(JBBB) Janus Detroit Street Trust - Overview
ETF Category: Securitized Bond - Focused | Exchange BATS (USA) | Currency USD | Market Cap: 1.109m | Total Return 4.1% in 12m
Etf: Debt Instruments, Securities, Investments, Finance
| Risk 5d forecast | |
|---|---|
| Volatility | 4.33% |
| Relative Tail Risk | -17.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.03 |
| Alpha | -1.29 |
| Character TTM | |
|---|---|
| Beta | 0.112 |
| Beta Downside | 0.190 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.35% |
| CAGR/Max DD | 2.31 |
Description: JBBB Janus Detroit Street Trust March 05, 2026
JBBB is an ETF focusing on Collateralized Loan Obligations (CLOs), primarily denominated in U.S. dollars. CLOs are securitized debt instruments backed by a pool of corporate loans, offering investors exposure to leveraged loans.
The fund limits its exposure to lower-rated CLOs, with no more than 15% of net assets in those rated below investment grade (BB+ or lower) at purchase. This suggests a preference for higher credit quality within the CLO market, which generally involves complex structures and diverse underlying loan portfolios.
JBBB may use derivatives solely for hedging purposes to manage risks within its existing CLO holdings. Derivatives in this context typically aim to reduce interest rate or credit spread volatility.
For more detailed analysis on JBBBs holdings and performance, ValueRay offers comprehensive data.
Headlines to watch out for
- Interest rate fluctuations impact CLO yields
- Corporate credit quality affects CLO performance
- Regulatory changes influence CLO market liquidity
- Investor demand for income-generating assets drives flows
What is the price of JBBB shares?
Over the past week, the price has changed by +0.51%, over one month by +0.00%, over three months by -0.08% and over the past year by +4.05%.
Is JBBB a buy, sell or hold?
What are the forecasts/targets for the JBBB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |