Correlation
The correlation between VNLA and JBND is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
VNLA vs. JBND
Compare and contrast key facts about Janus Henderson Short Duration Income ETF (VNLA) and Jpmorgan Active Bond ETF (JBND).
VNLA and JBND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VNLA is an actively managed fund by Janus Henderson. It was launched on Nov 16, 2016. JBND is an actively managed fund by JPMorgan. It was launched on Oct 11, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VNLA or JBND.
Performance
VNLA vs. JBND - Performance Comparison
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Key characteristics
VNLA:
7.72
JBND:
1.21
VNLA:
14.07
JBND:
1.65
VNLA:
3.44
JBND:
1.19
VNLA:
13.51
JBND:
1.26
VNLA:
85.91
JBND:
2.84
VNLA:
0.08%
JBND:
1.99%
VNLA:
0.85%
JBND:
5.09%
VNLA:
-4.49%
JBND:
-4.48%
VNLA:
0.00%
JBND:
-2.10%
Returns By Period
In the year-to-date period, VNLA achieves a 1.97% return, which is significantly lower than JBND's 2.09% return.
VNLA
1.97%
0.54%
2.60%
6.55%
5.12%
3.14%
N/A
JBND
2.09%
-0.95%
1.11%
5.96%
N/A
N/A
N/A
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VNLA vs. JBND - Expense Ratio Comparison
VNLA has a 0.26% expense ratio, which is lower than JBND's 0.30% expense ratio.
Risk-Adjusted Performance
VNLA vs. JBND — Risk-Adjusted Performance Rank
VNLA
JBND
VNLA vs. JBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Short Duration Income ETF (VNLA) and Jpmorgan Active Bond ETF (JBND). 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.
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Dividends
VNLA vs. JBND - Dividend Comparison
VNLA's dividend yield for the trailing twelve months is around 4.94%, more than JBND's 4.48% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|---|
VNLA Janus Henderson Short Duration Income ETF | 4.94% | 4.97% | 3.95% | 4.35% | 1.67% | 1.21% | 3.13% | 3.74% | 1.79% | 0.08% |
JBND Jpmorgan Active Bond ETF | 4.48% | 4.59% | 1.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VNLA vs. JBND - Drawdown Comparison
The maximum VNLA drawdown since its inception was -4.49%, roughly equal to the maximum JBND drawdown of -4.48%. Use the drawdown chart below to compare losses from any high point for VNLA and JBND.
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Volatility
VNLA vs. JBND - Volatility Comparison
The current volatility for Janus Henderson Short Duration Income ETF (VNLA) is 0.24%, while Jpmorgan Active Bond ETF (JBND) has a volatility of 1.46%. This indicates that VNLA experiences smaller price fluctuations and is considered to be less risky than JBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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