Janus Henderson Equity Linked Moderate Income ETF (JELM)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Based on dividend-adjusted daily data since Apr 22, 2026, JELM's average daily return is +0.03%, while the average monthly return is +0.47%. At this rate, an investment would double in approximately 12.3 years.

Historically, 80% of months were positive and 20% were negative. The best month was Jul 2026 with a return of +1.2%, while the worst month was Aug 2026 at -0.3%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 1 months.

On a daily basis, JELM closed higher 53% of trading days. The best single day was Jul 31, 2026 with a return of +0.8%, while the worst single day was Apr 24, 2026 at -0.5%.

Janus Henderson Equity Linked Moderate Income ETF has an annualized alpha of 7.74%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since April 22, 2026.

• This ETF captured 6.37% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -134.21%) - 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.

JELM has an expense ratio of 0.59%, placing it in the medium range.

Janus Henderson Equity Linked Moderate Income ETF provided a 1.21% dividend yield over the last twelve months, with an annual payout of $0.31 per share.

The table displays the monthly dividend distributions for Janus Henderson Equity Linked Moderate Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Janus Henderson Equity Linked Moderate Income 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 Equity Linked Moderate Income ETF was 0.69%, occurring on Jun 9, 2026. Recovery took 14 trading sessions.

The current Janus Henderson Equity Linked Moderate Income ETF drawdown is 0.25%.

The chart below shows the rolling one-month volatility.