JSI vs. IGSB
Compare and contrast key facts about Janus Henderson Securitized Income ETF (JSI) and iShares Short-Term Corporate Bond ETF (IGSB).
JSI and IGSB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JSI is an actively managed fund by Janus Henderson. It was launched on Nov 8, 2023. IGSB is a passively managed fund by iShares that tracks the performance of the ICE BofAML 1-5 Year US Corporate Index. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JSI or IGSB.
Performance
JSI vs. IGSB - Performance Comparison
Returns By Period
In the year-to-date period, JSI achieves a 6.31% return, which is significantly higher than IGSB's 4.60% return.
JSI
6.31%
-0.44%
3.86%
9.30%
N/A
N/A
IGSB
4.60%
-0.39%
3.59%
7.36%
2.04%
2.17%
Key characteristics
| JSI | IGSB | |
|---|---|---|
| Sharpe Ratio | 3.15 | 2.94 |
| Sortino Ratio | 4.92 | 4.66 |
| Omega Ratio | 1.64 | 1.60 |
| Calmar Ratio | 6.41 | 2.32 |
| Martin Ratio | 18.43 | 16.87 |
| Ulcer Index | 0.51% | 0.44% |
| Daily Std Dev | 3.01% | 2.53% |
| Max Drawdown | -1.48% | -13.38% |
| Current Drawdown | -0.99% | -0.93% |
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JSI vs. IGSB - Expense Ratio Comparison
JSI has a 0.50% expense ratio, which is higher than IGSB's 0.06% expense ratio.
Correlation
The correlation between JSI and IGSB is 0.83, 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.
Risk-Adjusted Performance
JSI vs. IGSB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Securitized Income ETF (JSI) and iShares Short-Term Corporate Bond ETF (IGSB). 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
JSI vs. IGSB - Dividend Comparison
JSI's dividend yield for the trailing twelve months is around 5.80%, more than IGSB's 3.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JSI Janus Henderson Securitized Income ETF | 5.80% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGSB iShares Short-Term Corporate Bond ETF | 3.91% | 3.26% | 2.07% | 1.82% | 2.37% | 3.07% | 2.46% | 1.65% | 1.45% | 1.18% | 0.94% | 1.17% |
Drawdowns
JSI vs. IGSB - Drawdown Comparison
The maximum JSI drawdown since its inception was -1.48%, smaller than the maximum IGSB drawdown of -13.38%. Use the drawdown chart below to compare losses from any high point for JSI and IGSB. For additional features, visit the drawdowns tool.
Volatility
JSI vs. IGSB - Volatility Comparison
Janus Henderson Securitized Income ETF (JSI) has a higher volatility of 0.94% compared to iShares Short-Term Corporate Bond ETF (IGSB) at 0.66%. This indicates that JSI's price experiences larger fluctuations and is considered to be riskier than IGSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.