JLQD vs VOO
JLQD vs VOO
Janus Henderson Corporate Bond ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | JLQD | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.03% | |
| AUM | $14M | $979.0B | |
| Dividend Yield | 5.82% | 1.09% | |
| Holdings | 155 | 509 | |
| YTD Return | -0.25% | +13.80% | |
| 1Y Return | +2.62% | +23.71% | |
| 3Y Return (annualized) | +5.58% | +21.50% | |
| 5Y Return (annualized) | +0.01% | +13.44% | |
| Volatility (annualized) | 7.9% | 14.1% | |
| Max Drawdown | -21.2% | -34.3% | |
| Fund Family | Janus Henderson Investors | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Sep 8, 2021 | Sep 7, 2010 |
JLQD vs VOO Performance
Janus Henderson Corporate Bond ETF (JLQD) is a ETF from Janus Henderson Investors and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year JLQD returned +2.62% while VOO returned +23.71%. Year to date, JLQD is down 0.25% versus a gain of 13.80% for VOO.
Over three years, JLQD compounded at +5.58% per year against +21.50% for VOO; over five years the annualized figures are +0.01% and +13.44% respectively. Across the full 5-year window we track, VOO has the edge at +13.58% annualized vs +0.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 7.9% for JLQD. 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 -21.2% for JLQD and -34.3% for VOO. 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JLQD charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, JLQD currently yields 5.82% against 1.09% for VOO.
Holdings Overlap
JLQD and VOO share 1 holdings out of 609 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in JLQD | Weight in VOO | Difference |
|---|---|---|---|
| INTC | 0.21% | 1.02% | 0.81% |
Frequently Asked Questions
Which is cheaper, JLQD or VOO?
JLQD has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, JLQD or VOO?
Over the past year JLQD returned +2.62% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (5 years), JLQD annualized +0.01% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, JLQD or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 7.9% for JLQD. Worst drawdown: JLQD -21.2% vs VOO -34.3%.
Should I hold both JLQD and VOO?
JLQD and VOO have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JLQD and VOO?
JLQD and VOO share 1 common holdings with a 0.2% weight overlap. Combined, they hold 609 unique securities.
Which pays a higher dividend, JLQD or VOO?
JLQD yields 5.82% while VOO yields 1.09%, so JLQD currently pays the higher dividend yield.
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