JLQD vs. SCRD

Last updated Apr 2, 2026

Compare and contrast key facts about Janus Henderson Corporate Bond ETF (JLQD) and Janus Henderson Corporate Bond ETF (SCRD).

JLQD and SCRD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JLQD is a passively managed fund by Janus Henderson that tracks the performance of the Bloomberg U.S. Corporate Bond Index. It was launched on Sep 8, 2021. SCRD is an actively managed fund by Janus Henderson. It was launched on Sep 8, 2021.

Performance

JLQD vs. SCRD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Corporate Bond ETF (JLQD) and Janus Henderson Corporate Bond ETF (SCRD). The values are adjusted to include any dividend payments, if applicable.

JLQD vs. SCRD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
JLQD Janus Henderson Corporate Bond ETF	-0.63%	7.77%	3.21%	8.76%	-15.99%	-1.25%
SCRD Janus Henderson Corporate Bond ETF	-0.63%	7.77%	3.21%	8.76%	-15.99%	-1.25%

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with JLQD at -0.63% and SCRD at -0.63%.

JLQD

• 1D: 0.04%
• 1M: -1.59%
• YTD: -0.63%
• 6M: 0.29%
• 1Y: 4.33%
• 3Y*: 5.06%
• 5Y*: —
• 10Y*: —

SCRD

• 1D: 0.04%
• 1M: -1.59%
• YTD: -0.63%
• 6M: 0.29%
• 1Y: 4.33%
• 3Y*: 5.06%
• 5Y*: —
• 10Y*: —

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

JLQD vs. SCRD - Expense Ratio Comparison

JLQD has a 0.20% expense ratio, which is lower than SCRD's 0.35% expense ratio.

SCRD

Janus Henderson Corporate Bond ETF

JLQD

Janus Henderson Corporate Bond ETF

Return for Risk

JLQD vs. SCRD — Risk / Return Rank

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

JLQD

JLQD Risk / Return Rank: 40
JLQD Sharpe Ratio Rank: 42
JLQD Sortino Ratio Rank: 38
JLQD Omega Ratio Rank: 39
JLQD Calmar Ratio Rank: 40
JLQD Martin Ratio Rank: 38

SCRD

SCRD Risk / Return Rank: 41
SCRD Sharpe Ratio Rank: 43
SCRD Sortino Ratio Rank: 39
SCRD Omega Ratio Rank: 40
SCRD Calmar Ratio Rank: 42
SCRD Martin Ratio Rank: 39

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.

JLQD vs. SCRD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Corporate Bond ETF (JLQD) and Janus Henderson Corporate Bond ETF (SCRD). 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.

	JLQD	SCRD	Difference
Sharpe ratio Return per unit of total volatility	0.86	0.86	0.00
Sortino ratio Return per unit of downside risk	1.19	1.19	0.00
Omega ratio Gain probability vs. loss probability	1.17	1.17	0.00
Calmar ratio Return relative to maximum drawdown	1.27	1.27	0.00
Martin ratio Return relative to average drawdown	4.28	4.28	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JLQD vs. SCRD - Sharpe Ratio Comparison

The current JLQD Sharpe Ratio is 0.86, which is comparable to the SCRD Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of JLQD and SCRD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JLQD	SCRD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	0.86	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	-0.01	0.00

Correlation

The correlation between JLQD and SCRD is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

JLQD vs. SCRD - Dividend Comparison

JLQD's dividend yield for the trailing twelve months is around 5.37%, which matches SCRD's 5.37% yield.

	TTM	2025	2024	2023	2022	2021
JLQD Janus Henderson Corporate Bond ETF	5.37%	5.28%	5.36%	3.99%	2.77%	0.83%
SCRD Janus Henderson Corporate Bond ETF	5.37%	5.28%	5.36%	3.99%	2.77%	0.83%

Drawdowns

JLQD vs. SCRD - Drawdown Comparison

The maximum JLQD drawdown since its inception was -21.17%, roughly equal to the maximum SCRD drawdown of -21.17%. Use the drawdown chart below to compare losses from any high point for JLQD and SCRD.

Drawdown Indicators

	JLQD	SCRD	Difference
Max Drawdown Largest peak-to-trough decline	-21.17%	-21.17%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-3.57%	-3.57%	0.00%
Current Drawdown Current decline from peak	-1.83%	-1.83%	0.00%
Average Drawdown Average peak-to-trough decline	-9.06%	-9.06%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	1.06%	0.00%

Volatility

JLQD vs. SCRD - Volatility Comparison

Janus Henderson Corporate Bond ETF (JLQD) and Janus Henderson Corporate Bond ETF (SCRD) have volatilities of 1.97% and 1.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JLQD	SCRD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.97%	1.97%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.55%	2.55%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	5.03%	5.03%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.39%	6.39%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.39%	6.39%	0.00%