JBBB vs QQQ
JBBB vs QQQ
Janus Henderson B-BBB CLO ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | JBBB | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.47% | 0.18% | |
| AUM | $1.2B | $455.8B | |
| Dividend Yield | 8.11% | 0.41% | |
| Holdings | 217 | 108 | |
| YTD Return | -0.64% | +18.34% | |
| 1Y Return | +0.34% | +28.94% | |
| 3Y Return (annualized) | +7.43% | +25.28% | |
| 5Y Return (annualized) | - | +15.22% | |
| Volatility (annualized) | 6.0% | 30.6% | |
| Max Drawdown | -10.6% | -83.0% | |
| Fund Family | Janus Henderson Investors | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jan 11, 2022 | Mar 10, 1999 |
JBBB vs QQQ Performance
Janus Henderson B-BBB CLO ETF (JBBB) is a ETF from Janus Henderson Investors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year JBBB returned +0.34% while QQQ returned +28.94%. Year to date, JBBB is down 0.64% versus a gain of 18.34% for QQQ.
Over three years, JBBB compounded at +7.43% per year against +25.28% for QQQ. Across the full 5-year window we track, QQQ has the edge at +13.12% annualized vs +5.80%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 6.0% for JBBB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -10.6% for JBBB and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JBBB charges 0.47% per year while QQQ charges 0.18%. On a $10,000 position that is $47 vs $18 annually, a gap of $29 per year that compounds over a long holding period. On income, JBBB currently yields 8.11% against 0.41% for QQQ.
Holdings Overlap
JBBB and QQQ share 0 holdings out of 109 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, JBBB or QQQ?
JBBB has an expense ratio of 0.47% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $29 per year of difference.
Which performed better, JBBB or QQQ?
Over the past year JBBB returned +0.34% vs +28.94% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), JBBB annualized +5.80% vs +13.12% for QQQ. Past performance does not guarantee future results.
Which is riskier, JBBB or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 6.0% for JBBB. Worst drawdown: JBBB -10.6% vs QQQ -83.0%.
Should I hold both JBBB and QQQ?
JBBB and QQQ have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JBBB and QQQ?
JBBB and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 109 unique securities.
Which pays a higher dividend, JBBB or QQQ?
JBBB yields 8.11% while QQQ yields 0.41%, so JBBB currently pays the higher dividend yield.
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