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CBALX vs. JANBX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CBALXJANBX
YTD Return6.22%6.26%
1Y Return19.16%15.31%
3Y Return (Ann)4.70%4.32%
5Y Return (Ann)9.98%8.79%
10Y Return (Ann)8.52%8.38%
Sharpe Ratio2.341.92
Daily Std Dev8.47%8.21%
Max Drawdown-35.45%-22.49%
Current Drawdown-0.06%-1.26%

Correlation

-0.50.00.51.01.0

The correlation between CBALX and JANBX is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

CBALX vs. JANBX - Performance Comparison

The year-to-date returns for both investments are quite close, with CBALX having a 6.22% return and JANBX slightly higher at 6.26%. Both investments have delivered pretty close results over the past 10 years, with CBALX having a 8.52% annualized return and JANBX not far behind at 8.38%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


200.00%220.00%240.00%260.00%December2024FebruaryMarchAprilMay
268.85%
241.52%
CBALX
JANBX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Columbia Balanced Fund

Janus Henderson Balanced Fund

CBALX vs. JANBX - Expense Ratio Comparison

CBALX has a 0.67% expense ratio, which is lower than JANBX's 0.70% expense ratio.


JANBX
Janus Henderson Balanced Fund
Expense ratio chart for JANBX: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for CBALX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%

Risk-Adjusted Performance

CBALX vs. JANBX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Balanced Fund (CBALX) and Janus Henderson Balanced Fund (JANBX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


CBALX
Sharpe ratio
The chart of Sharpe ratio for CBALX, currently valued at 2.34, compared to the broader market-1.000.001.002.003.004.002.34
Sortino ratio
The chart of Sortino ratio for CBALX, currently valued at 3.43, compared to the broader market-2.000.002.004.006.008.0010.0012.003.43
Omega ratio
The chart of Omega ratio for CBALX, currently valued at 1.41, compared to the broader market0.501.001.502.002.503.003.501.41
Calmar ratio
The chart of Calmar ratio for CBALX, currently valued at 1.77, compared to the broader market0.002.004.006.008.0010.0012.001.77
Martin ratio
The chart of Martin ratio for CBALX, currently valued at 8.80, compared to the broader market0.0020.0040.0060.008.80
JANBX
Sharpe ratio
The chart of Sharpe ratio for JANBX, currently valued at 1.92, compared to the broader market-1.000.001.002.003.004.001.92
Sortino ratio
The chart of Sortino ratio for JANBX, currently valued at 2.89, compared to the broader market-2.000.002.004.006.008.0010.0012.002.89
Omega ratio
The chart of Omega ratio for JANBX, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.003.501.34
Calmar ratio
The chart of Calmar ratio for JANBX, currently valued at 1.06, compared to the broader market0.002.004.006.008.0010.0012.001.06
Martin ratio
The chart of Martin ratio for JANBX, currently valued at 6.51, compared to the broader market0.0020.0040.0060.006.51

CBALX vs. JANBX - Sharpe Ratio Comparison

The current CBALX Sharpe Ratio is 2.34, which roughly equals the JANBX Sharpe Ratio of 1.92. The chart below compares the 12-month rolling Sharpe Ratio of CBALX and JANBX.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
2.34
1.92
CBALX
JANBX

Dividends

CBALX vs. JANBX - Dividend Comparison

CBALX's dividend yield for the trailing twelve months is around 1.93%, which matches JANBX's 1.92% yield.


TTM20232022202120202019201820172016201520142013
CBALX
Columbia Balanced Fund
1.93%1.84%5.36%9.26%5.31%4.16%5.82%2.79%1.60%4.05%4.76%0.96%
JANBX
Janus Henderson Balanced Fund
1.92%2.25%1.95%4.50%2.49%2.85%7.06%5.27%3.36%6.26%6.19%4.54%

Drawdowns

CBALX vs. JANBX - Drawdown Comparison

The maximum CBALX drawdown since its inception was -35.45%, which is greater than JANBX's maximum drawdown of -22.49%. Use the drawdown chart below to compare losses from any high point for CBALX and JANBX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-0.06%
-1.26%
CBALX
JANBX

Volatility

CBALX vs. JANBX - Volatility Comparison

Columbia Balanced Fund (CBALX) and Janus Henderson Balanced Fund (JANBX) have volatilities of 2.80% and 2.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%2.50%3.00%3.50%December2024FebruaryMarchAprilMay
2.80%
2.83%
CBALX
JANBX