JPST vs VNLA: Differences, Returns & Fees

JPST's duration was 0.8 years on May 31, 2026 and VNLA's 0.8 on Jul 31, 2026; JPST charges 0.18% to VNLA's 0.23%. Net assets: $42.8bn on Oct 20, 2026 for JPMorgan Ultra-Short Income ETF, and $3.3bn on Jul 31, 2026 for Janus Henderson Short Duration Income ETF.

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Answers cite the figures on this page.

JPST costs 0.05 points a year less; their one-year returns differ by 0.2 points.

JPST vs VNLA: Differences, Returns & Fees
JPSTVNLA
Expense ratio0.18%0.23%
Net assets, JPST as of Oct 20, 2026 and VNLA as of Jul 31, 2026$42.8bn$3.3bn
Total return, 1 year+3.4%+3.6%
What it tracksNo index, actively managedNo index, actively managed
Holdings in commonreport dates differ

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

+3.4%
JPST total return, 1 year
+3.6%
VNLA total return, 1 year
0.18%
JPST expense ratio
0.23%
VNLA expense ratio

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Client brief · page 1 of 2Report BR-CC438D97CF

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

  1. Size. JPST has $42.8bn in net assets and VNLA $3.3bn (net assets, JPST as of Oct 20, 2026 and VNLA as of Jul 31, 2026); JPST is 13.0 times larger.
  2. What each follows (similar). Both follow No index, actively managed.
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 JPST returned +3.4% and VNLA +3.6% with distributions reinvested, a gap of 0.2 points.

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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On the same fields

JPST
JPMorgan Ultra-Short Income ETF
VNLA
Janus Henderson Short Duration Income ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Actively managed
Total return, 1 year +3.4% +3.6%
Its benchmark over the same days −1.9% (AGG) −1.9% (AGG)
Gap to its benchmark +5.4 pts vs AGG +5.5 pts vs AGG
Expense ratio 0.18% 0.23%
Holdings 824 336
Net assets, JPST as of Oct 20, 2026 and VNLA as of Jul 31, 2026 $42.8bn $3.3bn

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

About JPST

JPST is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.4% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.18% a year.

About VNLA

VNLA is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.6% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.23% a year.

Questions people ask

Which returned more over the last year, JPST or VNLA?
In the year to Oct 20, 2026, with distributions reinvested, JPST returned +3.4% and VNLA +3.6%.
Which is cheaper, JPST or VNLA?
JPST is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, JPST against VNLA, data as of Oct 20, 2026. https://etfiq.com/compare/any/jpst-vs-vnla

Open data

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