JABS Janus Henderson Asset-Backed Securities ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

JABS — —
Key stats
About

Janus Henderson Asset-Backed Securities ETF (JABS) ETF

No description available.

Exchange
ARCX
Inception
2025-07-22
Has Options
No
Fund profile
holdings as of Oct 20, 2026issuer datathrough Jul 2026flows, SEC filings
Taxable Bond Mortgage & Securitized#24 of 45 by assets Janus Henderson Actively managed
Expense ratio
0.33%
issuer, Oct 22, 2026
Assets
$179M
issuer-reported, Oct 20, 2026
Trailing yield
4.88%
paid monthly
Average daily volume
$1.7M
30 sessions
Holdings
190
top 10 are 13.6%
Listed
Jul 22, 2025
NYSE Arca
Net asset value
$49.35
issuer, Oct 21, 2026 · closed +0.20% to NAV
Median bid/ask spread
0.14%
30 days, issuer-reported
30-day SEC yield
4.84%
issuer, Sep 30, 2026
Closure risk, 12 months
1.9%
low: age · model
FrenzyCap ETF score
53
how it is built
Cost46
Liquidity41
Scale35
Diversification100

Moves with. Long Treasuries (4% of its variance, beta 0.05). These factors explain 8% of its daily moves over the last year, so most of what drives this fund is something else.

Stated objective. Janus Henderson Asset-Backed Securities ETF seeks current income with a focus on preservation of capital. (from the fund's prospectus)

All 190 holdingsFlow historyOverlap toolAll Mortgage & Securitized ETFs

Fund flows
through Jul 2026SEC filings
Jul 2026
$0
latest reported month
Latest 3 months
+$3.7M
+2.8% of assets
Latest 12 months
+$5.0M
+3.7% of assets
Aug 2025: $0Sep 2025: +$1.3MSepOct 2025: $0Nov 2025: $0NovDec 2025: $0Jan 2026: +$7KJanFeb 2026: $0Mar 2026: $0MarApr 2026: $0May 2026: +$3.7M+$3.7MMayJun 2026: $0Jul 2026: $0Jul
View as a table
Net flows of JABS by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026$0
Jun 2026$0
May 2026+$3.7M
Apr 2026$0
Mar 2026$0
Feb 2026$0
Jan 2026+$7K
Dec 2025$0
Nov 2025$0
Oct 2025$0
Sep 2025+$1.3M
Aug 2025$0

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 15 months ago

Similar funds
FundOverlapFeeAssets1Y
MBBiShares MBS ETF—0.04%$35.2B−5.7%compare
VMBSVanguard Mortgage-Backed Securities ETF—0.03%$15.7B−5.2%compare
SPMBState Street SPDR Portfolio Mortgage Backed Bond ETF—0.04%$6.9B−5.7%compare
JMTGJPMorgan Mortgage-Backed Securities ETF—0.24%$6.7B−5.4%compare
SMBSSchwab Mortgage-Backed Securities ETF—0.03%$6.4B−6.3%compare

The largest other funds in the Mortgage & Securitized category.

Look-through: what the holdings say
weights as of Oct 20, 2026issuer data
Insider buying
0%
of weight had net insider buying, 90 days; 0% net selling
13F holders
+1.4%
change in shares held by institutions, latest quarter
Reporting earnings
0.0%
of weight in 7 days; 0.0% in 14

Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.

Under the hood
fiscal year to Oct 31, 2025SEC census
Authorized participants
2 active
of 17 with agreements; top 3 did 100%
Created · redeemed
$131M · $0
over the fiscal year
Redemptions in kind
0%
creations 0% in kind
Creation unit
25,000
shares
Securities lending
authorized, none lent
Diversification status
Non-diversified
may concentrate in fewer issuers

From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.

