PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Janus Henderson Triton Fund (JANIX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 15, 2026

The investment seeks long-term growth of capital. The fund pursues its investment objective by investing at least 50% of its equity assets in small- and medium-sized companies. It may also invest in larger companies with strong growth potential. Small- and medium-sized companies are defined by the portfolio managers as those companies whose market capitalization falls within the range of companies in the Russell 2500 Growth Index at the time of initial purchase. The fund may also invest in foreign securities, which may include investments in emerging markets.

Looking to diversify beyond JANIX? The mutual funds below have the lowest correlation with JANIX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from JANIX.

Best Diversifiers for JANIX

1 mutual funds have low correlation with JANIX (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson Short Duration Flexible Bond Fund (JNSTX) (Short-Term Bond) with a 1Y correlation of 0.14, roughly unchanged from 0.11 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
JNSTX
Janus Henderson Short Duration Flexible Bond Fund0.140.110.11
77
Short-Term BondJANIX vs JNSTX
JUCIX
Janus Henderson Absolute Return Income Opportuniti...0.330.250.26
93
Nontraditional BondsJANIX vs JUCIX
QISGX
Federated Hermes MDT Small Cap Growth Fund0.350.600.77
71
Small Cap Growth EquitiesJANIX vs QISGX
JMUIX
Janus Henderson Multi-Sector Income Fund0.440.320.27
72
Multisector BondsJANIX vs JMUIX
HFAAX
Janus Henderson Developed World Bond Fund0.470.250.20
51
Global BondsJANIX vs HFAAX
See all 84 diversifiers for JANIX

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from JANIX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JANIX and solid risk/return profiles. The least correlated is Apple Inc (AAPL) (Technology) with a 1Y correlation of 0.30, down from 0.51 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
AAPL
Apple Inc0.300.360.51
91
Technology
AMZN
Amazon.com, Inc0.380.440.56
54
Consumer Cyclical
GOOGL
Alphabet Inc. Class A0.380.380.51
96
Communication Services

Rows per page

1–3 of 3

Diversification Analysis

Build a portfolio that complements JANIX

Add JANIX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with JANIX