JANIX vs. IVOIX
JANIX (Janus Henderson Triton Fund) and IVOIX (Delaware Ivy Mid Cap Income Opportunities Fund) are both mutual funds - JANIX is a Small Cap Growth Equities fund managed by Janus Henderson, while IVOIX is a Mid Cap Value Equities fund managed by Delaware Funds. Over the past 10 years, JANIX returned 10.09%/yr vs 10.04%/yr for IVOIX. Their correlation of 0.84 means they have usually moved in the same direction. JANIX charges 0.78%/yr vs 0.83%/yr for IVOIX.
Performance
JANIX vs. IVOIX - Performance Comparison
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Returns By Period
In the year-to-date period, JANIX achieves a 14.10% return, which is significantly higher than IVOIX's 12.04% return. Both investments have delivered pretty close results over the past 10 years, with JANIX having a 10.09% annualized return and IVOIX not far behind at 10.04%.
JANIX
- 1D
- 0.77%
- 1M
- -2.46%
- 6M
- 10.70%
- YTD
- 14.10%
- 1Y
- 23.46%
- 3Y*
- 11.85%
- 5Y*
- 4.18%
- 10Y*
- 10.09%
- ALL TIME*
- 10.57%
IVOIX
- 1D
- -1.05%
- 1M
- 1.40%
- 6M
- 7.79%
- YTD
- 12.04%
- 1Y
- 13.91%
- 3Y*
- 11.68%
- 5Y*
- 7.46%
- 10Y*
- 10.04%
- ALL TIME*
- 9.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JANIX vs. IVOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JANIX Janus Henderson Triton Fund | 14.10% | 9.66% | 10.40% | 14.68% | -23.65% | 6.76% | 28.56% | 28.42% | -5.15% | 27.01% |
IVOIX Delaware Ivy Mid Cap Income Opportunities Fund | 12.04% | 8.91% | 9.08% | 17.95% | -14.67% | 25.76% | 8.17% | 26.84% | -4.27% | 12.28% |
Correlation
The correlation between JANIX and IVOIX is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.70 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.83 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2015 | 0.84 |
The correlation between JANIX and IVOIX shifts across timeframes, from 0.70 (1 year) to 0.84 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
JANIX vs. IVOIX — Risk / Return Rank
JANIX
IVOIX
JANIX vs. IVOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Triton Fund (JANIX) and Delaware Ivy Mid Cap Income Opportunities Fund (IVOIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JANIX | IVOIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.17 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | 1.32 | +0.56 |
| Martin ratioReturn relative to average drawdown | 7.60 | 3.77 | +3.83 |
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Drawdowns
JANIX vs. IVOIX - Drawdown Comparison
The maximum JANIX drawdown since its inception was -62.76%, which is greater than IVOIX's maximum drawdown of -41.17%. Use the drawdown chart below to compare losses from any high point for JANIX and IVOIX.
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Drawdown Indicators
| JANIX | IVOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.76% | -41.17% | -21.59% |
Max Drawdown (1Y)Largest decline over 1 year | -11.05% | -9.50% | -1.55% |
Max Drawdown (3Y)Largest decline over 3 years | -23.89% | -19.75% | -4.14% |
Max Drawdown (5Y)Largest decline over 5 years | -31.80% | -21.87% | -9.93% |
Max Drawdown (10Y)Largest decline over 10 years | -39.70% | -41.17% | +1.47% |
Current DrawdownCurrent decline from peak | -3.18% | -1.72% | -1.46% |
Average DrawdownAverage peak-to-trough decline | -9.97% | -4.92% | -5.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 3.32% | -0.58% |
Volatility
JANIX vs. IVOIX - Volatility Comparison
The current volatility for Janus Henderson Triton Fund (JANIX) is 3.55%, while Delaware Ivy Mid Cap Income Opportunities Fund (IVOIX) has a volatility of 3.99%. This indicates that JANIX experiences smaller price fluctuations and is considered to be less risky than IVOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JANIX | IVOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.55% | 3.99% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 13.34% | 9.73% | +3.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.77% | 13.13% | +3.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.71% | 17.37% | +2.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.56% | 18.96% | +1.60% |
JANIX vs. IVOIX - Expense Ratio Comparison
JANIX has a 0.78% expense ratio, which is lower than IVOIX's 0.83% expense ratio.
Dividends
JANIX vs. IVOIX - Dividend Comparison
JANIX's dividend yield for the trailing twelve months is around 9.85%, less than IVOIX's 14.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVOIX Delaware Ivy Mid Cap Income Opportunities Fund | 14.00% | 15.79% | 11.69% | 5.43% | 4.44% | 3.50% | 1.75% | 2.05% | 4.31% | 1.42% | 1.10% | 2.10% |
JANIX Janus Henderson Triton Fund | 9.85% | 11.23% | 7.57% | 7.15% | 6.24% | 20.40% | 4.12% | 4.26% | 7.50% | 5.08% | 2.74% | 7.76% |
Frequently Asked Questions
JANIX and IVOIX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVOIX has higher volatility (3.99%) compared to JANIX (3.55%). In terms of maximum drawdown, JANIX dropped -62.76% vs IVOIX's -41.17%.
JANIX currently has the higher Sharpe Ratio (1.23 vs 0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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