- ISIN
- US47103E1973
- CUSIP
- 47103E197
- Issuer
- Janus Henderson
- Inception Date
- Dec 15, 2011
- Category
- Mid Cap Value Equities
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
JVSIX Performance Chart
Janus Henderson Small-Mid Cap Value Fund (JVSIX) is up 12.1% since the beginning of the year. JVSIX is currently trading at $17 per share. Investors who bought $1,000 worth of JVSIX shares 5 years ago would now be looking at an investment worth $1,488.
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Returns By Period
Janus Henderson Small-Mid Cap Value Fund (JVSIX) has returned 12.12% so far this year and 26.33% over the past 12 months. Over the last ten years, JVSIX has returned 9.26% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Janus Henderson Small-Mid Cap Value Fund
- 1D
- 1.31%
- 1M
- 0.71%
- YTD
- 12.12%
- 6M
- 10.02%
- 1Y
- 26.33%
- 3Y*
- 14.26%
- 5Y*
- 8.28%
- 10Y*
- 9.26%
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%
JVSIX Monthly Returns History
Based on dividend-adjusted daily data since Dec 15, 2011, JVSIX's average daily return is +0.04%, while the average monthly return is +0.88%. At this rate, an investment would double in approximately 6.6 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +12.8%, while the worst month was Mar 2020 at -18.8%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 4 months.
On a daily basis, JVSIX closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +9.1%, while the worst single day was Mar 16, 2020 at -11.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.46% | 4.08% | -7.73% | 7.41% | 1.50% | 0.59% | 12.12% | ||||||
| 2025 | 2.45% | -4.97% | -5.68% | -5.68% | 4.72% | 4.92% | 3.57% | 6.13% | -2.53% | -0.37% | 1.98% | 0.84% | 4.45% |
| 2024 | -0.27% | 5.19% | 6.04% | -4.78% | 6.69% | -2.47% | 9.95% | -1.57% | 1.37% | -2.93% | 8.53% | -8.72% | 16.28% |
| 2023 | 9.18% | -1.35% | -5.56% | -1.15% | -3.33% | 9.52% | 3.58% | -3.74% | -4.62% | -4.53% | 9.09% | 9.30% | 15.25% |
| 2022 | -5.14% | 1.41% | -0.37% | -5.66% | 3.12% | -9.83% | 9.64% | -3.44% | -8.71% | 11.88% | 6.90% | -6.22% | -8.87% |
| 2021 | -1.75% | 7.61% | 6.32% | 3.68% | 0.75% | -3.66% | -0.77% | -0.78% | -2.29% | 4.09% | -3.58% | 6.51% | 16.34% |
Benchmark Metrics
Janus Henderson Small-Mid Cap Value Fund has an annualized alpha of -1.69%, beta of 0.90, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since December 15, 2011.
- This fund participated in 103.30% of S&P 500 Index downside but only 87.95% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.90 and R2 of 0.73, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -1.69%
- Beta
- 0.90
- R²
- 0.73
- Upside Capture
- 87.95%
- Downside Capture
- 103.30%
Expense Ratio
JVSIX has an expense ratio of 0.81%, placing it in the medium range.
Return for Risk
Risk / Return Rank
JVSIX ranks 32 for risk / return — below 32% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Janus Henderson Small-Mid Cap Value Fund (JVSIX) 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.
| JVSIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 2.78 | -0.69 |
| Martin ratioReturn relative to average drawdown | 7.01 | 12.44 | -5.43 |
Dividends
Dividend History
Janus Henderson Small-Mid Cap Value Fund provided a 8.31% dividend yield over the last twelve months, with an annual payout of $1.41 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.41 | $1.41 | $1.25 | $0.13 | $0.07 | $0.42 | $0.09 | $1.41 | $1.64 | $0.78 | $0.71 | $0.80 |
Dividend yield | 8.31% | 9.31% | 7.89% | 0.91% | 0.56% | 2.96% | 0.75% | 10.80% | 14.38% | 5.56% | 5.44% | 6.93% |
Monthly Dividends
The table displays the monthly dividend distributions for Janus Henderson Small-Mid Cap Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $1.41 | $1.41 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.25 | $1.25 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
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 Small-Mid Cap Value 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 Small-Mid Cap Value Fund was 39.82%, occurring on Mar 23, 2020. Recovery took 201 trading sessions.
The current Janus Henderson Small-Mid Cap Value Fund drawdown is 0.99%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -39.82%Mar 2020 | 2mo 2d | 9mo 20d | 11mo 22dJan 2020 - Jan 2021 |
2025 selloff2025 | -28.11%Apr 2025 | 4mo 13d | 9mo 12d | 1y 1moNov 2024 - Jan 2026 |
Bear market2022 | -21.20%Sep 2022 | 1y 4mo | 1y 2mo | 2y 7moMay 2021 - Dec 2023 |
Rate-hike selloffLate 2018 | -17.50%Dec 2018 | 3mo 4d | 4mo 3d | 7mo 7dSep 2018 - Apr 2019 |
2016 correction2016 | -12.93%Feb 2016 | 8mo 25d | 2mo 8d | 11mo 3dMay 2015 - Apr 2016 |
Drawdown Indicators
| JVSIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.82% | -56.78% | +16.96% |
Max Drawdown (1Y)Largest decline over 1 year | -12.80% | -9.10% | -3.70% |
Max Drawdown (3Y)Largest decline over 3 years | -28.11% | -18.90% | -9.21% |
Max Drawdown (5Y)Largest decline over 5 years | -28.11% | -25.43% | -2.68% |
Max Drawdown (10Y)Largest decline over 10 years | -39.82% | -33.92% | -5.90% |
Current DrawdownCurrent decline from peak | -0.99% | -1.80% | +0.81% |
Average DrawdownAverage peak-to-trough decline | -5.13% | -10.71% | +5.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.81% | 2.03% | +1.78% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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