PAAA vs SPSB
Comparison between PGIM AAA CLO ETF (PAAA, ETF) and STATE STREET(R) SPDR(R) PORTFOLIO SHORT TERM CORPORATE BOND ETF (SPSB, ETF).
PAAA vs SPSB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PAAA
$10B
SPSB
$10B
Expense Ratio
PAAA
0.19%
Winner
SPSB
0.04%
Max Drawdown
Winner
PAAA
1.81%
SPSB
11.75%
Sharpe Ratio
Winner
PAAA
2.99
SPSB
0.33
5Y Beta
PAAA
0.03
Winner
SPSB
0.02
5Y Dividends CAGR
PAAA
N/A
SPSB
22.50%
PAAA vs SPSB - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PAAA
+0.34%
SPSB
-0.01%
3M
Winner
PAAA
+1.38%
SPSB
+0.19%
6M
Winner
PAAA
+2.50%
SPSB
+1.27%
1Y
Winner
PAAA
+5.18%
SPSB
+4.29%
5Y(CAGR)
PAAA
N/A
SPSB
+2.69%
10Y(CAGR)
PAAA
N/A
SPSB
+2.62%
Max(CAGR)
Winner
PAAA
+6.57%
SPSB
+2.28%
PAAA vs SPSB - Annual Returns (2009 - 2026)
Returns include dividend reinvestment.
| Year | PAAA | SPSB |
|---|---|---|
| 2026 | +2.04% | +0.74% |
| 2025 | +5.35% | +5.90% |
| 2024 | +7.42% | +5.39% |
| 2023 | +3.82% | +5.53% |
| 2022 | N/A | -3.19% |
| 2021 | N/A | -0.20% |
| 2020 | N/A | +3.83% |
| 2019 | N/A | +5.21% |
| 2018 | N/A | +1.45% |
| 2017 | N/A | +1.68% |
| 2016 | N/A | +2.09% |
| 2015 | N/A | +0.87% |
| 2014 | N/A | +0.87% |
| 2013 | N/A | +1.12% |
| 2012 | N/A | +3.04% |
| 2011 | N/A | +1.28% |
| 2010 | N/A | +2.81% |
| 2009 | N/A | -1.14% |
PAAA vs SPSB Drawdown Comparison
The maximum drawdown for PAAA was -1.04%, occurring on Apr 10, 2025. Recovery took 17 trading sessions.
The maximum drawdown for SPSB was -11.75%, occurring on Mar 19, 2020. Recovery took 51 trading sessions.
The current SPSB drawdown is -0.17%.
| Rank | PAAA | SPSB |
|---|---|---|
| #1 | -1.04% Apr 1, 2025 - Apr 25, 2025 | -11.75% Mar 5, 2020 - May 18, 2020 |
| #2 | -0.27% Feb 7, 2024 - Feb 22, 2024 | -5.96% Sep 14, 2021 - Nov 28, 2023 |
| #3 | -0.25% Mar 3, 2025 - Mar 27, 2025 | -1.39% Aug 1, 2011 - Jan 10, 2012 |
| #4 | -0.17% Feb 26, 2026 - Mar 17, 2026 | -1.28% Dec 17, 2009 - Jul 14, 2010 |
| #5 | -0.17% Nov 24, 2023 - Nov 29, 2023 | -1.02% Nov 4, 2010 - Jan 28, 2011 |
| #6 | -0.16% Mar 27, 2025 - Apr 1, 2025 | -0.93% Sep 7, 2017 - Jul 30, 2018 |
| #7 | -0.12% Oct 14, 2025 - Oct 20, 2025 | -0.87% Feb 23, 2026 - Apr 17, 2026 |
| #8 | -0.09% Mar 5, 2024 - Mar 13, 2024 | -0.78% May 6, 2013 - Sep 18, 2013 |
| #9 | -0.08% Aug 9, 2024 - Aug 14, 2024 | -0.77% Apr 3, 2025 - Apr 25, 2025 |
| #10 | -0.08% Feb 20, 2025 - Feb 26, 2025 | -0.73% Oct 22, 2015 - Mar 16, 2016 |
| #11 | -0.06% May 2, 2025 - May 8, 2025 | -0.69% Sep 6, 2016 - Feb 6, 2017 |
| #12 | -0.06% May 8, 2025 - May 12, 2025 | -0.63% May 15, 2015 - Oct 6, 2015 |
| #13 | -0.06% Nov 12, 2024 - Nov 15, 2024 | -0.63% Oct 2, 2024 - Dec 4, 2024 |
| #14 | -0.06% Nov 15, 2024 - Nov 21, 2024 | -0.62% Oct 21, 2014 - Jan 27, 2015 |
| #15 | -0.05% Jan 23, 2024 - Jan 29, 2024 | -0.56% Feb 3, 2012 - Feb 28, 2012 |
Correlation
Correlation between PAAA and SPSB is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
Dividend Comparison (2009 - 2026)
PAAA vs SPSB dividend yield comparison.
| Year | PAAA | SPSB |
|---|---|---|
| 2026 | 1.88% | 1.78% |
| 2025 | 5.12% | 4.55% |
| 2024 | 5.88% | 4.85% |
| 2023 | 2.76% | 4.06% |
| 2022 | 0.00% | 1.92% |
| 2021 | 0.00% | 1.19% |
| 2020 | 0.00% | 1.94% |
| 2019 | 0.00% | 2.77% |
| 2018 | 0.00% | 2.36% |
| 2017 | 0.00% | 1.94% |
| 2016 | 0.00% | 1.65% |
| 2015 | 0.00% | 1.43% |
| 2014 | 0.00% | 1.26% |
| 2013 | 0.00% | 1.40% |
| 2012 | 0.00% | 1.55% |
| 2011 | 0.00% | 1.95% |
| 2010 | 0.00% | 2.05% |
| 2009 | 0.00% | 0.04% |
Select Stocks to Compare
Popular: PAAA vs SPYSPSB vs SPY
More Comparisons
Compare with similar stocks