JAMRX vs. FSSNX
Compare and contrast key facts about Janus Henderson Research Fund Class I (JAMRX) and Fidelity Small Cap Index Fund (FSSNX).
JAMRX is an actively managed fund by Janus Henderson. It was launched on May 3, 1993. FSSNX is managed by Fidelity. It was launched on Sep 8, 2011.
Performance
JAMRX vs. FSSNX - Performance Comparison
Loading graphics...
JAMRX vs. FSSNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAMRX Janus Henderson Research Fund Class I | -14.01% | 18.32% | 41.65% | 43.02% | -30.03% | 20.08% | 32.67% | 35.28% | -2.84% | 25.89% |
FSSNX Fidelity Small Cap Index Fund | -2.46% | 12.94% | 11.71% | 17.11% | -20.28% | 14.70% | 19.99% | 25.70% | -11.24% | 14.54% |
Returns By Period
In the year-to-date period, JAMRX achieves a -14.01% return, which is significantly lower than FSSNX's -2.46% return. Over the past 10 years, JAMRX has outperformed FSSNX with an annualized return of 14.62%, while FSSNX has yielded a comparatively lower 9.53% annualized return.
JAMRX
- 1D
- -0.62%
- 1M
- -9.38%
- YTD
- -14.01%
- 6M
- -13.22%
- 1Y
- 12.47%
- 3Y*
- 21.81%
- 5Y*
- 11.48%
- 10Y*
- 14.62%
FSSNX
- 1D
- -1.44%
- 1M
- -8.16%
- YTD
- -2.46%
- 6M
- -0.28%
- 1Y
- 21.68%
- 3Y*
- 11.92%
- 5Y*
- 3.17%
- 10Y*
- 9.53%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JAMRX vs. FSSNX - Expense Ratio Comparison
JAMRX has a 0.64% expense ratio, which is higher than FSSNX's 0.03% expense ratio.
Return for Risk
JAMRX vs. FSSNX — Risk / Return Rank
JAMRX
FSSNX
JAMRX vs. FSSNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Research Fund Class I (JAMRX) and Fidelity Small Cap Index Fund (FSSNX). 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.
| JAMRX | FSSNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.56 | 0.92 | -0.36 |
Sortino ratioReturn per unit of downside risk | 0.97 | 1.41 | -0.44 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.18 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.55 | 1.34 | -0.79 |
Martin ratioReturn relative to average drawdown | 1.99 | 5.05 | -3.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| JAMRX | FSSNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.92 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.14 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.41 | +0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.48 | +0.09 |
Correlation
The correlation between JAMRX and FSSNX is 0.77, 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
JAMRX vs. FSSNX - Dividend Comparison
JAMRX's dividend yield for the trailing twelve months is around 13.93%, more than FSSNX's 1.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAMRX Janus Henderson Research Fund Class I | 13.93% | 11.98% | 10.22% | 2.88% | 0.28% | 13.02% | 2.91% | 10.27% | 10.92% | 8.17% | 5.60% | 9.61% |
FSSNX Fidelity Small Cap Index Fund | 1.11% | 1.08% | 1.04% | 1.43% | 1.26% | 3.92% | 0.94% | 2.96% | 4.94% | 3.37% | 2.27% | 2.66% |
Drawdowns
JAMRX vs. FSSNX - Drawdown Comparison
The maximum JAMRX drawdown since its inception was -71.20%, which is greater than FSSNX's maximum drawdown of -41.72%. Use the drawdown chart below to compare losses from any high point for JAMRX and FSSNX.
Loading graphics...
Drawdown Indicators
| JAMRX | FSSNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.20% | -41.72% | -29.48% |
Max Drawdown (1Y)Largest decline over 1 year | -17.09% | -13.89% | -3.20% |
Max Drawdown (5Y)Largest decline over 5 years | -36.53% | -31.87% | -4.66% |
Max Drawdown (10Y)Largest decline over 10 years | -36.53% | -41.72% | +5.19% |
Current DrawdownCurrent decline from peak | -17.09% | -11.00% | -6.09% |
Average DrawdownAverage peak-to-trough decline | -21.74% | -8.37% | -13.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.71% | 3.68% | +1.03% |
Volatility
JAMRX vs. FSSNX - Volatility Comparison
The current volatility for Janus Henderson Research Fund Class I (JAMRX) is 5.65%, while Fidelity Small Cap Index Fund (FSSNX) has a volatility of 6.60%. This indicates that JAMRX experiences smaller price fluctuations and is considered to be less risky than FSSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| JAMRX | FSSNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.65% | 6.60% | -0.95% |
Volatility (6M)Calculated over the trailing 6-month period | 12.05% | 14.12% | -2.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.24% | 23.11% | -0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.06% | 22.56% | -0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.28% | 23.38% | -2.10% |