JANBX vs. CBALX
Compare and contrast key facts about Janus Henderson Balanced Fund (JANBX) and Columbia Balanced Fund (CBALX).
JANBX is managed by Janus Henderson. It was launched on Aug 31, 1992. CBALX is managed by Columbia Threadneedle. It was launched on Sep 30, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JANBX or CBALX.
Key characteristics
| JANBX | CBALX | |
|---|---|---|
| YTD Return | 16.90% | 15.54% |
| 1Y Return | 23.00% | 22.49% |
| 3Y Return (Ann) | 4.42% | 5.57% |
| 5Y Return (Ann) | 9.11% | 10.28% |
| 10Y Return (Ann) | 8.87% | 8.70% |
| Sharpe Ratio | 2.92 | 3.00 |
| Sortino Ratio | 4.16 | 4.28 |
| Omega Ratio | 1.55 | 1.57 |
| Calmar Ratio | 2.70 | 4.90 |
| Martin Ratio | 18.89 | 20.42 |
| Ulcer Index | 1.31% | 1.20% |
| Daily Std Dev | 8.47% | 8.17% |
| Max Drawdown | -22.49% | -35.45% |
| Current Drawdown | -0.37% | -0.25% |
Correlation
The correlation between JANBX and CBALX is 0.96, 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
JANBX vs. CBALX - Performance Comparison
In the year-to-date period, JANBX achieves a 16.90% return, which is significantly higher than CBALX's 15.54% return. Both investments have delivered pretty close results over the past 10 years, with JANBX having a 8.87% annualized return and CBALX not far behind at 8.70%. 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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JANBX vs. CBALX - Expense Ratio Comparison
JANBX has a 0.70% expense ratio, which is higher than CBALX's 0.67% expense ratio.
Risk-Adjusted Performance
JANBX vs. CBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Balanced Fund (JANBX) and Columbia Balanced Fund (CBALX). 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
JANBX vs. CBALX - Dividend Comparison
JANBX's dividend yield for the trailing twelve months is around 1.87%, which matches CBALX's 1.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JANBX Janus Henderson Balanced Fund | 1.87% | 2.25% | 1.10% | 0.84% | 1.36% | 1.80% | 1.91% | 1.91% | 2.17% | 1.68% | 1.91% | 1.69% |
CBALX Columbia Balanced Fund | 1.86% | 1.84% | 1.51% | 0.86% | 1.25% | 1.69% | 1.74% | 1.29% | 1.26% | 2.12% | 1.09% | 0.97% |
Drawdowns
JANBX vs. CBALX - Drawdown Comparison
The maximum JANBX drawdown since its inception was -22.49%, smaller than the maximum CBALX drawdown of -35.45%. Use the drawdown chart below to compare losses from any high point for JANBX and CBALX. For additional features, visit the drawdowns tool.
Volatility
JANBX vs. CBALX - Volatility Comparison
Janus Henderson Balanced Fund (JANBX) and Columbia Balanced Fund (CBALX) have volatilities of 2.47% and 2.36%, 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.