JBBB.

Which ETF is more volatile: NCLO or JBBB?

Over the past year, NCLO had a volatility of 1.04%, while JBBB experienced 1.18%.

Which ETF is bigger: NCLO or JBBB?

As of October 14, 2026, NCLO holds $211.09 M in assets under management (AUM), while JBBB manages $1.52 B.

What are the top holdings of the NCLO ETF and JBBB ETF?

NCLO top holdings include US00900LBQ68, US67121RAJ23 and US67570FAE51. JBBB holds in its top three: US88677FAG81, US03328WCA45 and US75884EAW21.

Which ETF is more diversified: NCLO or JBBB?

NCLO holds 105 securities with 28.39% of its assets in the top 15. JBBB has 835 securities and a top 15 weight of 17.35%.

How Well Did CLO ETFs Hold Up During Market Volatility?

Tony's ETF Buyers Guide: Collateralized Loan Obligation (CLO) ETFs

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