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JBBB vs. CLOZ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JBBB and CLOZ is 0.15, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

JBBB vs. CLOZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson B-BBB CLO ETF (JBBB) and Panagram Bbb-B Clo ETF (CLOZ). The values are adjusted to include any dividend payments, if applicable.

22.00%24.00%26.00%28.00%30.00%NovemberDecember2025FebruaryMarchApril
24.84%
27.91%
JBBB
CLOZ

Key characteristics

Sharpe Ratio

JBBB:

1.35

CLOZ:

1.52

Sortino Ratio

JBBB:

1.81

CLOZ:

2.00

Omega Ratio

JBBB:

1.40

CLOZ:

1.56

Calmar Ratio

JBBB:

1.42

CLOZ:

1.32

Martin Ratio

JBBB:

6.90

CLOZ:

6.38

Ulcer Index

JBBB:

0.89%

CLOZ:

1.10%

Daily Std Dev

JBBB:

4.57%

CLOZ:

4.65%

Max Drawdown

JBBB:

-10.79%

CLOZ:

-5.33%

Current Drawdown

JBBB:

-1.73%

CLOZ:

-1.94%

Returns By Period

In the year-to-date period, JBBB achieves a -0.46% return, which is significantly higher than CLOZ's -0.49% return.


JBBB

YTD

-0.46%

1M

-0.76%

6M

1.38%

1Y

6.00%

5Y*

N/A

10Y*

N/A

CLOZ

YTD

-0.49%

1M

-0.15%

6M

2.10%

1Y

6.87%

5Y*

N/A

10Y*

N/A

*Annualized

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JBBB vs. CLOZ - Expense Ratio Comparison

JBBB has a 0.49% expense ratio, which is lower than CLOZ's 0.50% expense ratio.


Expense ratio chart for CLOZ: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CLOZ: 0.50%
Expense ratio chart for JBBB: current value is 0.49%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
JBBB: 0.49%

Risk-Adjusted Performance

JBBB vs. CLOZ — Risk-Adjusted Performance Rank

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

JBBB
The Risk-Adjusted Performance Rank of JBBB is 8989
Overall Rank
The Sharpe Ratio Rank of JBBB is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of JBBB is 8686
Sortino Ratio Rank
The Omega Ratio Rank of JBBB is 9494
Omega Ratio Rank
The Calmar Ratio Rank of JBBB is 8989
Calmar Ratio Rank
The Martin Ratio Rank of JBBB is 8989
Martin Ratio Rank

CLOZ
The Risk-Adjusted Performance Rank of CLOZ is 9090
Overall Rank
The Sharpe Ratio Rank of CLOZ is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of CLOZ is 8888
Sortino Ratio Rank
The Omega Ratio Rank of CLOZ is 9797
Omega Ratio Rank
The Calmar Ratio Rank of CLOZ is 8787
Calmar Ratio Rank
The Martin Ratio Rank of CLOZ is 8888
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.

JBBB vs. CLOZ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson B-BBB CLO ETF (JBBB) and Panagram Bbb-B Clo ETF (CLOZ). 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 chart of Sharpe ratio for JBBB, currently valued at 1.35, compared to the broader market-1.000.001.002.003.004.00
JBBB: 1.35
CLOZ: 1.52
The chart of Sortino ratio for JBBB, currently valued at 1.81, compared to the broader market-2.000.002.004.006.008.00
JBBB: 1.81
CLOZ: 2.00
The chart of Omega ratio for JBBB, currently valued at 1.40, compared to the broader market0.501.001.502.002.50
JBBB: 1.40
CLOZ: 1.56
The chart of Calmar ratio for JBBB, currently valued at 1.42, compared to the broader market0.002.004.006.008.0010.0012.00
JBBB: 1.42
CLOZ: 1.32
The chart of Martin ratio for JBBB, currently valued at 6.90, compared to the broader market0.0020.0040.0060.00
JBBB: 6.90
CLOZ: 6.38

The current JBBB Sharpe Ratio is 1.35, which is comparable to the CLOZ Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of JBBB and CLOZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.006.007.00NovemberDecember2025FebruaryMarchApril
1.35
1.52
JBBB
CLOZ

Dividends

JBBB vs. CLOZ - Dividend Comparison

JBBB's dividend yield for the trailing twelve months is around 7.85%, less than CLOZ's 8.76% yield.


TTM202420232022
JBBB
Janus Henderson B-BBB CLO ETF
7.85%7.65%8.10%5.03%
CLOZ
Panagram Bbb-B Clo ETF
8.76%9.09%8.81%0.00%

Drawdowns

JBBB vs. CLOZ - Drawdown Comparison

The maximum JBBB drawdown since its inception was -10.79%, which is greater than CLOZ's maximum drawdown of -5.33%. Use the drawdown chart below to compare losses from any high point for JBBB and CLOZ. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.73%
-1.94%
JBBB
CLOZ

Volatility

JBBB vs. CLOZ - Volatility Comparison

The current volatility for Janus Henderson B-BBB CLO ETF (JBBB) is 3.89%, while Panagram Bbb-B Clo ETF (CLOZ) has a volatility of 4.33%. This indicates that JBBB experiences smaller price fluctuations and is considered to be less risky than CLOZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
3.89%
4.33%
JBBB
CLOZ