JBBB vs JPHY: Differences, Returns & Fees

Over the year JBBB returned +4.9% to JPHY's +2.1%, and JPHY charges 0.45% to JBBB's 0.47%. Net assets: $1.4bn on Jul 31, 2026 for Janus Henderson B-BBB CLO ETF, and $2.2bn on Oct 20, 2026 for JPMorgan Active High Yield ETF.

Ask IQ about this page

Ask IQ about JBBB and JPHY

Answers cite the figures on this page.

JPHY costs 0.02 points a year less; their one-year returns differ by 2.8 points.

JBBB vs JPHY: Differences, Returns & Fees
JBBBJPHY
Expense ratio0.47%0.45%
Net assets, JBBB as of Jul 31, 2026 and JPHY as of Oct 20, 2026$1.4bn$2.2bn
Total return, 1 year+4.9%+2.1%
What it tracksNo index, actively managedNo index, actively managed
Holdings in common0%

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.

+4.9%
JBBB total return, 1 year
+2.1%
JPHY total return, 1 year
0.47%
JBBB expense ratio
0.45%
JPHY expense ratio

Get JPHY's fund flows by email, every Monday.

Plus the Friday ETF note. Confirm from the link that arrives, and unsubscribe in one click. See Privacy.

Client brief · page 1 of 2Report BR-AC4E56D010

JBBB and JPHY are built for the same job. How do they differ in cost, holdings and results?

  1. Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 31, 2026).
  2. One-year total return. Over 1 year to Oct 20, 2026 JBBB returned +4.9% and JPHY +2.1% with distributions reinvested, a gap of 2.8 points.
  3. What each follows (similar). Both follow No index, actively managed.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

Take this comparison to a client

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.

What they hold in common

By the books each fund has filed, JBBB and JPHY hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

half

0% in common

Positions both hold, largest shared weight first
Holding JBBB JPHY
Only in JBBB
Janus Henderson AAA CLO ETF 3.56%
Tikehau US CLO VII Ltd., Series 2025-1A, Class D1, due Feb 25, 2038 1.79%
Regatta XVIII Funding Ltd., Series 2021-1A, Class D1R, due Apr 15, 2038 1.63%
Palmer Square CLO Ltd., Series 2024-2A, Class D1R, due Jul 20, 2038 1.42%
Tikehau US CLO VI Ltd., Series 2024-1A, Class D1, due Jul 18, 2037 1.41%
Sound Point CLO 2025R-1 Ltd., Series 2025-1RA, Class D1, due Feb 20, 2038 1.18%
AGL CLO 39 Ltd., Series 2025-39A, Class D1, due Apr 20, 2038 1.11%
Regatta X Funding Ltd., Series 2017-3A, Class D1R2, due Jul 17, 2037 1.10%
Only in JPHY
CCO Holdings LLC, due Feb 1, 2032 1.09%
Royal Caribbean Cruises Ltd., due Feb 1, 2033 1.03%
Live Nation Entertainment, Inc., due May 15, 2027 0.82%
Venture Global LNG, Inc., due Feb 1, 2032 0.80%
CCO Holdings LLC, due Jun 1, 2033 0.78%
Ford Motor Credit Co. LLC, due Aug 17, 2027 0.75%
CCO Holdings LLC, due Mar 1, 2030 0.73%
American Airlines, Inc., due Apr 20, 2029 0.71%

Check overlap with more funds →

On the same fields

JBBB
Janus Henderson B-BBB CLO ETF
JPHY
JPMorgan Active High Yield ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Actively managed
Total return, 1 year +4.9% +2.1%
Its benchmark over the same days not measured +1.2% (USHY)
Gap to its benchmark not measured +0.9 pts vs USHY
Expense ratio 0.47% 0.45%
Holdings 239 574
Net assets, JBBB as of Jul 31, 2026 and JPHY as of Oct 20, 2026 $1.4bn $2.2bn

JBBB and JPHY on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About JBBB

JBBB is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +4.9% with distributions reinvested. The prospectus expense ratio is 0.47% a year.

About JPHY

JPHY is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +2.1% with distributions reinvested, against +1.2% for its benchmark, the ICE BofA US High Yield Constrained Index. The prospectus expense ratio is 0.45% a year.

Questions people ask

Which returned more over the last year, JBBB or JPHY?
In the year to Oct 20, 2026, with distributions reinvested, JBBB returned +4.9% and JPHY +2.1%.
Which is cheaper, JBBB or JPHY?
JPHY is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, JBBB against JPHY, data as of Oct 20, 2026. https://etfiq.com/compare/any/jbbb-vs-jphy

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.