JDBAX vs. JARTX
Compare and contrast key facts about Janus Henderson Balanced Fund Class A (JDBAX) and Janus Henderson Forty Fund (JARTX).
JDBAX is managed by Janus Henderson. It was launched on Sep 1, 1992. JARTX is managed by Janus Henderson. It was launched on May 1, 1997.
Performance
JDBAX vs. JARTX - Performance Comparison
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JDBAX vs. JARTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JDBAX Janus Henderson Balanced Fund Class A | -5.36% | 14.78% | 20.54% | 15.17% | -16.75% | 16.99% | 14.14% | 25.01% | 0.39% | 18.23% |
JARTX Janus Henderson Forty Fund | -12.33% | 17.88% | 27.76% | 39.50% | -33.81% | 22.30% | 38.69% | 36.30% | 1.10% | 29.05% |
Returns By Period
In the year-to-date period, JDBAX achieves a -5.36% return, which is significantly higher than JARTX's -12.33% return. Over the past 10 years, JDBAX has underperformed JARTX with an annualized return of 9.97%, while JARTX has yielded a comparatively higher 14.39% annualized return.
JDBAX
- 1D
- 1.63%
- 1M
- -4.85%
- YTD
- -5.36%
- 6M
- -4.16%
- 1Y
- 10.47%
- 3Y*
- 12.76%
- 5Y*
- 7.45%
- 10Y*
- 9.97%
JARTX
- 1D
- 4.46%
- 1M
- -5.15%
- YTD
- -12.33%
- 6M
- -12.64%
- 1Y
- 12.58%
- 3Y*
- 17.35%
- 5Y*
- 7.53%
- 10Y*
- 14.39%
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JDBAX vs. JARTX - Expense Ratio Comparison
JDBAX has a 0.89% expense ratio, which is lower than JARTX's 1.20% expense ratio.
Return for Risk
JDBAX vs. JARTX — Risk / Return Rank
JDBAX
JARTX
JDBAX vs. JARTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Balanced Fund Class A (JDBAX) and Janus Henderson Forty Fund (JARTX). 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.
| JDBAX | JARTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 0.59 | +0.32 |
Sortino ratioReturn per unit of downside risk | 1.39 | 1.00 | +0.39 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.13 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 0.66 | +0.72 |
Martin ratioReturn relative to average drawdown | 5.47 | 2.24 | +3.23 |
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
| JDBAX | JARTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.59 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.34 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.68 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.56 | +0.08 |
Correlation
The correlation between JDBAX and JARTX is 0.91, 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
JDBAX vs. JARTX - Dividend Comparison
JDBAX's dividend yield for the trailing twelve months is around 8.67%, less than JARTX's 15.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JDBAX Janus Henderson Balanced Fund Class A | 8.67% | 8.62% | 11.67% | 2.08% | 1.76% | 4.34% | 2.35% | 4.62% | 6.84% | 5.05% | 2.43% | 5.68% |
JARTX Janus Henderson Forty Fund | 15.57% | 13.65% | 11.51% | 9.10% | 0.06% | 10.26% | 8.38% | 7.05% | 8.95% | 14.50% | 6.57% | 15.93% |
Drawdowns
JDBAX vs. JARTX - Drawdown Comparison
The maximum JDBAX drawdown since its inception was -34.14%, smaller than the maximum JARTX drawdown of -56.70%. Use the drawdown chart below to compare losses from any high point for JDBAX and JARTX.
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Drawdown Indicators
| JDBAX | JARTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.14% | -56.70% | +22.56% |
Max Drawdown (1Y)Largest decline over 1 year | -8.16% | -19.19% | +11.03% |
Max Drawdown (5Y)Largest decline over 5 years | -21.63% | -41.09% | +19.46% |
Max Drawdown (10Y)Largest decline over 10 years | -22.48% | -41.09% | +18.61% |
Current DrawdownCurrent decline from peak | -6.66% | -15.58% | +8.92% |
Average DrawdownAverage peak-to-trough decline | -5.42% | -16.91% | +11.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 5.62% | -3.57% |
Volatility
JDBAX vs. JARTX - Volatility Comparison
The current volatility for Janus Henderson Balanced Fund Class A (JDBAX) is 3.84%, while Janus Henderson Forty Fund (JARTX) has a volatility of 7.78%. This indicates that JDBAX experiences smaller price fluctuations and is considered to be less risky than JARTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JDBAX | JARTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.84% | 7.78% | -3.94% |
Volatility (6M)Calculated over the trailing 6-month period | 6.68% | 13.74% | -7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.10% | 22.93% | -10.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.31% | 21.98% | -10.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.22% | 21.38% | -10.16% |