Janus Henderson Short Duration Income ETF (VNLA) Performance
VNLA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.7% since Dec 31, 2025
- 1 year
- +3.7% total return
- 5 years
- +4.1% a year
- Since first price
- +3.1% a year since 2016
VNLA trailing returns vs AGG, TLT, SPY
| Period | VNLA total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.4% | 0.0% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.8% | −0.4% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.7% | −0.7% | −1.5% | −3.8% | +7.8% |
| YTD | +2.7% | −0.8% | −1.0% | −3.4% | +12.3% |
| 1 year | +3.7% | −1.1% | −1.1% | −6.9% | +14.4% |
| 3 years | +17.5%+5.5%/yr | +1.7% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +22.0%+4.1%/yr | −2.5% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionNov 17, 2016 | +35.7%+3.1%/yr | −2.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: VNLA vs AGG
From Nov 17, 2016: VNLA grew to $13,574, AGG to $11,708.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
VNLA returns by calendar year
7 of 9 full years positive. Best 2024 (+6.4%), worst 2021 (−0.2%). 2026 is year to date.
VNLA annual returns table
| Year | VNLA | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +2.7% | −0.4% | −1.0% | −3.4% | +12.3% |
| 2025 | +5.5% | −0.5% | +7.2% | +4.3% | +17.7% |
| 2024 | +6.4% | −0.3% | +1.3% | −8.1% | +24.9% |
| 2023 | +6.1% | −0.7% | +5.7% | +2.8% | +26.2% |
| 2022 | −0.2% | −1.5% | −13.0% | −31.2% | −18.2% |
| 2021 | −0.2% | −0.6% | −1.8% | −4.6% | +28.7% |
| 2020 | +3.0% | −4.5% | +7.5% | +18.2% | +18.3% |
| 2019 | +4.4% | −0.4% | +8.5% | +14.1% | +31.2% |
| 2018 | +1.3% | −0.4% | +0.1% | −1.6% | −4.6% |
| 2017 | +2.1% | −0.3% | +3.6% | +9.2% | +21.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
VNLA risk statistics
| Statistic | 3 years | 5 years | Since 2016 |
|---|---|---|---|
| Annualized return | +5.5% | +3.9% | +3.1% |
| Volatility (annualized) | 0.8% | 1.2% | 1.2% |
| Sharpe ratio | 1.35 | 0.31 | 0.69 |
| Sortino ratio | 2.19 | 0.44 | 0.97 |
| Best month | +1.0% | +1.0% | +1.1% |
| Worst month | −0.2% | −0.6% | −1.7% |
| Best 12 months | +7.2% | +7.2% | +7.2% |
| Worst 12 months | +3.7% | −1.6% | −1.6% |
| Positive months | 94% | 82% | 84% |
| Beta vs S&P 500 | 0.03 | 0.04 | — |
| Correlation with S&P 500 | 0.48 | 0.47 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
VNLA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 108 | −1.6% | +3.3% | +7.2% | 87% |
| 3-year (a year) | 84 | +0.6% | +2.7% | +6.1% | 100% |
| 5-year (a year) | 60 | +1.5% | +2.5% | +4.1% | 100% |
Every holding period starting at a month-end since 2016. Returns for 3 years and longer are annualized.
VNLA performance overview
Janus Henderson Short Duration Income ETF (VNLA) returned +3.7% over the past year and +4.1% a year over five years, with distributions reinvested. Since its first recorded price in 2016 it has returned +3.1% a year, turning $10,000 into about $13,574. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: VNLA chart, VNLA dividends, VNLA bond profile. See the VNLA overview for the latest quote and fund facts.
VNLA performance FAQ
What is the VNLA return over the past year?
VNLA returned +3.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.1%.
What is the average annual return of VNLA?
VNLA has returned +4.1% a year over 5 years, +3.1% a year since November 17, 2016 (total return, distributions reinvested).
How much would $10,000 invested in VNLA be worth?
$10,000 invested in VNLA at its first recorded close on November 17, 2016 would be worth about $13,574 on October 23, 2026 with distributions reinvested.
What was the worst year for VNLA?
The worst calendar year was 2021, with a total return of −0.2%. The best was 2024 at +6.4%.
How volatile is VNLA?
Over the past 3 years VNLA had an annualized volatility of 0.8% and a Sharpe ratio of 1.35 (excess return over 1–3 month T-bills per unit of risk).