SCRD vs. JLQD

Last updated Apr 2, 2026

Compare and contrast key facts about Janus Henderson Corporate Bond ETF (SCRD) and Janus Henderson Corporate Bond ETF (JLQD).

SCRD and JLQD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SCRD is an actively managed fund by Janus Henderson. It was launched on Sep 8, 2021. JLQD is a passively managed fund by Janus Henderson that tracks the performance of the Bloomberg U.S. Corporate Bond Index. It was launched on Sep 8, 2021.

Performance

SCRD vs. JLQD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Corporate Bond ETF (SCRD) and Janus Henderson Corporate Bond ETF (JLQD). The values are adjusted to include any dividend payments, if applicable.

SCRD vs. JLQD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SCRD Janus Henderson Corporate Bond ETF	-0.63%	7.77%	3.21%	8.76%	-15.99%	-1.25%
JLQD Janus Henderson Corporate Bond ETF	-0.63%	7.77%	3.21%	8.76%	-15.99%	-1.25%

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with SCRD at -0.63% and JLQD at -0.63%.

SCRD

• 1D: 0.04%
• 1M: -1.59%
• YTD: -0.63%
• 6M: 0.29%
• 1Y: 4.33%
• 3Y*: 5.06%
• 5Y*: —
• 10Y*: —

JLQD

• 1D: 0.04%
• 1M: -1.59%
• YTD: -0.63%
• 6M: 0.29%
• 1Y: 4.33%
• 3Y*: 5.06%
• 5Y*: —
• 10Y*: —

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

SCRD vs. JLQD - Expense Ratio Comparison

SCRD has a 0.35% expense ratio, which is higher than JLQD's 0.20% expense ratio.

SCRD

Janus Henderson Corporate Bond ETF

JLQD

Janus Henderson Corporate Bond ETF

Return for Risk

SCRD vs. JLQD — Risk / Return Rank

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

SCRD

SCRD Risk / Return Rank: 41
SCRD Sharpe Ratio Rank: 43
SCRD Sortino Ratio Rank: 39
SCRD Omega Ratio Rank: 40
SCRD Calmar Ratio Rank: 42
SCRD Martin Ratio Rank: 39

JLQD

JLQD Risk / Return Rank: 40
JLQD Sharpe Ratio Rank: 42
JLQD Sortino Ratio Rank: 38
JLQD Omega Ratio Rank: 39
JLQD Calmar Ratio Rank: 40
JLQD Martin Ratio Rank: 38

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.

SCRD vs. JLQD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Corporate Bond ETF (SCRD) and Janus Henderson Corporate Bond ETF (JLQD). 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	JLQD	Difference
Sharpe ratio Return per unit of total volatility	0.86	0.86	0.00
Sortino ratio Return per unit of downside risk	1.19	1.19	0.00
Omega ratio Gain probability vs. loss probability	1.17	1.17	0.00
Calmar ratio Return relative to maximum drawdown	1.27	1.27	0.00
Martin ratio Return relative to average drawdown	4.28	4.28	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SCRD vs. JLQD - Sharpe Ratio Comparison

The current SCRD Sharpe Ratio is 0.86, which is comparable to the JLQD Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of SCRD and JLQD, 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

	SCRD	JLQD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	0.86	0.00
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	-0.01	0.00

Correlation

The correlation between SCRD and JLQD is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SCRD vs. JLQD - Dividend Comparison

SCRD's dividend yield for the trailing twelve months is around 5.37%, which matches JLQD's 5.37% yield.

	TTM	2025	2024	2023	2022	2021
SCRD Janus Henderson Corporate Bond ETF	5.37%	5.28%	5.36%	3.99%	2.77%	0.83%
JLQD Janus Henderson Corporate Bond ETF	5.37%	5.28%	5.36%	3.99%	2.77%	0.83%

Drawdowns

SCRD vs. JLQD - Drawdown Comparison

The maximum SCRD drawdown since its inception was -21.17%, roughly equal to the maximum JLQD drawdown of -21.17%. Use the drawdown chart below to compare losses from any high point for SCRD and JLQD.

Drawdown Indicators

	SCRD	JLQD	Difference
Max Drawdown Largest peak-to-trough decline	-21.17%	-21.17%	0.00%
Max Drawdown (1Y) Largest decline over 1 year	-3.57%	-3.57%	0.00%
Current Drawdown Current decline from peak	-1.83%	-1.83%	0.00%
Average Drawdown Average peak-to-trough decline	-9.06%	-9.06%	0.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.06%	1.06%	0.00%

Volatility

SCRD vs. JLQD - Volatility Comparison

Janus Henderson Corporate Bond ETF (SCRD) and Janus Henderson Corporate Bond ETF (JLQD) have volatilities of 1.97% and 1.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCRD	JLQD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.97%	1.97%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.55%	2.55%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	5.03%	5.03%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.39%	6.39%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.39%	6.39%	0.00%