Janus Henderson Short Duration Income ETF (VNLA) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with VNLA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VNLA
VNLA charges 0.23% annually. There are 47 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 758.60M | Sep 2022 | VNLA vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | VNLA vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | VNLA vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | VNLA vs TRSY | |
| Global X 1-3 Month T-Bill ETF | 0.07% | 2.56B | Jun 2023 | VNLA vs CLIP |
Best Risk-Adjusted Alternatives to VNLA
VNLA has a PortfoliosLab risk / return rank of 98. There are 45 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 95.28B | May 2020 | VNLA vs SGOV | |
| Invesco Short Term Treasury ETF | 100 | 2.58B | Jan 2017 | VNLA vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.54B | May 2007 | VNLA vs BIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.09B | Jun 2023 | VNLA vs BILZ | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | VNLA vs VBIL |
Top Performing VNLA Alternatives (YTD)
VNLA is at 1.67% YTD. There are 34 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 4.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| CrossingBridge Ultra-Short Duration ETF | 4.97% | 14.84M | Sep 2021 | VNLA vs CUSD | |
| American Century Multisector Floating Income ETF | 2.74% | 22.70M | Mar 2023 | VNLA vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.39% | 1.34B | Aug 2022 | VNLA vs CSHI | |
| VanEck IG Floating Rate ETF | 2.19% | 2.81B | Apr 2011 | VNLA vs FLTR | |
| Simplify Treasury Option Income ETF | 2.12% | 465.86M | Oct 2022 | VNLA vs BUCK |
Lowest Volatility Alternatives to VNLA
VNLA has 0.64% 1-year volatility. There are 42 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Short Term Treasury ETF | 0.19% | 2.58B | Jan 2017 | VNLA vs TBLL | |
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 95.28B | May 2020 | VNLA vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.54B | May 2007 | VNLA vs BIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.09B | Jun 2023 | VNLA vs BILZ | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.81B | Jan 2007 | VNLA vs SHV |
Lowest Drawdown Alternatives to VNLA
VNLA has a 1-year max drawdown of -0.43%. There are 54 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Short Term Treasury ETF | -0.01% | 2.58B | Jan 2017 | VNLA vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.54B | May 2007 | VNLA vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | VNLA vs VBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 95.28B | May 2020 | VNLA vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.02% | 1.09B | Jun 2023 | VNLA vs BILZ |
Other ETFs from Janus Henderson
The 10 most viewed Janus Henderson ETFs shown here include JAAA, JBBB, JSI and span 8 categories. AUM among these funds goes as high as $28B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Janus Henderson AAA CLO ETF | CLO | 98 | 2.07% | 28.22B | Oct 2020 | VNLA vs JAAA | |
| Janus Henderson B-BBB CLO ETF | CLO | 42 | 1.67% | 1.21B | Jan 2022 | VNLA vs JBBB | |
| Janus Henderson Securitized Income ETF | Short-Term Bond | 47 | 0.86% | 1.52B | Nov 2023 | VNLA vs JSI | |
| Janus Henderson Mortgage-Backed Securities ETF | Mortgage Backed Securities | 44 | 0.77% | 6.84B | Sep 2018 | VNLA vs JMBS | |
| Janus Henderson Small/Mid Cap Growth Alpha ETF | Mid Cap Growth Equities | 39 | 19.16% | 1.07B | Feb 2016 | VNLA vs JSMD | |
| Janus Henderson Small Cap Growth Alpha ETF | Small Cap Growth Equities | 55 | 23.76% | 349.76M | Feb 2016 | VNLA vs JSML | |
| Janus Henderson U.S. Real Estate ETF | 48 | 18.21% | 4.10M | Jun 2021 | VNLA vs JRE | ||
| Janus Henderson Transformational Growth ETF | Large Cap Growth Equities | 38 | 13.32% | — | Feb 2025 | VNLA vs JXX | |
| Janus Henderson Corporate Bond ETF | Corporate Bonds | 43 | 0.56% | 30.29M | Sep 2021 | VNLA vs SCRD | |
| Janus Henderson Income ETF | Multisector Bonds | 62 | 1.56% | 182.27M | Nov 2024 | VNLA vs JIII |
Often Compared With VNLA
Investors most often compare VNLA with GSY, VUSB, JBND. These 18 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare VNLA with Any Fund or Stock
Compare VNLA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VNLA with funds that move differently
Janus Henderson Short Duration Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VNLA.
Explore VNLA Diversifiers