JBBB vs. GIL
JBBB (Janus Henderson B-BBB CLO ETF) is CLO fund actively managed by Janus Henderson, while GIL (Gildan Activewear Inc.) is a stock. Over the past 3 years, JBBB returned 10.46%/yr vs 29.16%/yr for GIL. At a 0.07 correlation, their price movements are largely independent.
Performance
JBBB vs. GIL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JBBB achieves a 2.03% return, which is significantly higher than GIL's -1.83% return.
JBBB
- 1D
- 0.15%
- 1M
- 0.52%
- YTD
- 2.03%
- 6M
- 2.43%
- 1Y
- 5.67%
- 3Y*
- 10.46%
- 5Y*
- —
- 10Y*
- —
GIL
- 1D
- 1.81%
- 1M
- 6.91%
- YTD
- -1.83%
- 6M
- 1.32%
- 1Y
- 33.46%
- 3Y*
- 29.16%
- 5Y*
- 13.34%
- 10Y*
- 9.52%
JBBB vs. GIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
JBBB Janus Henderson B-BBB CLO ETF | 2.03% | 5.43% | 12.50% | 17.63% | -5.88% |
GIL Gildan Activewear Inc. | -1.83% | 35.08% | 45.31% | 23.58% | -31.26% |
Correlation
The correlation between JBBB and GIL is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2022 | 0.07 |
The correlation between JBBB and GIL shifts across timeframes, from 0.07 (all time) to 0.20 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JBBB vs. GIL — Risk / Return Rank
JBBB
GIL
JBBB vs. GIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson B-BBB CLO ETF (JBBB) and Gildan Activewear Inc. (GIL). 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.
| JBBB | GIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.18 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.21 | 1.14 | +1.07 |
| Martin ratioReturn relative to average drawdown | 7.50 | 2.74 | +4.76 |
Loading charts...
Drawdowns
JBBB vs. GIL - Drawdown Comparison
The maximum JBBB drawdown since its inception was -10.57%, smaller than the maximum GIL drawdown of -87.23%. Use the drawdown chart below to compare losses from any high point for JBBB and GIL.
Loading charts...
Drawdown Indicators
| JBBB | GIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.57% | -87.23% | +76.66% |
Max Drawdown (1Y)Largest decline over 1 year | -2.46% | -25.71% | +23.25% |
Max Drawdown (3Y)Largest decline over 3 years | -3.82% | -31.28% | +27.46% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -74.44% | — |
Current DrawdownCurrent decline from peak | 0.00% | -15.52% | +15.52% |
Average DrawdownAverage peak-to-trough decline | -1.57% | -19.14% | +17.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 10.70% | -9.98% |
Volatility
JBBB vs. GIL - Volatility Comparison
The current volatility for Janus Henderson B-BBB CLO ETF (JBBB) is 1.02%, while Gildan Activewear Inc. (GIL) has a volatility of 10.74%. This indicates that JBBB experiences smaller price fluctuations and is considered to be less risky than GIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JBBB | GIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 10.74% | -9.72% |
Volatility (6M)Calculated over the trailing 6-month period | 2.90% | 26.40% | -23.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.45% | 34.65% | -31.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.26% | 32.13% | -26.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.26% | 34.61% | -29.35% |
Dividends
JBBB vs. GIL - Dividend Comparison
JBBB's dividend yield for the trailing twelve months is around 7.11%, more than GIL's 1.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIL Gildan Activewear Inc. | 1.56% | 1.45% | 1.74% | 2.25% | 2.47% | 1.53% | 0.55% | 1.82% | 1.48% | 1.16% | 1.23% | 0.91% |
JBBB Janus Henderson B-BBB CLO ETF | 7.11% | 8.41% | 9.24% | 8.71% | 5.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JBBB and GIL have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GIL has higher volatility (10.74%) compared to JBBB (1.02%). In terms of maximum drawdown, JBBB dropped -10.57% vs GIL's -87.23%.
JBBB currently has the higher Sharpe Ratio (1.58 vs 0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for JBBB and GIL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer