JCL0.DE vs. G2XJ.DE

Last updated Jun 5, 2026

JCL0.DE (Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Acc) and G2XJ.DE (VanEck Junior Gold Miners UCITS) are both exchange-traded funds - JCL0.DE is a CLO fund actively managed by Janus Henderson, while G2XJ.DE is a Precious Metals fund tracking the MVIS Global Junior Gold Miners. JCL0.DE is actively managed, while G2XJ.DE is passively managed. Over the past year, JCL0.DE returned 3.17% vs 61.87% for G2XJ.DE. At a correlation of -0.02, they often move in opposite directions. JCL0.DE charges 0.25%/yr vs 0.55%/yr for G2XJ.DE.

Performance

JCL0.DE vs. G2XJ.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Acc (JCL0.DE) and VanEck Junior Gold Miners UCITS (G2XJ.DE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JCL0.DE achieves a 1.30% return, which is significantly higher than G2XJ.DE's -3.74% return.

JCL0.DE

• 1D: 0.09%
• 1M: 0.43%
• YTD: 1.30%
• 6M: 1.52%
• 1Y: 3.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

G2XJ.DE

• 1D: 0.42%
• 1M: -1.79%
• YTD: -3.74%
• 6M: 7.48%
• 1Y: 61.87%
• 3Y*: 42.43%
• 5Y*: 18.76%
• 10Y*: 12.60%

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

JCL0.DE vs. G2XJ.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JCL0.DE Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Acc	1.30%	3.57%	0.07%
G2XJ.DE VanEck Junior Gold Miners UCITS	-3.74%	149.58%	-1.02%

Correlation

The correlation between JCL0.DE and G2XJ.DE is -0.04, 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 (1Y) Calculated over the trailing 1-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Dec 27, 2024	-0.02

Return for Risk

JCL0.DE vs. G2XJ.DE — Risk / Return Rank

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

JCL0.DE

JCL0.DE Risk / Return Rank: 95
JCL0.DE Sharpe Ratio Rank: 92
JCL0.DE Sortino Ratio Rank: 96
JCL0.DE Omega Ratio Rank: 96
JCL0.DE Calmar Ratio Rank: 94
JCL0.DE Martin Ratio Rank: 96

G2XJ.DE

G2XJ.DE Risk / Return Rank: 37
G2XJ.DE Sharpe Ratio Rank: 38
G2XJ.DE Sortino Ratio Rank: 35
G2XJ.DE Omega Ratio Rank: 36
G2XJ.DE Calmar Ratio Rank: 43
G2XJ.DE Martin Ratio Rank: 34

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.

JCL0.DE vs. G2XJ.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Acc (JCL0.DE) and VanEck Junior Gold Miners UCITS (G2XJ.DE). 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.

	JCL0.DE	G2XJ.DE	Difference
Sharpe ratio: Return per unit of total volatility	3.27	1.33	+1.94
Sortino ratio: Return per unit of downside risk	5.59	1.82	+3.78
Omega ratio: Gain probability vs. loss probability	1.77	1.23	+0.54
Calmar ratio: Return relative to maximum drawdown	6.95	2.11	+4.84
Martin ratio: Return relative to average drawdown	37.63	5.07	+32.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JCL0.DE vs. G2XJ.DE - Sharpe Ratio Comparison

The current JCL0.DE Sharpe Ratio is 3.27, which is higher than the G2XJ.DE Sharpe Ratio of 1.33. The chart below compares the historical Sharpe Ratios of JCL0.DE and G2XJ.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JCL0.DE	G2XJ.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.27	1.33	+1.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.50	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.71	0.39	+2.32

Drawdowns

JCL0.DE vs. G2XJ.DE - Drawdown Comparison

The maximum JCL0.DE drawdown since its inception was -0.70%, smaller than the maximum G2XJ.DE drawdown of -49.96%. Use the drawdown chart below to compare losses from any high point for JCL0.DE and G2XJ.DE.

Drawdown Indicators

	JCL0.DE	G2XJ.DE	Difference
Max Drawdown Largest peak-to-trough decline	-0.70%	-49.96%	+49.26%
Max Drawdown (1Y) Largest decline over 1 year	-0.45%	-29.24%	+28.79%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.24%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-40.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-49.96%	—
Current Drawdown Current decline from peak	0.00%	-25.97%	+25.97%
Average Drawdown Average peak-to-trough decline	-0.08%	-25.26%	+25.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.08%	12.16%	-12.08%

Volatility

JCL0.DE vs. G2XJ.DE - Volatility Comparison

The current volatility for Janus Henderson EUR AAA CLO Active Core UCITS ETF EUR Acc (JCL0.DE) is 0.29%, while VanEck Junior Gold Miners UCITS (G2XJ.DE) has a volatility of 15.07%. This indicates that JCL0.DE experiences smaller price fluctuations and is considered to be less risky than G2XJ.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JCL0.DE	G2XJ.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.29%	15.07%	-14.78%
Volatility (6M) Calculated over the trailing 6-month period	0.79%	38.04%	-37.25%
Volatility (1Y) Calculated over the trailing 1-year period	0.97%	46.48%	-45.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.27%	36.98%	-35.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.27%	37.69%	-36.42%

JCL0.DE vs. G2XJ.DE - Expense Ratio Comparison

JCL0.DE has a 0.25% expense ratio, which is lower than G2XJ.DE's 0.55% expense ratio.

Dividends

JCL0.DE vs. G2XJ.DE - Dividend Comparison

Neither JCL0.DE nor G2XJ.DE has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JCL0.DE and G2XJ.DE in my portfolio?

JCL0.DE and G2XJ.DE have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JCL0.DE or G2XJ.DE?

On fees, JCL0.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JCL0.DE or G2XJ.DE?

JCL0.DE is cheaper with a 0.25% expense ratio, compared with 0.55% for G2XJ.DE.

What is the main difference between JCL0.DE and G2XJ.DE?

JCL0.DE is categorized as CLO, while G2XJ.DE is Precious Metals. They also come from different issuers: Janus Henderson and VanEck. Their fees differ too: 0.25% for JCL0.DE and 0.55% for G2XJ.DE.