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Janus Detroit Street Trust - Janus Henderson Equity Linked Moderate Income ETF logo

Janus Detroit Street Trust - Janus Henderson Equity Linked Moderate Income ETF (JELM)

ETF overview

JELM is an actively managed fund designed for income-focused investors seeking an alternative to traditional bonds or equities. The ETF is a portfolio of equity-linked derivatives, with at least half allocated to autocallable instruments that pay periodic coupons as long as the underlying reference assets remain above specified barrier levels and may be automatically redeemed if certain conditions are met. Up to half of the portfolio is invested in Stability Equity Linked Instruments, which generate income based on day-to-day stability of a reference assets price, with potential losses if the asset drops below predefined thresholds. JELM utilizes a quantitative framework to allocate across multiple positions, structures, counterparties, and maturities, and employs a laddering approach to manage timing and risk. The portfolio is managed using a bottom-up, research-driven process, with active and frequent trading.

WebsiteN/A
CountryUnited States of America
ExchangeCBOE
Trades inUSD
Current price
25.60 USD-0.16%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.59%
Fund assets
66.07M USD (all share classes)
Issuer
Janus Henderson
Inception date
Apr 21, 2026
Number of holdings
34

Holdings (34)

NameTickerWeight
SEGREGATED CASH1.13%
OTC JPM INTC ATC 37.50% 7/14/2027 50.00%, 0.00%, 07/14/270.21%
OTC JPM NOW ATC 22.14% 11/8/2028 50.00%0.16%
OTC JPM WMT ATC 9.10% 6/14/2028 60.00%0.12%
OTC JPM MU ATC 25.96% 8/11/2027 50.00%, 0.00%, 08/11/270.11%
OTC MS MU ATC 25.96% 8/11/2027 50.00%, 0.00%, 08/11/270.11%
OTC MS MO ATC 12.67% 3/14/2029 71.42%, 0.00%, 03/14/290.10%
OTC JPM ABBV ATC 7.68% 6/9/2027 56.00%0.09%
OTC JPM COP ATC 7.74% 11/10/2027 50.00%0.09%
OTC JPM CL ATC 8.12% 7/12/2028 50.00%, 0.00%, 07/12/280.08%
and 21 more

Historical returns do not guarantee future returns. This is not investment advice.

Janus Detroit Street Trust - Janus Henderson Equity Linked Moderate Income ETF (JELM)

JELM · CBOE
25.60 USD-0.16%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.59%
Fund assets
66.07M USD (all share classes)
Issuer
Janus Henderson
Inception date
Apr 21, 2026
Number of holdings
34
Holdings (34)
NameTickerWeight
SEGREGATED CASH1.13%
OTC JPM INTC ATC 37.50% 7/14/2027 50.00%, 0.00%, 07/14/270.21%
OTC JPM NOW ATC 22.14% 11/8/2028 50.00%0.16%
OTC JPM WMT ATC 9.10% 6/14/2028 60.00%0.12%
OTC JPM MU ATC 25.96% 8/11/2027 50.00%, 0.00%, 08/11/270.11%
OTC MS MU ATC 25.96% 8/11/2027 50.00%, 0.00%, 08/11/270.11%
OTC MS MO ATC 12.67% 3/14/2029 71.42%, 0.00%, 03/14/290.10%
OTC JPM ABBV ATC 7.68% 6/9/2027 56.00%0.09%
OTC JPM COP ATC 7.74% 11/10/2027 50.00%0.09%
OTC JPM CL ATC 8.12% 7/12/2028 50.00%, 0.00%, 07/12/280.08%
and 21 more
ETF overview

JELM is an actively managed fund designed for income-focused investors seeking an alternative to traditional bonds or equities. The ETF is a portfolio of equity-linked derivatives, with at least half allocated to autocallable instruments that pay periodic coupons as long as the underlying reference assets remain above specified barrier levels and may be automatically redeemed if certain conditions are met. Up to half of the portfolio is invested in Stability Equity Linked Instruments, which generate income based on day-to-day stability of a reference assets price, with potential losses if the asset drops below predefined thresholds. JELM utilizes a quantitative framework to allocate across multiple positions, structures, counterparties, and maturities, and employs a laddering approach to manage timing and risk. The portfolio is managed using a bottom-up, research-driven process, with active and frequent trading.

CountryUnited States of America
Trades inUSD

Historical returns do not guarantee future returns. This is not investment advice.

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