JAAA vs FBND

Comparison between JANUS HENDERSON AAA CLO ETF (JAAA, ETF) and FIDELITY TOTAL BOND ETF (FBND, ETF).

5-Year PerformanceJAAA has outperformed FBND, delivering a return of +4.7% compared to +0.9%

JAAA vs FBND - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JAAA(ETF)	FBND(ETF)
Net Assets	$27B	$25B
Expense Ratio	0.20%	0.36%
Max Drawdown	4.07%	23.21%
Sharpe Ratio	1.90	0.50
5Y Beta	0.04	0.05
5Y Dividends CAGR	57.65%	1.44%

Net Assets

Winner

JAAA

$27B

FBND

$25B

Expense Ratio

Winner

JAAA

0.20%

FBND

0.36%

Max Drawdown

Winner

JAAA

4.07%

FBND

23.21%

Sharpe Ratio

Winner

JAAA

1.90

FBND

0.50

5Y Beta

Winner

JAAA

0.04

FBND

0.05

5Y Dividends CAGR

Winner

JAAA

57.65%

FBND

1.44%

JAAA vs FBND - Historical Returns

Returns include dividend reinvestment.

Period	JAAA	FBND
1 month	+0.62%	+0.14%
3 months	+1.03%	+0.20%
6 months	+2.48%	+1.05%
1 year	+5.39%	+6.22%
5 years(CAGR)	+4.74%	+0.94%
10 years(CAGR)	N/A	+2.66%
Max(CAGR)	+4.54%	+2.61%

Winner

JAAA

+0.62%

FBND

+0.14%

Winner

JAAA

+1.03%

FBND

+0.20%

Winner

JAAA

+2.48%

FBND

+1.05%

JAAA

+5.39%

Winner

FBND

+6.22%

5Y(CAGR)

Winner

JAAA

+4.74%

FBND

+0.94%

10Y(CAGR)

JAAA

N/A

FBND

+2.66%

Max(CAGR)

Winner

JAAA

+4.54%

FBND

+2.61%

JAAA vs FBND - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	JAAA	FBND
2026	+1.53%	+0.80%
2025	+5.07%	+7.44%
2024	+7.30%	+2.75%
2023	+8.43%	+6.32%
2022	+0.49%	-11.93%
2021	+1.37%	-0.31%
2020	+0.79%	+9.27%
2019	N/A	+9.86%
2018	N/A	-0.23%
2017	N/A	+3.88%
2016	N/A	+6.96%
2015	N/A	-1.17%
2014	N/A	+0.11%

JAAA vs FBND Drawdown Comparison

The maximum drawdown for JAAA was -2.64%, occurring on Jul 19, 2022. Recovery took 219 trading sessions.

The maximum drawdown for FBND was -17.26%, occurring on Oct 20, 2022. Recovery took 997 trading sessions.

The current FBND drawdown is -1.13%.

Rank	JAAA	FBND
#1	-2.64% Feb 4, 2022 - Dec 19, 2022	-17.26% Sep 14, 2021 - Sep 4, 2025
#2	-1.46% Apr 2, 2025 - Apr 29, 2025	-16.11% Mar 6, 2020 - May 27, 2020
#3	-0.99% Feb 13, 2023 - Apr 13, 2023	-4.99% Apr 17, 2015 - Apr 28, 2016
#4	-0.52% Dec 22, 2022 - Jan 10, 2023	-3.71% Sep 29, 2016 - May 17, 2017
#5	-0.47% Oct 19, 2020 - Nov 9, 2020	-3.41% Dec 31, 2020 - Jul 19, 2021
#6	-0.47% Apr 19, 2021 - Jun 1, 2021	-2.81% Sep 7, 2017 - Jan 22, 2019
#7	-0.44% Feb 11, 2025 - Mar 31, 2025	-2.57% Feb 27, 2026 - Mar 27, 2026
#8	-0.42% Jan 21, 2021 - Feb 5, 2021	-1.67% Sep 4, 2019 - Oct 4, 2019
#9	-0.39% Feb 20, 2026 - Mar 23, 2026	-1.37% Aug 6, 2020 - Nov 19, 2020
#10	-0.33% Jul 30, 2024 - Aug 9, 2024	-1.30% Oct 4, 2019 - Dec 13, 2019
#11	-0.28% Jan 10, 2023 - Jan 17, 2023	-1.22% Dec 1, 2014 - Jan 6, 2015
#12	-0.27% Jun 11, 2021 - Jul 14, 2021	-1.03% Oct 28, 2025 - Nov 26, 2025
#13	-0.23% Dec 1, 2020 - Dec 7, 2020	-1.02% Feb 5, 2015 - Feb 25, 2015
#14	-0.20% Apr 8, 2021 - Apr 15, 2021	-1.02% Jun 23, 2017 - Jul 20, 2017
#15	-0.19% Dec 7, 2020 - Dec 10, 2020	-1.00% Sep 7, 2016 - Sep 27, 2016

Correlation

Correlation between JAAA and FBND is 0.47 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.47

-101

Dividend Comparison (2014 - 2026)

JAAA vs FBND dividend yield comparison.

Year	JAAA	FBND
2026	1.54%	1.44%
2025	5.30%	4.70%
2024	6.35%	4.73%
2023	6.11%	4.26%
2022	2.74%	3.07%
2021	1.21%	1.86%
2020	0.26%	4.25%
2019	0.00%	2.90%
2018	0.00%	2.93%
2017	0.00%	2.56%
2016	0.00%	2.84%
2015	0.00%	3.26%
2014	0.00%	0.66%