Which returned more over the last year, IBIT or JAAA?

In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and JAAA returned +4.9%, so JAAA returned more.

Which is cheaper, IBIT or JAAA?

IBIT charges 0.25% a year and JAAA charges 0.20%, so JAAA is cheaper. Fees come from each fund's prospectus.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

IBIT vs JAAA: how they differ

IBIT and JAAA hold 0% of their weight in the same names, and JAAA returned more over the year.

iShares Bitcoin Trust ETF and Janus Henderson AAA CLO ETF.

What they hold in common

By the books each fund has filed, IBIT and JAAA hold 0% of their money in the same securities at the same weight.

Only in each
Only in IBIT	Only in JAAA
BITCOIN 100.00%	KKR CLO 35 Ltd. 0.96%
USD CASH 0.00%	AB BSL CLO 1 Ltd. 0.88%
	Anchorage Capital CLO 16 Ltd. 0.82%
	Anchorage Capital CLO 17 Ltd. 0.80%
	Carlyle US CLO Ltd. 0.70%
	Carlyle US CLO Ltd. 0.67%
	Regatta XIX Funding Ltd. 0.67%
	Magnetite XXXII Ltd. 0.67%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 18, 2026.

IBIT and JAAA on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	IBIT iShares Bitcoin Trust ETF	JAAA Janus Henderson AAA CLO ETF
Where it sits	Core fund	Core fund
Issuer	iShares	Janus Henderson
What it is	Holds bitcoin	Actively managed
Total return, 1 year	−31.1%	+4.9%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	−47.6 pts	−11.7 pts
Expense ratio	0.25%	0.20%
Holdings	2	600
Net assets	$63.7bn	$31.2bn

IBIT in plain words

IBIT holds bitcoin. Over the year to Sep 18, 2026 it returned −31.1% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 35.5% below its high of Oct 6, 2025 on Sep 18, 2026.

JAAA in plain words

JAAA is actively managed and tracks no index. Over the year to Sep 18, 2026 it returned +4.9% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year.

Questions people ask

Which returned more over the last year, IBIT or JAAA?: In the year to Sep 21, 2026, with distributions reinvested, IBIT returned −31.1% and JAAA returned +4.9%, so JAAA returned more.
Which is cheaper, IBIT or JAAA?: IBIT charges 0.25% a year and JAAA charges 0.20%, so JAAA is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

IBIT against JAAA, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IBIT against JAAA, data as of Sep 21, 2026. https://etfiq.com/compare/any/ibit-vs-jaaa Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources