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JAAA vs. SEIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JAAA and SEIX is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

JAAA vs. SEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson AAA CLO ETF (JAAA) and Virtus Seix Senior Loan ETF (SEIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

JAAA:

3.35

SEIX:

2.44

Sortino Ratio

JAAA:

4.29

SEIX:

3.40

Omega Ratio

JAAA:

2.28

SEIX:

1.79

Calmar Ratio

JAAA:

4.07

SEIX:

1.99

Martin Ratio

JAAA:

28.02

SEIX:

10.34

Ulcer Index

JAAA:

0.21%

SEIX:

0.58%

Daily Std Dev

JAAA:

1.78%

SEIX:

2.42%

Max Drawdown

JAAA:

-2.60%

SEIX:

-17.51%

Current Drawdown

JAAA:

0.00%

SEIX:

-0.05%

Returns By Period

In the year-to-date period, JAAA achieves a 1.53% return, which is significantly higher than SEIX's 0.68% return.


JAAA

YTD

1.53%

1M

1.57%

6M

2.42%

1Y

5.92%

5Y*

N/A

10Y*

N/A

SEIX

YTD

0.68%

1M

2.03%

6M

2.00%

1Y

5.87%

5Y*

6.65%

10Y*

N/A

*Annualized

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JAAA vs. SEIX - Expense Ratio Comparison

JAAA has a 0.21% expense ratio, which is lower than SEIX's 0.57% expense ratio.


Risk-Adjusted Performance

JAAA vs. SEIX — Risk-Adjusted Performance Rank

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

JAAA
The Risk-Adjusted Performance Rank of JAAA is 9898
Overall Rank
The Sharpe Ratio Rank of JAAA is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of JAAA is 9898
Sortino Ratio Rank
The Omega Ratio Rank of JAAA is 9999
Omega Ratio Rank
The Calmar Ratio Rank of JAAA is 9797
Calmar Ratio Rank
The Martin Ratio Rank of JAAA is 9898
Martin Ratio Rank

SEIX
The Risk-Adjusted Performance Rank of SEIX is 9696
Overall Rank
The Sharpe Ratio Rank of SEIX is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of SEIX is 9696
Sortino Ratio Rank
The Omega Ratio Rank of SEIX is 9898
Omega Ratio Rank
The Calmar Ratio Rank of SEIX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of SEIX is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

JAAA vs. SEIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson AAA CLO ETF (JAAA) and Virtus Seix Senior Loan ETF (SEIX). 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 3.35, which is higher than the SEIX Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of JAAA and SEIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

JAAA vs. SEIX - Dividend Comparison

JAAA's dividend yield for the trailing twelve months is around 6.04%, less than SEIX's 7.66% yield.


TTM202420232022202120202019
JAAA
Janus Henderson AAA CLO ETF
6.04%6.35%6.10%2.77%1.21%0.26%0.00%
SEIX
Virtus Seix Senior Loan ETF
7.66%8.09%8.74%5.76%3.66%3.75%3.35%

Drawdowns

JAAA vs. SEIX - Drawdown Comparison

The maximum JAAA drawdown since its inception was -2.60%, smaller than the maximum SEIX drawdown of -17.51%. Use the drawdown chart below to compare losses from any high point for JAAA and SEIX. For additional features, visit the drawdowns tool.


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Volatility

JAAA vs. SEIX - Volatility Comparison

The current volatility for Janus Henderson AAA CLO ETF (JAAA) is 0.53%, while Virtus Seix Senior Loan ETF (SEIX) has a volatility of 0.69%. This indicates that JAAA experiences smaller price fluctuations and is considered to be less risky than SEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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