JATTX vs. FSMD
Compare and contrast key facts about Janus Henderson Triton Fund Class T (JATTX) and Fidelity Small-Mid Multifactor ETF (FSMD).
JATTX is managed by Janus Henderson. It was launched on Feb 25, 2005. FSMD is a passively managed fund by Fidelity that tracks the performance of the Fidelity Small-Mid Multifactor Index. It was launched on Feb 26, 2019.
Performance
JATTX vs. FSMD - Performance Comparison
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JATTX vs. FSMD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
JATTX Janus Henderson Triton Fund Class T | -5.10% | 9.54% | 10.30% | 14.52% | -23.75% | 6.63% | 28.41% | 8.81% |
FSMD Fidelity Small-Mid Multifactor ETF | 1.72% | 8.70% | 15.18% | 17.37% | -11.15% | 26.40% | 8.94% | 8.81% |
Returns By Period
In the year-to-date period, JATTX achieves a -5.10% return, which is significantly lower than FSMD's 1.72% return.
JATTX
- 1D
- -1.02%
- 1M
- -9.06%
- YTD
- -5.10%
- 6M
- -0.65%
- 1Y
- 11.64%
- 3Y*
- 7.25%
- 5Y*
- 1.22%
- 10Y*
- 8.83%
FSMD
- 1D
- 3.04%
- 1M
- -4.67%
- YTD
- 1.72%
- 6M
- 2.29%
- 1Y
- 15.81%
- 3Y*
- 13.07%
- 5Y*
- 7.84%
- 10Y*
- —
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JATTX vs. FSMD - Expense Ratio Comparison
JATTX has a 0.91% expense ratio, which is higher than FSMD's 0.29% expense ratio.
Return for Risk
JATTX vs. FSMD — Risk / Return Rank
JATTX
FSMD
JATTX vs. FSMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Triton Fund Class T (JATTX) and Fidelity Small-Mid Multifactor ETF (FSMD). 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.
| JATTX | FSMD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.53 | 0.79 | -0.26 |
Sortino ratioReturn per unit of downside risk | 0.90 | 1.26 | -0.36 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.17 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.66 | 1.33 | -0.68 |
Martin ratioReturn relative to average drawdown | 2.76 | 5.61 | -2.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JATTX | FSMD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.53 | 0.79 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.43 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.47 | +0.01 |
Correlation
The correlation between JATTX and FSMD is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
JATTX vs. FSMD - Dividend Comparison
JATTX's dividend yield for the trailing twelve months is around 12.16%, more than FSMD's 1.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JATTX Janus Henderson Triton Fund Class T | 12.16% | 11.54% | 7.74% | 7.29% | 6.35% | 20.71% | 4.17% | 4.30% | 7.56% | 5.11% | 2.83% | 7.89% |
FSMD Fidelity Small-Mid Multifactor ETF | 1.37% | 1.33% | 1.29% | 1.37% | 1.54% | 1.18% | 1.32% | 1.37% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JATTX vs. FSMD - Drawdown Comparison
The maximum JATTX drawdown since its inception was -57.77%, which is greater than FSMD's maximum drawdown of -40.67%. Use the drawdown chart below to compare losses from any high point for JATTX and FSMD.
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Drawdown Indicators
| JATTX | FSMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.77% | -40.67% | -17.10% |
Max Drawdown (1Y)Largest decline over 1 year | -13.20% | -12.63% | -0.57% |
Max Drawdown (5Y)Largest decline over 5 years | -31.90% | -22.16% | -9.74% |
Max Drawdown (10Y)Largest decline over 10 years | -39.71% | — | — |
Current DrawdownCurrent decline from peak | -11.09% | -5.65% | -5.44% |
Average DrawdownAverage peak-to-trough decline | -8.82% | -6.12% | -2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 3.01% | +0.14% |
Volatility
JATTX vs. FSMD - Volatility Comparison
The current volatility for Janus Henderson Triton Fund Class T (JATTX) is 6.05%, while Fidelity Small-Mid Multifactor ETF (FSMD) has a volatility of 6.73%. This indicates that JATTX experiences smaller price fluctuations and is considered to be less risky than FSMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JATTX | FSMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.05% | 6.73% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 11.32% | 11.32% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.12% | 20.07% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.45% | 18.43% | +1.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.49% | 21.54% | -1.05% |