JHAI vs. JBBB
JHAI (Janus Henderson Global Artificial Intelligence ETF) and JBBB (Janus Henderson B-BBB CLO ETF) are both exchange-traded funds - JHAI is a Technology Equities fund actively managed by Janus Henderson, while JBBB is a CLO fund actively managed by Janus Henderson. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. JHAI charges 0.59%/yr vs 0.49%/yr for JBBB.
Performance
JHAI vs. JBBB - Performance Comparison
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Returns By Period
In the year-to-date period, JHAI achieves a 27.24% return, which is significantly higher than JBBB's 2.10% return.
JHAI
- 1D
- -0.61%
- 1M
- 5.22%
- YTD
- 27.24%
- 6M
- 25.73%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JBBB
- 1D
- 0.42%
- 1M
- 0.59%
- YTD
- 2.10%
- 6M
- 2.18%
- 1Y
- 4.97%
- 3Y*
- 9.06%
- 5Y*
- —
- 10Y*
- —
JHAI vs. JBBB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JHAI Janus Henderson Global Artificial Intelligence ETF | 27.24% | 10.90% |
JBBB Janus Henderson B-BBB CLO ETF | 2.10% | 1.57% |
Correlation
The correlation between JHAI and JBBB is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025 | 0.44 |
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Return for Risk
JHAI vs. JBBB — Risk / Return Rank
JHAI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
JBBB
JHAI vs. JBBB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Artificial Intelligence ETF (JHAI) and Janus Henderson B-BBB CLO ETF (JBBB). 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.
| JHAI | JBBB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.03 | — |
| Martin ratioReturn relative to average drawdown | — | 6.80 | — |
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Drawdowns
JHAI vs. JBBB - Drawdown Comparison
The maximum JHAI drawdown since its inception was -15.38%, which is greater than JBBB's maximum drawdown of -10.79%. Use the drawdown chart below to compare losses from any high point for JHAI and JBBB.
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Drawdown Indicators
| JHAI | JBBB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.38% | -10.79% | -4.59% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.46% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.35% | — |
Current DrawdownCurrent decline from peak | -5.62% | -0.52% | -5.10% |
Average DrawdownAverage peak-to-trough decline | -3.66% | -1.69% | -1.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.73% | — |
Volatility
JHAI vs. JBBB - Volatility Comparison
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Volatility by Period
| JHAI | JBBB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.35% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 27.84% | 3.54% | +24.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.84% | 5.21% | +22.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.84% | 5.21% | +22.63% |
JHAI vs. JBBB - Expense Ratio Comparison
JHAI has a 0.59% expense ratio, which is higher than JBBB's 0.49% expense ratio.
Dividends
JHAI vs. JBBB - Dividend Comparison
JHAI's dividend yield for the trailing twelve months is around 0.32%, less than JBBB's 6.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
JBBB Janus Henderson B-BBB CLO ETF | 6.67% | 7.41% | 7.65% | 8.10% | 5.03% |
JHAI Janus Henderson Global Artificial Intelligence ETF | 0.32% | 0.32% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
JHAI and JBBB have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JBBB is cheaper at 0.49% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JBBB is cheaper with a 0.49% expense ratio, compared with 0.59% for JHAI.
JBBB has the higher dividend yield at 6.67%, compared with 0.32% for JHAI.
JHAI is categorized as Technology Equities, while JBBB is CLO. Their fees differ too: 0.59% for JHAI and 0.49% for JBBB.
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