JABS vs. BLST

Last updated Jun 4, 2026

JABS (Janus Henderson Asset-Backed Securities ETF) and BLST (Bluemonte Short Term Bond ETF) are both Short-Term Bond funds. At a 0.19 correlation, their price movements are largely independent. JABS charges 0.33%/yr vs 0.23%/yr for BLST.

Performance

JABS vs. BLST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Asset-Backed Securities ETF (JABS) and Bluemonte Short Term Bond ETF (BLST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JABS achieves a 1.29% return, which is significantly higher than BLST's 0.25% return.

JABS

• 1D: -0.12%
• 1M: 0.33%
• YTD: 1.29%
• 6M: 1.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLST

• 1D: -0.10%
• 1M: 0.11%
• YTD: 0.25%
• 6M: 0.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JABS vs. BLST - Yearly Performance Comparison

	2026 (YTD)	2025
JABS Janus Henderson Asset-Backed Securities ETF	1.29%	2.49%
BLST Bluemonte Short Term Bond ETF	0.25%	2.76%

Correlation

The correlation between JABS and BLST is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.19

Return for Risk

JABS vs. BLST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Asset-Backed Securities ETF (JABS) and Bluemonte Short Term Bond ETF (BLST). 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

	JABS	BLST	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.23	1.51	+0.72

Drawdowns

JABS vs. BLST - Drawdown Comparison

The maximum JABS drawdown since its inception was -0.97%, smaller than the maximum BLST drawdown of -1.69%. Use the drawdown chart below to compare losses from any high point for JABS and BLST.

Drawdown Indicators

	JABS	BLST	Difference
Max Drawdown Largest peak-to-trough decline	-0.97%	-1.69%	+0.72%
Current Drawdown Current decline from peak	-0.12%	-0.92%	+0.80%
Average Drawdown Average peak-to-trough decline	-0.18%	-0.35%	+0.17%

Volatility

Volatility by Period

	JABS	BLST	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.00%	2.21%	-0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.00%	2.21%	-0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.00%	2.21%	-0.21%

JABS vs. BLST - Expense Ratio Comparison

JABS has a 0.33% expense ratio, which is higher than BLST's 0.23% expense ratio.

Dividends

JABS vs. BLST - Dividend Comparison

JABS's dividend yield for the trailing twelve months is around 4.19%, more than BLST's 3.38% yield.

Position	TTM	2025
BLST Bluemonte Short Term Bond ETF	3.38%	2.11%
JABS Janus Henderson Asset-Backed Securities ETF	4.19%	2.19%

Frequently Asked Questions

Can I hold both JABS and BLST in my portfolio?

JABS and BLST have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JABS or BLST?

On fees, BLST is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JABS or BLST?

BLST is cheaper with a 0.23% expense ratio, compared with 0.33% for JABS.

Which ETF pays a higher dividend yield, JABS or BLST?

JABS has the higher dividend yield at 4.19%, compared with 3.38% for BLST.

What is the main difference between JABS and BLST?

They also come from different issuers: Janus Henderson and Bluemonte. Their fees differ too: 0.33% for JABS and 0.23% for BLST.