Correlation
The correlation between JUCIX and SRLN is 0.10, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
JUCIX vs. SRLN
Compare and contrast key facts about Janus Henderson Absolute Return Income Opportunities Fund (JUCIX) and SPDR Blackstone Senior Loan ETF (SRLN).
JUCIX is managed by Janus Henderson. It was launched on May 26, 2014. SRLN is a passively managed fund by State Street that tracks the performance of the Markit iBoxx USD Liquid Leveraged Loan Index. It was launched on Apr 3, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JUCIX or SRLN.
Performance
JUCIX vs. SRLN - Performance Comparison
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Key characteristics
JUCIX:
3.64
SRLN:
1.78
JUCIX:
8.44
SRLN:
2.58
JUCIX:
2.44
SRLN:
1.55
JUCIX:
10.18
SRLN:
1.60
JUCIX:
40.04
SRLN:
9.71
JUCIX:
0.17%
SRLN:
0.70%
JUCIX:
1.89%
SRLN:
3.87%
JUCIX:
-8.24%
SRLN:
-22.29%
JUCIX:
0.00%
SRLN:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with JUCIX having a 1.83% return and SRLN slightly lower at 1.77%. Over the past 10 years, JUCIX has underperformed SRLN with an annualized return of 2.32%, while SRLN has yielded a comparatively higher 3.88% annualized return.
JUCIX
1.83%
0.34%
2.26%
6.24%
5.20%
2.98%
2.32%
SRLN
1.77%
2.12%
2.21%
6.75%
6.82%
5.94%
3.88%
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JUCIX vs. SRLN - Expense Ratio Comparison
JUCIX has a 0.71% expense ratio, which is higher than SRLN's 0.70% expense ratio.
Risk-Adjusted Performance
JUCIX vs. SRLN — Risk-Adjusted Performance Rank
JUCIX
SRLN
JUCIX vs. SRLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Absolute Return Income Opportunities Fund (JUCIX) and SPDR Blackstone Senior Loan ETF (SRLN). 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.
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Dividends
JUCIX vs. SRLN - Dividend Comparison
JUCIX's dividend yield for the trailing twelve months is around 4.46%, less than SRLN's 8.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JUCIX Janus Henderson Absolute Return Income Opportunities Fund | 4.46% | 4.67% | 3.74% | 2.10% | 1.49% | 1.70% | 3.43% | 3.25% | 2.64% | 4.78% | 2.30% | 0.44% |
SRLN SPDR Blackstone Senior Loan ETF | 8.24% | 8.58% | 8.44% | 5.72% | 4.45% | 4.91% | 5.39% | 4.98% | 4.01% | 3.94% | 4.43% | 3.66% |
Drawdowns
JUCIX vs. SRLN - Drawdown Comparison
The maximum JUCIX drawdown since its inception was -8.24%, smaller than the maximum SRLN drawdown of -22.29%. Use the drawdown chart below to compare losses from any high point for JUCIX and SRLN.
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Volatility
JUCIX vs. SRLN - Volatility Comparison
The current volatility for Janus Henderson Absolute Return Income Opportunities Fund (JUCIX) is 0.21%, while SPDR Blackstone Senior Loan ETF (SRLN) has a volatility of 0.79%. This indicates that JUCIX experiences smaller price fluctuations and is considered to be less risky than SRLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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