JEMB vs. BESF

Last updated Jun 4, 2026

JEMB (Janus Henderson Emerging Markets Debt Hard Currency ETF) and BESF (Bastion Energy ETF) are both exchange-traded funds - JEMB is a Emerging Markets Bonds fund actively managed by Janus Henderson, while BESF is a Energy Equities fund actively managed by Bastion. Both are actively managed. At a correlation of -0.06, they often move in opposite directions. JEMB charges 0.52%/yr vs 0.80%/yr for BESF.

Performance

JEMB vs. BESF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB) and Bastion Energy ETF (BESF). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JEMB achieves a 2.48% return, which is significantly lower than BESF's 19.74% return.

JEMB

• 1D: -0.22%
• 1M: 1.13%
• YTD: 2.48%
• 6M: 3.37%
• 1Y: 13.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BESF

• 1D: 0.68%
• 1M: -4.08%
• YTD: 19.74%
• 6M: 21.51%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JEMB vs. BESF - Yearly Performance Comparison

	2026 (YTD)	2025
JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF	2.48%	9.99%
BESF Bastion Energy ETF	19.74%	41.15%

Correlation

The correlation between JEMB and BESF is -0.06, 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 (All Time) Calculated using the full available price history since Jun 5, 2025	-0.06

Return for Risk

JEMB vs. BESF — Risk / Return Rank

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

JEMB

JEMB Risk / Return Rank: 57
JEMB Sharpe Ratio Rank: 51
JEMB Sortino Ratio Rank: 52
JEMB Omega Ratio Rank: 56
JEMB Calmar Ratio Rank: 59
JEMB Martin Ratio Rank: 66

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.

JEMB vs. BESF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Emerging Markets Debt Hard Currency ETF (JEMB) and Bastion Energy ETF (BESF). 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.

	JEMB	BESF	Difference
Sharpe ratio: Return per unit of total volatility	1.71	—	—
Sortino ratio: Return per unit of downside risk	2.46	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.92	—	—
Martin ratio: Return relative to average drawdown	12.01	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JEMB	BESF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.23	2.87	-1.64

Drawdowns

JEMB vs. BESF - Drawdown Comparison

The maximum JEMB drawdown since its inception was -5.37%, smaller than the maximum BESF drawdown of -9.89%. Use the drawdown chart below to compare losses from any high point for JEMB and BESF.

Drawdown Indicators

	JEMB	BESF	Difference
Max Drawdown Largest peak-to-trough decline	-5.37%	-9.89%	+4.52%
Max Drawdown (1Y) Largest decline over 1 year	-4.67%	—	—
Current Drawdown Current decline from peak	-0.66%	-5.88%	+5.22%
Average Drawdown Average peak-to-trough decline	-1.01%	-2.45%	+1.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.14%	—	—

Volatility

Volatility by Period

	JEMB	BESF	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.37%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	7.99%	24.33%	-16.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.52%	24.33%	-15.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.52%	24.33%	-15.81%

JEMB vs. BESF - Expense Ratio Comparison

JEMB has a 0.52% expense ratio, which is lower than BESF's 0.80% expense ratio.

Dividends

JEMB vs. BESF - Dividend Comparison

JEMB's dividend yield for the trailing twelve months is around 6.29%, more than BESF's 5.68% yield.

Position	TTM	2025	2024
BESF Bastion Energy ETF	5.68%	6.39%	0.00%
JEMB Janus Henderson Emerging Markets Debt Hard Currency ETF	6.29%	6.19%	2.53%

Frequently Asked Questions

Can I hold both JEMB and BESF in my portfolio?

JEMB and BESF have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JEMB or BESF?

On fees, JEMB is cheaper at 0.52% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JEMB or BESF?

JEMB is cheaper with a 0.52% expense ratio, compared with 0.80% for BESF.

Which ETF pays a higher dividend yield, JEMB or BESF?

JEMB has the higher dividend yield at 6.29%, compared with 5.68% for BESF.

What is the main difference between JEMB and BESF?

JEMB is categorized as Emerging Markets Bonds, while BESF is Energy Equities. They also come from different issuers: Janus Henderson and Bastion. Their fees differ too: 0.52% for JEMB and 0.80% for BESF.