JABS vs. JRE

Last updated Jun 4, 2026

JABS (Janus Henderson Asset-Backed Securities ETF) and JRE (Janus Henderson U.S. Real Estate ETF) are both exchange-traded funds - JABS is a Short-Term Bond fund actively managed by Janus Henderson, while JRE is a fund fund actively managed by Janus Henderson. Both are actively managed. At a 0.12 correlation, their price movements are largely independent. JABS charges 0.33%/yr vs 0.65%/yr for JRE.

Performance

JABS vs. JRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Asset-Backed Securities ETF (JABS) and Janus Henderson U.S. Real Estate ETF (JRE). 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 lower than JRE's 12.19% return.

JABS

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

JRE

• 1D: 0.28%
• 1M: -1.33%
• YTD: 12.19%
• 6M: 10.56%
• 1Y: 15.49%
• 3Y*: 9.71%
• 5Y*: —
• 10Y*: —

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

JABS vs. JRE - Yearly Performance Comparison

	2026 (YTD)	2025
JABS Janus Henderson Asset-Backed Securities ETF	1.29%	2.49%
JRE Janus Henderson U.S. Real Estate ETF	12.19%	0.47%

Correlation

The correlation between JABS and JRE is 0.12, 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	0.12

Return for Risk

JABS vs. JRE — Risk / Return Rank

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

JRE

JRE Risk / Return Rank: 36
JRE Sharpe Ratio Rank: 32
JRE Sortino Ratio Rank: 30
JRE Omega Ratio Rank: 32
JRE Calmar Ratio Rank: 44
JRE Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JABS vs. JRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Asset-Backed Securities ETF (JABS) and Janus Henderson U.S. Real Estate ETF (JRE). 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	JRE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.18	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.23	0.21	+2.02

Drawdowns

JABS vs. JRE - Drawdown Comparison

The maximum JABS drawdown since its inception was -0.97%, smaller than the maximum JRE drawdown of -31.69%. Use the drawdown chart below to compare losses from any high point for JABS and JRE.

Drawdown Indicators

	JABS	JRE	Difference
Max Drawdown Largest peak-to-trough decline	-0.97%	-31.69%	+30.72%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.14%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.38%	—
Current Drawdown Current decline from peak	-0.12%	-3.36%	+3.24%
Average Drawdown Average peak-to-trough decline	-0.18%	-12.63%	+12.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.29%	—

Volatility

Volatility by Period

	JABS	JRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.00%	13.16%	-11.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.00%	18.72%	-16.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.00%	18.72%	-16.72%

JABS vs. JRE - Expense Ratio Comparison

JABS has a 0.33% expense ratio, which is lower than JRE's 0.65% expense ratio.

Dividends

JABS vs. JRE - Dividend Comparison

JABS's dividend yield for the trailing twelve months is around 4.19%, less than JRE's 5.04% yield.

Position	TTM	2025	2024	2023	2022	2021
JABS Janus Henderson Asset-Backed Securities ETF	4.19%	2.19%	0.00%	0.00%	0.00%	0.00%
JRE Janus Henderson U.S. Real Estate ETF	5.04%	5.81%	2.20%	2.77%	2.87%	0.90%

Frequently Asked Questions

Can I hold both JABS and JRE in my portfolio?

JABS and JRE have a correlation of 0.12, 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 JRE?

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 JRE?

JABS is cheaper with a 0.33% expense ratio, compared with 0.65% for JRE.

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

JRE has the higher dividend yield at 5.04%, compared with 4.19% for JABS.

What is the main difference between JABS and JRE?

Their fees differ too: 0.33% for JABS and 0.65% for JRE.