STOT vs. JSI

Last updated Jun 4, 2026

STOT (State Street DoubleLine Short Duration Total Return Tactical ETF) and JSI (Janus Henderson Securitized Income ETF) are both Short-Term Bond funds. STOT is passively managed, while JSI is actively managed. Over the past year, STOT returned 4.20% vs 4.72% for JSI. A 0.50 correlation means they provide meaningful diversification when combined. STOT charges 0.45%/yr vs 0.50%/yr for JSI.

Performance

STOT vs. JSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) and Janus Henderson Securitized Income ETF (JSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with STOT having a 0.97% return and JSI slightly higher at 0.99%.

STOT

• 1D: -0.04%
• 1M: 0.18%
• YTD: 0.97%
• 6M: 1.26%
• 1Y: 4.20%
• 3Y*: 5.32%
• 5Y*: 2.81%
• 10Y*: 2.43%

JSI

• 1D: -0.12%
• 1M: 0.24%
• YTD: 0.99%
• 6M: 1.47%
• 1Y: 4.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STOT vs. JSI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
STOT State Street DoubleLine Short Duration Total Return Tactical ETF	0.97%	5.56%	5.26%	2.23%
JSI Janus Henderson Securitized Income ETF	0.99%	6.46%	7.27%	3.39%

Correlation

The correlation between STOT and JSI is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (All Time) Calculated using the full available price history since Nov 10, 2023	0.50

The correlation between STOT and JSI has been stable across timeframes, ranging from 0.50 to 0.58 - a consistent structural relationship.

STOT vs. JSI - Sectors Allocation Comparison

Sectors	STOT	JSI
Communication Services	100.0%	10.5%
Basic Materials	-	1.9%
Consumer Cyclical	-	10.0%
Consumer Defensive	-	5.3%
Energy	-	4.0%
Financial Services	-	12.4%
Healthcare	-	9.5%
Industrials	-	8.5%
Real Estate	-	2.0%
Technology	-	33.5%
Utilities	-	2.6%

Return for Risk

STOT vs. JSI — Risk / Return Rank

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

STOT

STOT Risk / Return Rank: 94
STOT Sharpe Ratio Rank: 95
STOT Sortino Ratio Rank: 97
STOT Omega Ratio Rank: 96
STOT Calmar Ratio Rank: 90
STOT Martin Ratio Rank: 93

JSI

JSI Risk / Return Rank: 58
JSI Sharpe Ratio Rank: 58
JSI Sortino Ratio Rank: 57
JSI Omega Ratio Rank: 67
JSI Calmar Ratio Rank: 56
JSI Martin Ratio Rank: 53

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.

STOT vs. JSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) 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.

	STOT	JSI	Difference
Sharpe ratio: Return per unit of total volatility	3.81	1.99	+1.82
Sortino ratio: Return per unit of downside risk	5.93	2.77	+3.16
Omega ratio: Gain probability vs. loss probability	1.79	1.41	+0.38
Calmar ratio: Return relative to maximum drawdown	5.52	2.82	+2.70
Martin ratio: Return relative to average drawdown	24.02	9.18	+14.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STOT vs. JSI - Sharpe Ratio Comparison

The current STOT Sharpe Ratio is 3.81, which is higher than the JSI Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of STOT 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.

Sharpe Ratios by Period

	STOT	JSI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.81	1.99	+1.82
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.63	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.11	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.11	2.49	-1.37

Drawdowns

STOT vs. JSI - Drawdown Comparison

The maximum STOT drawdown since its inception was -6.07%, which is greater than JSI's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for STOT and JSI.

Drawdown Indicators

	STOT	JSI	Difference
Max Drawdown Largest peak-to-trough decline	-6.07%	-2.31%	-3.76%
Max Drawdown (1Y) Largest decline over 1 year	-0.76%	-1.68%	+0.92%
Max Drawdown (3Y) Largest decline over 3 years	-0.76%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-6.07%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-6.07%	—	—
Current Drawdown Current decline from peak	-0.07%	-0.46%	+0.39%
Average Drawdown Average peak-to-trough decline	-0.84%	-0.34%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.18%	0.52%	-0.34%

Volatility

STOT vs. JSI - Volatility Comparison

The current volatility for State Street DoubleLine Short Duration Total Return Tactical ETF (STOT) is 0.33%, while Janus Henderson Securitized Income ETF (JSI) has a volatility of 0.66%. This indicates that STOT experiences smaller price fluctuations and is considered to be less risky than JSI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STOT	JSI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.33%	0.66%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	0.84%	1.53%	-0.69%
Volatility (1Y) Calculated over the trailing 1-year period	1.11%	2.38%	-1.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.73%	2.88%	-1.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.20%	2.88%	-0.68%

STOT vs. JSI - Expense Ratio Comparison

STOT has a 0.45% expense ratio, which is lower than JSI's 0.50% expense ratio.

Dividends

STOT vs. JSI - Dividend Comparison

STOT's dividend yield for the trailing twelve months is around 4.41%, less than JSI's 5.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
JSI Janus Henderson Securitized Income ETF	5.80%	5.80%	6.16%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
STOT State Street DoubleLine Short Duration Total Return Tactical ETF	4.41%	4.52%	5.10%	4.53%	2.54%	1.76%	1.66%	2.61%	2.50%	1.95%	2.08%

Frequently Asked Questions

Can I hold both STOT and JSI in my portfolio?

STOT and JSI have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, STOT or JSI?

JSI has higher volatility (0.66%) compared to STOT (0.33%). In terms of maximum drawdown, STOT dropped -6.07% vs JSI's -2.31%.

Which ETF is better, STOT or JSI?

On 1-year performance, JSI leads with 4.72% vs 4.20% for STOT. On fees, STOT is cheaper at 0.45% per year. On volatility, STOT has been the lower-risk option at 0.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STOT or JSI?

Over the 1-year period, JSI has performed better with a 4.72% return vs 4.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STOT or JSI?

STOT is cheaper with a 0.45% expense ratio, compared with 0.50% for JSI.

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

JSI has the higher dividend yield at 5.80%, compared with 4.41% for STOT.

What is the main difference between STOT and JSI?

They also come from different issuers: State Street and Janus Henderson. Their fees differ too: 0.45% for STOT and 0.50% for JSI.

Which has better risk-adjusted returns?

STOT currently has the higher Sharpe Ratio (3.81 vs 1.99), 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.