PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
JANRX vs. DJIA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JANRX vs. DJIA

Last updated Jun 23, 2026

JANRX (Janus Henderson Global Select Fund) and DJIA (Global X Dow 30 Covered Call ETF) are both funds - JANRX is a Global Equities fund managed by Janus Henderson, while DJIA is a Derivative Income fund tracking the DJIA Cboe BuyWrite v2 Index. Over the past 3 years, JANRX returned 18.72%/yr vs 10.54%/yr for DJIA. A 0.60 correlation means they provide meaningful diversification when combined. JANRX charges 0.82%/yr vs 0.60%/yr for DJIA.

Performance

JANRX vs. DJIA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Global Select Fund (JANRX) and Global X Dow 30 Covered Call ETF (DJIA). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, JANRX achieves a 10.54% return, which is significantly higher than DJIA's 3.81% return.

JANRX

1D
1.33%
1M
2.05%
YTD
10.54%
6M
10.94%
1Y
22.33%
3Y*
18.72%
5Y*
11.40%
10Y*
13.67%

DJIA

1D
0.20%
1M
1.17%
YTD
3.81%
6M
3.30%
1Y
14.39%
3Y*
10.54%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

JANRX vs. DJIA - Yearly Performance Comparison

2026 (YTD)2025202420232022
JANRX
Janus Henderson Global Select Fund		10.54%19.49%17.21%17.41%-6.05%
DJIA
Global X Dow 30 Covered Call ETF		3.81%9.11%14.52%9.15%-1.07%

Correlation

The correlation between JANRX and DJIA is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.57

Correlation (3Y)
Calculated over the trailing 3-year period

0.54

Correlation (All Time)
Calculated using the full available price history since Feb 24, 2022

0.60

The correlation between JANRX and DJIA has been stable across timeframes, ranging from 0.54 to 0.60 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Janus Henderson Global Select Fund

Global X Dow 30 Covered Call ETF

Often compared with JANRX:
JANRX vs. JANWXJANRX vs. JANEXJANRX vs. SWPPXJANRX vs. JNGLXJANRX vs. HAINXJANRX vs. PRFJANRX vs. JNGTX
Often compared with DJIA:
DJIA vs. SCHDDJIA vs. VOODJIA vs. JEPIDJIA vs. VTVDJIA vs. SPYDJIA vs. FCNTXDJIA vs. CAIBX

Return for Risk

JANRX vs. DJIA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JANRX
JANRX Risk / Return Rank: 4343
Overall Rank
JANRX Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
JANRX Sortino Ratio Rank: 4040
Sortino Ratio Rank
JANRX Omega Ratio Rank: 4242
Omega Ratio Rank
JANRX Calmar Ratio Rank: 3939
Calmar Ratio Rank
JANRX Martin Ratio Rank: 5151
Martin Ratio Rank
DJIA
DJIA Risk / Return Rank: 5656
Overall Rank
DJIA Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
DJIA Sortino Ratio Rank: 6363
Sortino Ratio Rank
DJIA Omega Ratio Rank: 7272
Omega Ratio Rank
DJIA Calmar Ratio Rank: 4141
Calmar Ratio Rank
DJIA Martin Ratio Rank: 4646
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JANRX vs. DJIA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Select Fund (JANRX) and Global X Dow 30 Covered Call ETF (DJIA). 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.

JANRXDJIADifference
Sharpe ratioReturn per unit of total volatility
1.74
1.96

-0.22

Sortino ratioReturn per unit of downside risk
2.46
2.82

-0.36

Omega ratioGain probability vs. loss probability

1.32

1.41

-0.08

Calmar ratioReturn relative to maximum drawdown

2.26

1.97

+0.29

Martin ratioReturn relative to average drawdown

9.85

7.33

+2.51

JANRX vs. DJIA - Sharpe Ratio Comparison

The current JANRX Sharpe Ratio is 1.74, which is comparable to the DJIA Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of JANRX and DJIA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

JANRX vs. DJIA - Drawdown Comparison

The maximum JANRX drawdown since its inception was -63.94%, which is greater than DJIA's maximum drawdown of -16.91%. Use the drawdown chart below to compare losses from any high point for JANRX and DJIA.

Loading charts...

Drawdown Indicators

JANRXDJIADifference

Max Drawdown

Largest peak-to-trough decline

-63.94%

-16.91%

-47.03%

Max Drawdown (1Y)

Largest decline over 1 year

-9.67%

-7.34%

-2.33%

Max Drawdown (3Y)

Largest decline over 3 years

-19.56%

-12.09%

-7.47%

Max Drawdown (5Y)

Largest decline over 5 years

-23.48%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-39.17%

—

—

Current Drawdown

Current decline from peak

0.00%

-0.29%

+0.29%

Average Drawdown

Average peak-to-trough decline

-17.76%

-3.55%

-14.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.22%

1.97%

+0.25%

Volatility

JANRX vs. DJIA - Volatility Comparison

Janus Henderson Global Select Fund (JANRX) has a higher volatility of 5.67% compared to Global X Dow 30 Covered Call ETF (DJIA) at 1.36%. This indicates that JANRX's price experiences larger fluctuations and is considered to be riskier than DJIA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

JANRXDJIADifference

Volatility (1M)

Calculated over the trailing 1-month period

5.67%

1.36%

+4.31%

Volatility (6M)

Calculated over the trailing 6-month period

10.79%

6.33%

+4.46%

Volatility (1Y)

Calculated over the trailing 1-year period

12.56%

7.39%

+5.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.32%

11.17%

+5.15%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.02%

11.17%

+6.85%

JANRX vs. DJIA - Expense Ratio Comparison

JANRX has a 0.82% expense ratio, which is higher than DJIA's 0.60% expense ratio.

Dividends

JANRX vs. DJIA - Dividend Comparison

JANRX's dividend yield for the trailing twelve months is around 9.68%, less than DJIA's 11.48% yield.

PositionTTM20252024202320222021202020192018201720162015
DJIA
Global X Dow 30 Covered Call ETF		11.48%10.60%11.44%7.16%9.18%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
JANRX
Janus Henderson Global Select Fund		9.68%10.71%10.44%8.62%2.81%13.04%5.11%4.37%17.07%0.86%1.14%1.08%

Frequently Asked Questions

JANRX and DJIA have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

JANRX has higher volatility (5.67%) compared to DJIA (1.36%). In terms of maximum drawdown, JANRX dropped -63.94% vs DJIA's -16.91%.

DJIA currently has the higher Sharpe Ratio (1.96 vs 1.74), 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.

Portfolio Optimizer

Find the right allocation for JANRX and DJIA

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer