HFQAX vs. TIBAX
Compare and contrast key facts about Janus Henderson Global Equity Income Fund (HFQAX) and Thornburg Investment Income Builder Fund (TIBAX).
HFQAX is managed by Janus Henderson. It was launched on Nov 29, 2006. TIBAX is managed by Thornburg. It was launched on Dec 23, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HFQAX or TIBAX.
Correlation
The correlation between HFQAX and TIBAX is 0.76, 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. TIBAX - Performance Comparison
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Key characteristics
HFQAX:
0.96
TIBAX:
1.47
HFQAX:
1.37
TIBAX:
2.08
HFQAX:
1.20
TIBAX:
1.32
HFQAX:
1.07
TIBAX:
1.92
HFQAX:
4.45
TIBAX:
7.31
HFQAX:
2.93%
TIBAX:
2.41%
HFQAX:
12.92%
TIBAX:
11.46%
HFQAX:
-48.93%
TIBAX:
-46.73%
HFQAX:
-0.90%
TIBAX:
-0.07%
Returns By Period
The year-to-date returns for both investments are quite close, with HFQAX having a 10.56% return and TIBAX slightly higher at 10.78%. Over the past 10 years, HFQAX has underperformed TIBAX with an annualized return of 5.01%, while TIBAX has yielded a comparatively higher 7.38% annualized return.
HFQAX
10.56%
9.50%
8.67%
11.44%
11.49%
5.01%
TIBAX
10.78%
8.66%
9.92%
16.15%
15.35%
7.38%
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HFQAX vs. TIBAX - Expense Ratio Comparison
HFQAX has a 1.24% expense ratio, which is higher than TIBAX's 1.14% expense ratio.
Risk-Adjusted Performance
HFQAX vs. TIBAX — Risk-Adjusted Performance Rank
HFQAX
TIBAX
HFQAX vs. TIBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Equity Income Fund (HFQAX) and Thornburg Investment Income Builder Fund (TIBAX). 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.
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Dividends
HFQAX vs. TIBAX - Dividend Comparison
HFQAX's dividend yield for the trailing twelve months is around 7.32%, more than TIBAX's 4.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HFQAX Janus Henderson Global Equity Income Fund | 7.32% | 7.98% | 7.90% | 8.03% | 6.93% | 7.27% | 6.81% | 7.67% | 6.04% | 6.77% | 6.62% | 6.20% |
TIBAX Thornburg Investment Income Builder Fund | 4.16% | 4.57% | 4.67% | 5.62% | 5.10% | 4.11% | 4.23% | 4.49% | 4.22% | 3.83% | 4.31% | 5.20% |
Drawdowns
HFQAX vs. TIBAX - Drawdown Comparison
The maximum HFQAX drawdown since its inception was -48.93%, roughly equal to the maximum TIBAX drawdown of -46.73%. Use the drawdown chart below to compare losses from any high point for HFQAX and TIBAX. For additional features, visit the drawdowns tool.
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Volatility
HFQAX vs. TIBAX - Volatility Comparison
Janus Henderson Global Equity Income Fund (HFQAX) and Thornburg Investment Income Builder Fund (TIBAX) have volatilities of 3.45% and 3.45%, 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.
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