SCRD vs. VNLA
Compare and contrast key facts about Janus Henderson Corporate Bond ETF (SCRD) and Janus Henderson Short Duration Income ETF (VNLA).
SCRD and VNLA 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. VNLA is a passively managed fund by Janus Henderson that tracks the performance of the FTSE 3-Month U.S. Treasury Bill Index. It was launched on Nov 16, 2016.
Performance
SCRD vs. VNLA - Performance Comparison
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SCRD vs. VNLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SCRD Janus Henderson Corporate Bond ETF | -0.67% | 7.77% | 3.21% | 8.76% | -15.99% | -1.25% |
VNLA Janus Henderson Short Duration Income ETF | 0.59% | 5.45% | 6.41% | 6.09% | -0.17% | -0.18% |
Returns By Period
In the year-to-date period, SCRD achieves a -0.67% return, which is significantly lower than VNLA's 0.59% return.
SCRD
- 1D
- 0.69%
- 1M
- -1.85%
- YTD
- -0.67%
- 6M
- 0.31%
- 1Y
- 4.47%
- 3Y*
- 5.05%
- 5Y*
- —
- 10Y*
- —
VNLA
- 1D
- 0.06%
- 1M
- -0.20%
- YTD
- 0.59%
- 6M
- 1.89%
- 1Y
- 4.75%
- 3Y*
- 5.73%
- 5Y*
- 3.68%
- 10Y*
- —
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SCRD vs. VNLA - Expense Ratio Comparison
SCRD has a 0.35% expense ratio, which is higher than VNLA's 0.23% expense ratio.
Return for Risk
SCRD vs. VNLA — Risk / Return Rank
SCRD
VNLA
SCRD vs. VNLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Corporate Bond ETF (SCRD) and Janus Henderson Short Duration Income ETF (VNLA). 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 | VNLA | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.89 | 6.59 | -5.70 |
Sortino ratioReturn per unit of downside risk | 1.23 | 11.40 | -10.17 |
Omega ratioGain probability vs. loss probability | 1.18 | 3.18 | -2.00 |
Calmar ratioReturn relative to maximum drawdown | 1.31 | 10.02 | -8.71 |
Martin ratioReturn relative to average drawdown | 4.45 | 45.04 | -40.59 |
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 | VNLA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.89 | 6.59 | -5.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 3.57 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 2.06 | -2.07 |
Correlation
The correlation between SCRD and VNLA is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
SCRD vs. VNLA - Dividend Comparison
SCRD's dividend yield for the trailing twelve months is around 5.82%, more than VNLA's 5.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SCRD Janus Henderson Corporate Bond ETF | 5.82% | 5.28% | 5.36% | 3.99% | 2.77% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VNLA Janus Henderson Short Duration Income ETF | 5.26% | 4.84% | 4.97% | 3.95% | 4.35% | 1.67% | 1.21% | 3.13% | 2.43% | 1.79% | 0.08% |
Drawdowns
SCRD vs. VNLA - Drawdown Comparison
The maximum SCRD drawdown since its inception was -21.17%, which is greater than VNLA's maximum drawdown of -4.49%. Use the drawdown chart below to compare losses from any high point for SCRD and VNLA.
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Drawdown Indicators
| SCRD | VNLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.17% | -4.49% | -16.68% |
Max Drawdown (1Y)Largest decline over 1 year | -3.57% | -0.47% | -3.10% |
Max Drawdown (5Y)Largest decline over 5 years | — | -1.76% | — |
Current DrawdownCurrent decline from peak | -1.88% | -0.20% | -1.68% |
Average DrawdownAverage peak-to-trough decline | -9.06% | -0.24% | -8.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 0.10% | +0.95% |
Volatility
SCRD vs. VNLA - Volatility Comparison
Janus Henderson Corporate Bond ETF (SCRD) has a higher volatility of 1.97% compared to Janus Henderson Short Duration Income ETF (VNLA) at 0.28%. This indicates that SCRD's price experiences larger fluctuations and is considered to be riskier than VNLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SCRD | VNLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.97% | 0.28% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 2.56% | 0.45% | +2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.03% | 0.73% | +4.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.39% | 1.04% | +5.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.39% | 1.44% | +4.95% |