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ISIN
US47103X6417
CUSIP
47103X641
Inception Date
Aug 30, 2001
Min. Investment
$2,500
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

HFEAX Performance Chart

Janus Henderson European Focus Fund (HFEAX) is up 6.6% since the beginning of the year. HFEAX is currently trading at $66 per share. Investors who bought $1,000 worth of HFEAX shares 5 years ago would now be looking at an investment worth $1,602.


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S&P 500 Index

Returns By Period

Janus Henderson European Focus Fund (HFEAX) has returned 6.58% so far this year and 21.97% over the past 12 months. Over the last ten years, HFEAX has returned 9.10% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.


Janus Henderson European Focus Fund

1D
0.91%
1M
2.81%
YTD
6.58%
6M
6.98%
1Y
21.97%
3Y*
17.15%
5Y*
9.88%
10Y*
9.10%

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HFEAX Monthly Returns History

Based on dividend-adjusted daily data since Sep 10, 2001, HFEAX's average daily return is +0.05%, while the average monthly return is +1.12%. At this rate, an investment would double in approximately 5.2 years.

Historically, 59% of months were positive and 41% were negative. The best month was May 2009 with a return of +20.7%, while the worst month was Oct 2008 at -25.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.

On a daily basis, HFEAX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +10.2%, while the worst single day was Mar 12, 2020 at -11.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.84%0.50%-9.52%8.67%3.33%1.50%6.58%
20256.72%2.81%0.61%6.39%5.69%2.56%-1.80%3.30%2.72%1.06%0.64%3.66%39.88%
2024-0.50%5.10%4.30%-3.27%5.91%-3.43%1.36%3.14%-0.58%-5.27%-1.23%-2.68%2.11%
20238.56%-1.68%2.10%2.04%-5.02%4.79%2.71%-3.72%-5.01%-2.64%11.50%4.78%18.26%
2022-7.14%-5.22%2.14%-5.80%1.24%-9.15%7.90%-7.78%-10.31%7.60%13.80%-1.43%-16.11%
2021-1.72%3.61%2.27%6.11%4.64%-2.50%4.14%0.86%-4.73%5.62%-4.56%4.49%18.83%

Benchmark Metrics

Janus Henderson European Focus Fund has an annualized alpha of 6.11%, beta of 0.78, and R2 of 0.52 versus S&P 500 Index. Calculated based on daily prices since September 10, 2001.

  • This fund captured 118.93% of S&P 500 Index gains and 101.07% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • This fund generated an annualized alpha of 6.11% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.

Alpha
6.11%
Beta
0.78
0.52
Upside Capture
118.93%
Downside Capture
101.07%

Expense Ratio

HFEAX has a high expense ratio of 1.30%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

HFEAX ranks 21 for risk / return — below 21% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


HFEAX Risk / Return Rank: 2121
Overall Rank
HFEAX Sharpe Ratio Rank: 2222
Sharpe Ratio Rank
HFEAX Sortino Ratio Rank: 2222
Sortino Ratio Rank
HFEAX Omega Ratio Rank: 2121
Omega Ratio Rank
HFEAX Calmar Ratio Rank: 1919
Calmar Ratio Rank
HFEAX Martin Ratio Rank: 2323
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Janus Henderson European Focus Fund (HFEAX) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


HFEAXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.78

Sortino ratioReturn per unit of downside risk

-0.93

Omega ratioGain probability vs. loss probability

1.22

1.37

-0.14

Calmar ratioReturn relative to maximum drawdown

1.48

2.78

-1.31

Martin ratioReturn relative to average drawdown

5.31

12.44

-7.13

Dividends

Dividend History

Janus Henderson European Focus Fund provided a 1.05% dividend yield over the last twelve months, with an annual payout of $0.69 per share.


0.00%1.00%2.00%3.00%4.00%$0.00$0.20$0.40$0.60$0.80$1.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.69$0.69$0.65$0.97$0.92$0.06$0.11$0.31$1.02$0.59$0.79$0.24

Dividend yield

1.05%1.12%1.45%2.18%2.40%0.13%0.28%0.98%4.26%1.70%2.59%0.72%

Monthly Dividends

The table displays the monthly dividend distributions for Janus Henderson European Focus Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.69$0.69
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.65$0.65
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.97$0.97
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.92$0.92
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.06$0.06

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Janus Henderson European Focus Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Janus Henderson European Focus Fund was 66.73%, occurring on Nov 20, 2008. Recovery took 490 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

Financial crisis2007–2009
-66.73%Nov 2008
1y 20d1y 11mo
3y 2dNov 2007 - Nov 2010
COVID crash2020
-36.90%Mar 2020
4y 10mo5mo 6d
5y 3moMay 2015 - Aug 2020
2011 bear market2011
-35.86%Oct 2011
5mo 4d1y 10mo
2y 3moMay 2011 - Aug 2013
Bear market2022
-33.16%Sep 2022
10mo 20d1y 4mo
2y 3moNov 2021 - Feb 2024
Dot-com crash2000–2002
-23.30%Oct 2002
4mo 22d6mo 23d
11mo 15dMay 2002 - Apr 2003

Drawdown Indicators


HFEAXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-66.73%

-56.78%

-9.95%

Max Drawdown (1Y)

Largest decline over 1 year

-14.43%

-9.10%

-5.33%

Max Drawdown (3Y)

Largest decline over 3 years

-14.43%

-18.90%

+4.47%

Max Drawdown (5Y)

Largest decline over 5 years

-33.16%

-25.43%

-7.73%

Max Drawdown (10Y)

Largest decline over 10 years

-36.73%

-33.92%

-2.81%

Current Drawdown

Current decline from peak

0.00%

-1.80%

+1.80%

Average Drawdown

Average peak-to-trough decline

-10.85%

-10.71%

-0.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.01%

2.03%

+1.98%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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