HFQTX vs. HDQVX

Last updated Apr 1, 2026

Compare and contrast key facts about Janus Henderson Global Equity Income Fund Class T (HFQTX) and Janus Henderson International Dividend Fund Class S (HDQVX).

HFQTX is a passively managed fund by Janus Henderson that tracks the performance of the MSCI World Index. It was launched on Nov 30, 2006. HDQVX is an actively managed fund by Janus Henderson. It was launched on Aug 1, 2012.

Performance

HFQTX vs. HDQVX - Performance Comparison

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

HFQTX vs. HDQVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HFQTX Janus Henderson Global Equity Income Fund Class T	3.72%	29.80%	7.08%	10.40%	-6.41%	12.85%	1.59%	21.13%	-15.74%	7.75%
HDQVX Janus Henderson International Dividend Fund Class S	-0.72%	29.00%	8.58%	18.06%	-8.69%	11.67%	5.11%	18.91%	-9.41%	6.69%

Returns By Period

In the year-to-date period, HFQTX achieves a 3.72% return, which is significantly higher than HDQVX's -0.72% return.

HFQTX

• 1D: 0.27%
• 1M: -9.06%
• YTD: 3.72%
• 6M: 9.87%
• 1Y: 24.70%
• 3Y*: 15.31%
• 5Y*: 9.94%
• 10Y*: —

HDQVX

• 1D: 0.33%
• 1M: -11.03%
• YTD: -0.72%
• 6M: 2.78%
• 1Y: 19.22%
• 3Y*: 14.76%
• 5Y*: 10.07%
• 10Y*: —

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

HFQTX vs. HDQVX - Expense Ratio Comparison

HFQTX has a 0.95% expense ratio, which is lower than HDQVX's 1.27% expense ratio.

HDQVX

Janus Henderson International Dividend Fund Class S

HFQTX

Janus Henderson Global Equity Income Fund Class T

Return for Risk

HFQTX vs. HDQVX — Risk / Return Rank

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

HFQTX

HFQTX Risk / Return Rank: 87
HFQTX Sharpe Ratio Rank: 90
HFQTX Sortino Ratio Rank: 87
HFQTX Omega Ratio Rank: 88
HFQTX Calmar Ratio Rank: 87
HFQTX Martin Ratio Rank: 85

HDQVX

HDQVX Risk / Return Rank: 63
HDQVX Sharpe Ratio Rank: 70
HDQVX Sortino Ratio Rank: 62
HDQVX Omega Ratio Rank: 63
HDQVX Calmar Ratio Rank: 64
HDQVX Martin Ratio Rank: 59

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.

HFQTX vs. HDQVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Equity Income Fund Class T (HFQTX) and Janus Henderson International Dividend Fund Class S (HDQVX). 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.

	HFQTX	HDQVX	Difference
Sharpe ratio Return per unit of total volatility	1.89	1.26	+0.63
Sortino ratio Return per unit of downside risk	2.36	1.62	+0.74
Omega ratio Gain probability vs. loss probability	1.38	1.24	+0.14
Calmar ratio Return relative to maximum drawdown	2.27	1.51	+0.75
Martin ratio Return relative to average drawdown	8.88	5.67	+3.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HFQTX vs. HDQVX - Sharpe Ratio Comparison

The current HFQTX Sharpe Ratio is 1.89, which is higher than the HDQVX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of HFQTX and HDQVX, 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

	HFQTX	HDQVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	1.26	+0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	0.76	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.61	-0.11

Correlation

The correlation between HFQTX and HDQVX is 0.93, 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

HFQTX vs. HDQVX - Dividend Comparison

HFQTX's dividend yield for the trailing twelve months is around 5.24%, less than HDQVX's 7.22% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HFQTX Janus Henderson Global Equity Income Fund Class T	5.24%	6.80%	8.18%	8.08%	8.26%	7.10%	7.47%	6.99%	7.85%	5.06%
HDQVX Janus Henderson International Dividend Fund Class S	7.22%	7.52%	6.41%	2.94%	4.25%	4.63%	3.29%	3.26%	4.24%	2.16%

Drawdowns

HFQTX vs. HDQVX - Drawdown Comparison

The maximum HFQTX drawdown since its inception was -34.53%, which is greater than HDQVX's maximum drawdown of -28.56%. Use the drawdown chart below to compare losses from any high point for HFQTX and HDQVX.

Drawdown Indicators

	HFQTX	HDQVX	Difference
Max Drawdown Largest peak-to-trough decline	-34.53%	-28.56%	-5.97%
Max Drawdown (1Y) Largest decline over 1 year	-10.02%	-11.33%	+1.31%
Max Drawdown (5Y) Largest decline over 5 years	-21.72%	-22.94%	+1.22%
Current Drawdown Current decline from peak	-9.06%	-11.03%	+1.97%
Average Drawdown Average peak-to-trough decline	-5.81%	-4.57%	-1.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.63%	3.02%	-0.39%

Volatility

HFQTX vs. HDQVX - Volatility Comparison

The current volatility for Janus Henderson Global Equity Income Fund Class T (HFQTX) is 5.33%, while Janus Henderson International Dividend Fund Class S (HDQVX) has a volatility of 6.43%. This indicates that HFQTX experiences smaller price fluctuations and is considered to be less risky than HDQVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HFQTX	HDQVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.33%	6.43%	-1.10%
Volatility (6M) Calculated over the trailing 6-month period	8.25%	9.77%	-1.52%
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	14.56%	-1.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.83%	13.39%	-0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.87%	13.77%	+1.10%