SYFFX vs. JSI
SYFFX (Pioneer Securitized Income Fund) and JSI (Janus Henderson Securitized Income ETF) are both funds - SYFFX is a Nontraditional Bonds fund managed by Amundi, while JSI is a Multisector Bonds fund actively managed by Janus Henderson. Over the past year, SYFFX returned 3.47% vs 3.15% for JSI. Their 0.62 correlation means they have sometimes moved together and sometimes differently. SYFFX charges 0.65%/yr vs 0.50%/yr for JSI.
Performance
SYFFX vs. JSI - Performance Comparison
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Returns By Period
In the year-to-date period, SYFFX achieves a 2.11% return, which is significantly higher than JSI's 1.49% return.
SYFFX
- 1D
- 0.00%
- 1M
- -0.21%
- 6M
- 1.37%
- YTD
- 2.11%
- 1Y
- 3.47%
- 3Y*
- 8.01%
- 5Y*
- 5.33%
- 10Y*
- —
- ALL TIME*
- 4.15%
JSI
- 1D
- 0.30%
- 1M
- 0.33%
- 6M
- 0.78%
- YTD
- 1.49%
- 1Y
- 3.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.24M | $5.31M | $6.50M | |
| $0.00 | $0.00 | $0.00 |
SYFFX vs. JSI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SYFFX Pioneer Securitized Income Fund | 2.11% | 6.83% | 9.33% | 3.55% |
JSI Janus Henderson Securitized Income ETF | 1.49% | 6.46% | 7.27% | 3.29% |
Correlation
The correlation between SYFFX and JSI is 0.51, 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. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Nov 9, 2023 | 0.62 |
The correlation between SYFFX and JSI shifts across timeframes, from 0.51 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SYFFX vs. JSI — Risk / Return Rank
SYFFX
JSI
SYFFX vs. JSI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Securitized Income Fund (SYFFX) 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.
| SYFFX | JSI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.26 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 1.88 | +0.37 |
| Martin ratioReturn relative to average drawdown | 6.02 | 5.94 | +0.07 |
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Drawdowns
SYFFX vs. JSI - Drawdown Comparison
The maximum SYFFX drawdown since its inception was -38.78%, which is greater than JSI's maximum drawdown of -2.31%. Use the drawdown chart below to compare losses from any high point for SYFFX and JSI.
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Drawdown Indicators
| SYFFX | JSI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.78% | -2.31% | -36.47% |
Max Drawdown (1Y)Largest decline over 1 year | -1.55% | -1.68% | +0.13% |
Max Drawdown (3Y)Largest decline over 3 years | -1.55% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -6.11% | — | — |
Current DrawdownCurrent decline from peak | -0.21% | 0.00% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -3.82% | -0.34% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 0.53% | +0.05% |
Volatility
SYFFX vs. JSI - Volatility Comparison
The current volatility for Pioneer Securitized Income Fund (SYFFX) is 0.26%, while Janus Henderson Securitized Income ETF (JSI) has a volatility of 0.46%. This indicates that SYFFX 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.
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Volatility by Period
| SYFFX | JSI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.26% | 0.46% | -0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 1.55% | 1.68% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.38% | 2.37% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.04% | 2.85% | +0.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.67% | 2.85% | +5.82% |
SYFFX vs. JSI - Expense Ratio Comparison
SYFFX has a 0.65% expense ratio, which is higher than JSI's 0.50% expense ratio.
Dividends
SYFFX vs. JSI - Dividend Comparison
SYFFX's dividend yield for the trailing twelve months is around 5.87%, which matches JSI's 5.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
JSI Janus Henderson Securitized Income ETF | 5.91% | 5.80% | 6.16% | 0.84% | 0.00% | 0.00% |
SYFFX Pioneer Securitized Income Fund | 5.87% | 6.62% | 6.94% | 8.07% | 5.96% | 2.48% |
Frequently Asked Questions
SYFFX and JSI have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JSI has higher volatility (0.46%) compared to SYFFX (0.26%). In terms of maximum drawdown, SYFFX dropped -38.78% vs JSI's -2.31%.
SYFFX currently has the higher Sharpe Ratio (1.47 vs 1.33), 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.
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