JSI vs. SPAX ETF Comparison
Comparison of Janus Henderson Securitized Income ETF (JSI) to Robinson Alternative Yield Pre-merger SPAC ETF (SPAX)
JSI
Janus Henderson Securitized Income ETF
JSI Description
The fund advisor pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus borrowings for investment purposes) in securitized securities. Securitized securities are debt securities that entitle their holders to payments that depend primarily on the assets underlying the securities, and include, but are not limited to, asset-backed securities ("ABS"), collateralized loan obligations ("CLOs"), agency and non-agency mortgage-backed securities ("MBS"), and collateralized mortgage obligations ("CMOs"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$51.60
Average Daily Volume
28,749
2
SPAX
Robinson Alternative Yield Pre-merger SPAC ETF
SPAX Description
The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an actively managed exchange-trade fund (ETF) that invests in Special Purpose Acquisition Companies (SPACs), also known as blank check companies. SPAX seeks to provide total return while minimizing downside risk. SPAX invests primarily in equity securities, specifically units and shares of common stock and warrants of U.S.-listed SPACs. SPAX expects to invest the majority of its assets in SPACs which are small capitalization companies. The Fund intends to exit any SPAC units, common shares and warrants prior to the completion of a business combination, seeking to minimize downside risk.Grade (RS Rating)
Last Trade
$20.29
Average Daily Volume
1,585
33
Performance
| Period | JSI | SPAX |
|---|---|---|
| 30 Days | 0.69% | 0.47% |
| 60 Days | 1.65% | 1.35% |
| 90 Days | 1.86% | 1.75% |
| 12 Months | 2.45% |
0 Overlapping Holdings
| Symbol | Grade | Weight in JSI | Weight in SPAX | Overlap |
|---|
JSI Underweight 33 Positions Relative to SPAX
| Symbol | Grade | Weight | |
|---|---|---|---|
| HAIA | A | -3.35% | |
| BACA | B | -3.22% | |
| WTMA | B | -3.12% | |
| EMLD | C | -3.04% | |
| KCGI | A | -3.04% | |
| CMCA | B | -2.63% | |
| GHIX | C | -2.63% | |
| HCVI | C | -2.5% | |
| AOGO | B | -2.36% | |
| BLEU | B | -2.23% | |
| PRLH | B | -2.23% | |
| IVCP | B | -2.1% | |
| TGAA | C | -2.08% | |
| CDAQ | B | -2.0% | |
| ONYX | C | -1.89% | |
| BNIX | B | -1.88% | |
| CFFS | B | -1.73% | |
| GAQ | A | -1.61% | |
| ROCL | C | -1.41% | |
| MITA | B | -0.89% | |
| TRON | B | -0.79% | |
| IMAQ | D | -0.71% | |
| PPYA | B | -0.7% | |
| BRKH | B | -0.64% | |
| BYNO | B | -0.62% | |
| RMGC | F | -0.59% | |
| MCAG | B | -0.42% | |
| MSSA | B | -0.41% | |
| TRIS | A | -0.34% | |
| FHLT | D | -0.08% | |
| BHAC | B | -0.05% | |
| SWSS | D | -0.02% | |
| NSTD | F | -0.0% |
JSI: Top Represented Industries & Keywords
SPAX: Top Represented Industries & Keywords
Compare ETFs
