DEED vs. JMBS
DEED (First Trust TCW Securitized Plus ETF) and JMBS (Janus Henderson Mortgage-Backed Securities ETF) are both Mortgage Backed Securities funds. Both are actively managed. Over the past 5 years, DEED returned 0.04%/yr vs 0.48%/yr for JMBS. Their 0.77 correlation means they have sometimes moved together and sometimes differently. DEED charges 0.65%/yr vs 0.32%/yr for JMBS.
Performance
DEED vs. JMBS - Performance Comparison
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Returns By Period
In the year-to-date period, DEED achieves a 0.17% return, which is significantly higher than JMBS's -0.27% return.
DEED
- 1D
- 0.28%
- 1M
- -1.31%
- 6M
- 0.06%
- YTD
- 0.17%
- 1Y
- 4.10%
- 3Y*
- 5.52%
- 5Y*
- 0.04%
- 10Y*
- —
- ALL TIME*
- 1.08%
JMBS
- 1D
- 0.20%
- 1M
- -1.31%
- 6M
- -0.59%
- YTD
- -0.27%
- 1Y
- 3.64%
- 3Y*
- 4.74%
- 5Y*
- 0.48%
- 10Y*
- —
- ALL TIME*
- 2.16%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.15M | $2.08M | $938.84K | |
| $30.70M | $28.03M | $29.90M |
DEED vs. JMBS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DEED First Trust TCW Securitized Plus ETF | 0.17% | 8.91% | 3.19% | 6.43% | -16.03% | 1.62% | 4.61% |
JMBS Janus Henderson Mortgage-Backed Securities ETF | -0.27% | 8.82% | 1.53% | 5.66% | -11.40% | -0.32% | 3.18% |
Correlation
The correlation between DEED and JMBS is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.78 |
Correlation (3Y) Balances recent behavior with more history. | 0.85 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 2020 | 0.77 |
The correlation between DEED and JMBS has been stable across timeframes, ranging from 0.77 to 0.85 - a consistent structural relationship.
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Return for Risk
DEED vs. JMBS — Risk / Return Rank
DEED
JMBS
DEED vs. JMBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust TCW Securitized Plus ETF (DEED) and Janus Henderson Mortgage-Backed Securities ETF (JMBS). 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.
| DEED | JMBS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.15 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | 1.20 | +0.10 |
| Martin ratioReturn relative to average drawdown | 3.18 | 3.23 | -0.05 |
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Drawdowns
DEED vs. JMBS - Drawdown Comparison
The maximum DEED drawdown since its inception was -19.96%, which is greater than JMBS's maximum drawdown of -16.68%. Use the drawdown chart below to compare losses from any high point for DEED and JMBS.
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Drawdown Indicators
| DEED | JMBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.96% | -16.68% | -3.28% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | -3.05% | -0.13% |
Max Drawdown (3Y)Largest decline over 3 years | -6.57% | -6.67% | +0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -19.96% | -16.64% | -3.32% |
Current DrawdownCurrent decline from peak | -2.19% | -2.41% | +0.22% |
Average DrawdownAverage peak-to-trough decline | -6.48% | -3.85% | -2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 1.13% | +0.16% |
Volatility
DEED vs. JMBS - Volatility Comparison
First Trust TCW Securitized Plus ETF (DEED) and Janus Henderson Mortgage-Backed Securities ETF (JMBS) have volatilities of 1.23% and 1.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DEED | JMBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.23% | 1.18% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 3.11% | 3.48% | -0.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.87% | 4.21% | -0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.58% | 6.54% | +0.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.93% | 5.50% | +0.43% |
DEED vs. JMBS - Expense Ratio Comparison
DEED has a 0.65% expense ratio, which is higher than JMBS's 0.32% expense ratio.
Dividends
DEED vs. JMBS - Dividend Comparison
DEED's dividend yield for the trailing twelve months is around 4.46%, less than JMBS's 5.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DEED First Trust TCW Securitized Plus ETF | 4.46% | 4.10% | 5.73% | 5.59% | 2.43% | 1.93% | 1.60% | 0.00% | 0.00% |
JMBS Janus Henderson Mortgage-Backed Securities ETF | 5.29% | 5.03% | 5.53% | 4.38% | 2.73% | 1.16% | 2.92% | 3.63% | 0.89% |
Frequently Asked Questions
DEED and JMBS have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DEED has higher volatility (1.23%) compared to JMBS (1.18%). In terms of maximum drawdown, DEED dropped -19.96% vs JMBS's -16.68%.
On 5-year performance, JMBS leads with 0.48% vs 0.04% for DEED. On fees, JMBS is cheaper at 0.32% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, JMBS has performed better with a 0.48% return vs 0.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JMBS is cheaper with a 0.32% expense ratio, compared with 0.65% for DEED.
JMBS has the higher dividend yield at 5.29%, compared with 4.46% for DEED.
They also come from different issuers: First Trust and Janus Henderson. Their fees differ too: 0.65% for DEED and 0.32% for JMBS.
DEED currently has the higher Sharpe Ratio (1.07 vs 0.87), 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.
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