CPB vs. JAAA
CPB (Campbell Soup Company) is a stock, while JAAA (Janus Henderson AAA CLO ETF) is CLO fund actively managed by Janus Henderson. Over the past 5 years, CPB returned -10.11%/yr vs 4.80%/yr for JAAA. At a 0.02 correlation, their price movements are largely independent.
Performance
CPB vs. JAAA - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CPB achieves a -17.56% return, which is significantly lower than JAAA's 2.07% return.
CPB
- 1D
- 4.86%
- 1M
- 8.07%
- YTD
- -17.56%
- 6M
- -18.00%
- 1Y
- -26.81%
- 3Y*
- -17.89%
- 5Y*
- -10.11%
- 10Y*
- -6.69%
JAAA
- 1D
- 0.00%
- 1M
- 0.29%
- YTD
- 2.07%
- 6M
- 2.25%
- 1Y
- 4.99%
- 3Y*
- 6.58%
- 5Y*
- 4.80%
- 10Y*
- —
CPB vs. JAAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
CPB Campbell Soup Company | -17.56% | -30.47% | 0.09% | -21.45% | 34.84% | -7.19% | -1.21% |
JAAA Janus Henderson AAA CLO ETF | 2.07% | 5.16% | 7.43% | 8.59% | 0.49% | 1.39% | 0.76% |
Correlation
The correlation between CPB and JAAA is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2020 | 0.02 |
The correlation between CPB and JAAA shifts across timeframes, from -0.10 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.
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
CPB vs. JAAA — Risk / Return Rank
CPB
JAAA
CPB vs. JAAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Campbell Soup Company (CPB) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CPB | JAAA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.99 | ||
| Sortino ratioReturn per unit of downside risk | -11.32 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 2.76 | -1.90 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 12.91 | -13.61 |
| Martin ratioReturn relative to average drawdown | -1.25 | 69.99 | -71.24 |
Loading charts...
Drawdowns
CPB vs. JAAA - Drawdown Comparison
The maximum CPB drawdown since its inception was -64.65%, which is greater than JAAA's maximum drawdown of -2.64%. Use the drawdown chart below to compare losses from any high point for CPB and JAAA.
Loading charts...
Drawdown Indicators
| CPB | JAAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.65% | -2.64% | -62.01% |
Max Drawdown (1Y)Largest decline over 1 year | -38.53% | -0.39% | -38.14% |
Max Drawdown (3Y)Largest decline over 3 years | -58.07% | -1.46% | -56.61% |
Max Drawdown (5Y)Largest decline over 5 years | -60.04% | -2.64% | -57.40% |
Max Drawdown (10Y)Largest decline over 10 years | -60.04% | — | — |
Current DrawdownCurrent decline from peak | -55.56% | -0.02% | -55.54% |
Average DrawdownAverage peak-to-trough decline | -22.21% | -0.25% | -21.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.52% | 0.07% | +21.45% |
Volatility
CPB vs. JAAA - Volatility Comparison
Campbell Soup Company (CPB) has a higher volatility of 10.71% compared to Janus Henderson AAA CLO ETF (JAAA) at 0.11%. This indicates that CPB's price experiences larger fluctuations and is considered to be riskier than JAAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CPB | JAAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.71% | 0.11% | +10.60% |
Volatility (6M)Calculated over the trailing 6-month period | 23.13% | 0.63% | +22.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.34% | 0.82% | +29.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.31% | 1.67% | +22.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.70% | 1.63% | +24.07% |
Dividends
CPB vs. JAAA - Dividend Comparison
CPB's dividend yield for the trailing twelve months is around 7.01%, more than JAAA's 4.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPB Campbell Soup Company | 7.01% | 5.60% | 3.53% | 3.42% | 2.61% | 3.41% | 2.90% | 2.83% | 4.24% | 2.91% | 2.13% | 2.37% |
JAAA Janus Henderson AAA CLO ETF | 4.99% | 5.30% | 6.35% | 6.11% | 2.74% | 1.21% | 0.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CPB and JAAA have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPB has higher volatility (10.71%) compared to JAAA (0.11%). In terms of maximum drawdown, CPB dropped -64.65% vs JAAA's -2.64%.
JAAA currently has the higher Sharpe Ratio (6.11 vs -0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for CPB and JAAA
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