JANWX vs. ANWPX

Last updated Aug 5, 2026

JANWX (Janus Henderson Global Research Fund) and ANWPX (American Funds New Perspective Fund Class A) are both Global Equities funds. Over the past 10 years, JANWX returned 13.71%/yr vs 12.96%/yr for ANWPX. Their 0.96 correlation means they have historically moved very closely together. JANWX charges 0.75%/yr vs 0.71%/yr for ANWPX.

Performance

JANWX vs. ANWPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Global Research Fund (JANWX) and American Funds New Perspective Fund Class A (ANWPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JANWX achieves a 11.00% return, which is significantly higher than ANWPX's 5.57% return. Over the past 10 years, JANWX has outperformed ANWPX with an annualized return of 13.71%, while ANWPX has yielded a comparatively lower 12.96% annualized return.

JANWX

• 1D: 1.47%
• 1M: 1.86%
• 6M: 9.44%
• YTD: 11.00%
• 1Y: 16.93%
• 3Y*: 21.23%
• 5Y*: 11.76%
• 10Y*: 13.71%
• ALL TIME*: 12.03%

ANWPX

• 1D: 0.59%
• 1M: -0.49%
• 6M: 3.90%
• YTD: 5.57%
• 1Y: 12.79%
• 3Y*: 16.70%
• 5Y*: 7.49%
• 10Y*: 12.96%
• ALL TIME*: 10.97%

*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)
ANWPX American Funds New Perspective Fund Class A	$0.00	$0.00	$0.00
JANWX Janus Henderson Global Research Fund	$0.00	$0.00	$0.00

JANWX vs. ANWPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JANWX Janus Henderson Global Research Fund	11.00%	20.79%	23.54%	26.78%	-19.56%	17.84%	20.20%	28.89%	-6.88%	26.87%
ANWPX American Funds New Perspective Fund Class A	5.57%	21.33%	16.76%	24.63%	-25.92%	17.64%	33.42%	30.10%	-5.99%	28.91%

Correlation

The correlation between JANWX and ANWPX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.95
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (10Y) Provides a long-term view across more market conditions.	0.96
Correlation (All Time) Calculated using the full available price history since Feb 16, 2010	0.96

The correlation between JANWX and ANWPX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

JANWX vs. ANWPX — Risk / Return Rank

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

JANWX

JANWX Risk / Return Rank: 42
JANWX Sharpe Ratio Rank: 40
JANWX Sortino Ratio Rank: 41
JANWX Omega Ratio Rank: 38
JANWX Calmar Ratio Rank: 39
JANWX Martin Ratio Rank: 50

ANWPX

ANWPX Risk / Return Rank: 28
ANWPX Sharpe Ratio Rank: 27
ANWPX Sortino Ratio Rank: 27
ANWPX Omega Ratio Rank: 27
ANWPX Calmar Ratio Rank: 26
ANWPX Martin Ratio Rank: 33

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.

JANWX vs. ANWPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Research Fund (JANWX) and American Funds New Perspective Fund Class A (ANWPX). 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.

	JANWX	ANWPX	Difference
Sharpe ratio: Return per unit of total volatility	1.35	1.00	+0.35
Sortino ratio: Return per unit of downside risk	1.97	1.47	+0.50
Omega ratio: Gain probability vs. loss probability	1.24	1.19	+0.06
Calmar ratio: Return relative to maximum drawdown	1.75	1.29	+0.46
Martin ratio: Return relative to average drawdown	7.55	5.16	+2.39

JANWX vs. ANWPX - Sharpe Ratio Comparison

The current JANWX Sharpe Ratio is 1.35, which is higher than the ANWPX Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of JANWX and ANWPX, 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

JANWX vs. ANWPX - Drawdown Comparison

The maximum JANWX drawdown since its inception was -34.78%, smaller than the maximum ANWPX drawdown of -52.34%. Use the drawdown chart below to compare losses from any high point for JANWX and ANWPX.

Drawdown Indicators

	JANWX	ANWPX	Difference
Max Drawdown Largest peak-to-trough decline	-34.78%	-52.34%	+17.56%
Max Drawdown (1Y) Largest decline over 1 year	-10.76%	-11.48%	+0.72%
Max Drawdown (3Y) Largest decline over 3 years	-17.24%	-17.93%	+0.69%
Max Drawdown (5Y) Largest decline over 5 years	-28.99%	-34.45%	+5.46%
Max Drawdown (10Y) Largest decline over 10 years	-34.78%	-34.45%	-0.33%
Current Drawdown Current decline from peak	0.00%	-1.75%	+1.75%
Average Drawdown Average peak-to-trough decline	-5.24%	-8.08%	+2.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	2.87%	-0.38%

Volatility

JANWX vs. ANWPX - Volatility Comparison

Janus Henderson Global Research Fund (JANWX) and American Funds New Perspective Fund Class A (ANWPX) have volatilities of 4.49% and 4.65%, 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

	JANWX	ANWPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	4.65%	-0.16%
Volatility (6M) Calculated over the trailing 6-month period	11.71%	12.50%	-0.79%
Volatility (1Y) Calculated over the trailing 1-year period	13.97%	14.87%	-0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.63%	17.44%	+0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.96%	17.82%	+0.14%

JANWX vs. ANWPX - Expense Ratio Comparison

JANWX has a 0.75% expense ratio, which is higher than ANWPX's 0.71% expense ratio.

Dividends

JANWX vs. ANWPX - Dividend Comparison

JANWX's dividend yield for the trailing twelve months is around 7.29%, more than ANWPX's 6.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANWPX American Funds New Perspective Fund Class A	6.23%	6.57%	5.13%	5.36%	4.16%	7.01%	4.13%	3.67%	7.59%	5.50%	3.86%	6.14%
JANWX Janus Henderson Global Research Fund	7.29%	8.09%	8.33%	4.90%	4.56%	11.67%	3.75%	4.84%	6.93%	0.68%	0.83%	0.81%

Frequently Asked Questions

Can I hold both JANWX and ANWPX in my portfolio?

With a correlation of 0.95, JANWX and ANWPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, JANWX or ANWPX?

ANWPX has higher volatility (4.65%) compared to JANWX (4.49%). In terms of maximum drawdown, JANWX dropped -34.78% vs ANWPX's -52.34%.

Which has better risk-adjusted returns?

JANWX currently has the higher Sharpe Ratio (1.35 vs 1.00), 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.