Janus Henderson Income ETF (JIII) belongs to the Multisector Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with JIII. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to JIII
JIII charges 0.54% annually. There are 24 ETFs in the Multisector Bonds category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.20% | 452.48M | Nov 2023 | JIII vs SOFR | |
| Columbia Diversified Fixed Income Allocation ETF | 0.29% | 437.78M | Oct 2017 | JIII vs DIAL | |
| Vanguard Multi-Sector Income Bond ETF | 0.30% | — | Jun 2025 | JIII vs VGMS | |
| American Century Multisector Income ETF | 0.36% | 247.75M | Jun 2021 | JIII vs MUSI | |
| Allspring Income Plus ETF | 0.36% | — | Dec 2024 | JIII vs AINP |
Best Risk-Adjusted Alternatives to JIII
JIII has a PortfoliosLab risk / return rank of 61. There are 19 ETFs in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 98 | 452.48M | Nov 2023 | JIII vs SOFR | |
| Obra High Grade Structured Products ETF | 98 | 29.65M | Apr 2024 | JIII vs OGSP | |
| Palmer Square Credit Opportunities ETF | 97 | 101.21M | Sep 2024 | JIII vs PSQO | |
| VictoryShares Pioneer Asset-Based Income ETF | 96 | 56.41M | Jun 2025 | JIII vs ABI | |
| JPMorgan Income ETF | 95 | 10.22B | Oct 2021 | JIII vs JPIE |
Top Performing JIII Alternatives (YTD)
JIII is at 1.19% YTD. There are 25 ETFs in the Multisector Bonds category with higher YTD returns, going as high as 4.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Man Active Income ETF | 4.94% | 20.24M | Sep 2025 | JIII vs MANI | |
| Bluemonte Diversified Income ETF | 4.27% | 106.47M | Jun 2025 | JIII vs BLUI | |
| VictoryShares Pioneer Asset-Based Income ETF | 3.41% | 56.41M | Jun 2025 | JIII vs ABI | |
| Obra Opportunistic Structured Products ETF | 3.25% | 36.96M | Apr 2024 | JIII vs OOSP | |
| Simplify Opportunistic Income ETF | 2.81% | 36.02M | Jun 2023 | JIII vs CRDT |
Lowest Volatility Alternatives to JIII
JIII has 3.66% 1-year volatility. There are 36 ETFs in the Multisector Bonds category with lower 1-year volatility, going as low as 0.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.89% | 452.48M | Nov 2023 | JIII vs SOFR | |
| State Street IG Public & Private ABS ETF | 1.08% | 24.89M | Mar 2026 | JIII vs PRAB | |
| VictoryShares Pioneer Asset-Based Income ETF | 1.26% | 56.41M | Jun 2025 | JIII vs ABI | |
| Obra High Grade Structured Products ETF | 1.53% | 29.65M | Apr 2024 | JIII vs OGSP | |
| JPMorgan Income ETF | 1.64% | 10.22B | Oct 2021 | JIII vs JPIE |
Lowest Drawdown Alternatives to JIII
JIII has a 1-year max drawdown of -2.27%. There are 16 ETFs in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | -0.41% | 452.48M | Nov 2023 | JIII vs SOFR | |
| Obra High Grade Structured Products ETF | -0.44% | 29.65M | Apr 2024 | JIII vs OGSP | |
| Palmer Square Credit Opportunities ETF | -0.66% | 101.21M | Sep 2024 | JIII vs PSQO | |
| VictoryShares Pioneer Asset-Based Income ETF | -0.95% | 56.41M | Jun 2025 | JIII vs ABI | |
| JPMorgan Income ETF | -1.15% | 10.22B | Oct 2021 | JIII vs JPIE |
Other ETFs from Janus Henderson
The 10 most viewed Janus Henderson ETFs shown here include JAAA, JBBB, VNLA and span 9 categories. AUM among these funds goes as high as $29B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Janus Henderson AAA CLO ETF | CLO | 99 | 2.60% | 29.22B | Oct 2020 | JIII vs JAAA | |
| Janus Henderson B-BBB CLO ETF | CLO | 60 | 2.73% | 1.41B | Jan 2022 | JIII vs JBBB | |
| Janus Henderson Short Duration Income ETF | Ultrashort Bond | 99 | 2.08% | 3.35B | Nov 2016 | JIII vs VNLA | |
| Janus Henderson Securitized Income ETF | Multisector Bonds | 62 | 1.23% | 1.50B | Nov 2023 | JIII vs JSI | |
| Janus Henderson Mortgage-Backed Securities ETF | Mortgage Backed Securities | 40 | -0.47% | 6.69B | Sep 2018 | JIII vs JMBS | |
| Janus Henderson Small/Mid Cap Growth Alpha ETF | Mid Cap Growth Equities | 33 | 13.78% | 1.05B | Feb 2016 | JIII vs JSMD | |
| Janus Henderson Small Cap Growth Alpha ETF | Small Cap Growth Equities | 52 | 19.28% | 362.68M | Feb 2016 | JIII vs JSML | |
| Janus Henderson U.S. Real Estate ETF | REIT | 83 | 21.26% | 4.21M | Jun 2021 | JIII vs JRE | |
| Janus Henderson Transformational Growth ETF | Large Cap Growth Equities | 29 | 9.07% | — | Feb 2025 | JIII vs JXX | |
| Janus Henderson Corporate Bond ETF | Corporate Bonds | 31 | -0.82% | 30.29M | Sep 2021 | JIII vs SCRD |
Often Compared With JIII
Investors most often compare JIII with JOJO, DMX, XAGG. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare JIII with Any Fund or Stock
Compare JIII with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair JIII with funds that move differently
Janus Henderson Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to JIII.
Explore JIII Diversifiers