Janus Henderson Securitized Income ETF
The ETF.net JSI Grade
C
Score 46 out of 100
- 5 of 11
Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F23 out of 100Rank 9 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.D36 out of 100Rank 2 of 5Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 7 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A70 out of 100Rank 3 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B64 out of 100Rank 6 of 11Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A88 out of 100Rank 2 of 11
Our read on JSI
In short
CJanus Henderson made its name in securitized credit, and JSI is the all-sleeves version: ABS, CLOs, CMBS and agency mortgages in one active ticker at 0.50% net of a waiver through February 28, 2028.
Stated mandate
The fund seeks current income while emphasizing capital preservation.
Why people hold it
Worth knowing
JSI Holdings
- Bonds
- 577
- 17%
- UMBS TBA 30yr 6% November Delivery, 6.00%, 11/12/26
Sectors
- Technology39.0%
- Financials11.1%
- Communication10.6%
- Consumer Discretionary9.9%
- Health Care8.3%
- Industrials7.8%
- Consumer Staples4.5%
- Energy3.1%
- Utilities2.1%
- Real Estate1.8%
- Materials1.7%
Geography
- United States95.35%
- Cayman Islands4.33%
- Japan0.32%
JSI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
JSI$10,197
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | JSI |
|---|---|
| Year to date | +0.9% |
| 1 month | +0.7% |
| 3 months | −0.3% |
| 1 year | +2.0% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JSI |
|---|---|---|
| 2026 YTD | +0.9% | |
| 2025 | +6.5% | |
| 2024 | +7.5% | |
| 2023 | +3.4% |
JSI in the news
JSI Dividends
- 6.59%
- $3.30
- $0.26 per share
- Monthly
JSI Risk
- 2.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.49
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −2.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
JSI Cost
Overpaying vs WDE, cheapest in Multi-Sector Securitized Bond
$6,027
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
JSI 0.50%
$9,979
WDE 0.19% Cheapest
$3,952
Cost over time
Year by year
| Year | JSI | WDE | Overpaying |
|---|---|---|---|
| 10 | $900 | $347 | $553 |
| 20 | $3,460 | $1,351 | $2,109 |
| 30 | $9,979 | $3,952 | $6,027 |
You pay 0.50%Waived by Janus Henderson 0.01%
Full fee 0.51% waiver 0.01% you pay 0.50%
Other funds in Multi-Sector Securitized Bond
- CWDEPrincipal Securitized Debt ETFExpense ratio 0.19%1 year return
- CSECUiShares Securitized Income Active ETFExpense ratio 0.41%1 year return
- CPINCPGIM Securitized Income ETFExpense ratio 0.39%1 year return
- CPRABState Street IG Public & Private ABS ETFExpense ratio 0.39%1 year return
- DOGSPObra High Grade Structured Products ETFExpense ratio 0.64%1 year return +5.1%
