DANA vs. JABS

Last updated Jul 17, 2026

DANA (Dana Limited Volatility ETF) and JABS (Janus Henderson Asset-Backed Securities ETF) are both Short-Term Bond funds. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. DANA charges 0.35%/yr vs 0.33%/yr for JABS.

Performance

DANA vs. JABS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dana Limited Volatility ETF (DANA) and Janus Henderson Asset-Backed Securities ETF (JABS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DANA achieves a 0.63% return, which is significantly lower than JABS's 1.82% return.

DANA

• 1D: 0.08%
• 1M: 0.08%
• 6M: 0.37%
• YTD: 0.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JABS

• 1D: 0.13%
• 1M: 0.20%
• 6M: 1.84%
• YTD: 1.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DANA vs. JABS - Yearly Performance Comparison

	2026 (YTD)	2025
DANA Dana Limited Volatility ETF	0.63%	1.25%
JABS Janus Henderson Asset-Backed Securities ETF	1.82%	0.51%

Correlation

The correlation between DANA and JABS is 0.09, 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 (All Time) Calculated using the full available price history since Dec 3, 2025	0.09

Return for Risk

DANA vs. JABS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dana Limited Volatility ETF (DANA) and Janus Henderson Asset-Backed Securities ETF (JABS). 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.

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

Drawdowns

DANA vs. JABS - Drawdown Comparison

The maximum DANA drawdown since its inception was -1.04%, which is greater than JABS's maximum drawdown of -0.97%. Use the drawdown chart below to compare losses from any high point for DANA and JABS.

Drawdown Indicators

	DANA	JABS	Difference
Max Drawdown Largest peak-to-trough decline	-1.04%	-0.97%	-0.07%
Current Drawdown Current decline from peak	-0.28%	0.00%	-0.28%
Average Drawdown Average peak-to-trough decline	-0.50%	-0.17%	-0.33%

Volatility

Volatility by Period

	DANA	JABS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.85%	1.96%	+0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.85%	1.96%	+0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.85%	1.96%	+0.89%

DANA vs. JABS - Expense Ratio Comparison

DANA has a 0.35% expense ratio, which is higher than JABS's 0.33% expense ratio.

Dividends

DANA vs. JABS - Dividend Comparison

DANA's dividend yield for the trailing twelve months is around 1.82%, less than JABS's 4.58% yield.

Position	TTM	2025
DANA Dana Limited Volatility ETF	1.82%	0.29%
JABS Janus Henderson Asset-Backed Securities ETF	4.58%	2.19%

Frequently Asked Questions

Can I hold both DANA and JABS in my portfolio?

DANA and JABS have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DANA or JABS?

On fees, JABS is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, DANA or JABS?

JABS is cheaper with a 0.33% expense ratio, compared with 0.35% for DANA.

Which ETF pays a higher dividend yield, DANA or JABS?

JABS has the higher dividend yield at 4.58%, compared with 1.82% for DANA.

What is the main difference between DANA and JABS?

They also come from different issuers: Dana and Janus Henderson. Their fees differ too: 0.35% for DANA and 0.33% for JABS.