HFQAX vs. CAIBX
Compare and contrast key facts about Janus Henderson Global Equity Income Fund (HFQAX) and American Funds Capital Income Builder Class A (CAIBX).
HFQAX is managed by Janus Henderson. It was launched on Nov 29, 2006. CAIBX is managed by American Funds. It was launched on Jul 30, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFQAX or CAIBX.
Key characteristics
| HFQAX | CAIBX | |
|---|---|---|
| YTD Return | 8.71% | 12.79% |
| 1Y Return | 17.86% | 22.52% |
| 3Y Return (Ann) | 4.68% | 5.33% |
| 5Y Return (Ann) | 5.99% | 6.94% |
| 10Y Return (Ann) | 4.73% | 5.72% |
| Sharpe Ratio | 1.77 | 3.00 |
| Sortino Ratio | 2.44 | 4.24 |
| Omega Ratio | 1.31 | 1.58 |
| Calmar Ratio | 2.29 | 2.91 |
| Martin Ratio | 10.79 | 20.58 |
| Ulcer Index | 1.69% | 1.13% |
| Daily Std Dev | 10.33% | 7.75% |
| Max Drawdown | -48.93% | -42.73% |
| Current Drawdown | -3.46% | -1.04% |
Correlation
The correlation between HFQAX and CAIBX is 0.89, 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
HFQAX vs. CAIBX - Performance Comparison
In the year-to-date period, HFQAX achieves a 8.71% return, which is significantly lower than CAIBX's 12.79% return. Over the past 10 years, HFQAX has underperformed CAIBX with an annualized return of 4.73%, while CAIBX has yielded a comparatively higher 5.72% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HFQAX vs. CAIBX - Expense Ratio Comparison
HFQAX has a 1.24% expense ratio, which is higher than CAIBX's 0.59% expense ratio.
Risk-Adjusted Performance
HFQAX vs. CAIBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Equity Income Fund (HFQAX) and American Funds Capital Income Builder Class A (CAIBX). 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.
Dividends
HFQAX vs. CAIBX - Dividend Comparison
HFQAX's dividend yield for the trailing twelve months is around 7.71%, more than CAIBX's 3.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HFQAX Janus Henderson Global Equity Income Fund | 7.71% | 7.90% | 8.03% | 6.93% | 7.27% | 6.81% | 7.67% | 6.04% | 6.77% | 6.62% | 6.20% | 5.82% |
CAIBX American Funds Capital Income Builder Class A | 3.10% | 3.36% | 3.43% | 3.14% | 3.38% | 3.29% | 3.80% | 3.41% | 3.52% | 3.60% | 4.63% | 3.30% |
Drawdowns
HFQAX vs. CAIBX - Drawdown Comparison
The maximum HFQAX drawdown since its inception was -48.93%, which is greater than CAIBX's maximum drawdown of -42.73%. Use the drawdown chart below to compare losses from any high point for HFQAX and CAIBX. For additional features, visit the drawdowns tool.
Volatility
HFQAX vs. CAIBX - Volatility Comparison
Janus Henderson Global Equity Income Fund (HFQAX) has a higher volatility of 2.36% compared to American Funds Capital Income Builder Class A (CAIBX) at 1.79%. This indicates that HFQAX's price experiences larger fluctuations and is considered to be riskier than CAIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.