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ETFs

Janus Henderson B-BBB CLO ETF

JBBB
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jan 11 2022
Expense Ratio
0.49%
Type
US Bonds
Fund Owner
Janus
Volume (1m avg. daily)
$584,769
AUM
$73,411,385
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
BlueMountain CLO XXVIII Ltd
4.25%
n/a
Dryden 60 CLO Ltd
4.04%
n/a
Carlyle US CLO 2021-10 LTD
3.72%
n/a
LCM 31A D
3.61%
n/a
Rad CLO 18 Ltd
3.28%
n/a
Sixth Street CLO XIX Ltd
3.16%
n/a
Neuberger Berman Loan Advisers CLO 33 Ltd
3.12%
n/a
OAKCL 2019-3A D1R
3.10%
n/a
KKR Static CLO 2 LTD
2.75%
n/a
Madison Park Funding XVII Ltd
2.64%
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 CLOI, SEIX, NEAR

JBBB
Janus Detroit Street Trust - Janus Henderson B-BBB CLO ETF
CLOI
VanEck ETF Trust - VanEck CLO ETF
SEIX
Virtus ETF Trust II - Virtus Seix Senior Loan ETF
NEAR
BlackRock Institutional Trust Company N.A. - BlackRock Short Maturity Bond ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
FMHI
First Trust Exchange-Traded Fund III - First Trust Municipal High Income ETF
SRLN
SSgA Active Trust - SPDR Blackstone Senior Loan ETF
FTSL
First Trust Exchange-Traded Fund III - First Trust Senior Loan Fund ETF
YYY
Amplify ETF Trust - Amplify High Income ETF
JMUB
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Municipal ETF
MMIN
IndexIQ Active ETF Trust - IQ MacKay Municipal Insured 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 -0.0356%. This is the percent change in the value of JBBB over the most recent 1-month period. The 3-month return on JBBB is 0.0061%. 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 0.0848%. 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 JAAA, UYLD, and CLOA.

ETFs correlated to JBBB include CLOI, SEIX, and NEAR.

ETFs that are inversely correlated to JBBB include OBIL, KMLM, and AMZD.

Disclaimers

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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.