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JANRX vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

JANRX vs. IVV

Last updated Jun 4, 2026

JANRX (Janus Henderson Global Select Fund) and IVV (iShares Core S&P 500 ETF) are both funds - JANRX is a Global Equities fund managed by Janus Henderson, while IVV is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, JANRX returned 13.35%/yr vs 15.54%/yr for IVV. Their correlation of 0.86 suggests significant overlap in exposure. JANRX charges 0.82%/yr vs 0.03%/yr for IVV.

Performance

JANRX vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Global Select Fund (JANRX) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, JANRX achieves a 9.97% return, which is significantly lower than IVV's 10.85% return. Over the past 10 years, JANRX has underperformed IVV with an annualized return of 13.35%, while IVV has yielded a comparatively higher 15.54% annualized return.

JANRX

1D
0.61%
1M
3.35%
YTD
9.97%
6M
10.94%
1Y
22.33%
3Y*
19.56%
5Y*
10.75%
10Y*
13.35%

IVV

1D
-0.76%
1M
4.97%
YTD
10.85%
6M
10.87%
1Y
28.00%
3Y*
22.43%
5Y*
13.88%
10Y*
15.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

JANRX vs. IVV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
JANRX
Janus Henderson Global Select Fund		9.97%19.49%17.21%17.41%-9.94%15.96%16.14%27.43%-9.80%31.08%
IVV
iShares Core S&P 500 ETF		10.85%17.85%24.93%26.31%-18.16%28.76%18.40%31.07%-4.49%21.75%

Correlation

The correlation between JANRX and IVV is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.81

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

0.85

Correlation (5Y)
Calculated over the trailing 5-year period

0.87

Correlation (10Y)
Calculated over the trailing 10-year period

0.88

Correlation (All Time)
Calculated using the full available price history since Jul 6, 2000

0.86

The correlation between JANRX and IVV has been stable across timeframes, ranging from 0.81 to 0.88 - 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

iShares Core S&P 500 ETF

Often compared with JANRX:
JANRX vs. JANWXJANRX vs. SWPPXJANRX vs. JANEXJANRX vs. JNGLXJANRX vs. HAINXJANRX vs. PRFJANRX vs. VGT
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

JANRX vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
JANRX
JANRX Risk / Return Rank: 4747
Overall Rank
JANRX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
JANRX Sortino Ratio Rank: 4848
Sortino Ratio Rank
JANRX Omega Ratio Rank: 4747
Omega Ratio Rank
JANRX Calmar Ratio Rank: 4141
Calmar Ratio Rank
JANRX Martin Ratio Rank: 5353
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 7070
Overall Rank
IVV Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 7070
Sortino Ratio Rank
IVV Omega Ratio Rank: 7070
Omega Ratio Rank
IVV Calmar Ratio Rank: 6262
Calmar Ratio Rank
IVV Martin Ratio Rank: 7575
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. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Select Fund (JANRX) and iShares Core S&P 500 ETF (IVV). 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.

JANRXIVVDifference
Sharpe ratioReturn per unit of total volatility
2.03
2.39

-0.35

Sortino ratioReturn per unit of downside risk
2.91
3.25

-0.34

Omega ratioGain probability vs. loss probability

1.38

1.43

-0.06

Calmar ratioReturn relative to maximum drawdown

2.43

3.17

-0.74

Martin ratioReturn relative to average drawdown

10.80

14.71

-3.91

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JANRX vs. IVV - Sharpe Ratio Comparison

The current JANRX Sharpe Ratio is 2.03, which is comparable to the IVV Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of JANRX and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

JANRXIVVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.03

2.39

-0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.67

0.83

-0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

0.86

-0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.28

0.45

-0.17

Drawdowns

JANRX vs. IVV - Drawdown Comparison

The maximum JANRX drawdown since its inception was -63.94%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for JANRX and IVV.

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Drawdown Indicators

JANRXIVVDifference

Max Drawdown

Largest peak-to-trough decline

-63.94%

-55.25%

-8.69%

Max Drawdown (1Y)

Largest decline over 1 year

-9.67%

-8.89%

-0.78%

Max Drawdown (3Y)

Largest decline over 3 years

-19.56%

-18.75%

-0.81%

Max Drawdown (5Y)

Largest decline over 5 years

-23.48%

-24.53%

+1.05%

Max Drawdown (10Y)

Largest decline over 10 years

-39.17%

-33.90%

-5.27%

Current Drawdown

Current decline from peak

0.00%

-0.76%

+0.76%

Average Drawdown

Average peak-to-trough decline

-17.79%

-10.78%

-7.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.17%

1.91%

+0.26%

Volatility

JANRX vs. IVV - Volatility Comparison

Janus Henderson Global Select Fund (JANRX) has a higher volatility of 3.75% compared to iShares Core S&P 500 ETF (IVV) at 2.87%. This indicates that JANRX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

JANRXIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.75%

2.87%

+0.88%

Volatility (6M)

Calculated over the trailing 6-month period

9.50%

8.90%

+0.60%

Volatility (1Y)

Calculated over the trailing 1-year period

11.56%

11.80%

-0.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.17%

16.88%

-0.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.98%

18.05%

-0.07%

JANRX vs. IVV - Expense Ratio Comparison

JANRX has a 0.82% expense ratio, which is higher than IVV's 0.03% expense ratio.

Dividends

JANRX vs. IVV - Dividend Comparison

JANRX's dividend yield for the trailing twelve months is around 9.73%, more than IVV's 1.06% yield.

PositionTTM20252024202320222021202020192018201720162015
IVV
iShares Core S&P 500 ETF		1.06%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%
JANRX
Janus Henderson Global Select Fund		9.73%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 IVV have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

JANRX has higher volatility (3.75%) compared to IVV (2.87%). In terms of maximum drawdown, JANRX dropped -63.94% vs IVV's -55.25%.

IVV currently has the higher Sharpe Ratio (2.39 vs 2.03), 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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