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Janus Henderson Emerging Markets Debt Hard Currenc...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB)

ETF · Currency in USD · Last updated Apr 14, 2026

The Janus Henderson Emerging Markets Debt Hard Currency ETF is an actively managed bond ETF investing primarily in sovereign, quasi-sovereign, supranational, and corporate emerging-market hard-currency debt.

ETF Info

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

Share Price Chart

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Janus Henderson Emerging Markets Debt Hard Currency ETF

Performance

JEMB Performance Chart

Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB) is up 1.4% since the beginning of the year. JEMB is currently trading at $54 per share.

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S&P 500 Index

Returns By Period

Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB) has returned 1.39% so far this year and 16.88% over the past 12 months.

Janus Henderson Emerging Markets Debt Hard Currency ETF

1D
0.69%
1M
1.57%
YTD
1.39%
6M
3.41%
1Y
16.88%
3Y*
—
5Y*
—
10Y*
—

Benchmark (S&P 500 Index)

1D
1.02%
1M
3.83%
YTD
0.60%
6M
3.48%
1Y
28.39%
3Y*
18.51%
5Y*
10.79%
10Y*
12.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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 +0.82%. At this rate, an investment would double in approximately 7.1 years.

Historically, 76% of months were positive and 24% 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%.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.45%1.94%-3.06%2.14%1.39%
20251.86%2.14%-0.93%-0.97%1.49%2.73%0.83%1.72%1.84%2.15%0.28%0.66%14.63%
20241.60%2.22%-1.80%1.97%-2.12%1.79%

Benchmark Metrics

Janus Henderson Emerging Markets Debt Hard Currency ETF has an annualized alpha of 7.29%, beta of 0.23, and R² of 0.20 versus S&P 500 Index. Calculated based on daily prices since August 15, 2024.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (46.59%) than losses (26.54%) — typical of diversified or defensive assets.
  • Beta of 0.23 may look defensive, but with R² of 0.20 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 0.20 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
7.29%
Beta
0.23
R²
0.20
Upside Capture
46.59%
Downside Capture
26.54%

Expense Ratio

JEMB has an expense ratio of 0.52%, placing it in the medium range.

Return for Risk

Risk / Return Rank

JEMB ranks 57 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.

JEMB Risk / Return Rank: 5757
Overall Rank
JEMB Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
JEMB Sortino Ratio Rank: 5555
Sortino Ratio Rank
JEMB Omega Ratio Rank: 6262
Omega Ratio Rank
JEMB Calmar Ratio Rank: 5151
Calmar Ratio Rank
JEMB Martin Ratio Rank: 6464
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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 a chosen benchmark (S&P 500 Index).

JEMBBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.10

2.17

-0.07

Sortino ratio

Return per unit of downside risk

3.04

3.02

+0.02

Omega ratio

Gain probability vs. loss probability

1.42

1.41

+0.02

Calmar ratio

Return relative to maximum drawdown

3.01

2.88

+0.13

Martin ratio

Return relative to average drawdown

13.14

13.00

+0.14

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Explore JEMB risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

JEMB Sortino RatioJEMB Sharpe Ratio

Dividends

Dividend History

Janus Henderson Emerging Markets Debt Hard Currency ETF provided a 6.24% dividend yield over the last twelve months, with an annual payout of $3.34 per share.

3.00%4.00%5.00%6.00%$0.00$0.50$1.00$1.50$2.00$2.50$3.00$3.5020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$3.34$3.32$1.26

Dividend yield

6.24%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.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.29$0.27$0.27$0.00$0.83
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 1.26%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-5.37%Mar 3, 202529Apr 10, 202537Jun 4, 202566
-4.67%Feb 19, 202622Mar 20, 2026———
-3.65%Dec 11, 202420Jan 10, 202530Feb 25, 202550
-3.15%Oct 2, 202426Nov 6, 202423Dec 10, 202449
-1.25%Oct 14, 20251Oct 14, 20255Oct 21, 20256

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Portfolio Analyzer

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