JANEX vs. SPY
Compare and contrast key facts about Janus Henderson Enterprise Fund (JANEX) and SPDR S&P 500 ETF (SPY).
JANEX is managed by Janus Henderson. It was launched on Sep 1, 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: JANEX or SPY.
Correlation
The correlation between JANEX and SPY is 0.90, 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
JANEX vs. SPY - Performance Comparison
Key characteristics
JANEX:
-0.24
SPY:
0.34
JANEX:
-0.21
SPY:
0.62
JANEX:
0.97
SPY:
1.09
JANEX:
-0.13
SPY:
0.35
JANEX:
-0.67
SPY:
1.64
JANEX:
6.89%
SPY:
4.00%
JANEX:
19.03%
SPY:
19.55%
JANEX:
-38.24%
SPY:
-55.19%
JANEX:
-29.88%
SPY:
-12.02%
Returns By Period
In the year-to-date period, JANEX achieves a -8.79% return, which is significantly lower than SPY's -7.99% return. Over the past 10 years, JANEX has underperformed SPY with an annualized return of 3.61%, while SPY has yielded a comparatively higher 11.91% annualized return.
JANEX
-8.79%
-5.02%
-14.31%
-3.92%
2.67%
3.61%
SPY
-7.99%
-4.19%
-6.68%
7.93%
15.74%
11.91%
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JANEX vs. SPY - Expense Ratio Comparison
JANEX has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
JANEX vs. SPY — Risk-Adjusted Performance Rank
JANEX
SPY
JANEX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Enterprise Fund (JANEX) 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
JANEX vs. SPY - Dividend Comparison
JANEX's dividend yield for the trailing twelve months is around 1.19%, less than SPY's 1.33% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JANEX Janus Henderson Enterprise Fund | 1.19% | 1.09% | 0.00% | 0.00% | 0.33% | 0.30% | 0.11% | 0.17% | 0.09% | 0.09% | 0.28% | 0.03% |
SPY SPDR S&P 500 ETF | 1.33% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
JANEX vs. SPY - Drawdown Comparison
The maximum JANEX drawdown since its inception was -38.24%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JANEX and SPY. For additional features, visit the drawdowns tool.
Volatility
JANEX vs. SPY - Volatility Comparison
The current volatility for Janus Henderson Enterprise Fund (JANEX) is 12.99%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.47%. This indicates that JANEX 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.