JIII vs VBF

Comparison between JANUS HENDERSON INCOME ETF (JIII, ETF) and Invesco Bond Fund (VBF, ETF).

JIII vs VBF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JIII(ETF)	VBF(ETF)
Net Assets	$186M	$186M
Expense Ratio	0.54%	N/A
Max Drawdown	4.45%	38.98%
Sharpe Ratio	0.33	-0.34
5Y Beta	0.09	0.12
5Y Dividends CAGR	N/A	-9.98%

Net Assets

Winner

JIII

$186M

VBF

$186M

Expense Ratio

JIII

0.54%

VBF

N/A

Max Drawdown

Winner

JIII

4.45%

VBF

38.98%

Sharpe Ratio

Winner

JIII

0.33

VBF

-0.34

5Y Beta

Winner

JIII

0.09

VBF

0.12

5Y Dividends CAGR

JIII

N/A

VBF

-9.98%

JIII vs VBF - Historical Returns

Returns include dividend reinvestment.

Period	JIII	VBF
1 month	-0.43%	-1.17%
3 months	+0.28%	-0.95%
6 months	+0.81%	-2.05%
1 year	+4.85%	+1.10%
5 years(CAGR)	N/A	-2.33%
10 years(CAGR)	N/A	+2.52%
Max(CAGR)	+5.85%	+5.42%

Winner

JIII

-0.43%

VBF

-1.17%

Winner

JIII

+0.28%

VBF

-0.95%

Winner

JIII

+0.81%

VBF

-2.05%

Winner

JIII

+4.85%

VBF

+1.10%

5Y(CAGR)

JIII

N/A

VBF

-2.33%

10Y(CAGR)

JIII

N/A

VBF

+2.52%

Max(CAGR)

Winner

JIII

+5.85%

VBF

+5.42%

JIII vs VBF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	JIII	VBF
2026	+1.10%	-1.67%
2025	+8.32%	+5.12%
2024	+0.54%	+6.40%
2023	N/A	+0.21%
2022	N/A	-16.53%
2021	N/A	-2.37%
2020	N/A	+16.93%
2019	N/A	+29.67%
2018	N/A	-11.86%
2017	N/A	+12.93%
2016	N/A	+9.62%
2015	N/A	+0.30%
2014	N/A	+11.67%
2013	N/A	-11.85%
2012	N/A	+11.03%
2011	N/A	+20.34%
2010	N/A	+2.96%
2009	N/A	+18.90%
2008	N/A	+4.13%
2007	N/A	+1.60%
2006	N/A	+9.35%
2005	N/A	+0.49%
2004	N/A	+5.93%
2003	N/A	+3.25%
2002	N/A	+1.56%
2001	N/A	+17.05%
2000	N/A	+16.14%
1999	N/A	-4.56%

JIII vs VBF Drawdown Comparison

The maximum drawdown for JIII was -3.55%, occurring on Apr 11, 2025. Recovery took 65 trading sessions.

The maximum drawdown for VBF was -32.21%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current JIII drawdown is -0.91%. The current VBF drawdown is -12.34%.

Rank	JIII	VBF
#1	-3.55% Mar 3, 2025 - Jun 4, 2025	-32.21% Sep 15, 2021 - Oct 20, 2022
#2	-2.27% Feb 27, 2026 - Apr 17, 2026	-26.44% Jan 9, 2008 - Dec 22, 2008
#3	-1.56% Dec 6, 2024 - Jan 28, 2025	-24.84% Feb 6, 2020 - Jul 24, 2020
#4	-1.35% May 6, 2026 - Jun 15, 2026	-17.70% Sep 4, 2012 - Jan 22, 2015
#5	-1.23% Oct 28, 2025 - Dec 24, 2025	-14.06% Jul 3, 2003 - Feb 16, 2005
#6	-1.03% Sep 16, 2025 - Oct 24, 2025	-13.77% May 28, 2009 - Sep 2, 2009
#7	-0.91% Jun 16, 2026 - Jul 23, 2026	-13.44% Aug 17, 2010 - Sep 22, 2011
#8	-0.74% Apr 17, 2026 - May 6, 2026	-12.58% Feb 2, 2009 - Apr 21, 2009
#9	-0.51% Nov 19, 2024 - Nov 27, 2024	-12.08% Jan 2, 2018 - May 24, 2019
#10	-0.50% Feb 5, 2025 - Feb 14, 2025	-11.58% Dec 27, 2011 - May 21, 2012
#11	-0.44% Jun 16, 2025 - Jun 23, 2025	-11.01% Dec 31, 2020 - Sep 15, 2021
#12	-0.41% Feb 10, 2026 - Feb 13, 2026	-9.38% Apr 17, 2015 - Mar 17, 2016
#13	-0.41% Jun 4, 2025 - Jun 11, 2025	-8.64% Mar 10, 2010 - Jul 1, 2010
#14	-0.36% Sep 10, 2025 - Sep 16, 2025	-8.47% Nov 9, 1999 - Jul 6, 2000
#15	-0.33% Jan 6, 2026 - Jan 12, 2026	-8.09% Aug 7, 2001 - Sep 27, 2001

Correlation

Correlation between JIII and VBF is 0.81 which considered as a strong positive correlation - the stocks tend to move together.

0.81

-101

Dividend Comparison (2000 - 2026)

JIII vs VBF dividend yield comparison.

Year	JIII	VBF
2026	3.08%	3.19%
2025	7.33%	5.46%
2024	0.44%	5.51%
2023	0.00%	5.31%
2022	0.00%	4.60%
2021	0.00%	3.36%
2020	0.00%	6.89%
2019	0.00%	5.04%
2018	0.00%	5.40%
2017	0.00%	5.07%
2016	0.00%	4.56%
2015	0.00%	5.40%
2014	0.00%	7.53%
2013	0.00%	6.73%
2012	0.00%	7.10%
2011	0.00%	6.55%
2010	0.00%	5.39%
2009	0.00%	4.95%
2008	0.00%	7.09%
2007	0.00%	5.54%
2006	0.00%	5.42%
2005	0.00%	5.77%
2004	0.00%	5.93%
2003	0.00%	6.48%
2002	0.00%	6.91%
2001	0.00%	7.11%
2000	0.00%	3.90%