JABS vs. DANA

Last updated Jul 17, 2026

JABS (Janus Henderson Asset-Backed Securities ETF) and DANA (Dana Limited Volatility ETF) are both Short-Term Bond funds. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. JABS charges 0.33%/yr vs 0.35%/yr for DANA.

Performance

JABS vs. DANA - Performance Comparison

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

Returns By Period

In the year-to-date period, JABS achieves a 1.82% return, which is significantly higher than DANA's 0.63% return.

JABS

• 1D: 0.13%
• 1M: 0.20%
• 6M: 1.84%
• YTD: 1.82%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DANA

• 1D: 0.08%
• 1M: 0.08%
• 6M: 0.37%
• YTD: 0.63%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JABS vs. DANA - Yearly Performance Comparison

	2026 (YTD)	2025
JABS Janus Henderson Asset-Backed Securities ETF	1.82%	0.51%
DANA Dana Limited Volatility ETF	0.63%	1.25%

Correlation

The correlation between JABS and DANA is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025	0.09

Return for Risk

JABS vs. DANA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Asset-Backed Securities ETF (JABS) and Dana Limited Volatility ETF (DANA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

JABS vs. DANA - Drawdown Comparison

The maximum JABS drawdown since its inception was -0.97%, smaller than the maximum DANA drawdown of -1.04%. Use the drawdown chart below to compare losses from any high point for JABS and DANA.

Drawdown Indicators

	JABS	DANA	Difference
Max Drawdown Largest peak-to-trough decline	-0.97%	-1.04%	+0.07%
Current Drawdown Current decline from peak	0.00%	-0.28%	+0.28%
Average Drawdown Average peak-to-trough decline	-0.17%	-0.50%	+0.33%

Volatility

Volatility by Period

	JABS	DANA	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.96%	2.85%	-0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.96%	2.85%	-0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.96%	2.85%	-0.89%

JABS vs. DANA - Expense Ratio Comparison

JABS has a 0.33% expense ratio, which is lower than DANA's 0.35% expense ratio.

Dividends

JABS vs. DANA - Dividend Comparison

JABS's dividend yield for the trailing twelve months is around 4.58%, more than DANA's 1.82% yield.

Position	TTM	2025
DANA Dana Limited Volatility ETF	1.82%	0.29%
JABS Janus Henderson Asset-Backed Securities ETF	4.58%	2.19%

Frequently Asked Questions

Can I hold both JABS and DANA in my portfolio?

JABS and DANA have a correlation of 0.09, 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 DANA?

On fees, JABS is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JABS or DANA?

JABS is cheaper with a 0.33% expense ratio, compared with 0.35% for DANA.

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

JABS has the higher dividend yield at 4.58%, compared with 1.82% for DANA.

What is the main difference between JABS and DANA?

They also come from different issuers: Janus Henderson and Dana. Their fees differ too: 0.33% for JABS and 0.35% for DANA.