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JABS vs NSCI

Janus Henderson Asset-Backed Securities ETF

JABS—NYSE Arca

Nuveen Securitized Income

NSCIANYSE Arca

Overlap

No data

Expense ratio

JABS −0.05pt a year

JABS0.33%NSCI0.38%

Avg volume · 30D

NSCI 3.4×the volume

JABS19.5KNSCI67.2K

JABS vs NSCI Performance

Oct 31, 2025 – Nov 2, 2026

+3.4%JABS+4.0%NSCI

Oct 31, 2025 to Nov 2, 2026. JABS +3.4%. NSCI +4.0%. Use the arrow keys to read each point.0%1%2%Oct 2025May 2026Nov 2026
Expense ratio
JABS 0.33%, better
NSCI 0.38%
Fund size
JABS $197M
NSCI $310M
1Y total return
JABS +3.4%
NSCI +4.0%, better
Yield (12M)
JABS 5.26%
NSCI No data
Holdings
JABS 196
NSCI 269
Avg volume (30D)
JABS 19.5K sh
NSCI 67.2K sh, better
NAV per share
JABS $49.35
NSCI $24.98
52W range

ETF.net Grade

  • —JABSUnder classification review
NSCI: Cost 68, Risk 67, Mission 4, Tradability 76, Holdings 88, Durability 65.
Pillar letters and Scores for JABS, NSCI, with each pillar’s weight
PillarJABSNSCI
Cost30% weightNot scoredB68
Mission25% weightNot scoredF4
Risk15% weightNot scoredB67
Tradability15% weightNot scoredA76
Holdings10% weightNot scoredA88
Durability5% weightNot scoredB65

Rank among Multi-Sector Securitized Bond funds

How we build Categories ›

Our read on each fund

ETF.net Research

JABS—Janus Henderson Asset-Backed Securities ETF

NSCIANuveen Securitized Income

In short

JABS No data

NSCI Securitized credit is the bond market's plumbing: mortgage, consumer-loan and CLO paper that broad index funds only skim. NSCI is Nuveen's active run at it, holding at least 80% in structured bonds with room to reach below investment grade.

Stated mandate

JABS No data

NSCI The Fund seeks a high level of current income and total return. It is actively managed and normally invests at least 80% of net assets plus investment borrowings in securitized credit investments.

Why people hold it

JABS No data

  • NSCI Active securitized credit for 0.38% a year, under its bond-cohort median and under the closest rival, iShares' SECU at 0.40%.sec.gov
  • Mandate spans agency and non-agency MBS, CMBS, ABS and CLOs, spread across roughly 200 positions rather than a handful of big bets.sec.govnuveen.com
  • Guardrails are in the prospectus: up to 50% below investment grade, nothing rated under CCC at purchase, unrated capped at 25%.sec.gov

Worth knowing

JABS No data

  • NSCI No index to hug. Returns ride on Nuveen's securitized desk picking the right structures, which cuts both ways.sec.gov
  • Launched in 2025, so there is no long record to judge the strategy through a full credit cycle.
  • Thinly traded and small so far, which can mean wider spreads than household bond ETFs, especially on large or hurried orders.

Full JABS profile⁠

Full NSCI profile⁠

JABS vs NSCI Holdings

How JABS and NSCI differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

  • Countryby domicile87.6%
  • Asset classFixed Income100%

Sector

No Sector split for JABS and NSCI.

Country, concentration and asset class

Country by domicile

Country weights in JABS and NSCI, widest gap first
CountryMore in JABSMore in NSCI
United StatesJABS +11.9 points
Cayman IslandsNSCI +11.4 points
United KingdomNSCI +0.7 points
Other countries (2)JABS +0.1 points

Concentration

Weight in the 10 largest Holdings

  • JABS21.4%
  • NSCI10.5%

Securities held

  • JABS193
  • NSCI260

Asset class

JABS
Fixed Income
NSCI
Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. JABS holds 193 securities, NSCI 260.

All 192 JABS holdings⁠All 256 NSCI holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

JABS vs NSCI Cost

Overpaying NSCI vs JABS

$969

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • JABS 0.33%

    $6,737

  • NSCI 0.38%

    $7,706

$10,000
30 years

Cost over time

  • JABS 0.33%
  • NSCI 0.38%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530NSCI $7,706JABS $6,737

Year by year

YearJABSNSCIOverpaying
10$598$688$90
20$2,318$2,658$340
30$6,737$7,706$969

Expense ratio

  • 0.33%JABS, cheaper
  • 0.38%NSCI
  • Middle half of Multi-Sector Securitized Bond funds
  • Median 0.39%

JABS 3rd cheapest of 11 funds

NSCI 4th cheapest of 11 funds

JABS vs NSCI Dividends

Last 12 months to Nov 2, 2026
Yield (12M)
JABS 5.26%
NSCI No data
Payout (12M)
JABS $2.60
NSCI No data
Last payment
JABS $0.19
NSCI $0.11
Ex-dividend
JABS Oct 30, 2026
NSCI Nov 2, 2026
Paid on
JABS Pays Nov 5, 2026
NSCI Pays Nov 3, 2026
Frequency
JABS Monthly
NSCI Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

JABSMonthly · 15 paymentsAll JABS payments⁠
One bar per payment. 15 payments from 2025 to 2026 YTD. Sep 2, 2025 $0.22; Oct 1, 2025 $0.22; Nov 3, 2025 $0.20; Dec 1, 2025 $0.21; Dec 22, 2025 $0.25; Jan 30, 2026 $0.19; Feb 27, 2026 $0.20; Mar 31, 2026 $0.20; Apr 30, 2026 $0.20; May 29, 2026 $0.19; Jun 30, 2026 $0.20; Jul 31, 2026 $0.20; Aug 31, 2026 $0.20; Sep 30, 2026 $0.16; Oct 30, 2026 $0.19. Use the arrow keys to read each point.$0$0.252026YTD
NSCIMonthly · 13 paymentsAll NSCI payments⁠
One bar per payment. 13 payments from 2025 to 2026 YTD. Nov 3, 2025 $0.08; Dec 1, 2025 $0.08; Dec 18, 2025 $0.12; Feb 2, 2026 $0.09; Mar 2, 2026 $0.10; Apr 1, 2026 $0.10; May 1, 2026 $0.10; Jun 1, 2026 $0.10; Jul 1, 2026 $0.10; Aug 3, 2026 $0.10; Sep 1, 2026 $0.11; Oct 1, 2026 $0.10; Nov 2, 2026 $0.11. Use the arrow keys to read each point.$0$0.252026YTD

JABS vs NSCI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
JABS 1.4%since Aug 2025NSCI 1.7%since Oct 2025
Return per unit of riskSharpe ratio, 3 years
JABS −0.04since Aug 2025NSCI 0.06since Oct 2025
Worst fallMax drawdown, 5 years
JABS −1.0%since Jul 2025NSCI −1.1%since Sep 2025
Market sensitivityBeta, 5 years
JABS 0.03NSCI 0.05

JABS and NSCI in the news

All news⁠

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