What is the expense ratio of JSI and how does it compare to its peers?

Expense‑ratio information for the Janus Henderson Securitized Income ETF (JSI)

The Business Wire release you quoted focuses on the rapid growth in assets under management (AUM) for both the Janus Henderson Securitized Income ETF (JSI) and the Janus Henderson Mortgage‑Backed Securities ETF (JMBS). It does not provide the fund’s expense ratio (the annual fee that shareholders pay for the ETF’s management and operational costs).

What this means for you

• To obtain the exact expense ratio, you will need to consult the official ETF documentation (e.g., the Janus Henderson Securitized Income ETF’s prospectus, its “Key Investor Information” (KII) sheet, or the ETF’s page on Janus Henderson’s website). Those sources list the “Management fee” and the “Total expense ratio (TER)” that investors actually pay.
• If you cannot locate the prospectus, a quick search on major financial data platforms (e.g., Bloomberg, Morningstar, Yahoo! Finance, or the NYSE website) using the ticker “JSI” will display the current expense ratio.

How the expense ratio would compare to peers

Even though the exact figure isn’t in the news release, we can outline the typical landscape for ETFs that target the U.S. securitized‑income space (e.g., mortgage‑backed securities, asset‑backed securities, and other fixed‑income “securitized” assets).

Interpretation framework

1. If JSI’s expense ratio falls in the 0.45 %–0.80 % band (typical for actively‑managed MBS/ABS funds), it would be in line with its direct active‑management peers such as JMBS and other mortgage‑backed securities ETFs that charge similar fees for the same level of research and portfolio turnover.

2. If JSI’s expense ratio is below 0.30 %, it would be relatively cheap for an actively‑managed securitized‑income ETF and could be a competitive advantage, especially given its rapid AUM growth. In that case, JSI would sit closer to “smart‑beta” or semi‑passive funds, offering lower cost while still delivering active security selection.

3. If JSI’s expense ratio is above 0.80 %, it would be higher than most active peers and could raise questions about cost‑efficiency unless the fund can demonstrate superior risk‑adjusted returns or unique exposure that justifies the premium.

How to position JSI relative to peers once the expense ratio is known

What to do next

1. Locate the exact expense ratio – check Janus Henderson’s ETF website or a financial data provider.
   
2. Benchmark JSI’s TER against a set of comparable ETFs – e.g., BlackRock’s “iShares Active MBS ETF (JMBI)”, PIMCO “Active MBS ETF (PMBS)”, and other actively‑managed securitized‑income funds.
   
3. Assess performance – compare total return, Sharpe ratio, and credit‑quality metrics over the same period (e.g., 1‑year, 3‑year) to see whether the cost is justified.
   
4. Consider the fund’s strategy – if JSI employs a unique “securitized‑income” approach that differentiates it from pure MBS or ABS funds, a slightly higher expense ratio may still be reasonable.

Bottom line

• The news article you provided does not disclose JSI’s expense ratio.
  
• To answer the question definitively, you’ll need to retrieve the fund’s TER from its prospectus or a reliable ETF data source.
  
• Once you have that number, you can compare it to the typical ranges outlined above to gauge whether JSI is priced competitively relative to its active‑management peers in the securitized‑income space.