FSIG vs. JSI

Last updated Jun 23, 2026

FSIG (First Trust Limited Duration Investment Grade Corporate ETF) and JSI (Janus Henderson Securitized Income ETF) are both Short-Term Bond funds. Both are actively managed. Over the past year, FSIG returned 3.77% vs 3.75% for JSI. A 0.69 correlation means they provide meaningful diversification when combined. FSIG charges 0.55%/yr vs 0.50%/yr for JSI.

Performance

FSIG vs. JSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Limited Duration Investment Grade Corporate ETF (FSIG) and Janus Henderson Securitized Income ETF (JSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSIG achieves a 0.38% return, which is significantly lower than JSI's 0.86% return.

FSIG

• 1D: -0.05%
• 1M: 0.27%
• YTD: 0.38%
• 6M: 0.54%
• 1Y: 3.77%
• 3Y*: 5.18%
• 5Y*: —
• 10Y*: —

JSI

• 1D: 0.05%
• 1M: 0.23%
• YTD: 0.86%
• 6M: 1.04%
• 1Y: 3.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FSIG vs. JSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FSIG First Trust Limited Duration Investment Grade Corporate ETF	0.38%	6.66%	4.22%	3.46%
JSI Janus Henderson Securitized Income ETF	0.86%	6.46%	7.27%	3.29%

Correlation

The correlation between FSIG and JSI is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	0.69

The correlation between FSIG and JSI shifts across timeframes, from 0.57 (1 year) to 0.69 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FSIG vs. JSI — Risk / Return Rank

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

FSIG

FSIG Risk / Return Rank: 54
FSIG Sharpe Ratio Rank: 51
FSIG Sortino Ratio Rank: 53
FSIG Omega Ratio Rank: 56
FSIG Calmar Ratio Rank: 50
FSIG Martin Ratio Rank: 58

JSI

JSI Risk / Return Rank: 47
JSI Sharpe Ratio Rank: 46
JSI Sortino Ratio Rank: 44
JSI Omega Ratio Rank: 51
JSI Calmar Ratio Rank: 47
JSI Martin Ratio Rank: 45

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.

FSIG vs. JSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Limited Duration Investment Grade Corporate ETF (FSIG) and Janus Henderson Securitized Income ETF (JSI). 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.

	FSIG	JSI	Difference
Sharpe ratio: Return per unit of total volatility	1.68	1.55	+0.13
Sortino ratio: Return per unit of downside risk	2.51	2.13	+0.38
Omega ratio: Gain probability vs. loss probability	1.34	1.31	+0.03
Calmar ratio: Return relative to maximum drawdown	2.44	2.24	+0.19
Martin ratio: Return relative to average drawdown	9.98	7.15	+2.83

FSIG vs. JSI - Sharpe Ratio Comparison

The current FSIG Sharpe Ratio is 1.68, which is comparable to the JSI Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of FSIG and JSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSIG vs. JSI - Drawdown Comparison

The maximum FSIG drawdown since its inception was -6.93%, which is greater than JSI's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for FSIG and JSI.

Drawdown Indicators

	FSIG	JSI	Difference
Max Drawdown Largest peak-to-trough decline	-6.93%	-2.31%	-4.62%
Max Drawdown (1Y) Largest decline over 1 year	-1.55%	-1.68%	+0.13%
Max Drawdown (3Y) Largest decline over 3 years	-1.55%	—	—
Current Drawdown Current decline from peak	-0.32%	-0.58%	+0.26%
Average Drawdown Average peak-to-trough decline	-1.67%	-0.34%	-1.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	0.53%	-0.15%

Volatility

FSIG vs. JSI - Volatility Comparison

The current volatility for First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is 0.67%, while Janus Henderson Securitized Income ETF (JSI) has a volatility of 0.74%. This indicates that FSIG experiences smaller price fluctuations and is considered to be less risky than JSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSIG	JSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.67%	0.74%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	1.87%	1.63%	+0.24%
Volatility (1Y) Calculated over the trailing 1-year period	2.25%	2.44%	-0.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.96%	2.88%	+0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.96%	2.88%	+0.08%

FSIG vs. JSI - Expense Ratio Comparison

FSIG has a 0.55% expense ratio, which is higher than JSI's 0.50% expense ratio.

Dividends

FSIG vs. JSI - Dividend Comparison

FSIG's dividend yield for the trailing twelve months is around 4.81%, less than JSI's 5.81% yield.

Position	TTM	2025	2024	2023	2022	2021
FSIG First Trust Limited Duration Investment Grade Corporate ETF	4.81%	4.73%	4.61%	4.42%	2.48%	0.12%
JSI Janus Henderson Securitized Income ETF	5.81%	5.80%	6.16%	0.84%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FSIG and JSI in my portfolio?

FSIG and JSI have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSIG or JSI?

JSI has higher volatility (0.74%) compared to FSIG (0.67%). In terms of maximum drawdown, FSIG dropped -6.93% vs JSI's -2.31%.

Which ETF is better, FSIG or JSI?

On 1-year performance, FSIG leads with 3.77% vs 3.75% for JSI. On fees, JSI is cheaper at 0.50% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FSIG or JSI?

Over the 1-year period, FSIG has performed better with a 3.77% return vs 3.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FSIG or JSI?

JSI is cheaper with a 0.50% expense ratio, compared with 0.55% for FSIG.

Which ETF pays a higher dividend yield, FSIG or JSI?

JSI has the higher dividend yield at 5.81%, compared with 4.81% for FSIG.

What is the main difference between FSIG and JSI?

They also come from different issuers: First Trust and Janus Henderson. Their fees differ too: 0.55% for FSIG and 0.50% for JSI.

Which has better risk-adjusted returns?

FSIG currently has the higher Sharpe Ratio (1.68 vs 1.55), 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.