---
ticker: "VNLA"
name: "Janus Henderson Short Duration Income ETF"
url: "https://etf.net/etf/VNLA"
grade: "B"
score: 61
graded_at: "2026-10-12"
category: "Cash & Ultra-Short Income"
category_rank: "38 of 78"
methodology: "https://etf.net/methodology"
---

# VNLA: Janus Henderson Short Duration Income ETF

Grade **B**, Score 61 of 100. Rank 38 of 78 in Cash & Ultra-Short Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 24 | 57 of 78 |
| Mission | 100 | 1 of 66 |
| Risk | 56 | 20 of 75 |
| Tradability | 67 | 20 of 78 |
| Holdings | 71 | 23 of 77 |
| Durability | 82 | 12 of 78 |

## Top holdings

The fund holds 385 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | FX Forward\|USD\|10/23/2026 | 12.20% |
| 2 | — | Hca Inc 0% 10/14/2026, 0.00%, 10/14/26 | 2.41% |
| 3 | — | Antero Resources Corp 0% 10/13/2026, 0.00%, 10/13/26 | 1.54% |
| 4 | — | Global Payments Inc 0% 10/13/2026, 0.00%, 10/13/26 | 1.38% |
| 5 | — | Morgan Stanley Bank, National Association 4.952% 14-JAN-2028, 4.95%, 01/14/28 | 1.23% |
| 6 | — | Liberty Utilities Co 0% 10/19/2026, 0.00%, 10/19/26 | 1.12% |
| 7 | — | Autonation Inc 0% 10/13/2026, 0.00%, 10/13/26 | 1.07% |
| 8 | — | Enbridge Us Inc 0% 11/04/2026, 0.00%, 11/04/26 | 0.98% |
| 9 | — | Ares Capital Corp 0% 11/02/2026, 0.00%, 11/02/26 | 0.93% |
| 10 | — | San Diego Gas & Electric Co 0% 10/13/2026, 0.00%, 10/13/26 | 0.78% |
| 11 | — | Bank Australia Limited FRN 21-FEB-2028, 6.14%, 02/21/28 | 0.76% |
| 12 | — | Atlas Warehouse Lending Company, L.P. 6.05% 15-JAN-2028, 6.05%, 01/15/28 | 0.73% |
| 13 | — | Molex Electronic Technologies LLC 4.75% 30-APR-2028, 4.75%, 04/30/28 | 0.72% |
| 14 | — | Goldman Sachs Group, Inc. FRN 21-JAN-2029, 4.34%, 01/21/29 | 0.71% |
| 15 | — | Wells Fargo & Company FRN 20-MAY-2029, 4.35%, 05/20/29 | 0.70% |
| 16 | — | Bank of America Corporation 4.979% 24-JAN-2029, 4.98%, 01/24/29 | 0.70% |
| 17 | — | Fidelity National Information Services Inc 0% 10/14/2026, 0.00%, 10/14/26 | 0.67% |
| 18 | — | Australia and New Zealand Banking Group Limited 5.545% 15-JAN-2035, 5.54%, 01/15/35 | 0.67% |
| 19 | — | LPL Holdings, Inc. 4.625% 15-NOV-2027, 4.62%, 11/15/27 | 0.66% |
| 20 | — | Fidelity National Information Services Inc 0% 10/29/2026, 0.00%, 10/29/26 | 0.65% |
| 21 | — | Columbia Pipelines Holding Company LLC 6.042% 15-AUG-2028, 6.04%, 08/15/28 | 0.65% |
| 22 | — | Taco Bell Funding Series 2018-1 2018-A2II 4.94% 25-NOV-2048, 4.94%, 11/25/48 | 0.64% |
| 23 | — | AppLovin Corporation 5.125% 01-DEC-2029, 5.12%, 12/01/29 | 0.63% |
| 24 | — | NRG Energy, Inc. 2.45% 02-DEC-2027, 2.45%, 12/02/27 | 0.62% |
| 25 | — | TR Finance LLC 5.1% 15-SEP-2028, 5.10%, 09/15/28 | 0.61% |
| 26 | — | Banco Bilbao Vizcaya Argentaria, S.A. 4.15% 03-MAR-2029, 4.15%, 03/03/29 | 0.59% |
| 27 | — | Toyota Motor Credit Corporation FRN 05-SEP-2028, 4.37%, 09/05/28 | 0.58% |
| 28 | — | Lonsdale Finance Pty Ltd\|2.45\|11/20/2026, 2.45%, 11/20/26 | 0.58% |
| 29 | — | AerCap Ireland Capital Designated Activity Company 6.45% 15-APR-2027, 6.45%, 04/15/27 | 0.57% |
| 30 | — | BX Trust 2025-ROIC A 4.96059% 15-FEB-2042, 4.96%, 03/15/30 | 0.57% |

Source: etf.net, https://etf.net/etf/VNLA. Please cite the page URL.