JSI vs QQQ
JSI vs QQQ
Janus Henderson Securitized Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. JSI offers more diversification with 158 holdings.
Side-by-Side Comparison
| Metric | JSI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.18% | |
| AUM | $1.5B | $455.8B | |
| Dividend Yield | 6.26% | 0.41% | |
| Holdings | 547 | 108 | |
| YTD Return | +1.13% | +12.48% | |
| 1Y Return | +3.53% | +22.35% | |
| 3Y Return (annualized) | - | +22.30% | |
| 5Y Return (annualized) | - | +14.24% | |
| Volatility (annualized) | 2.6% | 30.6% | |
| Max Drawdown | -2.3% | -83.0% | |
| Fund Family | Janus Henderson Investors | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 8, 2023 | Mar 10, 1999 |
JSI vs QQQ Performance
Janus Henderson Securitized Income ETF (JSI) is a ETF from Janus Henderson Investors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year JSI returned +3.53% while QQQ returned +22.35%. Year to date, JSI is up 1.13% versus a gain of 12.48% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 2.6% for JSI. 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 -2.3% for JSI 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JSI charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, JSI currently yields 6.26% against 0.41% for QQQ.
Holdings Overlap
JSI and QQQ share 0 holdings out of 261 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, JSI or QQQ?
JSI has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, JSI or QQQ?
Over the past year JSI returned +3.53% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), JSI annualized +6.84% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, JSI or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 2.6% for JSI. Worst drawdown: JSI -2.3% vs QQQ -83.0%.
Should I hold both JSI and QQQ?
JSI and QQQ have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JSI and QQQ?
JSI and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 261 unique securities.
Which pays a higher dividend, JSI or QQQ?
JSI yields 6.26% while QQQ yields 0.41%, so JSI currently pays the higher dividend yield.
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