JMBS vs. PONAX
Compare and contrast key facts about Janus Henderson Mortgage-Backed Securities ETF (JMBS) and PIMCO Income Fund Class A (PONAX).
JMBS is an actively managed fund by Janus Henderson. It was launched on Sep 12, 2018. PONAX is managed by PIMCO. It was launched on Apr 2, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMBS or PONAX.
Correlation
The correlation between JMBS and PONAX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JMBS vs. PONAX - Performance Comparison
Key characteristics
JMBS:
0.84
PONAX:
1.89
JMBS:
1.23
PONAX:
2.82
JMBS:
1.15
PONAX:
1.37
JMBS:
0.46
PONAX:
3.19
JMBS:
2.13
PONAX:
7.75
JMBS:
2.38%
PONAX:
0.97%
JMBS:
6.04%
PONAX:
3.99%
JMBS:
-16.68%
PONAX:
-13.42%
JMBS:
-4.57%
PONAX:
0.00%
Returns By Period
In the year-to-date period, JMBS achieves a 1.29% return, which is significantly lower than PONAX's 1.73% return.
JMBS
1.29%
0.88%
-0.80%
5.53%
0.08%
N/A
PONAX
1.73%
1.53%
2.54%
7.63%
2.68%
4.02%
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JMBS vs. PONAX - Expense Ratio Comparison
JMBS has a 0.32% expense ratio, which is lower than PONAX's 1.02% expense ratio.
Risk-Adjusted Performance
JMBS vs. PONAX — Risk-Adjusted Performance Rank
JMBS
PONAX
JMBS vs. PONAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Mortgage-Backed Securities ETF (JMBS) and PIMCO Income Fund Class A (PONAX). 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.
Dividends
JMBS vs. PONAX - Dividend Comparison
JMBS's dividend yield for the trailing twelve months is around 5.49%, less than PONAX's 5.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMBS Janus Henderson Mortgage-Backed Securities ETF | 5.49% | 5.53% | 4.38% | 2.72% | 1.17% | 2.92% | 3.64% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% |
PONAX PIMCO Income Fund Class A | 5.78% | 5.86% | 5.87% | 5.96% | 3.62% | 4.49% | 5.47% | 5.24% | 4.95% | 5.17% | 7.33% | 5.89% |
Drawdowns
JMBS vs. PONAX - Drawdown Comparison
The maximum JMBS drawdown since its inception was -16.68%, which is greater than PONAX's maximum drawdown of -13.42%. Use the drawdown chart below to compare losses from any high point for JMBS and PONAX. For additional features, visit the drawdowns tool.
Volatility
JMBS vs. PONAX - Volatility Comparison
Janus Henderson Mortgage-Backed Securities ETF (JMBS) has a higher volatility of 1.51% compared to PIMCO Income Fund Class A (PONAX) at 0.92%. This indicates that JMBS's price experiences larger fluctuations and is considered to be riskier than PONAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.