QHY vs. JBBB

Last updated Apr 1, 2026

Compare and contrast key facts about WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) and Janus Henderson B-BBB CLO ETF (JBBB).

QHY and JBBB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QHY is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree U.S. High Yield Corporate Bond Index. It was launched on Apr 27, 2016. JBBB is an actively managed fund by Janus Henderson. It was launched on Jan 11, 2022.

Performance

QHY vs. JBBB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) and Janus Henderson B-BBB CLO ETF (JBBB). The values are adjusted to include any dividend payments, if applicable.

QHY vs. JBBB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
QHY WisdomTree U.S. Short-Term Corporate Bond Fund	-0.43%	9.61%	5.92%	10.12%	-11.09%
JBBB Janus Henderson B-BBB CLO ETF	-0.81%	5.43%	12.50%	17.63%	-5.99%

Returns By Period

In the year-to-date period, QHY achieves a -0.43% return, which is significantly higher than JBBB's -0.81% return.

QHY

• 1D: 1.16%
• 1M: -1.18%
• YTD: -0.43%
• 6M: 0.94%
• 1Y: 7.52%
• 3Y*: 7.22%
• 5Y*: 3.11%
• 10Y*: —

JBBB

• 1D: -0.05%
• 1M: 0.25%
• YTD: -0.81%
• 6M: 0.58%
• 1Y: 3.88%
• 3Y*: 10.83%
• 5Y*: —
• 10Y*: —

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

QHY vs. JBBB - Expense Ratio Comparison

QHY has a 0.38% expense ratio, which is lower than JBBB's 0.49% expense ratio.

JBBB

Janus Henderson B-BBB CLO ETF

QHY

WisdomTree U.S. Short-Term Corporate Bond Fund

Return for Risk

QHY vs. JBBB — Risk / Return Rank

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

QHY

QHY Risk / Return Rank: 76
QHY Sharpe Ratio Rank: 73
QHY Sortino Ratio Rank: 74
QHY Omega Ratio Rank: 81
QHY Calmar Ratio Rank: 71
QHY Martin Ratio Rank: 81

JBBB

JBBB Risk / Return Rank: 49
JBBB Sharpe Ratio Rank: 45
JBBB Sortino Ratio Rank: 42
JBBB Omega Ratio Rank: 51
JBBB Calmar Ratio Rank: 52
JBBB Martin Ratio Rank: 56

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.

QHY vs. JBBB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) and Janus Henderson B-BBB CLO ETF (JBBB). 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.

	QHY	JBBB	Difference
Sharpe ratio Return per unit of total volatility	1.33	0.78	+0.56
Sortino ratio Return per unit of downside risk	1.93	1.11	+0.81
Omega ratio Gain probability vs. loss probability	1.32	1.18	+0.14
Calmar ratio Return relative to maximum drawdown	1.89	1.22	+0.67
Martin ratio Return relative to average drawdown	9.05	5.00	+4.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QHY vs. JBBB - Sharpe Ratio Comparison

The current QHY Sharpe Ratio is 1.33, which is higher than the JBBB Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of QHY and JBBB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QHY	JBBB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	0.78	+0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	1.22	-0.62

Correlation

The correlation between QHY and JBBB is 0.11, 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.

Dividends

QHY vs. JBBB - Dividend Comparison

QHY's dividend yield for the trailing twelve months is around 6.34%, less than JBBB's 8.38% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QHY WisdomTree U.S. Short-Term Corporate Bond Fund	6.34%	6.26%	6.40%	6.11%	5.44%	4.09%	4.80%	5.21%	5.93%	6.47%	4.39%
JBBB Janus Henderson B-BBB CLO ETF	8.38%	8.41%	9.24%	8.71%	5.71%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

QHY vs. JBBB - Drawdown Comparison

The maximum QHY drawdown since its inception was -22.74%, which is greater than JBBB's maximum drawdown of -10.57%. Use the drawdown chart below to compare losses from any high point for QHY and JBBB.

Drawdown Indicators

	QHY	JBBB	Difference
Max Drawdown Largest peak-to-trough decline	-22.74%	-10.57%	-12.17%
Max Drawdown (1Y) Largest decline over 1 year	-4.02%	-3.49%	-0.53%
Max Drawdown (5Y) Largest decline over 5 years	-16.21%	—	—
Current Drawdown Current decline from peak	-1.51%	-2.01%	+0.50%
Average Drawdown Average peak-to-trough decline	-2.79%	-1.62%	-1.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.84%	0.85%	-0.01%

Volatility

QHY vs. JBBB - Volatility Comparison

WisdomTree U.S. Short-Term Corporate Bond Fund (QHY) has a higher volatility of 2.09% compared to Janus Henderson B-BBB CLO ETF (JBBB) at 1.96%. This indicates that QHY's price experiences larger fluctuations and is considered to be riskier than JBBB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QHY	JBBB	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.09%	1.96%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	2.78%	2.60%	+0.18%
Volatility (1Y) Calculated over the trailing 1-year period	5.67%	5.04%	+0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.55%	5.33%	+2.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.22%	5.33%	+2.89%