Which returned more over the last year, JBBB or PHYL?

In the year to Oct 20, 2026, with distributions reinvested, JBBB returned +4.9% and PHYL +0.8%.

Which is cheaper, JBBB or PHYL?

PHYL is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.

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JBBB vs PHYL: Differences, Returns & Fees

Over the year JBBB returned +4.9% to PHYL's +0.8%, and PHYL charges 0.39% to JBBB's 0.47%. Net assets: $1.4bn on Jul 31, 2026 for Janus Henderson B-BBB CLO ETF, and $1.5bn on Oct 19, 2026 for PGIM Active High Yield Bond ETF.

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Answers cite the figures on this page.

PHYL costs 0.08 points a year less; their one-year returns differ by 4.1 points.

JBBB vs PHYL: Differences, Returns & Fees
	JBBB	PHYL
Expense ratio	0.47%	0.39%
Net assets, JBBB as of Jul 31, 2026 and PHYL as of Oct 19, 2026	$1.4bn	$1.5bn
Total return, 1 year	+4.9%	+0.8%
What it tracks	No index, actively managed	No index, actively managed
Holdings in common	0%

Holdings in common uses holdings dated May 29, 2026 and Jul 31, 2026.

+4.9%

JBBB total return, 1 year

+0.8%

PHYL total return, 1 year

0.47%

JBBB expense ratio

0.39%

PHYL expense ratio

Client brief · page 1 of 2Report BR-CC7C0D04A2

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

Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 29, 2026).
One-year total return. Over 1 year to Oct 20, 2026 JBBB returned +4.9% and PHYL +0.8% with distributions reinvested, a gap of 4.1 points.
Number of holdings. JBBB holds 239 positions and PHYL holds 783.

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.

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What they hold in common

By the books each fund has filed, JBBB and PHYL hold 0% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Jul 31, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding JBBB PHYL

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 PHYL

PGIM AAA CLO ETF 1.08%

TDG 6.75 08/15/28 144A, due Aug 15, 2028 0.97%

RADIATE HOLDCO LLC, due Sep 25, 2029 0.90%

CVNA 9 06/01/30 144A, due Jun 1, 2030 0.74%

DVA 4.625 06/01/30 144A, due Jun 1, 2030 0.61%

UNSEAM 7.875 02/15/31 144A, due Feb 15, 2031 0.58%

MERIDI 6.25 04/30/31 144A, due Apr 30, 2031 0.57%

TENINC 8 11/17/28 144A, due Nov 17, 2028 0.56%

Check overlap with more funds →

On the same fields

JBBB

Janus Henderson B-BBB CLO ETF

PHYL

PGIM Active High Yield Bond ETF

Where it sits Bond ETF Bond ETF

Issuer Janus Henderson PGIM

What it is Actively managed Actively managed

Total return, 1 year +4.9% +0.8%

Its benchmark over the same days not measured −1.9% (AGG)

Gap to its benchmark not measured +2.7 pts vs AGG

Expense ratio 0.47% 0.39%

Holdings 239 783

Net assets, JBBB as of Jul 31, 2026 and PHYL as of Oct 19, 2026 $1.4bn $1.5bn

JBBB and PHYL 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 PHYL

PHYL is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +0.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.39% a year.

Questions people ask

Which returned more over the last year, JBBB or PHYL?: In the year to Oct 20, 2026, with distributions reinvested, JBBB returned +4.9% and PHYL +0.8%.
Which is cheaper, JBBB or PHYL?: PHYL is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

HFSI vs JBBB JBBB vs JNK JBBB vs SPHY HYDB vs JBBB HYDB vs PHYL FALN vs PHYL FLHY vs PHYL HYGV vs PHYL

JBBB on its own →PHYL on its own →Hold both: look the portfolio through →Rankings →JBBB dividend history →JBBB holdings →PHYL dividend history →PHYL holdings →Standards and sources →

Where these figures came from

JBBB filings on SEC EDGAR ↗JBBB prospectus with the expense ratio (SEC) ↗Janus Henderson website ↗PHYL filings on SEC EDGAR ↗PHYL prospectus with the expense ratio (SEC) ↗PGIM website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

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

Open data

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