CMBS vs JAAA
iShares CMBS ETF compared with Janus Henderson AAA CLO ETF on yield, payout growth, payment schedule, cost and risk.
CMBS
iShares CMBS ETF
TTM yield · Monthly
JAAA
Janus Henderson AAA CLO ETF
TTM yield · Monthly
Quick take
- JAAA yields more today: 4.89% vs 3.64% (forward).
- Both pay every month.
- Over the last year JAAA delivered the higher total return: +4.4% vs +2.0% (price change plus payouts).
- JAAA is cheaper to own: 0.20% vs 0.25% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | CMBS | JAAA |
|---|---|---|
| Share price | $48.18 | $50.58 |
| TTM yield | 3.64% | 4.89% |
| Forward yield | 3.64% | 4.89% |
| Annual payout per share | $1.755 | $2.473 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.25% | 0.20% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 97/100 | 92/100 |
| 1-year total return | +2.0% | +4.4% |
| 1-year price return | -1.6% | -0.5% |
| Size (market cap / AUM) | 470.0M | 30.2B |
| Years paying | 14.4 | 5.8 |
| Sector / category | Securitized Bond - Focused | Securitized Bond - Focused |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| CMBS | JAAA | |
|---|---|---|
| Shares | 207.6 | 197.7 |
| Income per year | $364 | $489 |
| Income per month (avg) | $30 | $41 |
At forward yields, before taxes. Model CMBS · Model JAAA
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| CMBS Oct 1, 2026 | Oct 15, 2026 | $0.1462 | Est. |
| CMBS Oct 31, 2026 | Nov 14, 2026 | $0.1462 | Est. |
| CMBS Nov 30, 2026 | Dec 14, 2026 | $0.1462 | Est. |
| JAAA Oct 1, 2026 | Oct 15, 2026 | $0.2061 | Est. |
| JAAA Nov 1, 2026 | Nov 15, 2026 | $0.2061 | Est. |
| JAAA Dec 2, 2026 | Dec 16, 2026 | $0.2061 | Est. |
Annual payouts per share
CMBSJAAA
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, CMBS or JAAA?
JAAA currently has the higher trailing yield: CMBS yields 3.64% and JAAA yields 4.89%. Yield changes daily with price, so check the live figures above.
How often do CMBS and JAAA pay?
CMBS pays every month and JAAA pays every month. CMBS's next ex-date is Oct 1, 2026 and JAAA's is Oct 1, 2026.
Is CMBS or JAAA better for income?
It depends on what you are optimising for. CMBS and JAAA differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.