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ETFs

Janus Henderson B-BBB CLO ETF

JBBB
$--
Today’s Change
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Snapshot
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Inception Date
Jan 11 2022
Expense Ratio
0.50%
Type
US Bonds
Fund Owner
Janus
Volume (1m avg. daily)
$1,391,789
AUM
$109,301,139
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

JAAA
Janus Capital Management LLC - Janus Henderson AAA CLO ETF
4.78%
n/a
Rockford Tower CLO 2020-1 Ltd
3.56%
n/a
BlueMountain CLO XXVIII Ltd
2.91%
n/a
Dryden 60 CLO Ltd
2.81%
n/a
Rockford Tower CLO 2018-2 Ltd
2.67%
n/a
Carlyle US CLO 2021-10 LTD
2.62%
n/a
Octagon 55 Ltd
2.60%
n/a
United States Dollar
2.58%
n/a
LCM 31 Ltd
2.52%
n/a
Franklin Park Place CLO I LLC
2.21%
Invest with JBBB

What is JBBB?

An ETF with floating rate exposure to CLOs rated from B to BBB and seeking to deliver investors access to securities with low default risk, low correlations to traditional fixed income asset classes and yield potential.

ETFs related toJBBB

ETFs correlated to JBBB include FLRT, LONZ, SRLN

JBBB
Janus Detroit Street Trust - Janus Henderson B-BBB CLO ETF
FLRT
Pacer Funds Trust - Pacer Pacific Asset Floating Rate High Income ETF
LONZ
Pimco Exchange Traded Fund - PIMCO Senior Loan Active ExchangeTraded Fund
SRLN
SSgA Active Trust - SPDR Blackstone Senior Loan ETF
YYY
Amplify ETF Trust - Amplify High Income ETF
PULS
PGIM ETF Trust - PGIM Ultra Short Bond ETF
IVLU
BlackRock Institutional Trust Company N.A. - iShares MSCI Intl Value Factor ETF
MINT
Pimco Exchange Traded Fund - PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
BKLN
Invesco Capital Management LLC - Invesco Senior Loan ETF
EUFN
BlackRock Institutional Trust Company N.A. - iShares MSCI Europe Financials ETF
PAAA
PGIM ETF Trust - PGIM AAA CLO ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

JBBB is a US Bonds ETF. An ETF with floating rate exposure to CLOs rated from B to BBB and seeking to deliver investors access to securities with low default risk, low correlations to traditional fixed income asset classes and yield potential.

Yes, JBBB is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, JBBB is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JBBB is 0.0123%. This is the percent change in the value of JBBB over the most recent 1-month period. The 3-month return on JBBB is 0.0626%. This is the percent change in the value of JBBB over the most recent 3-month period.

The standard deviation of JBBB for the past year is 0.0676%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to JBBB include CMBS, CLOI, and CLOZ.

ETFs correlated to JBBB include FLRT, LONZ, and SRLN.

ETFs that are inversely correlated to JBBB include JPLD, CVRD, and EFZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.