HFQAX vs. GCOW
Compare and contrast key facts about Janus Henderson Global Equity Income Fund (HFQAX) and Pacer Global Cash Cows Dividend ETF (GCOW).
HFQAX is managed by Janus Henderson. It was launched on Nov 29, 2006. GCOW is a passively managed fund by Pacer Advisors that tracks the performance of the Pacer Global Cash Cows Dividends Index. It was launched on Feb 23, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFQAX or GCOW.
Key characteristics
| HFQAX | GCOW | |
|---|---|---|
| YTD Return | 8.71% | 6.27% |
| 1Y Return | 17.86% | 15.32% |
| 3Y Return (Ann) | 4.68% | 9.92% |
| 5Y Return (Ann) | 5.99% | 7.62% |
| Sharpe Ratio | 1.77 | 1.51 |
| Sortino Ratio | 2.44 | 2.13 |
| Omega Ratio | 1.31 | 1.26 |
| Calmar Ratio | 2.29 | 2.59 |
| Martin Ratio | 10.79 | 8.04 |
| Ulcer Index | 1.69% | 2.00% |
| Daily Std Dev | 10.33% | 10.68% |
| Max Drawdown | -48.93% | -37.64% |
| Current Drawdown | -3.46% | -4.53% |
Correlation
The correlation between HFQAX and GCOW is 0.85, 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. GCOW - Performance Comparison
In the year-to-date period, HFQAX achieves a 8.71% return, which is significantly higher than GCOW's 6.27% 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. GCOW - Expense Ratio Comparison
HFQAX has a 1.24% expense ratio, which is higher than GCOW's 0.60% expense ratio.
Risk-Adjusted Performance
HFQAX vs. GCOW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Equity Income Fund (HFQAX) and Pacer Global Cash Cows Dividend ETF (GCOW). 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. GCOW - Dividend Comparison
HFQAX's dividend yield for the trailing twelve months is around 7.71%, more than GCOW's 4.75% 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% |
GCOW Pacer Global Cash Cows Dividend ETF | 4.75% | 5.28% | 4.39% | 4.23% | 4.12% | 4.40% | 3.94% | 2.79% | 1.95% | 0.00% | 0.00% | 0.00% |
Drawdowns
HFQAX vs. GCOW - Drawdown Comparison
The maximum HFQAX drawdown since its inception was -48.93%, which is greater than GCOW's maximum drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for HFQAX and GCOW. For additional features, visit the drawdowns tool.
Volatility
HFQAX vs. GCOW - Volatility Comparison
The current volatility for Janus Henderson Global Equity Income Fund (HFQAX) is 2.36%, while Pacer Global Cash Cows Dividend ETF (GCOW) has a volatility of 2.75%. This indicates that HFQAX experiences smaller price fluctuations and is considered to be less risky than GCOW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.