LDUR vs. JABS

Last updated Jun 4, 2026

LDUR (PIMCO Enhanced Low Duration Active ETF) and JABS (Janus Henderson Asset-Backed Securities ETF) are both Short-Term Bond funds. Both are actively managed. At a 0.18 correlation, their price movements are largely independent. LDUR charges 0.54%/yr vs 0.33%/yr for JABS.

Performance

LDUR vs. JABS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Enhanced Low Duration Active ETF (LDUR) and Janus Henderson Asset-Backed Securities ETF (JABS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDUR achieves a 0.91% return, which is significantly lower than JABS's 1.29% return.

LDUR

• 1D: -0.02%
• 1M: 0.15%
• YTD: 0.91%
• 6M: 1.29%
• 1Y: 4.37%
• 3Y*: 5.11%
• 5Y*: 2.23%
• 10Y*: 2.43%

JABS

• 1D: -0.12%
• 1M: 0.33%
• YTD: 1.29%
• 6M: 1.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LDUR vs. JABS - Yearly Performance Comparison

	2026 (YTD)	2025
LDUR PIMCO Enhanced Low Duration Active ETF	0.91%	2.70%
JABS Janus Henderson Asset-Backed Securities ETF	1.29%	2.49%

Correlation

The correlation between LDUR and JABS is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.18

Return for Risk

LDUR vs. JABS — Risk / Return Rank

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

LDUR

LDUR Risk / Return Rank: 88
LDUR Sharpe Ratio Rank: 85
LDUR Sortino Ratio Rank: 91
LDUR Omega Ratio Rank: 88
LDUR Calmar Ratio Rank: 85
LDUR Martin Ratio Rank: 92

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.

LDUR vs. JABS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Low Duration Active ETF (LDUR) and Janus Henderson Asset-Backed Securities ETF (JABS). 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.

	LDUR	JABS	Difference
Sharpe ratio Return per unit of total volatility	2.83	—	—
Sortino ratio Return per unit of downside risk	4.32	—	—
Omega ratio Gain probability vs. loss probability	1.56	—	—
Calmar ratio Return relative to maximum drawdown	4.70	—	—
Martin ratio Return relative to average drawdown	22.64	—	—
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

	LDUR	JABS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.83	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.10	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.88	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.87	2.23	-1.36

Drawdowns

LDUR vs. JABS - Drawdown Comparison

The maximum LDUR drawdown since its inception was -8.68%, which is greater than JABS's maximum drawdown of -0.97%. Use the drawdown chart below to compare losses from any high point for LDUR and JABS.

Drawdown Indicators

	LDUR	JABS	Difference
Max Drawdown Largest peak-to-trough decline	-8.68%	-0.97%	-7.71%
Max Drawdown (1Y) Largest decline over 1 year	-0.93%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-1.17%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-6.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-8.68%	—	—
Current Drawdown Current decline from peak	-0.04%	-0.12%	+0.08%
Average Drawdown Average peak-to-trough decline	-0.85%	-0.18%	-0.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.19%	—	—

Volatility

Volatility by Period

	LDUR	JABS	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.55%	2.00%	-0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.03%	2.00%	+0.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.77%	2.00%	+0.77%

LDUR vs. JABS - Expense Ratio Comparison

LDUR has a 0.54% expense ratio, which is higher than JABS's 0.33% expense ratio.

Dividends

LDUR vs. JABS - Dividend Comparison

LDUR's dividend yield for the trailing twelve months is around 4.35%, more than JABS's 4.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JABS Janus Henderson Asset-Backed Securities ETF	4.19%	2.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LDUR PIMCO Enhanced Low Duration Active ETF	4.35%	4.60%	4.77%	4.11%	2.22%	0.90%	2.15%	3.14%	2.66%	2.08%	1.85%	2.92%

Frequently Asked Questions

Can I hold both LDUR and JABS in my portfolio?

LDUR and JABS have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LDUR or JABS?

On fees, JABS is cheaper at 0.33% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LDUR or JABS?

JABS is cheaper with a 0.33% expense ratio, compared with 0.54% for LDUR.

Which ETF pays a higher dividend yield, LDUR or JABS?

LDUR has the higher dividend yield at 4.35%, compared with 4.19% for JABS.

What is the main difference between LDUR and JABS?

They also come from different issuers: PIMCO and Janus Henderson. Their fees differ too: 0.54% for LDUR and 0.33% for JABS.