JDBAX vs. PRWCX
Compare and contrast key facts about Janus Henderson Balanced Fund Class A (JDBAX) and T. Rowe Price Capital Appreciation Fund (PRWCX).
JDBAX is managed by Janus Henderson. It was launched on Sep 1, 1992. PRWCX is managed by T. Rowe Price. It was launched on Jun 30, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JDBAX or PRWCX.
Key characteristics
| JDBAX | PRWCX | |
|---|---|---|
| YTD Return | 16.70% | 14.60% |
| 1Y Return | 22.78% | 21.20% |
| 3Y Return (Ann) | 4.22% | 6.49% |
| 5Y Return (Ann) | 8.90% | 11.54% |
| 10Y Return (Ann) | 8.66% | 10.83% |
| Sharpe Ratio | 2.89 | 3.05 |
| Sortino Ratio | 4.11 | 4.28 |
| Omega Ratio | 1.55 | 1.59 |
| Calmar Ratio | 2.59 | 6.92 |
| Martin Ratio | 18.66 | 24.84 |
| Ulcer Index | 1.31% | 0.93% |
| Daily Std Dev | 8.47% | 7.57% |
| Max Drawdown | -33.09% | -41.77% |
| Current Drawdown | -0.35% | -0.21% |
Correlation
The correlation between JDBAX and PRWCX 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.
Performance
JDBAX vs. PRWCX - Performance Comparison
In the year-to-date period, JDBAX achieves a 16.70% return, which is significantly higher than PRWCX's 14.60% return. Over the past 10 years, JDBAX has underperformed PRWCX with an annualized return of 8.66%, while PRWCX has yielded a comparatively higher 10.83% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JDBAX vs. PRWCX - Expense Ratio Comparison
JDBAX has a 0.89% expense ratio, which is higher than PRWCX's 0.68% expense ratio.
Risk-Adjusted Performance
JDBAX vs. PRWCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Balanced Fund Class A (JDBAX) and T. Rowe Price Capital Appreciation Fund (PRWCX). 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.
Dividends
JDBAX vs. PRWCX - Dividend Comparison
JDBAX's dividend yield for the trailing twelve months is around 1.70%, less than PRWCX's 1.84% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JDBAX Janus Henderson Balanced Fund Class A | 1.70% | 2.08% | 0.91% | 0.67% | 1.22% | 1.63% | 1.68% | 1.69% | 1.99% | 1.50% | 1.72% | 1.51% |
PRWCX T. Rowe Price Capital Appreciation Fund | 1.84% | 2.11% | 1.57% | 0.95% | 1.17% | 1.54% | 2.53% | 1.31% | 1.57% | 1.52% | 1.42% | 1.13% |
Drawdowns
JDBAX vs. PRWCX - Drawdown Comparison
The maximum JDBAX drawdown since its inception was -33.09%, smaller than the maximum PRWCX drawdown of -41.77%. Use the drawdown chart below to compare losses from any high point for JDBAX and PRWCX. For additional features, visit the drawdowns tool.
Volatility
JDBAX vs. PRWCX - Volatility Comparison
Janus Henderson Balanced Fund Class A (JDBAX) has a higher volatility of 2.45% compared to T. Rowe Price Capital Appreciation Fund (PRWCX) at 2.28%. This indicates that JDBAX's price experiences larger fluctuations and is considered to be riskier than PRWCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.