ARAW.DE vs. JCL0.DE
ARAW.DE (abrdn Future Raw Materials UCITS ETF) and JCL0.DE (Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Acc) are both exchange-traded funds - ARAW.DE is a Materials fund actively managed by abrdn, while JCL0.DE is a CLO fund actively managed by Janus Henderson. Both are actively managed. Over the past year, ARAW.DE returned 137.40% vs 3.17% for JCL0.DE. At a 0.03 correlation, their price movements are largely independent. ARAW.DE charges 0.45%/yr vs 0.25%/yr for JCL0.DE.
Performance
ARAW.DE vs. JCL0.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ARAW.DE achieves a 26.31% return, which is significantly higher than JCL0.DE's 1.30% return.
ARAW.DE
- 1D
- -2.07%
- 1M
- 2.74%
- YTD
- 26.31%
- 6M
- 36.73%
- 1Y
- 137.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JCL0.DE
- 1D
- 0.09%
- 1M
- 0.43%
- YTD
- 1.30%
- 6M
- 1.52%
- 1Y
- 3.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARAW.DE vs. JCL0.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
ARAW.DE abrdn Future Raw Materials UCITS ETF | 26.31% | 94.76% |
JCL0.DE Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Acc | 1.30% | 2.30% |
Correlation
The correlation between ARAW.DE and JCL0.DE is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since May 14, 2025 | 0.03 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ARAW.DE vs. JCL0.DE — Risk / Return Rank
ARAW.DE
JCL0.DE
ARAW.DE vs. JCL0.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for abrdn Future Raw Materials UCITS ETF (ARAW.DE) and Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Acc (JCL0.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ARAW.DE | JCL0.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.77 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 6.69 | 6.95 | -0.25 |
| Martin ratioReturn relative to average drawdown | 25.81 | 37.63 | -11.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ARAW.DE | JCL0.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.36 | 3.27 | +1.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 4.33 | 2.71 | +1.62 |
Drawdowns
ARAW.DE vs. JCL0.DE - Drawdown Comparison
The maximum ARAW.DE drawdown since its inception was -20.41%, which is greater than JCL0.DE's maximum drawdown of -0.70%. Use the drawdown chart below to compare losses from any high point for ARAW.DE and JCL0.DE.
Loading charts...
Drawdown Indicators
| ARAW.DE | JCL0.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.41% | -0.70% | -19.71% |
Max Drawdown (1Y)Largest decline over 1 year | -20.41% | -0.45% | -19.96% |
Current DrawdownCurrent decline from peak | -4.46% | 0.00% | -4.46% |
Average DrawdownAverage peak-to-trough decline | -3.15% | -0.08% | -3.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.30% | 0.08% | +5.22% |
Volatility
ARAW.DE vs. JCL0.DE - Volatility Comparison
abrdn Future Raw Materials UCITS ETF (ARAW.DE) has a higher volatility of 11.01% compared to Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Acc (JCL0.DE) at 0.29%. This indicates that ARAW.DE's price experiences larger fluctuations and is considered to be riskier than JCL0.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ARAW.DE | JCL0.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.01% | 0.29% | +10.72% |
Volatility (6M)Calculated over the trailing 6-month period | 25.93% | 0.79% | +25.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.38% | 0.97% | +30.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.66% | 1.27% | +29.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.66% | 1.27% | +29.39% |
ARAW.DE vs. JCL0.DE - Expense Ratio Comparison
ARAW.DE has a 0.45% expense ratio, which is higher than JCL0.DE's 0.25% expense ratio.
Dividends
ARAW.DE vs. JCL0.DE - Dividend Comparison
Neither ARAW.DE nor JCL0.DE has paid dividends to shareholders.
Frequently Asked Questions
ARAW.DE and JCL0.DE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JCL0.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JCL0.DE is cheaper with a 0.25% expense ratio, compared with 0.45% for ARAW.DE.
ARAW.DE is categorized as Materials, while JCL0.DE is CLO. They also come from different issuers: abrdn and Janus Henderson. Their fees differ too: 0.45% for ARAW.DE and 0.25% for JCL0.DE.
Find the right allocation for ARAW.DE and JCL0.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer