JAAA vs. RPELX
Compare and contrast key facts about Janus Henderson AAA CLO ETF (JAAA) and T. Rowe Price Dynamic Credit Fund (RPELX).
JAAA is an actively managed fund by Janus Henderson. It was launched on Oct 16, 2020. RPELX is managed by T. Rowe Price. It was launched on Jan 9, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JAAA or RPELX.
Correlation
The correlation between JAAA and RPELX is 0.02, 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.
Performance
JAAA vs. RPELX - Performance Comparison
Key characteristics
JAAA:
10.38
RPELX:
2.87
JAAA:
21.51
RPELX:
5.55
JAAA:
6.03
RPELX:
1.69
JAAA:
21.95
RPELX:
1.90
JAAA:
203.32
RPELX:
29.29
JAAA:
0.04%
RPELX:
0.31%
JAAA:
0.69%
RPELX:
3.15%
JAAA:
-2.60%
RPELX:
-19.94%
JAAA:
-0.08%
RPELX:
0.00%
Returns By Period
In the year-to-date period, JAAA achieves a 0.74% return, which is significantly lower than RPELX's 1.75% return.
JAAA
0.74%
0.33%
3.35%
7.04%
N/A
N/A
RPELX
1.75%
1.18%
5.13%
8.92%
2.44%
N/A
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JAAA vs. RPELX - Expense Ratio Comparison
JAAA has a 0.21% expense ratio, which is lower than RPELX's 0.56% expense ratio.
Risk-Adjusted Performance
JAAA vs. RPELX — Risk-Adjusted Performance Rank
JAAA
RPELX
JAAA vs. RPELX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson AAA CLO ETF (JAAA) and T. Rowe Price Dynamic Credit Fund (RPELX). 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
JAAA vs. RPELX - Dividend Comparison
JAAA's dividend yield for the trailing twelve months is around 6.20%, less than RPELX's 7.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
JAAA Janus Henderson AAA CLO ETF | 6.20% | 6.35% | 6.10% | 2.77% | 1.21% | 0.26% | 0.00% |
RPELX T. Rowe Price Dynamic Credit Fund | 7.21% | 6.95% | 5.95% | 3.95% | 3.51% | 4.18% | 4.05% |
Drawdowns
JAAA vs. RPELX - Drawdown Comparison
The maximum JAAA drawdown since its inception was -2.60%, smaller than the maximum RPELX drawdown of -19.94%. Use the drawdown chart below to compare losses from any high point for JAAA and RPELX. For additional features, visit the drawdowns tool.
Volatility
JAAA vs. RPELX - Volatility Comparison
The current volatility for Janus Henderson AAA CLO ETF (JAAA) is 0.13%, while T. Rowe Price Dynamic Credit Fund (RPELX) has a volatility of 0.95%. This indicates that JAAA experiences smaller price fluctuations and is considered to be less risky than RPELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.