What does CAAA track?

CAAA is the First Trust AAA CMBS ETF, a Other ETF.

What is the expense ratio of CAAA?

Expense ratio data for CAAA is shown on the page when available from our data provider.

What are the largest holdings in CAAA?

Top holdings include US 2YR NOTE (CBT) Dec26, US 10YR NOTE (CBT)Dec26, US 5YR NOTE (CBT) Dec26, US Dollar, US 10yr Ultra Fut Dec26.

How can PortView analyze CAAA overlap with other ETFs?

PortView computes the holdings overlap between CAAA and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

First Trust AAA CMBS (CAAA) ETF Holdings & Analysis

ETFOther

$20.12-0.04%

1-year price historyRange $20.09 – $20.79

52-week range$20.12

$20.05$20.85

What CAAA does

The First Trust AAA CMBS ETF aims to deliver the maximum possible long-term total return to its investors. Under normal market conditions, the Fund dedicates a significant portion—at least 80%—of its net assets (including any capital borrowed for investment purposes) to commercial mortgage-backed securities (CMBS). At the time of purchase, these CMBS must possess a 'AAA' credit rating or an equivalent high quality, as confirmed by at least one nationally recognized statistical rating organization (NRSRO). Alternatively, if a security is unrated, the Fund's Advisor will determine that it has a comparable credit quality at the point of acquisition.

Fund profile

Top holdings

	Holding	Weight
	US 2YR NOTE (CBT) Dec26	19.32%
	US 10YR NOTE (CBT)Dec26	4.52%
	US 5YR NOTE (CBT) Dec26	4.23%
	US Dollar	1.77%
	US 10yr Ultra Fut Dec26	1.31%
	BX Trust Series 2025-ARIA, Class A, Variable rate, due 12/13/2042	1.29%
	BX Trust Series 2025-DELC, Class A, Variable rate, due 12/15/2030	1.21%
	THE 2023-MIC Trust Series 2023-MIC, Class A, Variable rate, due 12/05/2038	1.11%
	SWCH Commercial Mortgage Trust Series 2025-DATA, Class A, Variable rate, due 02/15/2042	1.10%
	BSTN Commercial Mortgage Trust Series 2025-1C, Class A, Variable rate, due 06/15/2044	1.10%

Geographic allocation

Other

100.00%

PortView Portfolio Insights

PortView analyzes how CAAA fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

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Related securities

Frequently asked questions

What does CAAA track?: CAAA is the First Trust AAA CMBS ETF, a Other ETF.
What is the expense ratio of CAAA?: Expense ratio data for CAAA is shown on the page when available from our data provider.
What are the largest holdings in CAAA?: Top holdings include US 2YR NOTE (CBT) Dec26, US 10YR NOTE (CBT)Dec26, US 5YR NOTE (CBT) Dec26, US Dollar, US 10yr Ultra Fut Dec26.
How can PortView analyze CAAA overlap with other ETFs?: PortView computes the holdings overlap between CAAA and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.