JANBX vs. PMAIX
Compare and contrast key facts about Janus Henderson Balanced Fund (JANBX) and Pioneer Multi-Asset Income Fund A (PMAIX).
JANBX is managed by Janus Henderson. It was launched on Aug 31, 1992. PMAIX is managed by Amundi US. It was launched on Dec 22, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JANBX or PMAIX.
Key characteristics
| JANBX | PMAIX | |
|---|---|---|
| YTD Return | 16.90% | 8.25% |
| 1Y Return | 23.00% | 12.10% |
| 3Y Return (Ann) | 4.42% | 5.87% |
| 5Y Return (Ann) | 9.11% | 7.43% |
| 10Y Return (Ann) | 8.87% | 6.18% |
| Sharpe Ratio | 2.92 | 2.36 |
| Sortino Ratio | 4.16 | 3.42 |
| Omega Ratio | 1.55 | 1.44 |
| Calmar Ratio | 2.70 | 4.41 |
| Martin Ratio | 18.89 | 13.45 |
| Ulcer Index | 1.31% | 0.90% |
| Daily Std Dev | 8.47% | 5.17% |
| Max Drawdown | -22.49% | -24.12% |
| Current Drawdown | -0.37% | -2.27% |
Correlation
The correlation between JANBX and PMAIX is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JANBX vs. PMAIX - Performance Comparison
In the year-to-date period, JANBX achieves a 16.90% return, which is significantly higher than PMAIX's 8.25% return. Over the past 10 years, JANBX has outperformed PMAIX with an annualized return of 8.87%, while PMAIX has yielded a comparatively lower 6.18% annualized return. 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. PMAIX - Expense Ratio Comparison
JANBX has a 0.70% expense ratio, which is lower than PMAIX's 0.85% expense ratio.
Risk-Adjusted Performance
JANBX vs. PMAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Balanced Fund (JANBX) and Pioneer Multi-Asset Income Fund A (PMAIX). 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. PMAIX - Dividend Comparison
JANBX's dividend yield for the trailing twelve months is around 1.87%, less than PMAIX's 7.28% 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% |
PMAIX Pioneer Multi-Asset Income Fund A | 7.28% | 6.61% | 5.63% | 5.53% | 5.39% | 5.78% | 5.83% | 6.68% | 5.53% | 5.92% | 6.24% | 5.36% |
Drawdowns
JANBX vs. PMAIX - Drawdown Comparison
The maximum JANBX drawdown since its inception was -22.49%, smaller than the maximum PMAIX drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for JANBX and PMAIX. For additional features, visit the drawdowns tool.
Volatility
JANBX vs. PMAIX - Volatility Comparison
Janus Henderson Balanced Fund (JANBX) has a higher volatility of 2.47% compared to Pioneer Multi-Asset Income Fund A (PMAIX) at 1.09%. This indicates that JANBX's price experiences larger fluctuations and is considered to be riskier than PMAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.