Compare/Updated Oct 26, 2026, refreshed every trading day
JAAA vs SGOV
Janus Henderson AAA CLO ETF against iShares 0-3 Month Treasury Bond ETF: 4 years of returns, risk and today’s technical read, from Kavout’s own data.
JAAA did better over the period: $1,000 invested on October 28, 2022 grew to $1,299, versus $1,193 for SGOV. It also led across the reported 1-month, 3-month, 6-month, YTD, 1-year, and 3-year periods, and outperformed SGOV in 40 of the last 48 months, typically by 0.20 points. The trade-off was higher risk: JAAA’s 12-month volatility was 0.7% versus 0.3% for SGOV, and its worst drawdown was -1.5% versus -0.3%. JAAA’s 0.20% expense ratio was also higher than SGOV’s 0.09%. The low 0.049 correlation indicates their daily moves were largely unrelated, although JAAA moved 0.25% per 1% move in SGOV. JAAA offered stronger returns, while SGOV provided greater stability and lower costs.
- Price is above its 200-day average ($50); 50-day at $50.
- RSI 90, overbought. Supertrend says buy. ADX 64, so the trend is strong.
- Price is above its 200-day average ($99); 50-day at $100.
- RSI 72, overbought. Supertrend says buy. ADX 44, so the trend is strong.
Head to head
Which has returned more, JAAA or SGOV?
JAAA beat SGOV in 40 of the last 48 months; SGOV won the other 8. The typical monthly gap was 0.20 points.
Total return by period
Which is riskier?
JAAA: Apr 2, 2025 to Apr 10, 2025; SGOV: Sep 29, 2026 to Oct 1, 2026
- 0.049
- correlation of daily moves, 4 years
- 0.25
- JAAA move per 1% in SGOV
- 0.077
- correlation, last 12 months
Month by month
Of the last 48 months. The typical gap was 0.20 points.
When did they diverge?
| Month | JAAA | SGOV | Gap |
|---|---|---|---|
| November 2022 | +1.5% | +0.3% | +1.17 pts |
| January 2023 | +1.3% | +0.3% | +0.99 pts |
| July 2023 | +1.3% | +0.4% | +0.91 pts |
| March 2023 | -0.3% | +0.4% | -0.78 pts |
Where the numbers come from. 1000 daily adjusted closes per fund from the Kavout market-data API, dividends included. Signals and indicators are Kavout’s own, refreshed nightly. Every figure is calculated from those adjusted closes.
Holdings and fees
What do you actually own with JAAA and SGOV?
Go deeper
Ask InvestGPT which one fits your portfolio.
Eight research agents read your holdings, the overlap and the tax side, then answer in plain words. Free accounts get one report a month.
More comparisons
Find another comparison.
Track both, get told when something changes.
Add JAAA and SGOV to a watchlist and Kavout emails you when a signal flips or a price target is hit.
Free account, no card