JSI vs QQQ
Janus Henderson Securitized Income ETF vs Invesco QQQ Trust, Series 1
Which is better, JSI or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 51.8%.
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 | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $1.5B | $506.1B |
| Dividend Yield | 6.59% | 0.42% |
| Holdings | 588 | 321 |
| YTD Return | +0.23% | +19.30%Best |
| 1Y Return | +1.50% | +22.47%Best |
| 3Y Return (annualized) | +6.02% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 2.7%Best | 16.7% |
| Max Drawdown | -2.3%Best | -22.8% |
| $10,000 over 2.9 years | $11,847 | $19,895Best |
| Top 10 Weight | 51.8% | 46.7%Best |
| Fund Family | Janus Henderson Investors | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Growth |
| Inception | Nov 8, 2023 | Mar 10, 1999 |
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 QQQ 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 QQQ Performance
Janus Henderson Securitized Income ETF (JSI) is an ETF from Janus Henderson Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year JSI returned +1.50% while QQQ returned +22.47%. Year to date, JSI is up 0.23% versus a gain of 19.30% for QQQ.
Over three years, JSI compounded at +6.02% per year against +26.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 16.7% 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 -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.20. They move largely independently of each other.
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 6.59% against 0.42% for QQQ.
Holdings Overlap
8.6% of JSI's money is in holdings QQQ also owns. 0.9% of QQQ's money is in holdings JSI also owns.
JSI and QQQ share little of their money.
2 positions in common, counted across the 50 positions we hold weights for in JSI and 101 in QQQ, against full books of 588 and 321.
What only one of them owns
Our book lists 93 positions for QQQ that do not appear in our book for JSI (96.3% of the fund), and 1 for JSI that do not appear in QQQ (1.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of JSI and QQQ 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 QQQ?
JSI has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, JSI or QQQ?
Over the past year JSI returned +1.50% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JSI or QQQ?
QQQ has been the more volatile fund at 16.7% annualized versus 2.7% for JSI. Worst drawdown: JSI -2.3% vs QQQ -22.8%.
Should I hold both JSI and QQQ?
JSI and QQQ have a monthly-return correlation of 0.20, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between JSI and QQQ?
8.6% of JSI's money is in holdings QQQ also owns. 0.9% of QQQ's is in holdings JSI also owns. They hold 2 positions in common, counted across the 50 positions we hold weights for in JSI and 101 in QQQ.
Which pays a higher dividend, JSI or QQQ?
JSI yields 6.59% while QQQ yields 0.42%, so JSI currently pays the higher dividend yield.
Is QQQ better than JSI?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 51.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.