ETF Profile
holdings as of 2026-10-20
Holdings
190
AUM
$178.9M
Provider
Janus
Inception
2025-07-22
Exchange
ARCX
Data As Of
2026-10-20
Expense Ratio
0.33%
Dividend Yield
4.88%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-30 2026-10-06 $0.1621 CD
2026-08-31 2026-09-04 $0.2012 CD
2026-07-31 2026-08-06 $0.1979 CD
2026-06-30 2026-07-07 $0.1980 CD
2026-05-29 2026-06-04 $0.1932 CD
2026-04-30 2026-05-06 $0.2017 CD
Asset Allocation
Top Holdings
top 50 of 190 holdings
Symbol Name Weight % Asset Class Country
— US DOLLARS 5.41% Cash/Money Market —
JAAA Janus Henderson AAA CLO ETF 1.78% Equity (US) US
JA Janus Henderson AA-A CLO ETF 1.68% Equity (US) —
— Lendbuzz Securitization Trust 2025-2 C 5.28% 15-APR-2031, 5.28%, 04/15/31 1.54% MBS/ABS —
— Sound Point CLO XXXIII C 6.06015% 25-APR-2035, 6.06%, 04/25/35 1.54% MBS/ABS —
— Libra Solutions 2025-1 A 6.355% 15-AUG-2039, 6.36%, 08/15/39 1.45% MBS/ABS —
— TOWD POINT MORTGAGE TRUS 5.98666% 65, 5.34%, 07/25/65 1.13% MBS/ABS —
— RCKT MORTGAGE TRUST 2025-CE 5.16% 34, 5.16%, 07/25/34 1.11% MBS/ABS —
— FIGRE Trust 2025-HE3 A 5.56% 25-MAY-2055, 5.56%, 05/25/55 1.11% MBS/ABS US
— Exeter Select Automobile Receivables Trust 2025-2 C 4.91% 15-DEC-2031, 4.91%, 12/15/31 1.10% MBS/ABS —
— OCCU Auto Receivables Trust 2025-1 (Oregon Community Credit Union) D 5.6% 15-NOV-2034, 5.60%, 11/15/34 1.10% MBS/ABS —
— HPEFS EQUIPMENT TRUST 2025-2 0% 33, 4.77%, 05/20/33 1.10% MBS/ABS —
— SCCU Auto Receivables Trust 2025-1 (Space Coast Credit Union) C 5.08% 15-FEB-2032, 5.08%, 02/17/32 1.10% MBS/ABS —
— METRONET INFRASTRUCTURE ISSU 5.4% 55, 5.40%, 08/20/55 1.10% MBS/ABS —
— FirstLight Issuer, Series 2026-1 A2_261 5.873% 20-JUN-2056, 5.87%, 06/20/56 1.09% MBS/ABS —
— FIGRE TRUST 2025-FL1 5.467% 55, 5.47%, 07/25/55 1.00% MBS/ABS —
— Lyra MUSIC Assets, Series 2025-1 A2 5.604% 20-SEP-2065, 5.60%, 09/20/65 0.96% MBS/ABS —
— HILTON GRAND VACATIONS TRUS 4.73% 44, 4.73%, 05/25/44 0.95% MBS/ABS US
— Affirm Master Trust Series 2025-1 B 5.13% 15-FEB-2033, 5.13%, 02/15/33 0.92% MBS/ABS US
— Western Funding Auto Loan Trust 2025-1 C 5.34% 15-NOV-2035, 5.34%, 11/15/35 0.90% MBS/ABS US
— PRPM 2025 RCF4 LLC 4.5% 55, 4.50%, 08/25/55 0.86% MBS/ABS —
— Voya CLO 2024-7 C 5.57921% 20-JAN-2038, 5.93%, 01/20/38 0.85% MBS/ABS —
— Alloya Auto Receivables Trust 2025-1 B 4.99% 25-MAR-2030, 4.99%, 03/25/30 0.84% MBS/ABS —
— GM Financial Automobile Leasing Trust 2025-3 C 4.6% 20-JAN-2030, 4.60%, 01/21/30 0.83% MBS/ABS —
— VERTICAL BRIDGE LLC 2016-1 5.602% 55, 5.60%, 08/16/55 0.83% MBS/ABS —
— FHF Issuer Trust 2025-1 (First Help Financial Trust) C 5.69% 15-AUG-2031, 5.69%, 08/15/31 0.82% MBS/ABS —
— OCCU Auto Receivables Trust 2025-1 (Oregon Community Credit Union) C 5.2% 15-OCT-2031, 5.20%, 10/15/31 0.82% MBS/ABS —
— BGSL Big Sky Funding LLC|5.5|12/31/2027, 5.50%, 12/31/27 0.78% Corporate Bond —
— Avis Budget Rental Car Funding (AESOP) Series 2024-1 B 5.85% 20-JUN-2030, 5.85%, 06/20/30 0.76% MBS/ABS —
