JARTX vs. JFRDX
JARTX (Janus Henderson Forty Fund) and JFRDX (Janus Henderson Forty Fund Class D) are both Large Cap Growth Equities funds from Janus Henderson. Over the past 5 years, JARTX returned 9.09%/yr vs 9.50%/yr for JFRDX. With a 1.00 correlation, they move nearly in lockstep. JARTX charges 1.20%/yr vs 0.63%/yr for JFRDX.
Performance
JARTX vs. JFRDX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with JARTX having a 3.68% return and JFRDX slightly higher at 3.85%.
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%
JFRDX
- 1D
- -1.41%
- 1M
- -0.05%
- YTD
- 3.85%
- 6M
- 2.98%
- 1Y
- 18.47%
- 3Y*
- 21.23%
- 5Y*
- 9.50%
- 10Y*
- —
JARTX vs. JFRDX - 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% | 22.37% |
JFRDX Janus Henderson Forty Fund Class D | 3.85% | 18.31% | 28.26% | 40.01% | -33.58% | 22.73% | 39.22% | 36.75% | 1.49% | 16.74% |
Correlation
The correlation between JARTX and JFRDX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 1.00 |
The correlation between JARTX and JFRDX has been stable across timeframes, ranging from 1.00 to 1.00 - 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.
Return for Risk
JARTX vs. JFRDX — Risk / Return Rank
JARTX
JFRDX
JARTX vs. JFRDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Forty Fund (JARTX) and Janus Henderson Forty Fund Class D (JFRDX). 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 | JFRDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.00 | 1.03 | -0.03 |
| Martin ratioReturn relative to average drawdown | 3.19 | 3.30 | -0.11 |
Loading charts...
Drawdowns
JARTX vs. JFRDX - Drawdown Comparison
The maximum JARTX drawdown since its inception was -56.70%, which is greater than JFRDX's maximum drawdown of -40.91%. Use the drawdown chart below to compare losses from any high point for JARTX and JFRDX.
Loading charts...
Drawdown Indicators
| JARTX | JFRDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.70% | -40.91% | -15.79% |
Max Drawdown (1Y)Largest decline over 1 year | -19.19% | -19.05% | -0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -22.22% | -22.14% | -0.08% |
Max Drawdown (5Y)Largest decline over 5 years | -41.09% | -40.91% | -0.18% |
Max Drawdown (10Y)Largest decline over 10 years | -41.09% | — | — |
Current DrawdownCurrent decline from peak | -4.70% | -4.69% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -16.81% | -8.15% | -8.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.98% | 5.92% | +0.06% |
Volatility
JARTX vs. JFRDX - Volatility Comparison
Janus Henderson Forty Fund (JARTX) and Janus Henderson Forty Fund Class D (JFRDX) have volatilities of 7.58% and 7.59%, 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.
Loading charts...
Volatility by Period
| JARTX | JFRDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.58% | 7.59% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 14.81% | 14.80% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.61% | 18.60% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.18% | 22.19% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.55% | 22.10% | -0.55% |
JARTX vs. JFRDX - Expense Ratio Comparison
JARTX has a 1.20% expense ratio, which is higher than JFRDX's 0.63% expense ratio.
Dividends
JARTX vs. JFRDX - Dividend Comparison
JARTX's dividend yield for the trailing twelve months is around 13.17%, more than JFRDX's 12.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
JFRDX Janus Henderson Forty Fund Class D | 12.61% | 13.10% | 11.27% | 9.12% | 0.06% | 10.12% | 8.26% | 7.21% | 8.88% | 9.68% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, JARTX and JFRDX 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.
JFRDX has higher volatility (7.59%) compared to JARTX (7.58%). In terms of maximum drawdown, JARTX dropped -56.70% vs JFRDX's -40.91%.
JFRDX currently has the higher Sharpe Ratio (1.05 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 JFRDX
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