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JBBBvsNCLOETF Comparison

ETF 1
JBBB

Janus Henderson B-BBB CLO ETF

This fund is part of
US Aggregate Bonds
-0.11%
VS
ETF 2
NCLO

Nuveen AA-BBB CLO ETF

This fund is part of
US Corporate IG Bonds
-0.08%

Janus Henderson B-BBB CLO ETF (JBBB) and Nuveen AA-BBB CLO ETF (NCLO) have similar underlying exposures to countries and sectors. JBBB's top 2 sector exposures are Industrials and Finance. In contrast, NCLO's top sector exposures are Industrials. JBBB is more expensive with a Total Expense Ratio (TER) of 0.47%, versus 0.26% for NCLO. JBBB is up 3.29% year-to-date (YTD) with +$332M in YTD flows. NCLO performs better with 3.84% YTD performance, and +$12M in YTD flows. Run a side-by-side ETF comparison of JBBB and NCLO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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JBBB vs NCLO performance and flow charts

Performance

0.00.20.40.60.81.0%Aug 10Aug 17Aug 24Aug 31Sep 7

Cumulative Flows

0 M20 M40 M60 M80 M100 MAug 10Aug 17Aug 24Aug 31Sep 7

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 09/09/2026
1M3MYTD1Y3Y5Y
Perf.
JBBB
NCLO
+1.02%+0.60%
+1.81%+1.51%
+3.29%+3.84%
+4.74%+5.61%
+24.76%n/a
n/an/a
Flows
JBBB
NCLO
+$92M+$1M
+$307M-$628K
+$332M+$12M
+$72M+$76M
+$1.46B-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
JBBB
NCLO
+0.88%+0.33%
+1.24%+1.04%
+1.94%n/a
n/an/a
Max drawdown
JBBB
NCLO
-0.04%n/a
-1.91%-1.10%
-2.77%n/a
n/an/a
Max drawdown duration
JBBB
NCLO
4dn/a
81d42d
105dn/a
n/an/a
Trading data

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JBBB
NCLO
Last sale
9/9/2026 at 1:30 PM
$47.42
$25.04
Previous close
09/09/2026
$47.44
$25.03
Consolidated volume
09/09/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 9/9/2026 at 1:30 PM
Live
Closed
JBBB
NCLO
Last price
$47.42
$25.04
1D performance
-0.04%
+0.03%
AuM$1.52 B$155.65 M
E/R0.47%0.26%
Characteristics
JBBB
NCLO
Management strategyActiveActive
ProviderJanus Henderson InvestorsNuveen
Benchmark--
N° of holdings613
Asset class--
Trailing 12m distribution yield
Join
Join
Inception dateJanuary 11, 2022December 10, 2024
ESGNoNo
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Exposure

Countries

JBBB
Other
100%
NCLO
Other
100%

Sectors

JBBB
Other
100%
NCLO
Other
100%
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Diversification

JBBB

Total weight of top 15 holdings out of 15

17.3%
NCLO

Total weight of top 15 holdings out of 15

29.02%

Top 15 holdings

Data as of July 31, 2026
JBBB
US88677FAG81
1.79%
US75884EAW21
1.64%
US88676PAJ12
1.42%
US69703LAY48
1.41%
US83617EAL48
1.18%
US00121XAJ00
1.11%
US75884BBE74
1.10%
US08186YAU82
1.06%
US83011VAS34
1.04%
Elmwood CLO 2022-5A, FRN 17jul2037, USD (ABS, D1R)
1.00%
US09077FAU93
0.93%
US69688FAW05
0.93%
US559922AS81
0.91%
US55954KBC80
0.89%
US09627FBJ84
0.88%
NCLO
US00900LBQ68
2.65%
US67121RAJ23
2.32%
US67570FAE51
2.31%
US38139FAU49
2.23%
US597921AG03
2.14%
US64132YBN13
1.98%
US039948AG96
1.98%
US00900GAW50
1.98%
US69703YAG52
1.78%
US12575WAG42
1.68%
US143120AU72
1.65%
USG6110CAD23
1.65%
US03330YAQ35
1.65%
US48256NAE94
1.53%
US48257WAG33
1.48%
Frequently asked questions about JBBB and NCLO

How have the JBBB and NCLO ETFs performed in 2026?

As of September 9, 2026, JBBB is up 3.29% year-to-date (YTD), while NCLO has returned 3.84%. That puts NCLO better performer ahead so far this year.

Which ETF is attracting more investor money: JBBB or NCLO?

Year-to-date, the JBBB ETF saw +$332M in flows, compared to +$12M for NCLO.

Which ETF is more volatile: JBBB or NCLO?

Over the past year, JBBB had a volatility of 1.24%, while NCLO experienced 1.04%.

Which ETF is bigger: JBBB or NCLO?

As of September 9, 2026, JBBB holds $1.52 B in assets under management (AUM), while NCLO manages $155.65 M.

What are the top holdings of the JBBB ETF and NCLO ETF?

JBBB top holdings include US88677FAG81, US75884EAW21 and US88676PAJ12. NCLO holds in its top three: US00900LBQ68, US67121RAJ23 and US67570FAE51.

Which ETF is more diversified: JBBB or NCLO?

JBBB holds 817 securities with 17.3% of its assets in the top 15. NCLO has 105 securities and a top 15 weight of 29.02%.

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