SCRD vs. JABS
SCRD (Janus Henderson Corporate Bond ETF) and JABS (Janus Henderson Asset-Backed Securities ETF) are both exchange-traded funds - SCRD is a Corporate Bonds fund actively managed by Janus Henderson, while JABS is a Short-Term Bond fund actively managed by Janus Henderson. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. SCRD charges 0.35%/yr vs 0.33%/yr for JABS.
Performance
SCRD vs. JABS - Performance Comparison
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Returns By Period
In the year-to-date period, SCRD achieves a 0.24% return, which is significantly lower than JABS's 1.29% return.
SCRD
- 1D
- -0.21%
- 1M
- 0.42%
- YTD
- 0.24%
- 6M
- 0.13%
- 1Y
- 6.25%
- 3Y*
- 5.54%
- 5Y*
- —
- 10Y*
- —
JABS
- 1D
- -0.12%
- 1M
- 0.33%
- YTD
- 1.29%
- 6M
- 1.94%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCRD vs. JABS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SCRD Janus Henderson Corporate Bond ETF | 0.24% | 4.06% |
JABS Janus Henderson Asset-Backed Securities ETF | 1.29% | 2.49% |
Correlation
The correlation between SCRD and JABS is 0.24, 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 | 0.24 |
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Return for Risk
SCRD vs. JABS — Risk / Return Rank
SCRD
JABS
SCRD vs. JABS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Corporate Bond ETF (SCRD) 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.
| SCRD | JABS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.29 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | — | — |
| Martin ratioReturn relative to average drawdown | 7.63 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SCRD | JABS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 2.23 | -2.21 |
Drawdowns
SCRD vs. JABS - Drawdown Comparison
The maximum SCRD drawdown since its inception was -21.17%, which is greater than JABS's maximum drawdown of -0.97%. Use the drawdown chart below to compare losses from any high point for SCRD and JABS.
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Drawdown Indicators
| SCRD | JABS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.17% | -0.97% | -20.20% |
Max Drawdown (1Y)Largest decline over 1 year | -2.87% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.84% | — | — |
Current DrawdownCurrent decline from peak | -0.97% | -0.12% | -0.85% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -0.18% | -8.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | — | — |
Volatility
SCRD vs. JABS - Volatility Comparison
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Volatility by Period
| SCRD | JABS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.78% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.88% | 2.00% | +1.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.32% | 2.00% | +4.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.32% | 2.00% | +4.32% |
SCRD vs. JABS - Expense Ratio Comparison
SCRD has a 0.35% expense ratio, which is higher than JABS's 0.33% expense ratio.
Dividends
SCRD vs. JABS - Dividend Comparison
SCRD's dividend yield for the trailing twelve months is around 5.44%, more than JABS's 4.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
JABS Janus Henderson Asset-Backed Securities ETF | 4.19% | 2.19% | 0.00% | 0.00% | 0.00% | 0.00% |
SCRD Janus Henderson Corporate Bond ETF | 5.44% | 5.28% | 5.36% | 3.99% | 2.77% | 0.83% |
Frequently Asked Questions
SCRD and JABS have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
JABS is cheaper with a 0.33% expense ratio, compared with 0.35% for SCRD.
SCRD has the higher dividend yield at 5.44%, compared with 4.19% for JABS.
SCRD is categorized as Corporate Bonds, while JABS is Short-Term Bond. Their fees differ too: 0.35% for SCRD and 0.33% for JABS.
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