JSI vs MGOV
Janus Henderson Securitized Income ETF vs First Trust Intermediate Government Opportunities ETF
Which is better, JSI or MGOV?
JSI has been ahead.
JSI led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | JSI | MGOV |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $1.5B | $97M |
| Dividend Yield | 6.59% | 5.00% |
| Holdings | 588 | 406 |
| YTD Return | +0.23%Best | -2.85% |
| 1Y Return | +1.50%Best | -3.14% |
| 3Y Return (annualized) | +6.02%Best | +4.89% |
| Volatility (annualized) | 2.7%Best | 5.9% |
| Max Drawdown | -2.3%Best | -6.3% |
| $10,000 over 2.9 years | $11,847Best | $11,339 |
| Fund Family | Janus Henderson Investors | First Trust Portfolios (US) |
| Category | Fixed Income | Fixed Income |
| Inception | Nov 8, 2023 | Aug 2, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 9, 2023 to Oct 14, 2026 (2.9 years).
JSI vs MGOV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.9 years both funds cover.
JSI vs MGOV Performance
Janus Henderson Securitized Income ETF (JSI) is an ETF from Janus Henderson Investors and First Trust Intermediate Government Opportunities ETF (MGOV) is an ETF from First Trust Portfolios (US). Over the past year JSI returned +1.50% while MGOV returned -3.14%. Year to date, JSI is up 0.23% versus a loss of 2.85% for MGOV.
Over three years, JSI compounded at +6.02% per year against +4.89% for MGOV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MGOV has been the more volatile fund, with annualized monthly volatility of 5.9% compared with 2.7% 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 -6.3% for MGOV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JSI charges 0.50% per year while MGOV charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, JSI currently yields 6.59% against 5.00% for MGOV.
Holdings Overlap
We hold position weights for 50 holdings in JSI and 10 in MGOV, totalling 100.0% and 10.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 50 positions we hold weights for in JSI and 10 in MGOV, against full books of 588 and 406.
You are not choosing between two funds in isolation.
Whichever of JSI and MGOV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, JSI or MGOV?
JSI has an expense ratio of 0.50% while MGOV charges 0.50%. At the precision these are quoted to, they cost the same.
Which performed better, JSI or MGOV?
Over the past year JSI returned +1.50% vs -3.14% for MGOV, so JSI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JSI or MGOV?
MGOV has been the more volatile fund at 5.9% annualized versus 2.7% for JSI. Worst drawdown: JSI -2.3% vs MGOV -6.3%.
Should I hold both JSI and MGOV?
JSI and MGOV have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JSI or MGOV?
JSI yields 6.59% while MGOV yields 5.00%, so JSI currently pays the higher dividend yield.
Is MGOV better than JSI?
JSI led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.