CIVI vs. JAAA

Last updated Jun 4, 2026

CIVI (Civitas Resources, Inc.) is a stock, while JAAA (Janus Henderson AAA CLO ETF) is CLO fund actively managed by Janus Henderson. At a 0.06 correlation, their price movements are largely independent.

Performance

CIVI vs. JAAA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Civitas Resources, Inc. (CIVI) and Janus Henderson AAA CLO ETF (JAAA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CIVI

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JAAA

• 1D: -0.02%
• 1M: 0.39%
• YTD: 1.87%
• 6M: 2.45%
• 1Y: 5.06%
• 3Y*: 6.71%
• 5Y*: 4.79%
• 10Y*: —

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

CIVI vs. JAAA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CIVI Civitas Resources, Inc.	1.07%	-37.07%	-27.22%	31.55%	31.00%	159.28%	-3.45%
JAAA Janus Henderson AAA CLO ETF	1.87%	5.16%	7.43%	8.59%	0.49%	1.39%	0.79%

Correlation

The correlation between CIVI and JAAA is 0.01, 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	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (All Time) Calculated using the full available price history since Oct 20, 2020	0.06

Return for Risk

CIVI vs. JAAA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JAAA

JAAA Risk / Return Rank: 98
JAAA Sharpe Ratio Rank: 98
JAAA Sortino Ratio Rank: 99
JAAA Omega Ratio Rank: 99
JAAA Calmar Ratio Rank: 98
JAAA Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CIVI vs. JAAA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Civitas Resources, Inc. (CIVI) and Janus Henderson AAA CLO ETF (JAAA). 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

	CIVI	JAAA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	5.98	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	2.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.77	—

Drawdowns

Drawdown Indicators

	CIVI	JAAA	Difference
Max Drawdown Largest peak-to-trough decline	—	-2.64%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.39%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-1.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-2.64%	—
Current Drawdown Current decline from peak	—	-0.02%	—
Average Drawdown Average peak-to-trough decline	—	-0.25%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.07%	—

Volatility

Volatility by Period

	CIVI	JAAA	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	0.85%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	1.68%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	1.64%	—

Dividends

CIVI vs. JAAA - Dividend Comparison

CIVI's dividend yield for the trailing twelve months is around 5.48%, more than JAAA's 5.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
CIVI Civitas Resources, Inc.	5.48%	7.38%	10.83%	11.11%	10.85%	2.37%	0.00%
JAAA Janus Henderson AAA CLO ETF	5.00%	5.30%	6.35%	6.11%	2.74%	1.21%	0.26%

Frequently Asked Questions

Can I hold both CIVI and JAAA in my portfolio?

CIVI and JAAA have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.