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

Performance

JBBB vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson B-BBB CLO ETF (JBBB) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
4.49%
13.03%
JBBB
IVV

Returns By Period

In the year-to-date period, JBBB achieves a 9.58% return, which is significantly lower than IVV's 25.50% return.


JBBB

YTD

9.58%

1M

0.68%

6M

4.59%

1Y

12.58%

5Y (annualized)

N/A

10Y (annualized)

N/A

IVV

YTD

25.50%

1M

1.17%

6M

12.21%

1Y

32.17%

5Y (annualized)

15.57%

10Y (annualized)

13.13%

Key characteristics


JBBBIVV
Sharpe Ratio5.622.62
Sortino Ratio8.723.51
Omega Ratio3.001.49
Calmar Ratio8.513.79
Martin Ratio49.1317.04
Ulcer Index0.26%1.87%
Daily Std Dev2.27%12.16%
Max Drawdown-10.79%-55.25%
Current Drawdown0.00%-1.35%

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JBBB vs. IVV - Expense Ratio Comparison

JBBB has a 0.49% expense ratio, which is higher than IVV's 0.03% expense ratio.


JBBB
Janus Henderson B-BBB CLO ETF
Expense ratio chart for JBBB: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
Expense ratio chart for IVV: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.1

The correlation between JBBB and IVV is 0.07, 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.

Risk-Adjusted Performance

JBBB vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson B-BBB CLO ETF (JBBB) and iShares Core S&P 500 ETF (IVV). 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.


Sharpe ratio
The chart of Sharpe ratio for JBBB, currently valued at 5.62, compared to the broader market0.002.004.006.005.622.62
The chart of Sortino ratio for JBBB, currently valued at 8.72, compared to the broader market-2.000.002.004.006.008.0010.0012.008.723.51
The chart of Omega ratio for JBBB, currently valued at 3.00, compared to the broader market0.501.001.502.002.503.003.001.49
The chart of Calmar ratio for JBBB, currently valued at 8.51, compared to the broader market0.005.0010.0015.008.513.79
The chart of Martin ratio for JBBB, currently valued at 49.13, compared to the broader market0.0020.0040.0060.0080.00100.0049.1317.04
JBBB
IVV

The current JBBB Sharpe Ratio is 5.62, which is higher than the IVV Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of JBBB and IVV, 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 Ratio1.002.003.004.005.006.00JuneJulyAugustSeptemberOctoberNovember
5.62
2.62
JBBB
IVV

Dividends

JBBB vs. IVV - Dividend Comparison

JBBB's dividend yield for the trailing twelve months is around 7.70%, more than IVV's 1.25% yield.


TTM20232022202120202019201820172016201520142013
JBBB
Janus Henderson B-BBB CLO ETF
7.70%8.10%5.03%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IVV
iShares Core S&P 500 ETF
1.25%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%1.80%

Drawdowns

JBBB vs. IVV - Drawdown Comparison

The maximum JBBB drawdown since its inception was -10.79%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for JBBB and IVV. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-1.35%
JBBB
IVV

Volatility

JBBB vs. IVV - Volatility Comparison

The current volatility for Janus Henderson B-BBB CLO ETF (JBBB) is 0.55%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.09%. This indicates that JBBB experiences smaller price fluctuations and is considered to be less risky than IVV 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%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.55%
4.09%
JBBB
IVV