JANBX vs. SPY
Compare and contrast key facts about Janus Henderson Balanced Fund (JANBX) and SPDR S&P 500 ETF (SPY).
JANBX is managed by Janus Henderson. It was launched on Aug 31, 1992. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JANBX or SPY.
Correlation
The correlation between JANBX and SPY is 0.94, 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. SPY - Performance Comparison
Key characteristics
JANBX:
1.14
SPY:
2.14
JANBX:
1.48
SPY:
2.84
JANBX:
1.23
SPY:
1.40
JANBX:
1.40
SPY:
3.25
JANBX:
4.49
SPY:
13.58
JANBX:
2.57%
SPY:
2.01%
JANBX:
10.12%
SPY:
12.77%
JANBX:
-23.57%
SPY:
-55.19%
JANBX:
-5.16%
SPY:
0.00%
Returns By Period
In the year-to-date period, JANBX achieves a 2.40% return, which is significantly lower than SPY's 3.47% return. Over the past 10 years, JANBX has underperformed SPY with an annualized return of 6.15%, while SPY has yielded a comparatively higher 13.45% annualized return.
JANBX
2.40%
1.45%
3.08%
11.23%
6.15%
6.15%
SPY
3.47%
1.98%
12.77%
26.68%
14.81%
13.45%
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JANBX vs. SPY - Expense Ratio Comparison
JANBX has a 0.70% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
JANBX vs. SPY — Risk-Adjusted Performance Rank
JANBX
SPY
JANBX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Balanced Fund (JANBX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
JANBX's dividend yield for the trailing twelve months is around 2.04%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JANBX Janus Henderson Balanced Fund | 2.04% | 2.09% | 2.25% | 1.10% | 0.84% | 1.36% | 1.80% | 1.91% | 1.91% | 2.17% | 1.68% | 1.91% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
JANBX vs. SPY - Drawdown Comparison
The maximum JANBX drawdown since its inception was -23.57%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JANBX and SPY. For additional features, visit the drawdowns tool.
Volatility
JANBX vs. SPY - Volatility Comparison
The current volatility for Janus Henderson Balanced Fund (JANBX) is 2.95%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.10%. This indicates that JANBX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.