Janus Henderson Securitized Income ETF
$50.31−0.22 (−0.44%)
History starts Nov 9, 2023.
- Expense ratio
- 0.51%
- Fund size
- $1.6B
- 1Y return
- +2.3%
- Yield · Last 12 months
- 6.02%
- Holdings
- 581
- Volume · 30D
- 0.1M sh
- NAV per share
- $50.53
- 52W range
The ETF.net JSI Grade
Score 41 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 23Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.DScore 27Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 40Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 74Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 26Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 87Category rank
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
- 35%
- UMBS TBA 30yr 6% October Delivery, 6.00%, 10/13/26
Sectors
- Technology39.1%
- Financials11.1%
- Communication10.6%
- Consumer Discr.9.9%
- Health Care8.3%
- Industrials7.8%
- Cons. 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.
JSI$10,234
Returns run to the Sep 22, 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 | −0.6% |
| 3 months | +0.1% |
| 1 year | +2.3% |
| 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
- 6.02%
- $3.04
- $0.27 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 31, 2026 | Sep 4, 2026 | $0.27 |
| Jul 31, 2026 | Aug 6, 2026 | $0.24 |
| Jun 30, 2026 | Jul 7, 2026 | $0.26 |
| May 29, 2026 | Jun 4, 2026 | $0.26 |
| Apr 30, 2026 | May 6, 2026 | $0.23 |
| Mar 31, 2026 | Apr 7, 2026 | $0.26 |
| Feb 27, 2026 | Mar 5, 2026 | $0.25 |
| Jan 30, 2026 | Feb 5, 2026 | $0.21 |
| Dec 22, 2025 | Dec 29, 2025 | $0.32 |
| Dec 1, 2025 | Dec 5, 2025 | $0.23 |
| Nov 3, 2025 | Nov 7, 2025 | $0.26 |
| Oct 1, 2025 | Oct 7, 2025 | $0.25 |
JSI Risk
- 2.6%
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.
- 0.72
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.