JSI vs. DDV

Last updated Jun 4, 2026

JSI (Janus Henderson Securitized Income ETF) and DDV (Defined Duration 5 ETF) are both exchange-traded funds - JSI is a Short-Term Bond fund actively managed by Janus Henderson, while DDV is a Intermediate Core Bond fund actively managed by Discipline Funds. Both are actively managed. A 0.59 correlation means they provide meaningful diversification when combined. JSI charges 0.50%/yr vs 0.25%/yr for DDV.

Performance

JSI vs. DDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Securitized Income ETF (JSI) and Defined Duration 5 ETF (DDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JSI achieves a 0.99% return, which is significantly lower than DDV's 2.23% return.

JSI

• 1D: -0.12%
• 1M: 0.24%
• YTD: 0.99%
• 6M: 1.47%
• 1Y: 4.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DDV

• 1D: -0.02%
• 1M: 0.73%
• YTD: 2.23%
• 6M: 2.65%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JSI vs. DDV - Yearly Performance Comparison

	2026 (YTD)	2025
JSI Janus Henderson Securitized Income ETF	0.99%	0.99%
DDV Defined Duration 5 ETF	2.23%	0.71%

Correlation

The correlation between JSI and DDV is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 14, 2025	0.59

Return for Risk

JSI vs. DDV — Risk / Return Rank

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

JSI

JSI Risk / Return Rank: 58
JSI Sharpe Ratio Rank: 58
JSI Sortino Ratio Rank: 57
JSI Omega Ratio Rank: 67
JSI Calmar Ratio Rank: 56
JSI Martin Ratio Rank: 53

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.

JSI vs. DDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Securitized Income ETF (JSI) and Defined Duration 5 ETF (DDV). 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.

	JSI	DDV	Difference
Sharpe ratio: Return per unit of total volatility	1.99	—	—
Sortino ratio: Return per unit of downside risk	2.77	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	2.82	—	—
Martin ratio: Return relative to average drawdown	9.18	—	—
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

	JSI	DDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.49	2.06	+0.42

Drawdowns

JSI vs. DDV - Drawdown Comparison

The maximum JSI drawdown since its inception was -2.31%, which is greater than DDV's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for JSI and DDV.

Drawdown Indicators

	JSI	DDV	Difference
Max Drawdown Largest peak-to-trough decline	-2.31%	-1.92%	-0.39%
Max Drawdown (1Y) Largest decline over 1 year	-1.68%	—	—
Current Drawdown Current decline from peak	-0.46%	-0.12%	-0.34%
Average Drawdown Average peak-to-trough decline	-0.34%	-0.35%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.52%	—	—

Volatility

Volatility by Period

	JSI	DDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.66%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.38%	2.68%	-0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.88%	2.68%	+0.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.88%	2.68%	+0.20%

JSI vs. DDV - Expense Ratio Comparison

JSI has a 0.50% expense ratio, which is higher than DDV's 0.25% expense ratio.

Dividends

JSI vs. DDV - Dividend Comparison

JSI's dividend yield for the trailing twelve months is around 5.80%, more than DDV's 1.21% yield.

Position	TTM	2025	2024	2023
DDV Defined Duration 5 ETF	1.21%	0.42%	0.00%	0.00%
JSI Janus Henderson Securitized Income ETF	5.80%	5.80%	6.16%	0.84%

Frequently Asked Questions

Can I hold both JSI and DDV in my portfolio?

JSI and DDV have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JSI or DDV?

On fees, DDV is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JSI or DDV?

DDV is cheaper with a 0.25% expense ratio, compared with 0.50% for JSI.

Which ETF pays a higher dividend yield, JSI or DDV?

JSI has the higher dividend yield at 5.80%, compared with 1.21% for DDV.

What is the main difference between JSI and DDV?

JSI is categorized as Short-Term Bond, while DDV is Intermediate Core Bond. They also come from different issuers: Janus Henderson and Discipline Funds. Their fees differ too: 0.50% for JSI and 0.25% for DDV.