JANBX vs. QQQM
Compare and contrast key facts about Janus Henderson Balanced Fund (JANBX) and Invesco NASDAQ 100 ETF (QQQM).
JANBX is managed by Janus Henderson. It was launched on Aug 31, 1992. QQQM is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JANBX or QQQM.
Key characteristics
| JANBX | QQQM | |
|---|---|---|
| YTD Return | 16.90% | 25.73% |
| 1Y Return | 23.00% | 33.97% |
| 3Y Return (Ann) | 4.42% | 9.92% |
| Sharpe Ratio | 2.92 | 2.13 |
| Sortino Ratio | 4.16 | 2.81 |
| Omega Ratio | 1.55 | 1.38 |
| Calmar Ratio | 2.70 | 2.72 |
| Martin Ratio | 18.89 | 9.92 |
| Ulcer Index | 1.31% | 3.71% |
| Daily Std Dev | 8.47% | 17.28% |
| Max Drawdown | -22.49% | -35.05% |
| Current Drawdown | -0.37% | -0.37% |
Correlation
The correlation between JANBX and QQQM is 0.91, 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. QQQM - Performance Comparison
In the year-to-date period, JANBX achieves a 16.90% return, which is significantly lower than QQQM's 25.73% 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. QQQM - Expense Ratio Comparison
JANBX has a 0.70% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Risk-Adjusted Performance
JANBX vs. QQQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Balanced Fund (JANBX) and Invesco NASDAQ 100 ETF (QQQM). 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. QQQM - Dividend Comparison
JANBX's dividend yield for the trailing twelve months is around 1.87%, more than QQQM's 0.64% 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% |
QQQM Invesco NASDAQ 100 ETF | 0.64% | 0.65% | 0.83% | 0.40% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JANBX vs. QQQM - Drawdown Comparison
The maximum JANBX drawdown since its inception was -22.49%, smaller than the maximum QQQM drawdown of -35.05%. Use the drawdown chart below to compare losses from any high point for JANBX and QQQM. For additional features, visit the drawdowns tool.
Volatility
JANBX vs. QQQM - Volatility Comparison
The current volatility for Janus Henderson Balanced Fund (JANBX) is 2.47%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 4.90%. This indicates that JANBX experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.