AAA
AAF First Priority CLO Bond ETF

Price: $25.00
Change: $0.0 (0.0%)
Category: Corporate Bonds
Last Updated:

Vitals

Brand AAF
Structure ETF
Expense Ratio 0.25%
ETF Home Page Home page
Inception Sep 09, 2020
Index Tracked ACTIVE - No Index

Analyst Report

Pending

Download the FactSet Analyst Insight Report here.

ETF Database Themes

Category Corporate Bonds
Asset Class Bond
Region (General) North America
Region (Specific) U.S.
Bond Duration All-Term

FactSet Classifications

  • Segment Fixed Income: U.S. - Corporate, Bank Loans Investment Grade Floating Rate
  • Category Corporate, Bank Loans
  • Focus Investment Grade
  • Niche Floating Rate
  • Strategy Active
  • Weighting Scheme Proprietary

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $24.63
  • 52 Week Hi $25.22
  • AUM $10.0 M
  • Shares 0.4 M

Historical Trading Data

  • 1 Month Avg. Volume 1,004
  • 3 Month Avg. Volume 602

Alternative ETFs in the ETF Database Corporate Bonds Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPBO 0.03% $425.5 M 112,150 -2.18%
Largest (AUM) VCIT 0.05% $45.3 B 3 M -2.39%
Most Liquid (Volume) LQD 0.14% $39.3 B 14 M -2.95%
Top YTD Performer IBHF 0.35% $20.3 M 1,276 3.58%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

AAA ETF Database Category Average FactSet Segment Average
Number of Holdings 29 872 29
% of Assets in Top 10 44.84% 16.75% 44.84%
% of Assets in Top 15 63.54% 20.26% 63.54%
% of Assets in Top 50 99.99% 36.99% 99.99%

Size Comparison

AAA ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

AAA Valuation

This section compares the P/E ratio of this ETF to its peers.

AAA
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
0.38
FactSet Segment Average
P/E Ratio
N/A

AAA Dividend

This section compares the dividend yield of this ETF to its peers.

AAA ETF Database Category Average FactSet Segment Average
Dividend $ 0.02 $ 0.07 $ 0.02
Dividend Date 2021-10-01 N/A N/A
Annual Dividend Rate $ 0.27 $ 0.91 $ 0.27
Annual Dividend Yield 1.09% 2.05% 1.09%

AAA Price and Volume Chart

AAA Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: 0 3 Month Net Flows: 0 6 Month Net Flows: 0 1 Year Net Flows: 0 3 Year Net Flows: 9.98 M 5 Year Net Flows: 9.98 M 10 Year Net Flows: 9.98 M

AAA Price vs Flows AUM Influence

View charts that break down the influence that fund flows and price had on overall assets.

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for AAA on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Corporate Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity n/a n/a
Expenses n/a n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

AAA Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

AAA
Expense Ratio
0.25%
ETF Database Category Average
Expense Ratio
0.17%
FactSet Segment Average
Expense Ratio
0.25%

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

AAA does not have an ESG score. There are no ESG themes that map to this ETF.

AAA Performance

This section shows how this ETF has performed relative to its peers.

AAA ETF Database
Category Average
Factset Segment
Average
1 Month Return 0.01% -1.16% 0.01%
3 Month Return 0.17% -1.21% 0.17%
YTD Return 0.53% -1.30% 0.53%
1 Year Return 1.29% 0.49% 1.29%
3 Year Return N/A 13.67% 0.00%
5 Year Return N/A 10.13% 0.00%

Geographic Exposure

The following charts reflect the geographic spread of AAA's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of AAA's underlying holdings.

Asset Percentage
Asset Backed Security 94.28%
Other 3.75%
CASH 1.96%
Bond Sector Percentage
Maturity Percentage
Less Than 1 Year 0.0%
1-3 Years 0.0%
3-5 Years 0.0%
5-7 Years 0.0%
7-10 Years 0.0%
10-15 Years 0.0%
15-20 Years 0.0%
20-30 Years 0.0%
30+ Years 0.0%
Asset Percentage
Asset Backed Security 94.28%
Other 3.75%
CASH 1.96%

AAA Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility
0.12%
Rank
88 of 88

20 Day Volatility
0.35%
Rank
86 of 88

50 Day Volatility
0.27%
Rank
86 of 88

200 Day Volatility
0.37%
Rank
86 of 88

Beta
0.05
Rank
77 of 88

Standard Deviation
0.08%
Rank
68 of 83

Technicals

  • 20 Day MA $25.00
  • 60 Day MA $24.99
  • MACD 15 Period n/a
  • MACD 100 Period 0.03
  • Williams % Range 10 Day 66.67
  • Williams % Range 20 Day 53.45
  • RSI 10 Day 58
  • RSI 20 Day 59
  • RSI 30 Day 60
  • Ultimate Oscillator 10

Bollinger Bands

  • Lower Bollinger (10 Day) $25.00
  • Upper Bollinger (10 Day) $25.01
  • Lower Bollinger (20 Day) $24.99
  • Upper Bollinger (20 Day) $25.01
  • Lower Bollinger (30 Day) $24.98
  • Upper Bollinger (30 Day) $25.01

Support & Resistance

  • Support Level 1 n/a
  • Support Level 2 $25.00
  • Resistance Level 1 n/a
  • Resistance Level 2 $25.00

Stochastic

  • Stochastic Oscillator %D (1 Day) 27.06
  • Stochastic Oscillator %D (5 Day) 7.56
  • Stochastic Oscillator %K (1 Day) 20.45
  • Stochastic Oscillator %K (5 Day) 17.84

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Data Lineage

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Analyst Report Authors

ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.

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