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.
JPST costs 0.05 points a year less; their one-year returns differ by 0.2 points.
| JPST | VNLA | |
|---|---|---|
| Expense ratio | 0.18% | 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 tracks | No index, actively managed | No index, actively managed |
| Holdings in common | report dates differ | |
Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.
JPST and VNLA are built for the same job. How do they differ in cost, holdings and results?
- 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.
- What each follows (similar). Both follow No index, actively managed.
- 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 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.
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ETFIQ, JPST against VNLA, data as of Oct 20, 2026. https://etfiq.com/compare/any/jpst-vs-vnla
ETFIQ. (Oct 20, 2026). JPST against VNLA. Retrieved from https://etfiq.com/compare/any/jpst-vs-vnla
[JPST against VNLA (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/jpst-vs-vnla)
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