— Ally Bank Auto Credit-Linked Notes, Series 2025-A C 4.844% 15-JUN-2033, 4.84%, 06/15/33 0.73% MBS/ABS US
— Huntington Bank Auto Credit-Linked Notes, Series 2025-2 B1 4.835% 20-SEP-2033, 4.83%, 09/20/33 0.71% MBS/ABS US
— United Auto Credit Securitization Trust 2025-1 C 5.15% 10-JUN-2030, 5.15%, 06/10/30 0.70% MBS/ABS —
— AQUA FINANCE ISSUER TRUST 2 5.24% 51, 5.24%, 05/17/51 0.68% MBS/ABS —
— LIGHTPATH FIBER ISSUER 5.597%56 A2, 5.60%, 03/25/56 0.67% MBS/ABS —
— RCKTL 2025-2 0% 34, 4.95%, 11/27/34 0.66% MBS/ABS —
— Zip Asset Securitization Trust 2026-A C 6.06% 15-FEB-2031, 6.06%, 02/18/31 0.62% MBS/ABS —
— BX Trust 2025-ARIA C 5.517301% 13-DEC-2042, 5.52%, 12/13/42 0.62% MBS/ABS —
— Stream Innovations 2026-2 Issuer Trust|6.57|03/15/2047, 6.57%, 03/15/47 0.62% MBS/ABS US
— Huntington Bank Auto Credit-Linked Notes, Series 2024-1 B1 6.153% 20-MAY-2032, 6.15%, 05/20/32 0.62% MBS/ABS —
— Truist Bank Auto Credit Linked Notes, Series 2025-1 B 4.728% 25-SEP-2033, 4.73%, 09/26/33 0.61% MBS/ABS US
— FOUNDATION FINANCE TRUST 20 5.07% 52, 5.07%, 08/15/52 0.60% MBS/ABS —
— RCKT Mortgage Trust 2025-CES9 A3 5.198% 25-SEP-2055, 5.20%, 09/25/55 0.59% MBS/ABS —
— U.S. Bank Auto Credit Linked Notes, Series 2023-1 B 6.789% 25-AUG-2032, 6.79%, 08/25/32 0.59% MBS/ABS US
— VB-S1 Issuer Secured Tower Revenue Notes, Series 2022-1 (Vertical Bridge) C21_2022_1 3.042933% 15-FEB-2052, 3.16%, 02/15/52 0.59% MBS/ABS —
— OnDeck Asset Securitization IV, Series 2024-1 B 7.15% 17-JUN-2031, 7.15%, 06/17/31 0.56% MBS/ABS —
— Ford Credit Floorplan M AB 0% 33, 5.86%, 10/15/33 0.56% MBS/ABS —
— First Investors Auto Ow AB 6.15%33, 6.01%, 05/16/33 0.56% MBS/ABS —
— Crossroads Asset Trust AB 0% 33, 6.38%, 07/20/33 0.56% MBS/ABS —
— DailyPay Securitization Trust 2026-1 A 6.26% 25-OCT-2029, 6.26%, 10/25/29 0.56% MBS/ABS US
— SCF Equipment Leasing 2026-1 LLC|6.1|10/20/2036, 6.10%, 10/20/36 0.56% MBS/ABS US
Non-Equity Breakdown
Janus Henderson Asset - Backed Securities ETF · NPORT-P period 2026-07-31 (filed 2026-09-25)
Net assets: $134M · 140 total positions · equity 0.00% · non-equity 101.14%
Non-equity holdings — 140 positions, 101.14% of NAV
Category Weight Value Positions
ABS-O 83.39% $111.8M 119
Mortgage-backed (Corporate) 6.05% $8.1M 11
Other 4.60% $6.2M 2
CBO/CDO (Corporate) 3.14% $4.2M 2
Short-term investment 2.78% $3.7M 1
Corporate 1.19% $1.6M 2
Derivative (interest rate) -0.01% $-18628 3
Chart
Seasonality
'25'26Avg
Jan---0.10%-0.10%
Feb--0.22%0.22%
Mar---0.91%-0.91%
Apr--0.00%0.00%
May---0.13%-0.13%
Jun--0.11%0.11%
Jul-0.04%-0.31%-0.17%
Aug0.61%-0.05%0.28%
Sep0.16%-0.76%-0.30%
Oct0.30%-0.08%*0.11%
Nov0.80%--0.80%
Dec-0.03%---0.03%
Total1.81%-2.00%-0.09%
* Only 2 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $49.40
SMA 50: $49.60
SMA 200: $49.92
Current: $49.45
EMA 12: $49.43
EMA 26: $49.46
MACD: -0.0288 | Signal: 0.0206
BEARISH
ADX (14): 10.94
RANGE
+DI: 24.32
−DI: 24.64

