JAAA vs. QIS

In the year-to-date period, JAAA achieves a 1.49% return, which is significantly higher than QIS's -4.10% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

JAAA has a 0.21% expense ratio, which is lower than QIS's 1.00% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson AAA CLO ETF (JAAA) and Simplify Multi-Qis Alternative ETF (QIS). 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.

The current JAAA Sharpe Ratio is 3.32, which is higher than the QIS Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of JAAA and QIS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

JAAA's dividend yield for the trailing twelve months is around 6.05%, more than QIS's 2.43% yield.

The maximum JAAA drawdown since its inception was -2.60%, smaller than the maximum QIS drawdown of -24.02%. Use the drawdown chart below to compare losses from any high point for JAAA and QIS. For additional features, visit the drawdowns tool.

The current volatility for Janus Henderson AAA CLO ETF (JAAA) is 0.36%, while Simplify Multi-Qis Alternative ETF (QIS) has a volatility of 10.00%. This indicates that JAAA experiences smaller price fluctuations and is considered to be less risky than QIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.