(JAAA) Janus Detroit Street Trust - Ratings and Ratios
CLOs, HighQuality Debt, AAA Rated Securities
Description: JAAA Janus Detroit Street Trust
The Janus Henderson AAA CLO ETF (JAAA) is an ultrashort bond ETF that invests at least 90% of its net assets in AAA-rated Collateralized Loan Obligations (CLOs) of any maturity. The funds investment strategy focuses on high-quality CLOs, with the remaining assets invested in other high-quality CLOs with a minimum rating of A-.
To evaluate the funds performance, key metrics to consider include its yield, duration, and credit quality. Given its focus on AAA-rated CLOs, the fund is likely to have a low credit risk profile. The funds yield is likely to be compared to other ultrashort bond ETFs, and its duration will indicate its sensitivity to interest rate changes.
From a technical analysis perspective, the funds price action indicates a stable trend, with support levels at $49.9 and $50.4. To further analyze the funds performance, additional KPIs such as the funds expense ratio, trading volume, and bid-ask spread can be considered. A low expense ratio and tight bid-ask spread would indicate a cost-effective investment option.
In terms of its investment portfolio, the funds holdings are likely to be diversified across various CLO tranches, industries, and issuers. The funds AUM of $22.3 billion indicates a significant investor base, which can contribute to liquidity and stability. Overall, the JAAA ETF appears to be a low-risk investment option for investors seeking exposure to high-quality CLOs.
JAAA ETF Overview
| Market Cap in USD | 25,196m |
| Category | Ultrashort Bond |
| TER | 0.21% |
| IPO / Inception | 2020-10-16 |
JAAA ETF Ratings
| Growth Rating | 56.6% |
| Fundamental | - |
| Dividend Rating | 81.7% |
| Return 12m vs S&P 500 | -11.2% |
| Analyst Rating | - |
JAAA Dividends
| Dividend Yield 12m | 5.72% |
| Yield on Cost 5y | 7.00% |
| Annual Growth 5y | 90.33% |
| Payout Consistency | 100.0% |
| Payout Ratio | % |
JAAA Growth Ratios
| Growth Correlation 3m | 99.7% |
| Growth Correlation 12m | 97% |
| Growth Correlation 5y | 92% |
| CAGR 5y | 7.06% |
| CAGR/Max DD 3y | 0.00 |
| CAGR/Mean DD 3y | 0.00 |
| Sharpe Ratio 12m | 0.43 |
| Alpha | -11.68 |
| Beta | 0.803 |
| Volatility | 0.94% |
| Current Volume | 3304.6k |
| Average Volume 20d | 5383k |
| Stop Loss | 49.1 (-3.1%) |
| Signal | 0.88 |
What is the price of JAAA shares?
Over the past week, the price has changed by +0.06%, over one month by +0.34%, over three months by +1.39% and over the past year by +5.64%.
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 52.93 USD . This means that JAAA is currently overvalued and has a potential downside of 4.42%.
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 | 59.3 | 16.9% |
Last update: 2025-09-12 04:39
JAAA Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = 0.08
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 = 25.20b USD (25.20b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 25.20b)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 25.20b / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
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 = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(25.20b)/V(0.0) * Re(8.97%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 8.97% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for JAAA ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle