(JAAA) Janus Detroit Street Trust - Ratings and Ratios
AAA CLOs, A- CLOs
Description: JAAA Janus Detroit Street Trust
The Janus Detroit Street Trust – Janus Henderson AAA CLO ETF (NYSE ARCA:JAAA) seeks to achieve its objective by allocating at least 90% of net assets to collateralized loan obligations (CLOs) that carry a AAA rating at purchase, or are judged to be of comparable credit quality if unrated.
The remaining assets may be placed in other high-quality CLOs with a minimum rating of A, again subject to the adviser’s credit-quality assessment for unrated issues.
JAAA is a U.S.–based exchange-traded fund classified in the “ultrashort bond” category, designed to provide exposure to the highest-rated segment of the CLO market while maintaining a very short duration profile.
Key market metrics (as of the most recent quarterly report) include an expense ratio of 0.20%, a weighted-average yield of roughly 5.2%, and an average portfolio duration of about 2.5 years, reflecting the fund’s focus on short-dated, high-credit instruments.
The performance of JAAA is driven primarily by three macro-level factors: (1) the health of the leveraged-loan market, which fuels new CLO issuance; (2) prevailing interest-rate levels and the shape of the yield curve, which affect CLO pricing and spread compression; and (3) corporate credit-default rates, especially in the high-yield sector, which influence the underlying loan pool quality.
For a deeper quantitative breakdown and scenario analysis, consider exploring ValueRay’s analytics platform to complement your due-diligence process.
JAAA ETF Overview
| Market Cap in USD | 25,967m |
| Category | Ultrashort Bond |
| TER | 0.21% |
| IPO / Inception | 2020-10-16 |
JAAA ETF Ratings
| Growth Rating | 77.0% |
| Fundamental | - |
| Dividend Rating | 81.7% |
| Return 12m vs S&P 500 | -9.54% |
| Analyst Rating | - |
JAAA Dividends
| Dividend Yield 12m | 5.56% |
| Yield on Cost 5y | 6.93% |
| Annual Growth 5y | 123.55% |
| Payout Consistency | 100.0% |
| Payout Ratio | % |
JAAA Growth Ratios
| Growth Correlation 3m | 98.8% |
| Growth Correlation 12m | 97% |
| Growth Correlation 5y | 92.4% |
| CAGR 5y | 7.44% |
| CAGR/Max DD 3y (Calmar Ratio) | 5.08 |
| CAGR/Mean DD 3y (Pain Ratio) | 119.33 |
| Sharpe Ratio 12m | 0.43 |
| Alpha | 0.70 |
| Beta | 0.040 |
| Volatility | 1.31% |
| Current Volume | 6838.9k |
| Average Volume 20d | 5017.3k |
| Stop Loss | 49.1 (-3%) |
| Signal | 0.24 |
What is the price of JAAA shares?
Over the past week, the price has changed by +0.00%, over one month by +0.19%, over three months by +1.20% and over the past year by +5.31%.
Is Janus Detroit Street Trust a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of JAAA is around 55.15 USD . This means that JAAA is currently overvalued and has a potential downside of 8.95%.
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 | - | - |
| ValueRay Target Price | 60.2 | 18.9% |
Last update: 2025-10-13 02:02
JAAA Fundamental Data Overview
Beta = 0.04
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 25.97b USD (25.97b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 25.97b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 25.97b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.16% (E(25.97b)/V(25.97b) * Re(6.16%) + (debt-free company))
Discount Rate = 6.16% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for JAAA ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle