PAAA vs SCHZ
Comparison between PGIM AAA CLO ETF (PAAA, ETF) and SCHWAB U.S. AGGREGATE BOND ETF (SCHZ, ETF).
PAAA vs SCHZ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PAAA
$10B
Winner
SCHZ
$10B
Expense Ratio
PAAA
0.19%
Winner
SCHZ
0.03%
Max Drawdown
Winner
PAAA
1.81%
SCHZ
24.30%
Sharpe Ratio
Winner
PAAA
2.99
SCHZ
0.17
5Y Beta
Winner
PAAA
0.03
SCHZ
0.04
5Y Dividends CAGR
PAAA
N/A
SCHZ
8.44%
PAAA vs SCHZ - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PAAA
+0.34%
SCHZ
-0.73%
3M
Winner
PAAA
+1.38%
SCHZ
-1.29%
6M
Winner
PAAA
+2.50%
SCHZ
+0.28%
1Y
Winner
PAAA
+5.18%
SCHZ
+4.75%
5Y(CAGR)
PAAA
N/A
SCHZ
-0.03%
10Y(CAGR)
PAAA
N/A
SCHZ
+1.47%
Max(CAGR)
Winner
PAAA
+6.57%
SCHZ
+2.07%
PAAA vs SCHZ - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | PAAA | SCHZ |
|---|---|---|
| 2026 | +2.04% | -0.09% |
| 2025 | +5.35% | +7.19% |
| 2024 | +7.42% | +1.72% |
| 2023 | +3.82% | +4.98% |
| 2022 | N/A | -12.55% |
| 2021 | N/A | -1.62% |
| 2020 | N/A | +7.24% |
| 2019 | N/A | +8.39% |
| 2018 | N/A | -0.16% |
| 2017 | N/A | +3.26% |
| 2016 | N/A | +2.13% |
| 2015 | N/A | +0.27% |
| 2014 | N/A | +6.09% |
| 2013 | N/A | -1.85% |
| 2012 | N/A | +3.78% |
| 2011 | N/A | +4.23% |
PAAA vs SCHZ Drawdown Comparison
The maximum drawdown for PAAA was -1.04%, occurring on Apr 10, 2025. Recovery took 17 trading sessions.
The maximum drawdown for SCHZ was -18.74%, occurring on Oct 24, 2022. This drawdown has not yet recovered.
The current SCHZ drawdown is -2.85%.
| Rank | PAAA | SCHZ |
|---|---|---|
| #1 | -1.04% Apr 1, 2025 - Apr 25, 2025 | -18.74% Aug 4, 2020 - Oct 24, 2022 |
| #2 | -0.27% Feb 7, 2024 - Feb 22, 2024 | -10.27% Mar 6, 2020 - May 22, 2020 |
| #3 | -0.25% Mar 3, 2025 - Mar 27, 2025 | -4.89% May 2, 2013 - May 9, 2014 |
| #4 | -0.17% Feb 26, 2026 - Mar 17, 2026 | -4.35% Jul 8, 2016 - Aug 29, 2017 |
| #5 | -0.17% Nov 24, 2023 - Nov 29, 2023 | -3.51% Sep 7, 2017 - Jan 31, 2019 |
| #6 | -0.16% Mar 27, 2025 - Apr 1, 2025 | -2.78% Apr 17, 2015 - Feb 8, 2016 |
| #7 | -0.12% Oct 14, 2025 - Oct 20, 2025 | -2.12% Sep 4, 2019 - Jan 21, 2020 |
| #8 | -0.09% Mar 5, 2024 - Mar 13, 2024 | -1.81% Feb 2, 2015 - Apr 15, 2015 |
| #9 | -0.08% Aug 9, 2024 - Aug 14, 2024 | -1.73% Sep 22, 2011 - Dec 14, 2011 |
| #10 | -0.08% Feb 20, 2025 - Feb 26, 2025 | -1.40% Jan 31, 2012 - Apr 23, 2012 |
| #11 | -0.06% May 2, 2025 - May 8, 2025 | -1.36% Aug 2, 2012 - Oct 1, 2012 |
| #12 | -0.06% May 8, 2025 - May 12, 2025 | -1.26% Dec 5, 2012 - Apr 5, 2013 |
| #13 | -0.06% Nov 12, 2024 - Nov 15, 2024 | -1.14% Aug 29, 2014 - Oct 7, 2014 |
| #14 | -0.06% Nov 15, 2024 - Nov 21, 2024 | -1.10% Aug 18, 2011 - Sep 2, 2011 |
| #15 | -0.05% Jan 23, 2024 - Jan 29, 2024 | -0.96% Oct 16, 2014 - Dec 12, 2014 |
Correlation
Correlation between PAAA and SCHZ is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
0.95
-101
Dividend Comparison (2011 - 2026)
PAAA vs SCHZ dividend yield comparison.
| Year | PAAA | SCHZ |
|---|---|---|
| 2026 | 1.88% | 1.74% |
| 2025 | 5.12% | 4.05% |
| 2024 | 5.88% | 3.96% |
| 2023 | 2.76% | 3.28% |
| 2022 | 0.00% | 2.63% |
| 2021 | 0.00% | 2.16% |
| 2020 | 0.00% | 2.43% |
| 2019 | 0.00% | 2.79% |
| 2018 | 0.00% | 2.56% |
| 2017 | 0.00% | 2.40% |
| 2016 | 0.00% | 2.24% |
| 2015 | 0.00% | 2.11% |
| 2014 | 0.00% | 2.03% |
| 2013 | 0.00% | 2.01% |
| 2012 | 0.00% | 2.04% |
| 2011 | 0.00% | 0.76% |
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