JANIX vs. JERIX

Last updated Aug 4, 2026

JANIX (Janus Henderson Triton Fund) and JERIX (Janus Henderson Global Real Estate Fund) are both mutual funds - JANIX is a Small Cap Growth Equities fund managed by Janus Henderson, while JERIX is a REIT fund managed by Janus Henderson. Over the past 10 years, JANIX returned 10.19%/yr vs 5.79%/yr for JERIX. Their 0.71 correlation means they have sometimes moved together and sometimes differently. JANIX charges 0.78%/yr vs 1.03%/yr for JERIX.

Performance

JANIX vs. JERIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Triton Fund (JANIX) and Janus Henderson Global Real Estate Fund (JERIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JANIX having a 13.84% return and JERIX slightly lower at 13.21%. Over the past 10 years, JANIX has outperformed JERIX with an annualized return of 10.19%, while JERIX has yielded a comparatively lower 5.79% annualized return.

JANIX

• 1D: -0.23%
• 1M: -2.69%
• 6M: 9.68%
• YTD: 13.84%
• 1Y: 23.17%
• 3Y*: 11.90%
• 5Y*: 4.13%
• 10Y*: 10.19%
• ALL TIME*: 10.56%

JERIX

• 1D: -0.95%
• 1M: 1.42%
• 6M: 9.68%
• YTD: 13.21%
• 1Y: 17.84%
• 3Y*: 8.76%
• 5Y*: 0.60%
• 10Y*: 5.79%
• ALL TIME*: 5.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
JANIX Janus Henderson Triton Fund	$0.00	$0.00	$0.00
JERIX Janus Henderson Global Real Estate Fund	$0.00	$0.00	$0.00

JANIX vs. JERIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JANIX Janus Henderson Triton Fund	13.84%	9.66%	10.40%	14.68%	-23.65%	6.76%	28.56%	28.42%	-5.15%	27.01%
JERIX Janus Henderson Global Real Estate Fund	13.21%	9.45%	0.11%	7.60%	-25.23%	22.43%	1.38%	30.91%	-3.15%	17.72%

Correlation

The correlation between JANIX and JERIX is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (3Y) Balances recent behavior with more history.	0.61
Correlation (5Y) Shows whether the relationship held over a longer period.	0.67
Correlation (10Y) Provides a long-term view across more market conditions.	0.62
Correlation (All Time) Calculated using the full available price history since Nov 29, 2007	0.71

Over the past year, the correlation between JANIX and JERIX has dropped to 0.48 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.

Return for Risk

JANIX vs. JERIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JANIX

JANIX Risk / Return Rank: 44
JANIX Sharpe Ratio Rank: 39
JANIX Sortino Ratio Rank: 42
JANIX Omega Ratio Rank: 36
JANIX Calmar Ratio Rank: 47
JANIX Martin Ratio Rank: 55

JERIX

JERIX Risk / Return Rank: 51
JERIX Sharpe Ratio Rank: 57
JERIX Sortino Ratio Rank: 55
JERIX Omega Ratio Rank: 56
JERIX Calmar Ratio Rank: 42
JERIX Martin Ratio Rank: 43

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JANIX vs. JERIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Triton Fund (JANIX) and Janus Henderson Global Real Estate Fund (JERIX). 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	JERIX	Difference
Sharpe ratio: Return per unit of total volatility	1.28	1.55	-0.27
Sortino ratio: Return per unit of downside risk	1.93	2.20	-0.27
Omega ratio: Gain probability vs. loss probability	1.22	1.29	-0.06
Calmar ratio: Return relative to maximum drawdown	1.94	1.83	+0.12
Martin ratio: Return relative to average drawdown	7.88	6.59	+1.29

JANIX vs. JERIX - Sharpe Ratio Comparison

The current JANIX Sharpe Ratio is 1.28, which is comparable to the JERIX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of JANIX and JERIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JANIX vs. JERIX - Drawdown Comparison

The maximum JANIX drawdown since its inception was -62.76%, roughly equal to the maximum JERIX drawdown of -65.94%. Use the drawdown chart below to compare losses from any high point for JANIX and JERIX.

Drawdown Indicators

	JANIX	JERIX	Difference
Max Drawdown Largest peak-to-trough decline	-62.76%	-65.94%	+3.18%
Max Drawdown (1Y) Largest decline over 1 year	-11.05%	-9.97%	-1.08%
Max Drawdown (3Y) Largest decline over 3 years	-23.89%	-19.16%	-4.73%
Max Drawdown (5Y) Largest decline over 5 years	-31.80%	-34.01%	+2.21%
Max Drawdown (10Y) Largest decline over 10 years	-39.70%	-39.36%	-0.34%
Current Drawdown Current decline from peak	-3.41%	-1.52%	-1.89%
Average Drawdown Average peak-to-trough decline	-9.97%	-10.96%	+0.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	2.76%	-0.03%

Volatility

JANIX vs. JERIX - Volatility Comparison

Janus Henderson Triton Fund (JANIX) and Janus Henderson Global Real Estate Fund (JERIX) have volatilities of 3.38% and 3.51%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JANIX	JERIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.38%	3.51%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	13.34%	9.53%	+3.81%
Volatility (1Y) Calculated over the trailing 1-year period	16.77%	11.85%	+4.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.70%	15.95%	+3.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.56%	16.89%	+3.67%

JANIX vs. JERIX - Expense Ratio Comparison

JANIX has a 0.78% expense ratio, which is lower than JERIX's 1.03% expense ratio.

Dividends

JANIX vs. JERIX - Dividend Comparison

JANIX's dividend yield for the trailing twelve months is around 9.87%, more than JERIX's 3.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JANIX Janus Henderson Triton Fund	9.87%	11.23%	7.57%	7.15%	6.24%	20.40%	4.12%	4.26%	7.50%	5.08%	2.74%	7.76%
JERIX Janus Henderson Global Real Estate Fund	3.03%	3.25%	2.78%	2.70%	1.54%	5.83%	1.55%	4.59%	5.20%	4.44%	4.51%	4.66%

Frequently Asked Questions

Can I hold both JANIX and JERIX in my portfolio?

JANIX and JERIX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JANIX or JERIX?

JERIX has higher volatility (3.51%) compared to JANIX (3.38%). In terms of maximum drawdown, JANIX dropped -62.76% vs JERIX's -65.94%.

Which has better risk-adjusted returns?

JERIX currently has the higher Sharpe Ratio (1.55 vs 1.28), 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.