VNLA:ARCA-Janus Short Duration Income (USD)

ETF | Ultrashort Bond | NYSE Arca

Last Closing

USD 48.5

Change

+0.01 (+0.02)%

Market Cap

USD 2.24B

Volume

0.56M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to consistently outperform the LIBOR 3-month rate by a moderate amount through various market cycles while at the same time providing low volatility; a steady income stream with capital preservation is the second consideration. The fund normally invests its net assets in a portfolio of fixed income instruments of varying maturities. It may invest up to 15% in asset-backed securities that are rated investment grade or of similar quality as determined by Janus Capital. The average portfolio duration of the fund generally will be within 0-2 years of LIBOR. The fund may also invest up to 70% of its assets in foreign securities.

Inception Date: 16/11/2016

Primary Benchmark: FTSE Treasury Bill 3 Mon USD

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.35 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-03-28 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Mer Price(Change) Market Cap
BIL SPDR® Bloomberg 1-3 Month T-B.. 0.14 %

N/A

USD 32.61B
PULS PGIM Ultra Short Bond 0.15 %

+0.01 (+0.02%)

USD 6.23B
GBIL Goldman Sachs Access Treasury .. 0.12 %

+0.01 (+0.01%)

USD 5.59B
FLRN SPDR® Bloomberg Investment Gr.. 0.15 %

+0.01 (+0.03%)

USD 2.35B
GSY Invesco Ultra Short Duration E.. 0.25 %

+0.01 (+0.02%)

USD 1.93B
FLTR VanEck Investment Grade Floati.. 0.14 %

+0.02 (+0.08%)

USD 1.50B
RAVI FlexShares Ready Access Variab.. 0.25 %

+0.03 (+0.04%)

USD 1.14B
ULST SPDR® SSgA Ultra Short Term B.. 0.20 %

+0.01 (+0.02%)

USD 0.58B
OPER ClearShares Ultra-Short Maturi.. 0.28 %

-0.44 (-0.44%)

USD 0.16B

ETFs Containing VNLA

WIZ 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs. Industry/Classification (Ultrashort Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.37% 45% F 34% F
Dividend Return 0.79% 9% A- 45% F
Total Return 1.17% 18% F 33% F
Trailing 12 Months  
Capital Gain 1.69% 91% A- 35% F
Dividend Return 3.20% 9% A- 48% F
Total Return 4.89% 36% F 33% F
Trailing 5 Years  
Capital Gain -2.43% 9% A- 41% F
Dividend Return 11.06% 91% A- 43% F
Total Return 8.63% 18% F 37% F
Average Annual (5 Year Horizon)  
Capital Gain -0.90% 10% F 37% F
Dividend Return 1.23% 30% F 35% F
Total Return 2.14% 100% F 50% F
Risk Return Profile  
Volatility (Standard Deviation) 1.92% 80% B- 99% N/A
Risk Adjusted Return 64.40% 50% F 89% A-
Market Capitalization 2.24B 55% F 64% D

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.