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XCCC vs. JBBB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XCCC and JBBB is 0.12, 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.


Performance

XCCC vs. JBBB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and Janus Henderson B-BBB CLO ETF (JBBB). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

XCCC:

1.19

JBBB:

1.39

Sortino Ratio

XCCC:

1.51

JBBB:

1.95

Omega Ratio

XCCC:

1.28

JBBB:

1.41

Calmar Ratio

XCCC:

1.00

JBBB:

1.55

Martin Ratio

XCCC:

4.95

JBBB:

7.04

Ulcer Index

XCCC:

2.22%

JBBB:

0.96%

Daily Std Dev

XCCC:

9.94%

JBBB:

4.65%

Max Drawdown

XCCC:

-11.00%

JBBB:

-10.79%

Current Drawdown

XCCC:

-1.67%

JBBB:

-0.48%

Returns By Period

In the year-to-date period, XCCC achieves a 0.01% return, which is significantly lower than JBBB's 0.80% return.


XCCC

YTD

0.01%

1M

1.77%

6M

0.28%

1Y

11.21%

3Y*

N/A

5Y*

N/A

10Y*

N/A

JBBB

YTD

0.80%

1M

1.42%

6M

1.57%

1Y

6.31%

3Y*

9.64%

5Y*

N/A

10Y*

N/A

*Annualized

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XCCC vs. JBBB - Expense Ratio Comparison

XCCC has a 0.40% expense ratio, which is lower than JBBB's 0.49% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

XCCC vs. JBBB — Risk-Adjusted Performance Rank

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

XCCC
The Risk-Adjusted Performance Rank of XCCC is 8585
Overall Rank
The Sharpe Ratio Rank of XCCC is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of XCCC is 8484
Sortino Ratio Rank
The Omega Ratio Rank of XCCC is 8989
Omega Ratio Rank
The Calmar Ratio Rank of XCCC is 8282
Calmar Ratio Rank
The Martin Ratio Rank of XCCC is 8585
Martin Ratio Rank

JBBB
The Risk-Adjusted Performance Rank of JBBB is 9191
Overall Rank
The Sharpe Ratio Rank of JBBB is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of JBBB is 8989
Sortino Ratio Rank
The Omega Ratio Rank of JBBB is 9595
Omega Ratio Rank
The Calmar Ratio Rank of JBBB is 9090
Calmar Ratio Rank
The Martin Ratio Rank of JBBB is 8989
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XCCC vs. JBBB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and Janus Henderson B-BBB CLO ETF (JBBB). 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.


The current XCCC Sharpe Ratio is 1.19, which is comparable to the JBBB Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of XCCC and JBBB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

XCCC vs. JBBB - Dividend Comparison

XCCC's dividend yield for the trailing twelve months is around 10.67%, more than JBBB's 7.97% yield.


TTM202420232022
XCCC
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
10.67%10.67%11.01%7.64%
JBBB
Janus Henderson B-BBB CLO ETF
7.97%7.65%8.10%5.03%

Drawdowns

XCCC vs. JBBB - Drawdown Comparison

The maximum XCCC drawdown since its inception was -11.00%, roughly equal to the maximum JBBB drawdown of -10.79%. Use the drawdown chart below to compare losses from any high point for XCCC and JBBB.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

XCCC vs. JBBB - Volatility Comparison

BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) has a higher volatility of 2.82% compared to Janus Henderson B-BBB CLO ETF (JBBB) at 1.08%. This indicates that XCCC's price experiences larger fluctuations and is considered to be riskier than JBBB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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