SCRD vs. JSI

Last updated Aug 1, 2026

SCRD (Janus Henderson Corporate Bond ETF) and JSI (Janus Henderson Securitized Income ETF) are both exchange-traded funds - SCRD is a Corporate Bonds fund actively managed by Janus Henderson, while JSI is a Multisector Bonds fund actively managed by Janus Henderson. Both are actively managed. Over the past year, SCRD returned 2.23% vs 2.95% for JSI. Their 0.71 correlation means they have sometimes moved together and sometimes differently. SCRD charges 0.35%/yr vs 0.50%/yr for JSI.

Performance

SCRD vs. JSI - Performance Comparison

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

Returns By Period

In the year-to-date period, SCRD achieves a -0.82% return, which is significantly lower than JSI's 1.23% return.

SCRD

• 1D: -0.18%
• 1M: -1.60%
• 6M: -1.35%
• YTD: -0.82%
• 1Y: 2.23%
• 3Y*: 5.28%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -0.04%

JSI

• 1D: -0.09%
• 1M: 0.08%
• 6M: 0.55%
• YTD: 1.23%
• 1Y: 2.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 6.73%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JSI Janus Henderson Securitized Income ETF	$4.88M	$5.15M	$6.51M
SCRD Janus Henderson Corporate Bond ETF	$60.75K	$36.11K	$25.04K

SCRD vs. JSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SCRD Janus Henderson Corporate Bond ETF	-0.82%	7.77%	3.21%	7.93%
JSI Janus Henderson Securitized Income ETF	1.23%	6.46%	7.27%	3.29%

Correlation

The correlation between SCRD and JSI is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.55
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023	0.71

The correlation between SCRD and JSI shifts across timeframes, from 0.55 (1 year) to 0.71 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SCRD vs. JSI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SCRD

SCRD Risk / Return Rank: 31
SCRD Sharpe Ratio Rank: 32
SCRD Sortino Ratio Rank: 31
SCRD Omega Ratio Rank: 29
SCRD Calmar Ratio Rank: 30
SCRD Martin Ratio Rank: 33

JSI

JSI Risk / Return Rank: 62
JSI Sharpe Ratio Rank: 63
JSI Sortino Ratio Rank: 59
JSI Omega Ratio Rank: 71
JSI Calmar Ratio Rank: 60
JSI Martin Ratio Rank: 57

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SCRD vs. JSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Corporate Bond ETF (SCRD) and Janus Henderson Securitized Income ETF (JSI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SCRD	JSI	Difference
Sharpe ratio: Return per unit of total volatility	0.79	1.47	-0.68
Sortino ratio: Return per unit of downside risk	1.16	2.01	-0.85
Omega ratio: Gain probability vs. loss probability	1.14	1.29	-0.15
Calmar ratio: Return relative to maximum drawdown	1.01	2.11	-1.10
Martin ratio: Return relative to average drawdown	3.13	6.67	-3.54

SCRD vs. JSI - Sharpe Ratio Comparison

The current SCRD Sharpe Ratio is 0.79, which is lower than the JSI Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of SCRD and JSI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SCRD vs. JSI - Drawdown Comparison

The maximum SCRD drawdown since its inception was -21.17%, which is greater than JSI's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for SCRD and JSI.

Drawdown Indicators

	SCRD	JSI	Difference
Max Drawdown Largest peak-to-trough decline	-21.17%	-2.31%	-18.86%
Max Drawdown (1Y) Largest decline over 1 year	-2.87%	-1.68%	-1.19%
Max Drawdown (3Y) Largest decline over 3 years	-5.59%	—	—
Current Drawdown Current decline from peak	-2.02%	-0.22%	-1.80%
Average Drawdown Average peak-to-trough decline	-8.51%	-0.34%	-8.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	0.53%	+0.39%

Volatility

SCRD vs. JSI - Volatility Comparison

Janus Henderson Corporate Bond ETF (SCRD) has a higher volatility of 0.87% compared to Janus Henderson Securitized Income ETF (JSI) at 0.39%. This indicates that SCRD's price experiences larger fluctuations and is considered to be riskier than JSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SCRD	JSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.87%	0.39%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	2.90%	1.66%	+1.24%
Volatility (1Y) Calculated over the trailing 1-year period	3.65%	2.41%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.24%	2.85%	+3.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.24%	2.85%	+3.39%

SCRD vs. JSI - Expense Ratio Comparison

SCRD has a 0.35% expense ratio, which is lower than JSI's 0.50% expense ratio.

Dividends

SCRD vs. JSI - Dividend Comparison

SCRD's dividend yield for the trailing twelve months is around 5.99%, less than JSI's 6.37% yield.

Position	TTM	2025	2024	2023	2022	2021
JSI Janus Henderson Securitized Income ETF	5.93%	5.80%	6.16%	0.84%	0.00%	0.00%
SCRD Janus Henderson Corporate Bond ETF	5.55%	5.28%	5.36%	3.99%	2.77%	0.83%

Frequently Asked Questions

Can I hold both SCRD and JSI in my portfolio?

SCRD and JSI have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SCRD or JSI?

SCRD has higher volatility (0.87%) compared to JSI (0.39%). In terms of maximum drawdown, SCRD dropped -21.17% vs JSI's -2.31%.

Which ETF is better, SCRD or JSI?

On 1-year performance, JSI leads with 2.95% vs 2.23% for SCRD. On fees, SCRD is cheaper at 0.35% per year. On volatility, JSI has been the lower-risk option at 0.39%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SCRD or JSI?

Over the 1-year period, JSI has performed better with a 2.95% return vs 2.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SCRD or JSI?

SCRD is cheaper with a 0.35% expense ratio, compared with 0.50% for JSI.

Which ETF pays a higher dividend yield, SCRD or JSI?

JSI has the higher dividend yield at 5.93%, compared with 5.55% for SCRD.

What is the main difference between SCRD and JSI?

SCRD is categorized as Corporate Bonds, while JSI is Multisector Bonds. Their fees differ too: 0.35% for SCRD and 0.50% for JSI.

Which has better risk-adjusted returns?

JSI currently has the higher Sharpe Ratio (1.47 vs 0.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.