JMBS vs XLB

Comparison between JANUS HENDERSON MORTGAGE-BACKED SECURITIES ETF (JMBS, ETF) and THE MATERIALS SELECT SECTOR SPDR FUND (XLB, ETF).

5-Year PerformanceXLB has outperformed JMBS, delivering a return of +5.3% compared to +0.8%

JMBS vs XLB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	JMBS(ETF)	XLB(ETF)
Net Assets	$6.60B	$6.50B
Expense Ratio	0.21%	0.08%
Max Drawdown	22.48%	60.72%
Sharpe Ratio	0.70	1.28
5Y Beta	0.04	0.79
P/E Ratio	N/A	35.68
Forward P/E	N/A	19.05
PEG Ratio	N/A	0.34
5Y Dividends CAGR	12.04%	6.53%
5Y EPS CAGR	N/A	16.48%
Debt to Equity	N/A	43.55%
P/S Ratio	N/A	2.05
P/B Ratio	N/A	2.87

Net Assets

Winner

JMBS

$6.60B

XLB

$6.50B

Expense Ratio

JMBS

0.21%

Winner

XLB

0.08%

Max Drawdown

Winner

JMBS

22.48%

XLB

60.72%

Sharpe Ratio

JMBS

0.70

Winner

XLB

1.28

5Y Beta

Winner

JMBS

0.04

XLB

0.79

P/E Ratio

JMBS

N/A

XLB

35.68

Forward P/E

JMBS

N/A

XLB

19.05

PEG Ratio

JMBS

N/A

XLB

0.34

5Y Dividends CAGR

Winner

JMBS

12.04%

XLB

6.53%

5Y EPS CAGR

JMBS

N/A

XLB

16.48%

Debt to Equity

JMBS

N/A

XLB

43.55%

P/S Ratio

JMBS

N/A

XLB

2.05

P/B Ratio

JMBS

N/A

XLB

2.87

JMBS vs XLB - Historical Returns

Returns include dividend reinvestment.

Period	JMBS	XLB
1 month	+0.11%	-0.31%
3 months	+0.24%	-0.70%
6 months	+1.79%	+21.37%
1 year	+7.59%	+24.71%
5 years(CAGR)	+0.80%	+5.33%
10 years(CAGR)	N/A	+10.72%
Max(CAGR)	+2.40%	+8.08%

Winner

JMBS

+0.11%

XLB

-0.31%

Winner

JMBS

+0.24%

XLB

-0.70%

JMBS

+1.79%

Winner

XLB

+21.37%

JMBS

+7.59%

Winner

XLB

+24.71%

5Y(CAGR)

JMBS

+0.80%

Winner

XLB

+5.33%

10Y(CAGR)

JMBS

N/A

XLB

+10.72%

Max(CAGR)

JMBS

+2.40%

Winner

XLB

+8.08%

JMBS vs XLB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	JMBS	XLB
2026	+1.32%	+12.35%
2025	+8.67%	+11.15%
2024	+2.14%	+0.32%
2023	+5.34%	+12.57%
2022	-11.28%	-11.15%
2021	-0.50%	+28.67%
2020	+5.74%	+21.95%
2019	+6.91%	+23.50%
2018	+1.53%	-16.06%
2017	N/A	+23.29%
2016	N/A	+18.66%
2015	N/A	-8.81%
2014	N/A	+8.04%
2013	N/A	+22.92%
2012	N/A	+11.60%
2011	N/A	-11.64%
2010	N/A	+16.90%
2009	N/A	+42.96%
2008	N/A	-43.51%
2007	N/A	+22.87%
2006	N/A	+16.78%
2005	N/A	+5.14%
2004	N/A	+14.04%
2003	N/A	+33.88%
2002	N/A	-6.05%
2001	N/A	+4.21%
2000	N/A	-13.76%
1999	N/A	+11.31%

JMBS vs XLB Drawdown Comparison

The maximum drawdown for JMBS was -16.68%, occurring on Oct 20, 2022. Recovery took 1027 trading sessions.

The maximum drawdown for XLB was -59.83%, occurring on Mar 2, 2009. Recovery took 1250 trading sessions.

The current JMBS drawdown is -1.10%. The current XLB drawdown is -3.36%.

Rank	JMBS	XLB
#1	-16.68% Aug 3, 2021 - Sep 5, 2025	-59.83% May 20, 2008 - May 8, 2013
#2	-4.28% Mar 9, 2020 - May 1, 2020	-37.25% Jan 26, 2018 - Jul 17, 2020
#3	-2.98% Feb 27, 2026 - Mar 26, 2026	-36.56% Jan 6, 2000 - Dec 1, 2003
#4	-1.46% Sep 13, 2018 - Dec 4, 2018	-26.87% Feb 24, 2015 - Dec 5, 2016
#5	-0.97% Feb 3, 2021 - Aug 2, 2021	-24.73% Apr 20, 2022 - Feb 29, 2024
#6	-0.93% Oct 28, 2025 - Nov 25, 2025	-23.17% Oct 18, 2024 - Jan 9, 2026
#7	-0.78% Sep 15, 2025 - Oct 10, 2025	-16.84% Mar 4, 2005 - Jan 6, 2006
#8	-0.68% Nov 26, 2025 - Dec 18, 2025	-15.78% Jul 19, 2007 - Oct 9, 2007
#9	-0.67% Jun 11, 2020 - Aug 4, 2020	-15.48% May 10, 2006 - Nov 20, 2006
#10	-0.65% Jan 14, 2026 - Feb 5, 2026	-15.02% Oct 31, 2007 - Apr 16, 2008
#11	-0.58% Mar 27, 2019 - May 7, 2019	-12.38% Feb 11, 2026 - Mar 20, 2026
#12	-0.53% Sep 4, 2019 - Oct 2, 2019	-12.19% Mar 1, 2004 - Sep 2, 2004
#13	-0.49% Jan 4, 2019 - Jan 31, 2019	-11.96% Dec 31, 2021 - Apr 20, 2022
#14	-0.48% Dec 30, 2025 - Jan 9, 2026	-10.99% Sep 24, 2014 - Feb 12, 2015
#15	-0.44% Oct 7, 2019 - Nov 5, 2019	-10.14% May 17, 2021 - Nov 8, 2021

Correlation

Correlation between JMBS and XLB is 0.41 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.41

-101

Dividend Comparison (1999 - 2026)

JMBS vs XLB dividend yield comparison.

Year	JMBS	XLB
2026	1.74%	0.40%
2025	5.03%	1.92%
2024	5.53%	1.92%
2023	4.38%	2.00%
2022	2.73%	2.26%
2021	1.16%	1.62%
2020	2.92%	1.72%
2019	3.64%	1.98%
2018	0.89%	2.20%
2017	0.00%	1.66%
2016	0.00%	1.95%
2015	0.00%	2.24%
2014	0.00%	1.97%
2013	0.00%	2.08%
2012	0.00%	2.27%
2011	0.00%	2.20%
2010	0.00%	3.07%
2009	0.00%	1.76%
2008	0.00%	3.60%
2007	0.00%	1.95%
2006	0.00%	3.25%
2005	0.00%	2.10%
2004	0.00%	1.70%
2003	0.00%	1.79%
2002	0.00%	2.29%
2001	0.00%	2.03%
2000	0.00%	4.22%
1999	0.00%	0.62%