Skip to Content
ETFs

Janus Henderson Mortgage-Backed Securities ETF

JMBS
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 12 2018
Expense Ratio
0.28%
Type
US Bonds
Fund Owner
Janus
Volume (1m avg. daily)
$13,571,988
AUM
$1,881,631,530
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
ALMSUM
36.01%
n/a
Fannie Mae or Freddie Mac
26.35%
n/a
Fannie Mae or Freddie Mac
10.00%
n/a
Fannie Mae 3 % TBA MBS Single Family 30 Years Maturity Settles October
8.11%
n/a
CBOT 5 Year US Treasury Note DEC 23
6.61%
n/a
Fannie Mae Pool
4.25%
n/a
Fannie Mae 3.5 % TBA MBS Single Family 30 Years Maturity Settles October
3.88%
n/a
Ginnie Mae II Pool
3.73%
n/a
Ginnie Mae II Pool
3.61%
n/a
Ginnie Mae II Pool
3.02%
Invest with JMBS

What is JMBS?

Janus Henderson Mortgage-Backed Securities ETF seeks a high level of total return consisting of income and capital appreciation. The Fund seeks to achieve its investment objective by investing mainly in mortgage-related instruments. Under normal circumstances, the Fund will invest at least 80%, and often times substantially all, of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related fixed income instruments of varying maturities. Mortgage-related fixed income instruments include residential and commercial mortgage-backed securities ( MBS ), collateralized mortgage obligations, stripped mortgage-backed securities, mortgage pass-through securities and other securities representing an interest in or secured by or related to mortgages, including asset-backed securities and securities issued by other ETFs that invest principally in MBS. Under normal circumstances, the Fund will invest at least 80% of its net assets in mortgage-related securities issued by the U.S. government and its agencies, such as the Government National Mortgage Association ( GNMA or Ginnie Mae ), the Federal National Mortgage Association ( FNMA or Fannie Mae ) or the Federal Home Loan Mortgage Corporation ( FHLMC or Freddie Mac ). The Fund may also invest in non-agency, or privately-issued, residential and commercial MBS, and other mortgage-related securities.

ETFs related toJMBS

ETFs correlated to JMBS include MBB, SPMB, VMBS

JMBS
Janus Capital Management LLC - Janus Henderson Mortgage-Backed Securities ETF
MBB
BlackRock Institutional Trust Company N.A. - iShares MBS ETF
SPMB
SPDR Series Trust - SPDR Portfolio Mortgage Backed Bond ETF
VMBS
Vanguard Group, Inc. - Vanguard Mortgage-Backed Securities ETF
AGG
BlackRock Institutional Trust Company N.A. - iShares Core U.S. Aggregate Bond ETF
BND
Vanguard Group, Inc. - Vanguard Total Bond Market ETF
EAGG
iShares Trust - iShares ESG Aware U.S. Aggregate Bond ETF
SCHZ
Schwab Strategic Trust - Schwab US Aggregate Bond ETF
BKAG
BNY Mellon ETF Trust - BNY Mellon Core Bond ETF
EUSB
iShares Trust - iShares ESG Advanced Total USD Bond Market ETF
UNIY
WisdomTree Trust - WisdomTree Voya Yield Enhanced USD Universal Bond Fund

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.

Automated Strategies
Related toJMBS

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with JMBS using Composer

FAQ

JMBS is a US Bonds ETF. Janus Henderson Mortgage-Backed Securities ETF seeks a high level of total return consisting of income and capital appreciation. The Fund seeks to achieve its investment objective by investing mainly in mortgage-related instruments. Under normal circumstances, the Fund will invest at least 80%, and often times substantially all, of its net assets (plus any borrowings for investment purposes) in a portfolio of mortgage-related fixed income instruments of varying maturities. Mortgage-related fixed income instruments include residential and commercial mortgage-backed securities ( MBS ), collateralized mortgage obligations, stripped mortgage-backed securities, mortgage pass-through securities and other securities representing an interest in or secured by or related to mortgages, including asset-backed securities and securities issued by other ETFs that invest principally in MBS. Under normal circumstances, the Fund will invest at least 80% of its net assets in mortgage-related securities issued by the U.S. government and its agencies, such as the Government National Mortgage Association ( GNMA or Ginnie Mae ), the Federal National Mortgage Association ( FNMA or Fannie Mae ) or the Federal Home Loan Mortgage Corporation ( FHLMC or Freddie Mac ). The Fund may also invest in non-agency, or privately-issued, residential and commercial MBS, and other mortgage-related securities.

Yes, JMBS 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, JMBS 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 JMBS is -0.016%. This is the percent change in the value of JMBS over the most recent 1-month period. The 3-month return on JMBS is -0.0435%. This is the percent change in the value of JMBS over the most recent 3-month period.

The standard deviation of JMBS for the past year is 0.0858%. 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 JMBS include GNMA, DEED, and MBSD.

ETFs correlated to JMBS include MBB, SPMB, and VMBS.

ETFs that are inversely correlated to JMBS include PST, TBX, and TTT.

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.