JAAE.DE vs. JCLD.DE

Last updated Apr 2, 2026

Compare and contrast key facts about Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc (JAAE.DE) and Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Dist (JCLD.DE).

JAAE.DE and JCLD.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JAAE.DE is an actively managed fund by Janus Henderson. It was launched on Apr 22, 2025. JCLD.DE is an actively managed fund by Janus Henderson. It was launched on Jul 23, 2025.

Performance

JAAE.DE vs. JCLD.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc (JAAE.DE) and Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Dist (JCLD.DE). The values are adjusted to include any dividend payments, if applicable.

JAAE.DE vs. JCLD.DE - Yearly Performance Comparison

	2026 (YTD)	2025
JAAE.DE Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc	0.40%	1.23%
JCLD.DE Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Dist	0.47%	1.11%

Returns By Period

In the year-to-date period, JAAE.DE achieves a 0.40% return, which is significantly lower than JCLD.DE's 0.47% return.

JAAE.DE

• 1D: 0.21%
• 1M: 0.08%
• YTD: 0.40%
• 6M: 1.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JCLD.DE

• 1D: 0.03%
• 1M: -0.05%
• YTD: 0.47%
• 6M: 1.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JAAE.DE vs. JCLD.DE - Expense Ratio Comparison

Both JAAE.DE and JCLD.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

JAAE.DE

Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc

JCLD.DE

Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Dist

Return for Risk

JAAE.DE vs. JCLD.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc (JAAE.DE) and Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Dist (JCLD.DE). 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

	JAAE.DE	JCLD.DE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	3.66	3.65	+0.02

Correlation

The correlation between JAAE.DE and JCLD.DE is 0.26, 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.

Dividends

JAAE.DE vs. JCLD.DE - Dividend Comparison

JAAE.DE has not paid dividends to shareholders, while JCLD.DE's dividend yield for the trailing twelve months is around 1.84%.

	TTM	2025
JAAE.DE Janus Henderson USD AAA CLO Active Core UCITS ETF EUR-Hedged Acc	0.00%	0.00%
JCLD.DE Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Dist	1.84%	1.13%

Drawdowns

JAAE.DE vs. JCLD.DE - Drawdown Comparison

The maximum JAAE.DE drawdown since its inception was -0.40%, which is greater than JCLD.DE's maximum drawdown of -0.29%. Use the drawdown chart below to compare losses from any high point for JAAE.DE and JCLD.DE.

Drawdown Indicators

	JAAE.DE	JCLD.DE	Difference
Max Drawdown Largest peak-to-trough decline	-0.40%	-0.29%	-0.11%
Current Drawdown Current decline from peak	-0.18%	-0.11%	-0.07%
Average Drawdown Average peak-to-trough decline	-0.04%	-0.05%	+0.01%

Volatility

Volatility by Period

	JAAE.DE	JCLD.DE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.87%	0.64%	+0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.87%	0.64%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.87%	0.64%	+0.23%