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

Correlation

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.


-0.50.00.51.01.0

Performance

CBALX vs. JANBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Balanced Fund (CBALX) and Janus Henderson Balanced Fund (JANBX). The values are adjusted to include any dividend payments, if applicable.

150.00%200.00%250.00%300.00%JulyAugustSeptemberOctoberNovemberDecember
277.15%
149.77%
CBALX
JANBX

Key characteristics

Sharpe Ratio

CBALX:

0.95

JANBX:

1.20

Sortino Ratio

CBALX:

1.19

JANBX:

1.55

Omega Ratio

CBALX:

1.20

JANBX:

1.24

Calmar Ratio

CBALX:

1.14

JANBX:

1.36

Martin Ratio

CBALX:

5.33

JANBX:

6.76

Ulcer Index

CBALX:

1.84%

JANBX:

1.75%

Daily Std Dev

CBALX:

10.31%

JANBX:

9.90%

Max Drawdown

CBALX:

-35.45%

JANBX:

-23.57%

Current Drawdown

CBALX:

-7.98%

JANBX:

-6.88%

Returns By Period

In the year-to-date period, CBALX achieves a 8.61% return, which is significantly lower than JANBX's 10.73% return. Over the past 10 years, CBALX has outperformed JANBX with an annualized return of 7.88%, while JANBX has yielded a comparatively lower 5.96% annualized return.


CBALX

YTD

8.61%

1M

-5.35%

6M

-1.33%

1Y

9.08%

5Y*

8.40%

10Y*

7.88%

JANBX

YTD

10.73%

1M

-4.44%

6M

-0.14%

1Y

11.15%

5Y*

6.23%

10Y*

5.96%

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


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.


Sharpe ratio
The chart of Sharpe ratio for CBALX, currently valued at 0.95, compared to the broader market-1.000.001.002.003.004.000.951.20
The chart of Sortino ratio for CBALX, currently valued at 1.19, compared to the broader market-2.000.002.004.006.008.0010.001.191.55
The chart of Omega ratio for CBALX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.24
The chart of Calmar ratio for CBALX, currently valued at 1.14, compared to the broader market0.002.004.006.008.0010.0012.0014.001.141.36
The chart of Martin ratio for CBALX, currently valued at 5.33, compared to the broader market0.0020.0040.0060.005.336.76
CBALX
JANBX

The current CBALX Sharpe Ratio is 0.95, which is comparable to the JANBX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of CBALX and JANBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.95
1.20
CBALX
JANBX

Dividends

CBALX vs. JANBX - Dividend Comparison

CBALX's dividend yield for the trailing twelve months is around 1.54%, less than JANBX's 2.08% yield.


TTM20232022202120202019201820172016201520142013
CBALX
Columbia Balanced Fund
1.54%1.84%1.51%0.86%1.25%1.69%1.74%1.29%1.26%2.12%1.09%0.97%
JANBX
Janus Henderson Balanced Fund
2.08%2.25%1.10%0.84%1.36%1.80%1.91%1.91%2.17%1.68%1.91%1.69%

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 -23.57%. Use the drawdown chart below to compare losses from any high point for CBALX and JANBX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.98%
-6.88%
CBALX
JANBX

Volatility

CBALX vs. JANBX - Volatility Comparison

Columbia Balanced Fund (CBALX) has a higher volatility of 6.92% compared to Janus Henderson Balanced Fund (JANBX) at 5.58%. This indicates that CBALX's price experiences larger fluctuations and is considered to be riskier than JANBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
6.92%
5.58%
CBALX
JANBX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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