Janus Henderson Securitized Income ETF
$50.08+0.05 (+0.10%)
- 0.51%
- $1.5B
- +1.7%
- 6.08%
- 0.2M sh
- $50.02
- low $49.85high $52.58
The ETF.net JSI Grade
C
Score 45 out of 100
- 6 of 11
Score 45 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.D33 out of 100Rank 2 of 4Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C44 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 2 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B57 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.A89 out of 100Rank 2 of 11
Our read on JSI
CMost bond funds treat securitized debt as a garnish. JSI makes it the main course: an actively managed US portfolio built around current income with an emphasis on capital preservation, paid out monthly.
The fund seeks current income while emphasizing capital preservation.
Why people hold it
- Securitized credit is a slice most core bond funds only dabble in. Here it is the entire mandate, actively run across roughly 300 positions.
- The job description is unusually clear: current income while emphasizing capital preservation, with cash paid to shareholders monthly.
- Past a billion dollars in assets with steady daily volume, so it changes hands like an established fund rather than a thin newcomer.
- Standard 1940 Act ETF wrapper, so it reports on a 1099 with no partnership paperwork attached.
Worth knowing
- At 0.51% it prices above the middle of its bond peer group, and iShares' SECU runs a similar securitized-income mandate at 0.40%.
- There is no published index to check it against. Results ride on the manager's security picks inside one corner of credit.
- Launched in November 2023, so the live track record is still short compared with long-running bond funds.
JSI Holdings
- Bonds
- 581
- 18%
- 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 States100.00%
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$10,170
Returns run to the Oct 12, 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 | +0.4% |
| 1 month | −0.2% |
| 3 months | −0.9% |
| 1 year | +1.7% |
| 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 | +0.4% | |
| 2025 | +6.5% | |
| 2024 | +7.5% | |
| 2023 | +3.4% |
JSI in the news
JSI Dividends
- 6.08%
- $3.04
- $0.25 per share
- Monthly
Distribution history
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.
- 0.44
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.
JSI Cost
0.51%
JSI0.51%
- The middle half of Multi-Sector Securitized Bond funds
- Median 0.39%
8 of the 11 Multi-Sector Securitized Bond funds charge less.
Other funds in Multi-Sector Securitized Bond
- CWDEPrincipal Exchange-Traded Funds - Principal Securitized Debt ETFExpense ratio 0.19%1 year return —
- CPRABState Street IG Public & Private ABS ETFExpense ratio 0.39%1 year return —
- CSECUiShares Securitized Income Active ETFExpense ratio 0.41%1 year return —
- CPINCPGIM Securitized Income ETFExpense ratio 0.39%1 year return —
- DOGSPObra High Grade Structured Products ETFExpense ratio 1.69%1 year return +4.3%