HDQVX vs. NXG

Last updated Apr 2, 2026

Compare and contrast key facts about Janus Henderson International Dividend Fund Class S (HDQVX) and NXG NextGen Infrastructure Income Fund (NXG).

HDQVX is an actively managed fund by Janus Henderson. It was launched on Aug 1, 2012. NXG is an actively managed fund by NXG. It was launched on Sep 28, 2012.

Performance

HDQVX vs. NXG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson International Dividend Fund Class S (HDQVX) and NXG NextGen Infrastructure Income Fund (NXG). The values are adjusted to include any dividend payments, if applicable.

HDQVX vs. NXG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
HDQVX Janus Henderson International Dividend Fund Class S	1.33%	29.00%	8.58%	18.06%	9.33%
NXG NXG NextGen Infrastructure Income Fund	11.11%	28.75%	51.16%	4.54%	-5.68%

Returns By Period

In the year-to-date period, HDQVX achieves a 1.33% return, which is significantly lower than NXG's 11.11% return.

HDQVX

• 1D: 2.06%
• 1M: -7.23%
• YTD: 1.33%
• 6M: 3.88%
• 1Y: 21.23%
• 3Y*: 15.54%
• 5Y*: 10.35%
• 10Y*: —

NXG

• 1D: -0.92%
• 1M: -0.04%
• YTD: 11.11%
• 6M: 18.12%
• 1Y: 35.48%
• 3Y*: 32.28%
• 5Y*: —
• 10Y*: —

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

HDQVX vs. NXG - Expense Ratio Comparison

HDQVX has a 1.27% expense ratio, which is higher than NXG's 1.00% expense ratio.

HDQVX

Janus Henderson International Dividend Fund Class S

NXG

NXG NextGen Infrastructure Income Fund

Return for Risk

HDQVX vs. NXG — Risk / Return Rank

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

HDQVX

HDQVX Risk / Return Rank: 66
HDQVX Sharpe Ratio Rank: 75
HDQVX Sortino Ratio Rank: 66
HDQVX Omega Ratio Rank: 67
HDQVX Calmar Ratio Rank: 66
HDQVX Martin Ratio Rank: 57

NXG

NXG Risk / Return Rank: 70
NXG Sharpe Ratio Rank: 75
NXG Sortino Ratio Rank: 69
NXG Omega Ratio Rank: 75
NXG Calmar Ratio Rank: 69
NXG Martin Ratio Rank: 60

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.

HDQVX vs. NXG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson International Dividend Fund Class S (HDQVX) and NXG NextGen Infrastructure Income Fund (NXG). 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.

	HDQVX	NXG	Difference
Sharpe ratio Return per unit of total volatility	1.49	1.39	+0.10
Sortino ratio Return per unit of downside risk	1.89	1.77	+0.12
Omega ratio Gain probability vs. loss probability	1.29	1.30	-0.01
Calmar ratio Return relative to maximum drawdown	1.82	1.66	+0.17
Martin ratio Return relative to average drawdown	6.78	5.98	+0.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HDQVX vs. NXG - Sharpe Ratio Comparison

The current HDQVX Sharpe Ratio is 1.49, which is comparable to the NXG Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of HDQVX and NXG, 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

	HDQVX	NXG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.49	1.39	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.93	-0.31

Correlation

The correlation between HDQVX and NXG is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HDQVX vs. NXG - Dividend Comparison

HDQVX's dividend yield for the trailing twelve months is around 7.07%, less than NXG's 11.82% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HDQVX Janus Henderson International Dividend Fund Class S	7.07%	7.52%	6.41%	2.94%	4.25%	4.63%	3.29%	3.26%	4.24%	2.16%
NXG NXG NextGen Infrastructure Income Fund	11.82%	12.67%	14.15%	12.00%	1.11%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

HDQVX vs. NXG - Drawdown Comparison

The maximum HDQVX drawdown since its inception was -28.56%, which is greater than NXG's maximum drawdown of -26.14%. Use the drawdown chart below to compare losses from any high point for HDQVX and NXG.

Drawdown Indicators

	HDQVX	NXG	Difference
Max Drawdown Largest peak-to-trough decline	-28.56%	-26.14%	-2.42%
Max Drawdown (1Y) Largest decline over 1 year	-11.33%	-20.94%	+9.61%
Max Drawdown (5Y) Largest decline over 5 years	-22.94%	—	—
Current Drawdown Current decline from peak	-9.20%	-3.72%	-5.48%
Average Drawdown Average peak-to-trough decline	-4.57%	-6.77%	+2.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.05%	5.81%	-2.76%

Volatility

HDQVX vs. NXG - Volatility Comparison

The current volatility for Janus Henderson International Dividend Fund Class S (HDQVX) is 6.70%, while NXG NextGen Infrastructure Income Fund (NXG) has a volatility of 7.41%. This indicates that HDQVX experiences smaller price fluctuations and is considered to be less risky than NXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HDQVX	NXG	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	7.41%	-0.71%
Volatility (6M) Calculated over the trailing 6-month period	9.96%	12.01%	-2.05%
Volatility (1Y) Calculated over the trailing 1-year period	14.66%	25.72%	-11.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.42%	26.90%	-13.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.78%	26.90%	-13.12%