JARTX vs. JANVX
JARTX (Janus Henderson Forty Fund) and JANVX (Janus Henderson Venture Fund) are both mutual funds - JARTX is a Large Cap Growth Equities fund managed by Janus Henderson, while JANVX is a Small Cap Growth Equities fund managed by Janus Henderson. Over the past 10 years, JARTX returned 16.55%/yr vs 12.26%/yr for JANVX. Their correlation of 0.81 suggests significant overlap in exposure. JARTX charges 1.20%/yr vs 0.78%/yr for JANVX.
Performance
JARTX vs. JANVX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JARTX achieves a 3.68% return, which is significantly lower than JANVX's 15.38% return. Over the past 10 years, JARTX has outperformed JANVX with an annualized return of 16.55%, while JANVX has yielded a comparatively lower 12.26% annualized return.
JARTX
- 1D
- -1.42%
- 1M
- -0.08%
- YTD
- 3.68%
- 6M
- 2.80%
- 1Y
- 18.02%
- 3Y*
- 20.78%
- 5Y*
- 9.09%
- 10Y*
- 16.55%
JANVX
- 1D
- 0.91%
- 1M
- 4.93%
- YTD
- 15.38%
- 6M
- 13.09%
- 1Y
- 28.88%
- 3Y*
- 18.23%
- 5Y*
- 6.65%
- 10Y*
- 12.26%
JARTX vs. JANVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JARTX Janus Henderson Forty Fund | 3.68% | 17.88% | 27.76% | 39.50% | -33.81% | 22.30% | 38.69% | 36.30% | 1.10% | 29.05% |
JANVX Janus Henderson Venture Fund | 15.38% | 8.98% | 22.16% | 16.16% | -24.15% | 7.45% | 31.77% | 30.80% | -6.57% | 24.28% |
Correlation
The correlation between JARTX and JANVX is 0.64, 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 | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Apr 30, 1997 | 0.81 |
The correlation between JARTX and JANVX shifts across timeframes, from 0.64 (1 year) to 0.81 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JARTX vs. JANVX — Risk / Return Rank
JARTX
JANVX
JARTX vs. JANVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Forty Fund (JARTX) and Janus Henderson Venture Fund (JANVX). 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.
| JARTX | JANVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.05 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.29 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | 2.56 | -1.57 |
| Martin ratioReturn relative to average drawdown | 3.19 | 9.36 | -6.17 |
Loading charts...
Drawdowns
JARTX vs. JANVX - Drawdown Comparison
The maximum JARTX drawdown since its inception was -56.70%, smaller than the maximum JANVX drawdown of -86.48%. Use the drawdown chart below to compare losses from any high point for JARTX and JANVX.
Loading charts...
Drawdown Indicators
| JARTX | JANVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.70% | -86.48% | +29.78% |
Max Drawdown (1Y)Largest decline over 1 year | -19.19% | -11.87% | -7.32% |
Max Drawdown (3Y)Largest decline over 3 years | -22.22% | -23.88% | +1.66% |
Max Drawdown (5Y)Largest decline over 5 years | -41.09% | -35.17% | -5.92% |
Max Drawdown (10Y)Largest decline over 10 years | -41.09% | -36.81% | -4.28% |
Current DrawdownCurrent decline from peak | -4.70% | 0.00% | -4.70% |
Average DrawdownAverage peak-to-trough decline | -16.81% | -30.87% | +14.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.98% | 3.25% | +2.73% |
Volatility
JARTX vs. JANVX - Volatility Comparison
Janus Henderson Forty Fund (JARTX) has a higher volatility of 7.58% compared to Janus Henderson Venture Fund (JANVX) at 5.74%. This indicates that JARTX's price experiences larger fluctuations and is considered to be riskier than JANVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JARTX | JANVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.58% | 5.74% | +1.84% |
Volatility (6M)Calculated over the trailing 6-month period | 14.81% | 13.41% | +1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.61% | 17.29% | +1.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.18% | 21.01% | +1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.55% | 20.92% | +0.63% |
JARTX vs. JANVX - Expense Ratio Comparison
JARTX has a 1.20% expense ratio, which is higher than JANVX's 0.78% expense ratio.
Dividends
JARTX vs. JANVX - Dividend Comparison
JARTX's dividend yield for the trailing twelve months is around 13.17%, more than JANVX's 4.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JANVX Janus Henderson Venture Fund | 4.75% | 5.48% | 14.11% | 5.22% | 4.42% | 12.59% | 5.46% | 3.86% | 10.26% | 5.32% | 1.76% | 4.58% |
JARTX Janus Henderson Forty Fund | 13.17% | 13.65% | 11.51% | 9.10% | 0.06% | 10.26% | 8.38% | 7.05% | 8.95% | 14.50% | 6.57% | 15.93% |
Frequently Asked Questions
JARTX and JANVX have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JARTX has higher volatility (7.58%) compared to JANVX (5.74%). In terms of maximum drawdown, JARTX dropped -56.70% vs JANVX's -86.48%.
JANVX currently has the higher Sharpe Ratio (1.76 vs 1.03), 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.
Find the right allocation for JARTX and JANVX
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