Momentum Oscillators

RSI (14): 48.55
NEUTRAL
Stoch %K: 67.89
Stoch %D: 65.92
Williams %R: -29.09

Volume & Volatility

BB Upper: $49.51
BB Lower: $49.29
NEUTRAL
OBV: 779,452
Vol SMA 20: 20,207
Vol ROC: 198.68%
ATR: $0.15
True Range: $0.05
HV 20: 2.3%
HV 30: 2.5%
HV 60: 2.4%

Data Summary

Data Points: 315
Last Updated:
Date Range: 2025-07-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All JABS news →

JABS Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.0135
Alpha: -2.04%
Correlation: 0.0736
R-Squared: 0.5%
Stock Volatility: 2.3%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time

JABS Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

13 filers7,206,476 shares$359.41M value
# Filer Shares Value % of Total % of Float Period
1 Janus Henderson Group plc 2,450,000 $122.14M 33.98% — 2026-03-31
2 Jupiter Topco LLC 2,023,365 $101.02M 28.11% — 2026-06-30
3 Park Avenue Institutional Advisers LLC 1,975,000 $98.60M 27.43% — 2026-06-30
4 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 352,700 $17.41M 4.84% — 2026-09-30
5 Obermeyer Wealth Partners 316,896 $15.82M 4.40% — 2026-06-30
6 Hidden Cove Wealth Management, LLC 44,198 $2.21M 0.61% — 2026-06-30
7 Jane Street Group, LLC Custodian 16,189 $808.24K 0.22% — 2026-06-30
8 Citadel Advisors LLC Custodian 12,500 $624.06K 0.17% — 2026-06-30
9 Knights of Columbus Asset Advisors LLC 9,344 $466.50K 0.13% — 2026-06-30
10 Bulwark Capital Corp 3,273 $161.26K 0.04% — 2026-09-30
11 HARBOUR INVESTMENTS, INC. 2,893 $144.43K 0.04% — 2026-06-30
12 UBS Group AG Custodian 117 $5.84K <0.01% — 2026-06-30
13 Wells Fargo & Company Custodian 1 $33 0.00% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month