(JAAA) Janus Detroit Street Trust - Overview
Etf: Debt Instruments, Asset Management, Investment Fund
| Risk 5d forecast | |
|---|---|
| Volatility | 1.99% |
| Relative Tail Risk | -3.65% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.52 |
| Alpha | 0.49 |
| Character TTM | |
|---|---|
| Beta | 0.021 |
| Beta Downside | 0.042 |
| Drawdowns 3y | |
|---|---|
| Max DD | 1.46% |
| CAGR/Max DD | 4.69 |
Description: JAAA Janus Detroit Street Trust March 05, 2026
JAAA is an ETF investing primarily in AAA-rated Collateralized Loan Obligations (CLOs). CLOs are structured finance vehicles that pool and manage corporate loans, distributing cash flows to investors in tranches with varying risk and return profiles.
The fund allocates at least 90% of its net assets to AAA-rated CLOs at the time of purchase. AAA is the highest credit rating, indicating minimal credit risk. The remaining assets may be invested in other high-quality CLOs with a minimum rating of A-.
CLOs are a significant component of the securitized credit market, offering investors exposure to corporate debt. Understanding the underlying loan portfolios and the CLOs structure is crucial for assessing risk and return. For further insights into JAAAs holdings and performance, ValueRay offers detailed analytics.
Headlines to watch out for
- Interest rate hikes increase CLO yields
- Corporate default rates impact AAA CLO valuations
- Regulatory changes affect CLO market liquidity
- Investor demand for safe income drives inflows
What is the price of JAAA shares?
Over the past week, the price has changed by -0.12%, over one month by -0.29%, over three months by +0.79% and over the past year by +4.92%.
Is JAAA a buy, sell or hold?
What are the forecasts/targets for the JAAA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |