JSI vs. AINP
JSI (Janus Henderson Securitized Income ETF) and AINP (Allspring Income Plus ETF) are both Multisector Bonds funds. Both are actively managed. Over the past year, JSI returned 3.15% vs 4.24% for AINP. Their 0.56 correlation means they have sometimes moved together and sometimes differently. JSI charges 0.50%/yr vs 0.36%/yr for AINP.
Performance
JSI vs. AINP - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with JSI having a 1.49% return and AINP slightly higher at 1.53%.
JSI
- 1D
- 0.30%
- 1M
- 0.33%
- 6M
- 0.78%
- YTD
- 1.49%
- 1Y
- 3.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.80%
AINP
- 1D
- 0.43%
- 1M
- -0.26%
- 6M
- 1.10%
- YTD
- 1.53%
- 1Y
- 4.24%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $86.68K | $132.89K | $188.28K | |
| $5.24M | $5.31M | $6.50M |
JSI vs. AINP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
JSI Janus Henderson Securitized Income ETF | 1.49% | 6.46% | 0.11% |
AINP Allspring Income Plus ETF | 1.53% | 7.53% | -1.22% |
Correlation
The correlation between JSI and AINP is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.52 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | 0.56 |
The correlation between JSI and AINP has been stable across timeframes, ranging from 0.52 to 0.56 - a consistent structural relationship.
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Return for Risk
JSI vs. AINP — Risk / Return Rank
JSI
AINP
JSI vs. AINP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Securitized Income ETF (JSI) and Allspring Income Plus ETF (AINP). 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.
| JSI | AINP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.25 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.88 | 1.70 | +0.18 |
| Martin ratioReturn relative to average drawdown | 5.94 | 6.53 | -0.58 |
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Drawdowns
JSI vs. AINP - Drawdown Comparison
The maximum JSI drawdown since its inception was -2.31%, smaller than the maximum AINP drawdown of -2.61%. Use the drawdown chart below to compare losses from any high point for JSI and AINP.
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Drawdown Indicators
| JSI | AINP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.31% | -2.61% | +0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -1.68% | -2.51% | +0.83% |
Current DrawdownCurrent decline from peak | 0.00% | -0.38% | +0.38% |
Average DrawdownAverage peak-to-trough decline | -0.34% | -0.47% | +0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.53% | 0.65% | -0.12% |
Volatility
JSI vs. AINP - Volatility Comparison
The current volatility for Janus Henderson Securitized Income ETF (JSI) is 0.46%, while Allspring Income Plus ETF (AINP) has a volatility of 0.96%. This indicates that JSI experiences smaller price fluctuations and is considered to be less risky than AINP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JSI | AINP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.46% | 0.96% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 1.68% | 2.63% | -0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.37% | 3.25% | -0.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.85% | 3.59% | -0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.85% | 3.59% | -0.74% |
JSI vs. AINP - Expense Ratio Comparison
JSI has a 0.50% expense ratio, which is higher than AINP's 0.36% expense ratio.
Dividends
JSI vs. AINP - Dividend Comparison
JSI's dividend yield for the trailing twelve months is around 5.91%, more than AINP's 5.83% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
AINP Allspring Income Plus ETF | 5.83% | 5.03% | 0.47% | 0.00% |
JSI Janus Henderson Securitized Income ETF | 5.91% | 5.80% | 6.16% | 0.84% |
Frequently Asked Questions
JSI and AINP have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AINP has higher volatility (0.96%) compared to JSI (0.46%). In terms of maximum drawdown, JSI dropped -2.31% vs AINP's -2.61%.
On 1-year performance, AINP leads with 4.24% vs 3.15% for JSI. On fees, AINP is cheaper at 0.36% per year. On volatility, JSI has been the lower-risk option at 0.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AINP has performed better with a 4.24% return vs 3.15%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AINP is cheaper with a 0.36% expense ratio, compared with 0.50% for JSI.
JSI has the higher dividend yield at 5.91%, compared with 5.83% for AINP.
They also come from different issuers: Janus Henderson and Allspring. Their fees differ too: 0.50% for JSI and 0.36% for AINP.
JSI currently has the higher Sharpe Ratio (1.33 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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