- Issuer
- Janus Henderson
- Inception Date
- Nov 12, 2024
- Category
- Multisector Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $182M
Share Price Chart
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Performance
JIII Performance Chart
Janus Henderson Income ETF (JIII) is up 1.6% since the beginning of the year. JIII is currently trading at $50 per share.
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Returns By Period
Janus Henderson Income ETF (JIII) has returned 1.60% so far this year and 6.67% over the past 12 months.
Janus Henderson Income ETF
- 1D
- -0.15%
- 1M
- 1.10%
- YTD
- 1.60%
- 6M
- 1.88%
- 1Y
- 6.67%
- 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%
JIII Monthly Returns History
Based on dividend-adjusted daily data since Nov 13, 2024, JIII's average daily return is +0.03%, while the average monthly return is +0.51%. At this rate, an investment would double in approximately 11.4 years.
Historically, 80% of months were positive and 20% were negative. The best month was Jun 2025 with a return of +1.6%, while the worst month was Mar 2026 at -1.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.
On a daily basis, JIII closed higher 56% of trading days. The best single day was Apr 14, 2025 with a return of +0.8%, while the worst single day was Apr 7, 2025 at -1.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.39% | 0.79% | -1.35% | 1.12% | 0.30% | 0.35% | 1.60% | ||||||
| 2025 | 0.96% | 1.48% | -0.57% | -0.03% | 0.65% | 1.62% | 0.22% | 1.39% | 0.67% | 0.55% | 0.55% | 0.52% | 8.28% |
| 2024 | 1.08% | -0.54% | 0.54% |
Benchmark Metrics
Janus Henderson Income ETF has an annualized alpha of 5.07%, beta of 0.10, and R2 of 0.17 versus S&P 500 Index. Calculated based on daily prices since November 13, 2024.
- This ETF captured 19.90% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -3.89%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.10 may look defensive, but with R2 of 0.17 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 0.17 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
- 5.07%
- Beta
- 0.10
- R²
- 0.17
- Upside Capture
- 19.90%
- Downside Capture
- -3.89%
Expense Ratio
JIII has an expense ratio of 0.54%, placing it in the medium range.
Return for Risk
Risk / Return Rank
JIII ranks 61 for risk / return — better than 61% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Janus Henderson Income ETF (JIII) 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.
| JIII | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | 2.78 | +0.17 |
| Martin ratioReturn relative to average drawdown | 11.12 | 12.44 | -1.32 |
Dividends
Dividend History
Janus Henderson Income ETF provided a 7.40% dividend yield over the last twelve months, with an annual payout of $3.70 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $3.70 | $3.70 | $0.22 |
Dividend yield | 7.40% | 7.33% | 0.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Janus Henderson Income 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 | $0.24 | $0.27 | $0.27 | $0.25 | $0.25 | $0.00 | $1.29 | ||||||
| 2025 | $0.00 | $0.34 | $0.25 | $0.27 | $0.18 | $0.26 | $0.25 | $0.28 | $0.28 | $0.31 | $0.29 | $1.01 | $3.70 |
| 2024 | $0.22 | $0.22 |
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 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 Income ETF was 3.55%, occurring on Apr 11, 2025. Recovery took 36 trading sessions.
The current Janus Henderson Income ETF drawdown is 0.45%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -3.55%Apr 2025 | 1mo 8d | 1mo 24d | 3mo 2dMar 2025 - Jun 2025 |
2026 pullback2026 | -2.27%Mar 2026 | 25d | 21d | 1mo 16dMar 2026 - Apr 2026 |
2025 pullback2025 | -1.55%Jan 2025 | 1mo 2d | 18d | 1mo 20dDec 2024 - Jan 2025 |
2026 pullback2026 | -1.35%May 2026 | 12d | 27d | 1mo 9dMay 2026 - Jun 2026 |
2025 pullback2025 | -1.23%Nov 2025 | 19d | 1mo 7d | 1mo 26dOct 2025 - Dec 2025 |
Drawdown Indicators
| JIII | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.55% | -56.78% | +53.23% |
Max Drawdown (1Y)Largest decline over 1 year | -2.27% | -9.10% | +6.83% |
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 | -0.45% | -1.80% | +1.35% |
Average DrawdownAverage peak-to-trough decline | -0.49% | -10.71% | +10.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.60% | 2.03% | -1.43% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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