- CUSIP
- 47103U738
- Issuer
- Janus Henderson
- Inception Date
- Aug 13, 2024
- Region
- Emerging Markets (Broad)
- Category
- Emerging Markets Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $497M
Share Price Chart
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Performance
JEMB Performance Chart
Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB) is up 3.1% since the beginning of the year. JEMB is currently trading at $54 per share.
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Returns By Period
Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB) has returned 3.14% so far this year and 12.78% over the past 12 months.
Janus Henderson Emerging Markets Debt Hard Currency ETF
- 1D
- -0.67%
- 1M
- 1.96%
- YTD
- 3.14%
- 6M
- 3.53%
- 1Y
- 12.78%
- 3Y*
- —
- 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%
JEMB Monthly Returns History
Based on dividend-adjusted daily data since Aug 14, 2024, JEMB's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, an investment would double in approximately 7.3 years.
Historically, 74% of months were positive and 26% were negative. The best month was Jun 2025 with a return of +2.7%, while the worst month was Mar 2026 at -3.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.
On a daily basis, JEMB closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +2.6%, while the worst single day was Apr 10, 2025 at -3.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.45% | 1.94% | -3.06% | 2.31% | 1.57% | -0.02% | 3.14% | ||||||
| 2025 | 1.86% | 2.14% | -0.93% | -0.97% | 1.49% | 2.73% | 0.83% | 1.72% | 1.84% | 2.15% | 0.28% | 0.66% | 14.63% |
| 2024 | 0.80% | 2.22% | -1.80% | 1.97% | -2.12% | 0.99% |
Benchmark Metrics
Janus Henderson Emerging Markets Debt Hard Currency ETF has an annualized alpha of 5.75%, beta of 0.24, and R2 of 0.21 versus S&P 500 Index. Calculated based on daily prices since August 14, 2024.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (37.83%) than losses (24.64%) - typical of diversified or defensive assets.
- Beta of 0.24 may look defensive, but with R2 of 0.21 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 0.21 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
- 5.75%
- Beta
- 0.24
- R²
- 0.21
- Upside Capture
- 37.83%
- Downside Capture
- 24.64%
Expense Ratio
JEMB has an expense ratio of 0.52%, placing it in the medium range.
Return for Risk
Risk / Return Rank
JEMB ranks 53 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 Emerging Markets Debt Hard Currency ETF (JEMB) 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.
| JEMB | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.37 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.75 | 2.78 | -0.04 |
| Martin ratioReturn relative to average drawdown | 11.20 | 12.44 | -1.24 |
Dividends
Dividend History
Janus Henderson Emerging Markets Debt Hard Currency ETF provided a 6.25% dividend yield over the last twelve months, with an annual payout of $3.37 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $3.37 | $3.32 | $1.26 |
Dividend yield | 6.25% | 6.19% | 2.53% |
Monthly Dividends
The table displays the monthly dividend distributions for Janus Henderson Emerging Markets Debt Hard Currency 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 | $0.29 | $0.27 | $0.27 | $0.27 | $0.28 | $0.00 | $1.38 | ||||||
| 2025 | $0.00 | $0.30 | $0.27 | $0.25 | $0.29 | $0.23 | $0.26 | $0.29 | $0.27 | $0.26 | $0.27 | $0.65 | $3.32 |
| 2024 | $0.30 | $0.31 | $0.65 | $1.26 |
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 Emerging Markets Debt Hard Currency 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 Emerging Markets Debt Hard Currency ETF was 5.37%, occurring on Apr 10, 2025. Recovery took 37 trading sessions.
The current Janus Henderson Emerging Markets Debt Hard Currency ETF drawdown is 0.67%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -5.37%Apr 2025 | 1mo 8d | 1mo 25d | 3mo 3dMar 2025 - Jun 2025 |
2026 pullback2026 | -4.67%Mar 2026 | 29d | 2mo 10d | 3mo 9dFeb 2026 - May 2026 |
2025 pullback2025 | -3.65%Jan 2025 | 1mo | 1mo 16d | 2mo 16dDec 2024 - Feb 2025 |
2024 pullback2024 | -3.15%Nov 2024 | 1mo 5d | 1mo 4d | 2mo 9dOct 2024 - Dec 2024 |
2025 pullback2025 | -1.25%Oct 2025 | 0s | 7d | 7dOct 2025 - Oct 2025 |
Drawdown Indicators
| JEMB | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.37% | -56.78% | +51.41% |
Max Drawdown (1Y)Largest decline over 1 year | -4.67% | -9.10% | +4.43% |
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 | -0.67% | -1.80% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -1.00% | -10.71% | +9.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 2.03% | -0.89% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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