HIMY vs. JSI

Last updated Jun 5, 2026

HIMY (Defiance Leveraged Long + Income HIMS ETF) and JSI (Janus Henderson Securitized Income ETF) are both exchange-traded funds - HIMY is a Leveraged Equities fund actively managed by Defiance, while JSI is a Short-Term Bond fund actively managed by Janus Henderson. Both are actively managed. At a correlation of -0.10, they often move in opposite directions. HIMY charges 1.51%/yr vs 0.50%/yr for JSI.

Performance

HIMY vs. JSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Leveraged Long + Income HIMS ETF (HIMY) 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, HIMY achieves a -13.23% return, which is significantly lower than JSI's 1.14% return.

HIMY

• 1D: 0.00%
• 1M: 0.00%
• YTD: -13.23%
• 6M: -39.80%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JSI

• 1D: 0.16%
• 1M: 0.34%
• YTD: 1.14%
• 6M: 1.63%
• 1Y: 4.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HIMY vs. JSI - Yearly Performance Comparison

	2026 (YTD)	2025
HIMY Defiance Leveraged Long + Income HIMS ETF	-13.23%	-47.75%
JSI Janus Henderson Securitized Income ETF	1.14%	1.42%

Correlation

The correlation between HIMY and JSI 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 (All Time) Calculated using the full available price history since Aug 20, 2025	-0.10

Return for Risk

HIMY vs. JSI — Risk / Return Rank

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

JSI

JSI Risk / Return Rank: 60
JSI Sharpe Ratio Rank: 61
JSI Sortino Ratio Rank: 59
JSI Omega Ratio Rank: 70
JSI Calmar Ratio Rank: 58
JSI Martin Ratio Rank: 54

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.

HIMY vs. JSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Leveraged Long + Income HIMS ETF (HIMY) 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.

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

Sharpe Ratios by Period

	HIMY	JSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.71	2.50	-3.21

Drawdowns

HIMY vs. JSI - Drawdown Comparison

The maximum HIMY drawdown since its inception was -76.38%, which is greater than JSI's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for HIMY and JSI.

Drawdown Indicators

	HIMY	JSI	Difference
Max Drawdown Largest peak-to-trough decline	-76.38%	-2.31%	-74.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.68%	—
Current Drawdown Current decline from peak	-74.01%	-0.30%	-73.71%
Average Drawdown Average peak-to-trough decline	-53.75%	-0.34%	-53.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.52%	—

Volatility

Volatility by Period

	HIMY	JSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	92.72%	2.38%	+90.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	92.72%	2.88%	+89.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	92.72%	2.88%	+89.84%

HIMY vs. JSI - Expense Ratio Comparison

HIMY has a 1.51% expense ratio, which is higher than JSI's 0.50% expense ratio.

Dividends

HIMY vs. JSI - Dividend Comparison

HIMY's dividend yield for the trailing twelve months is around 102.38%, more than JSI's 5.80% yield.

Position	TTM	2025	2024	2023
HIMY Defiance Leveraged Long + Income HIMS ETF	102.38%	81.61%	0.00%	0.00%
JSI Janus Henderson Securitized Income ETF	5.80%	5.80%	6.16%	0.84%

Frequently Asked Questions

Can I hold both HIMY and JSI in my portfolio?

HIMY and JSI 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.

Which ETF is better, HIMY or JSI?

On fees, JSI is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HIMY or JSI?

JSI is cheaper with a 0.50% expense ratio, compared with 1.51% for HIMY.

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

HIMY has the higher dividend yield at 102.38%, compared with 5.80% for JSI.

What is the main difference between HIMY and JSI?

HIMY is categorized as Leveraged Equities, while JSI is Short-Term Bond. They also come from different issuers: Defiance and Janus Henderson. Their fees differ too: 1.51% for HIMY and 0.50% for JSI.