GBLAX vs. JNSMX
Compare and contrast key facts about American Funds Global Balanced Fund Class A (GBLAX) and Janus Henderson Global Allocation Fund - Moderate (JNSMX).
GBLAX is an actively managed fund by American Funds. It was launched on Feb 1, 2011. JNSMX is managed by Janus Henderson. It was launched on Dec 29, 2005.
Performance
GBLAX vs. JNSMX - Performance Comparison
Loading graphics...
GBLAX vs. JNSMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GBLAX American Funds Global Balanced Fund Class A | -0.20% | 17.12% | 6.56% | 13.68% | -14.25% | 9.18% | 10.47% | 17.26% | -6.13% | 13.99% |
JNSMX Janus Henderson Global Allocation Fund - Moderate | -1.94% | 15.72% | 8.87% | 11.71% | -17.38% | 7.25% | 14.46% | 15.62% | -6.57% | 16.27% |
Returns By Period
In the year-to-date period, GBLAX achieves a -0.20% return, which is significantly higher than JNSMX's -1.94% return. Over the past 10 years, GBLAX has outperformed JNSMX with an annualized return of 6.62%, while JNSMX has yielded a comparatively lower 6.03% annualized return.
GBLAX
- 1D
- 1.83%
- 1M
- -4.53%
- YTD
- -0.20%
- 6M
- 2.19%
- 1Y
- 14.55%
- 3Y*
- 10.81%
- 5Y*
- 5.27%
- 10Y*
- 6.62%
JNSMX
- 1D
- 1.94%
- 1M
- -4.16%
- YTD
- -1.94%
- 6M
- -0.20%
- 1Y
- 13.01%
- 3Y*
- 9.52%
- 5Y*
- 3.50%
- 10Y*
- 6.03%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GBLAX vs. JNSMX - Expense Ratio Comparison
GBLAX has a 0.80% expense ratio, which is higher than JNSMX's 0.25% expense ratio.
Return for Risk
GBLAX vs. JNSMX — Risk / Return Rank
GBLAX
JNSMX
GBLAX vs. JNSMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Global Balanced Fund Class A (GBLAX) and Janus Henderson Global Allocation Fund - Moderate (JNSMX). 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.
| GBLAX | JNSMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.55 | 1.25 | +0.30 |
Sortino ratioReturn per unit of downside risk | 2.21 | 1.79 | +0.42 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.26 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.22 | 1.69 | +0.53 |
Martin ratioReturn relative to average drawdown | 9.00 | 7.32 | +1.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GBLAX | JNSMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 1.25 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.34 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.60 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.47 | +0.15 |
Correlation
The correlation between GBLAX and JNSMX is 0.94, 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.
Dividends
GBLAX vs. JNSMX - Dividend Comparison
GBLAX's dividend yield for the trailing twelve months is around 6.38%, more than JNSMX's 6.02% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GBLAX American Funds Global Balanced Fund Class A | 6.38% | 6.34% | 5.53% | 1.61% | 1.52% | 6.02% | 1.24% | 1.87% | 2.30% | 3.15% | 2.00% | 3.28% |
JNSMX Janus Henderson Global Allocation Fund - Moderate | 6.02% | 5.90% | 4.28% | 1.53% | 2.96% | 13.36% | 4.49% | 5.72% | 4.86% | 7.24% | 1.87% | 9.16% |
Drawdowns
GBLAX vs. JNSMX - Drawdown Comparison
The maximum GBLAX drawdown since its inception was -23.36%, smaller than the maximum JNSMX drawdown of -39.85%. Use the drawdown chart below to compare losses from any high point for GBLAX and JNSMX.
Loading graphics...
Drawdown Indicators
| GBLAX | JNSMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.36% | -39.85% | +16.49% |
Max Drawdown (1Y)Largest decline over 1 year | -6.75% | -7.85% | +1.10% |
Max Drawdown (5Y)Largest decline over 5 years | -22.55% | -25.15% | +2.60% |
Max Drawdown (10Y)Largest decline over 10 years | -23.36% | -25.15% | +1.79% |
Current DrawdownCurrent decline from peak | -5.03% | -5.19% | +0.16% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -5.98% | +2.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.82% | -0.16% |
Volatility
GBLAX vs. JNSMX - Volatility Comparison
American Funds Global Balanced Fund Class A (GBLAX) and Janus Henderson Global Allocation Fund - Moderate (JNSMX) have volatilities of 4.16% and 4.33%, 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.
Loading graphics...
Volatility by Period
| GBLAX | JNSMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.16% | 4.33% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 6.34% | 6.59% | -0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.60% | 10.64% | -1.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.86% | 10.37% | -0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.42% | 10.11% | +0.31% |