- Issuer
- Janus Henderson
- Inception Date
- Feb 18, 2026
- Category
- CLO
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
JA Performance Chart
Loading charts...
Returns By Period
Janus Henderson AA-A CLO ETF
- 1D
- 0.02%
- 1M
- 0.30%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 1.18%
- 1M
- -1.84%
- YTD
- 8.69%
- 6M
- 7.74%
- 1Y
- 20.53%
- 3Y*
- 18.69%
- 5Y*
- 11.60%
- 10Y*
- 13.47%
JA Monthly Returns History
Based on dividend-adjusted daily data since Feb 19, 2026, JA's average daily return is +0.02%, while the average monthly return is +0.33%. At this rate, an investment would double in approximately 17.5 years.
Historically, 100% of months were positive and 0% were negative. The best month was Apr 2026 with a return of +0.7%, while the worst month was Feb 2026 at 0.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 0 months.
On a daily basis, JA closed higher 68% of trading days. The best single day was Apr 28, 2026 with a return of +0.5%, while the worst single day was Apr 27, 2026 at -0.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.08% | 0.18% | 0.66% | 0.41% | 0.30% | 1.64% |
Benchmark Metrics
Janus Henderson AA-A CLO ETF has an annualized alpha of 4.85%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since February 19, 2026.
- This ETF captured 4.57% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -9.14%) - a profile typical of hedging or uncorrelated assets.
- Beta of -0.01 may look defensive, but with R2 of 0.00 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.00 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.85%
- Beta
- -0.01
- R²
- 0.00
- Upside Capture
- 4.57%
- Downside Capture
- -9.14%
Expense Ratio
JA has an expense ratio of 0.29%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Janus Henderson AA-A CLO ETF (JA) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JA | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.27 | — |
| Martin ratioReturn relative to average drawdown | — | 9.90 | — |
Dividends
Dividend History
Janus Henderson AA-A CLO ETF provided a 1.28% dividend yield over the last twelve months, with an annual payout of $0.64 per share.
| Period | TTM |
|---|---|
| Dividend | $0.64 |
Dividend yield | 1.28% |
Monthly Dividends
The table displays the monthly dividend distributions for Janus Henderson AA-A CLO ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.26 | $0.21 | $0.18 | $0.00 | $0.64 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Janus Henderson AA-A CLO ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Janus Henderson AA-A CLO ETF was 0.51%, occurring on Apr 27, 2026. Recovery took 1 trading session.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 pullback2026 | -0.51%Apr 2026 | 0s | 1d | 1dApr 2026 - Apr 2026 |
2026 pullback2026 | -0.37%Mar 2026 | 9d | 19d | 28dFeb 2026 - Mar 2026 |
2026 pullback2026 | -0.11%Apr 2026 | 1d | 2d | 3dApr 2026 - Apr 2026 |
2026 pullback2026 | -0.07%May 2026 | 0s | 3d | 3dMay 2026 - May 2026 |
2026 pullback2026 | -0.07%Jun 2026 | 0s | 4d | 4dJun 2026 - Jun 2026 |
Drawdown Indicators
| JA | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.51% | -56.78% | +56.27% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -2.23% | +2.23% |
Average DrawdownAverage peak-to-trough decline | -0.05% | -10.71% | +10.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.08% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with JA
Add Janus Henderson AA-A CLO ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with JA