- CUSIP
- 47103U753
- Issuer
- Janus Henderson
- Inception Date
- Jan 11, 2022
- Category
- CLO
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $1B
Share Price Chart
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Performance
JBBB Performance Chart
Janus Henderson B-BBB CLO ETF (JBBB) is up 1.7% since the beginning of the year. JBBB is currently trading at $47 per share.
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Returns By Period
Janus Henderson B-BBB CLO ETF (JBBB) has returned 1.71% so far this year and 5.32% over the past 12 months.
Janus Henderson B-BBB CLO ETF
- 1D
- -0.17%
- 1M
- 0.21%
- YTD
- 1.71%
- 6M
- 1.86%
- 1Y
- 5.32%
- 3Y*
- 10.02%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
JBBB Monthly Returns History
Based on dividend-adjusted daily data since Jan 12, 2022, JBBB's average daily return is +0.03%, while the average monthly return is +0.55%. At this rate, an investment would double in approximately 10.5 years.
Historically, 78% of months were positive and 22% were negative. The best month was Jan 2023 with a return of +4.2%, while the worst month was Sep 2022 at -5.1%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 2 months.
On a daily basis, JBBB closed higher 58% of trading days. The best single day was Oct 4, 2022 with a return of +3.0%, while the worst single day was Jun 13, 2022 at -2.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.81% | -1.85% | 0.25% | 2.15% | 0.37% | -0.00% | 1.71% | ||||||
| 2025 | 0.94% | 0.02% | -0.29% | -0.60% | 1.84% | 0.32% | 1.22% | 0.52% | -0.03% | 0.67% | 0.31% | 0.41% | 5.43% |
| 2024 | 1.21% | 0.50% | 1.51% | 0.77% | 1.12% | 0.58% | 0.73% | 0.09% | 0.81% | 1.61% | 0.70% | 2.11% | 12.38% |
| 2023 | 4.22% | 0.38% | -2.82% | 2.87% | 0.27% | 1.78% | 3.78% | 1.46% | 0.51% | -0.45% | 2.23% | 2.34% | 17.63% |
| 2022 | 0.17% | -0.83% | -0.61% | 0.48% | -5.04% | -2.06% | 0.28% | 2.11% | -5.06% | 0.98% | 3.83% | 0.07% | -5.88% |
Benchmark Metrics
Janus Henderson B-BBB CLO ETF has an annualized alpha of 5.85%, beta of 0.08, and R2 of 0.07 versus S&P 500 Index. Calculated based on daily prices since January 12, 2022.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (19.56%) than losses (1.58%) - typical of diversified or defensive assets.
- Beta of 0.08 may look defensive, but with R2 of 0.07 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 0.07 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
- 5.85%
- Beta
- 0.08
- R²
- 0.07
- Upside Capture
- 19.56%
- Downside Capture
- 1.58%
Expense Ratio
JBBB has an expense ratio of 0.49%, placing it in the medium range.
Return for Risk
Risk / Return Rank
JBBB ranks 48 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Janus Henderson B-BBB CLO ETF (JBBB) 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.
| JBBB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.17 | 2.78 | -0.62 |
| Martin ratioReturn relative to average drawdown | 7.30 | 12.44 | -5.14 |
Dividends
Dividend History
Janus Henderson B-BBB CLO ETF provided a 7.14% dividend yield over the last twelve months, with an annual payout of $3.38 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $3.38 | $4.01 | $4.49 | $4.17 | $2.55 |
Dividend yield | 7.14% | 8.41% | 9.13% | 8.71% | 5.71% |
Monthly Dividends
The table displays the monthly dividend distributions for Janus Henderson B-BBB 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 | $0.25 | $0.25 | $0.22 | $0.24 | $0.23 | $0.00 | $1.18 | ||||||
| 2025 | $0.00 | $0.27 | $0.55 | $0.32 | $0.38 | $0.51 | $0.33 | $0.25 | $0.27 | $0.29 | $0.30 | $0.55 | $4.01 |
| 2024 | $0.00 | $0.30 | $0.31 | $0.25 | $0.30 | $0.36 | $0.28 | $0.33 | $0.43 | $0.35 | $0.31 | $1.28 | $4.49 |
| 2023 | $0.00 | $0.29 | $0.34 | $0.33 | $0.31 | $0.37 | $0.35 | $0.31 | $0.40 | $0.34 | $0.32 | $0.82 | $4.17 |
| 2022 | $0.14 | $0.13 | $0.14 | $0.22 | $0.18 | $0.19 | $0.28 | $0.25 | $0.25 | $0.77 | $2.55 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Janus Henderson B-BBB 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 B-BBB CLO ETF was 10.57%, occurring on Sep 30, 2022. Recovery took 187 trading sessions.
The current Janus Henderson B-BBB CLO ETF drawdown is 0.90%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -10.57%Sep 2022 | 7mo 22d | 9mo 3d | 1y 4moFeb 2022 - Jun 2023 |
2025 selloff2025 | -3.82%Apr 2025 | 1mo 24d | 1mo 7d | 3mo 1dFeb 2025 - May 2025 |
2026 pullback2026 | -2.46%Mar 2026 | 27d | 1mo 29d | 2mo 26dFeb 2026 - Apr 2026 |
2023 pullback2023 | -1.66%Nov 2023 | 1mo 11d | 14d | 1mo 25dSep 2023 - Nov 2023 |
2024 pullback2024 | -1.50%Aug 2024 | 5d | 29d | 1mo 4dJul 2024 - Sep 2024 |
Drawdown Indicators
| JBBB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.57% | -56.78% | +46.21% |
Max Drawdown (1Y)Largest decline over 1 year | -2.46% | -9.10% | +6.64% |
Max Drawdown (3Y)Largest decline over 3 years | -3.82% | -18.90% | +15.08% |
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 | -0.90% | -1.80% | +0.90% |
Average DrawdownAverage peak-to-trough decline | -1.57% | -10.71% | +9.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.73% | 2.03% | -1.30% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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