JAGIX vs. MEIFX
Compare and contrast key facts about Janus Henderson Growth and Income Fund Class T (JAGIX) and Meridian Enhanced Equity Fund (MEIFX).
JAGIX is a passively managed fund by Janus Henderson that tracks the performance of the S&P 500® Index. It was launched on May 15, 1991. MEIFX is managed by Meridian. It was launched on Jan 31, 2005.
Performance
JAGIX vs. MEIFX - Performance Comparison
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JAGIX vs. MEIFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAGIX Janus Henderson Growth and Income Fund Class T | -7.41% | 19.94% | 15.12% | 17.93% | -14.35% | 28.83% | 10.23% | 26.86% | -2.06% | 24.10% |
MEIFX Meridian Enhanced Equity Fund | -1.60% | 6.51% | 13.19% | 18.96% | -16.43% | 15.15% | 26.18% | 44.95% | -0.51% | 27.94% |
Returns By Period
In the year-to-date period, JAGIX achieves a -7.41% return, which is significantly lower than MEIFX's -1.60% return. Over the past 10 years, JAGIX has underperformed MEIFX with an annualized return of 12.06%, while MEIFX has yielded a comparatively higher 13.78% annualized return.
JAGIX
- 1D
- -0.51%
- 1M
- -8.95%
- YTD
- -7.41%
- 6M
- -5.05%
- 1Y
- 16.17%
- 3Y*
- 12.94%
- 5Y*
- 9.33%
- 10Y*
- 12.06%
MEIFX
- 1D
- 0.08%
- 1M
- -3.16%
- YTD
- -1.60%
- 6M
- -1.55%
- 1Y
- 4.96%
- 3Y*
- 9.70%
- 5Y*
- 5.75%
- 10Y*
- 13.78%
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JAGIX vs. MEIFX - Expense Ratio Comparison
JAGIX has a 0.87% expense ratio, which is lower than MEIFX's 1.20% expense ratio.
Return for Risk
JAGIX vs. MEIFX — Risk / Return Rank
JAGIX
MEIFX
JAGIX vs. MEIFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Growth and Income Fund Class T (JAGIX) and Meridian Enhanced Equity Fund (MEIFX). 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.
| JAGIX | MEIFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 0.30 | +0.62 |
Sortino ratioReturn per unit of downside risk | 1.42 | 0.55 | +0.86 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.07 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.23 | 0.49 | +0.73 |
Martin ratioReturn relative to average drawdown | 5.41 | 2.30 | +3.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JAGIX | MEIFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.30 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.37 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.77 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.51 | +0.07 |
Correlation
The correlation between JAGIX and MEIFX is 0.80, 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
JAGIX vs. MEIFX - Dividend Comparison
JAGIX's dividend yield for the trailing twelve months is around 15.92%, more than MEIFX's 7.36% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAGIX Janus Henderson Growth and Income Fund Class T | 15.92% | 14.89% | 15.23% | 7.79% | 6.59% | 5.49% | 4.14% | 3.68% | 7.89% | 2.87% | 8.82% | 10.49% |
MEIFX Meridian Enhanced Equity Fund | 7.36% | 7.25% | 14.61% | 0.61% | 9.28% | 25.44% | 13.26% | 40.49% | 11.67% | 1.18% | 0.78% | 4.24% |
Drawdowns
JAGIX vs. MEIFX - Drawdown Comparison
The maximum JAGIX drawdown since its inception was -55.64%, roughly equal to the maximum MEIFX drawdown of -54.37%. Use the drawdown chart below to compare losses from any high point for JAGIX and MEIFX.
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Drawdown Indicators
| JAGIX | MEIFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.64% | -54.37% | -1.27% |
Max Drawdown (1Y)Largest decline over 1 year | -11.79% | -8.99% | -2.80% |
Max Drawdown (5Y)Largest decline over 5 years | -26.76% | -23.54% | -3.22% |
Max Drawdown (10Y)Largest decline over 10 years | -35.48% | -28.67% | -6.81% |
Current DrawdownCurrent decline from peak | -10.14% | -7.42% | -2.72% |
Average DrawdownAverage peak-to-trough decline | -11.81% | -7.76% | -4.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.68% | 2.05% | +0.63% |
Volatility
JAGIX vs. MEIFX - Volatility Comparison
Janus Henderson Growth and Income Fund Class T (JAGIX) has a higher volatility of 4.37% compared to Meridian Enhanced Equity Fund (MEIFX) at 3.54%. This indicates that JAGIX's price experiences larger fluctuations and is considered to be riskier than MEIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JAGIX | MEIFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.37% | 3.54% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 9.58% | 7.12% | +2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.73% | 14.91% | +3.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.08% | 15.93% | +2.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.60% | 17.95% | +0.65% |