HDIVX vs. JQUA

Last updated Apr 2, 2026

Compare and contrast key facts about Janus Henderson Dividend & Income Builder Fund (HDIVX) and JPMorgan U.S. Quality Factor ETF (JQUA).

HDIVX is managed by Janus Henderson. It was launched on Jul 31, 2012. JQUA is a passively managed fund by JPMorgan that tracks the performance of the JP Morgan US Quality Factor Index. It was launched on Nov 8, 2017.

Performance

HDIVX vs. JQUA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Dividend & Income Builder Fund (HDIVX) and JPMorgan U.S. Quality Factor ETF (JQUA). The values are adjusted to include any dividend payments, if applicable.

HDIVX vs. JQUA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HDIVX Janus Henderson Dividend & Income Builder Fund	1.31%	29.24%	8.84%	18.06%	-8.70%	11.73%	5.20%	18.85%	-9.07%	2.28%
JQUA JPMorgan U.S. Quality Factor ETF	-2.29%	11.69%	21.21%	25.13%	-13.45%	28.68%	16.56%	28.47%	-2.98%	5.07%

Returns By Period

In the year-to-date period, HDIVX achieves a 1.31% return, which is significantly higher than JQUA's -2.29% return.

HDIVX

• 1D: 2.04%
• 1M: -7.22%
• YTD: 1.31%
• 6M: 3.97%
• 1Y: 21.40%
• 3Y*: 15.70%
• 5Y*: 10.44%
• 10Y*: 9.06%

JQUA

• 1D: 0.39%
• 1M: -4.17%
• YTD: -2.29%
• 6M: -1.53%
• 1Y: 10.04%
• 3Y*: 15.78%
• 5Y*: 11.56%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HDIVX vs. JQUA - Expense Ratio Comparison

HDIVX has a 0.95% expense ratio, which is higher than JQUA's 0.12% expense ratio.

HDIVX

Janus Henderson Dividend & Income Builder Fund

JQUA

JPMorgan U.S. Quality Factor ETF

Return for Risk

HDIVX vs. JQUA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HDIVX

HDIVX Risk / Return Rank: 74
HDIVX Sharpe Ratio Rank: 79
HDIVX Sortino Ratio Rank: 73
HDIVX Omega Ratio Rank: 73
HDIVX Calmar Ratio Rank: 74
HDIVX Martin Ratio Rank: 69

JQUA

JQUA Risk / Return Rank: 35
JQUA Sharpe Ratio Rank: 30
JQUA Sortino Ratio Rank: 32
JQUA Omega Ratio Rank: 32
JQUA Calmar Ratio Rank: 34
JQUA Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HDIVX vs. JQUA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Dividend & Income Builder Fund (HDIVX) and JPMorgan U.S. Quality Factor ETF (JQUA). 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.

	HDIVX	JQUA	Difference
Sharpe ratio Return per unit of total volatility	1.50	0.60	+0.90
Sortino ratio Return per unit of downside risk	1.90	0.98	+0.92
Omega ratio Gain probability vs. loss probability	1.29	1.14	+0.15
Calmar ratio Return relative to maximum drawdown	1.85	0.90	+0.95
Martin ratio Return relative to average drawdown	6.88	4.40	+2.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HDIVX vs. JQUA - Sharpe Ratio Comparison

The current HDIVX Sharpe Ratio is 1.50, which is higher than the JQUA Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of HDIVX and JQUA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HDIVX	JQUA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	0.60	+0.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.74	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	0.73	-0.02

Correlation

The correlation between HDIVX and JQUA is 0.74, 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

HDIVX vs. JQUA - Dividend Comparison

HDIVX's dividend yield for the trailing twelve months is around 7.14%, more than JQUA's 1.25% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDIVX Janus Henderson Dividend & Income Builder Fund	7.14%	7.60%	6.54%	3.11%	4.14%	4.59%	3.26%	3.20%	4.19%	2.76%	3.12%	3.02%
JQUA JPMorgan U.S. Quality Factor ETF	1.25%	1.19%	1.24%	1.21%	1.60%	1.32%	1.44%	1.67%	2.10%	0.40%	0.00%	0.00%

Drawdowns

HDIVX vs. JQUA - Drawdown Comparison

The maximum HDIVX drawdown since its inception was -28.56%, smaller than the maximum JQUA drawdown of -32.92%. Use the drawdown chart below to compare losses from any high point for HDIVX and JQUA.

Drawdown Indicators

	HDIVX	JQUA	Difference
Max Drawdown Largest peak-to-trough decline	-28.56%	-32.92%	+4.36%
Max Drawdown (1Y) Largest decline over 1 year	-11.29%	-11.55%	+0.26%
Max Drawdown (5Y) Largest decline over 5 years	-23.00%	-22.47%	-0.53%
Max Drawdown (10Y) Largest decline over 10 years	-28.56%	—	—
Current Drawdown Current decline from peak	-9.18%	-4.57%	-4.61%
Average Drawdown Average peak-to-trough decline	-3.80%	-4.23%	+0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.36%	+0.68%

Volatility

HDIVX vs. JQUA - Volatility Comparison

Janus Henderson Dividend & Income Builder Fund (HDIVX) has a higher volatility of 6.72% compared to JPMorgan U.S. Quality Factor ETF (JQUA) at 4.42%. This indicates that HDIVX's price experiences larger fluctuations and is considered to be riskier than JQUA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HDIVX	JQUA	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.72%	4.42%	+2.30%
Volatility (6M) Calculated over the trailing 6-month period	9.97%	8.57%	+1.40%
Volatility (1Y) Calculated over the trailing 1-year period	14.66%	16.71%	-2.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.43%	15.61%	-2.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.39%	18.10%	-4.71%