CHSJ.DE vs. JAAE.DE

Last updated Apr 3, 2026

Compare and contrast key facts about UBS EUR AAA CLO UCITS ETF EUR Acc (CHSJ.DE) and Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc (JAAE.DE).

CHSJ.DE and JAAE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHSJ.DE is a passively managed fund by UBS that tracks the performance of the J.P. Morgan European Collateralised Loan Obligation Index AAA sub-set (€-CLOIE AAA). It was launched on Jul 1, 2025. JAAE.DE is an actively managed fund by Janus Henderson. It was launched on Apr 22, 2025.

Performance

CHSJ.DE vs. JAAE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in UBS EUR AAA CLO UCITS ETF EUR Acc (CHSJ.DE) and Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc (JAAE.DE). The values are adjusted to include any dividend payments, if applicable.

CHSJ.DE vs. JAAE.DE - Yearly Performance Comparison

	2026 (YTD)	2025
CHSJ.DE UBS EUR AAA CLO UCITS ETF EUR Acc	0.51%	1.78%
JAAE.DE Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc	0.40%	1.39%

Returns By Period

In the year-to-date period, CHSJ.DE achieves a 0.51% return, which is significantly higher than JAAE.DE's 0.40% return.

CHSJ.DE

• 1D: 0.14%
• 1M: 0.06%
• YTD: 0.51%
• 6M: 1.32%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JAAE.DE

• 1D: 0.21%
• 1M: -0.01%
• YTD: 0.40%
• 6M: 1.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CHSJ.DE vs. JAAE.DE - Expense Ratio Comparison

Both CHSJ.DE and JAAE.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

CHSJ.DE

UBS EUR AAA CLO UCITS ETF EUR Acc

JAAE.DE

Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc

Return for Risk

CHSJ.DE vs. JAAE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UBS EUR AAA CLO UCITS ETF EUR Acc (CHSJ.DE) and Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc (JAAE.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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CHSJ.DE	JAAE.DE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.36	3.66	-1.30

Correlation

The correlation between CHSJ.DE and JAAE.DE is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CHSJ.DE vs. JAAE.DE - Dividend Comparison

Neither CHSJ.DE nor JAAE.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

CHSJ.DE vs. JAAE.DE - Drawdown Comparison

The maximum CHSJ.DE drawdown since its inception was -0.38%, smaller than the maximum JAAE.DE drawdown of -0.40%. Use the drawdown chart below to compare losses from any high point for CHSJ.DE and JAAE.DE.

Drawdown Indicators

	CHSJ.DE	JAAE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-0.38%	-0.40%	+0.02%
Current Drawdown Current decline from peak	-0.17%	-0.18%	+0.01%
Average Drawdown Average peak-to-trough decline	-0.07%	-0.04%	-0.03%

Volatility

Volatility by Period

	CHSJ.DE	JAAE.DE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.32%	0.87%	+0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.32%	0.87%	+0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.32%	0.87%	+0.45%