JDDVX vs. GSGRX

Last updated Aug 5, 2026

JDDVX (Janus Henderson U.S. Dividend Income Fund Class D) and GSGRX (Goldman Sachs Equity Income Fund) are both Dividend funds. Over the past 3 years, JDDVX returned 18.63%/yr vs 21.43%/yr for GSGRX. Their correlation of 0.91 means they have usually moved in the same direction. JDDVX charges 0.81%/yr vs 1.20%/yr for GSGRX.

Performance

JDDVX vs. GSGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson U.S. Dividend Income Fund Class D (JDDVX) and Goldman Sachs Equity Income Fund (GSGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JDDVX achieves a 17.25% return, which is significantly lower than GSGRX's 19.46% return.

JDDVX

• 1D: 0.86%
• 1M: 3.66%
• 6M: 12.14%
• YTD: 17.25%
• 1Y: 24.83%
• 3Y*: 18.63%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.11%

GSGRX

• 1D: 0.69%
• 1M: 3.04%
• 6M: 14.25%
• YTD: 19.46%
• 1Y: 26.41%
• 3Y*: 21.43%
• 5Y*: 13.13%
• 10Y*: 11.72%
• ALL TIME*: 8.42%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GSGRX Goldman Sachs Equity Income Fund	$0.00	$0.00	$0.00
JDDVX Janus Henderson U.S. Dividend Income Fund Class D	$0.00	$0.00	$0.00

JDDVX vs. GSGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
JDDVX Janus Henderson U.S. Dividend Income Fund Class D	17.25%	17.68%	17.56%	8.13%
GSGRX Goldman Sachs Equity Income Fund	19.46%	12.48%	25.98%	11.32%

Correlation

The correlation between JDDVX and GSGRX is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.91
Correlation (All Time) Calculated using the full available price history since May 17, 2023	0.91

The correlation between JDDVX and GSGRX has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

Return for Risk

JDDVX vs. GSGRX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JDDVX

JDDVX Risk / Return Rank: 88
JDDVX Sharpe Ratio Rank: 90
JDDVX Sortino Ratio Rank: 88
JDDVX Omega Ratio Rank: 84
JDDVX Calmar Ratio Rank: 86
JDDVX Martin Ratio Rank: 90

GSGRX

GSGRX Risk / Return Rank: 95
GSGRX Sharpe Ratio Rank: 96
GSGRX Sortino Ratio Rank: 94
GSGRX Omega Ratio Rank: 91
GSGRX Calmar Ratio Rank: 96
GSGRX Martin Ratio Rank: 97

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JDDVX vs. GSGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson U.S. Dividend Income Fund Class D (JDDVX) and Goldman Sachs Equity Income Fund (GSGRX). 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.

	JDDVX	GSGRX	Difference
Sharpe ratio: Return per unit of total volatility	2.36	2.73	-0.37
Sortino ratio: Return per unit of downside risk	3.30	3.85	-0.56
Omega ratio: Gain probability vs. loss probability	1.42	1.49	-0.07
Calmar ratio: Return relative to maximum drawdown	3.36	5.14	-1.78
Martin ratio: Return relative to average drawdown	13.69	20.31	-6.61

JDDVX vs. GSGRX - Sharpe Ratio Comparison

The current JDDVX Sharpe Ratio is 2.36, which is comparable to the GSGRX Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of JDDVX and GSGRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JDDVX vs. GSGRX - Drawdown Comparison

The maximum JDDVX drawdown since its inception was -17.21%, smaller than the maximum GSGRX drawdown of -54.44%. Use the drawdown chart below to compare losses from any high point for JDDVX and GSGRX.

Drawdown Indicators

	JDDVX	GSGRX	Difference
Max Drawdown Largest peak-to-trough decline	-17.21%	-54.44%	+37.23%
Max Drawdown (1Y) Largest decline over 1 year	-7.99%	-5.48%	-2.51%
Max Drawdown (3Y) Largest decline over 3 years	-17.21%	-19.02%	+1.81%
Max Drawdown (5Y) Largest decline over 5 years	—	-19.02%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.11%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.12%	-10.33%	+8.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	1.38%	+0.58%

Volatility

JDDVX vs. GSGRX - Volatility Comparison

The current volatility for Janus Henderson U.S. Dividend Income Fund Class D (JDDVX) is 2.28%, while Goldman Sachs Equity Income Fund (GSGRX) has a volatility of 2.61%. This indicates that JDDVX experiences smaller price fluctuations and is considered to be less risky than GSGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JDDVX	GSGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.28%	2.61%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	8.74%	7.89%	+0.85%
Volatility (1Y) Calculated over the trailing 1-year period	11.42%	10.35%	+1.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.14%	16.11%	-2.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.14%	17.14%	-4.00%

JDDVX vs. GSGRX - Expense Ratio Comparison

JDDVX has a 0.81% expense ratio, which is lower than GSGRX's 1.20% expense ratio.

Dividends

JDDVX vs. GSGRX - Dividend Comparison

JDDVX's dividend yield for the trailing twelve months is around 2.89%, less than GSGRX's 8.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GSGRX Goldman Sachs Equity Income Fund	8.36%	9.72%	18.35%	4.70%	4.42%	8.01%	1.52%	5.56%	2.67%	1.69%	1.79%	1.90%
JDDVX Janus Henderson U.S. Dividend Income Fund Class D	2.89%	3.18%	8.18%	1.53%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JDDVX and GSGRX in my portfolio?

With a correlation of 0.90, JDDVX and GSGRX 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.

Which is riskier, JDDVX or GSGRX?

GSGRX has higher volatility (2.61%) compared to JDDVX (2.28%). In terms of maximum drawdown, JDDVX dropped -17.21% vs GSGRX's -54.44%.

Which has better risk-adjusted returns?

GSGRX currently has the higher Sharpe Ratio (2.73 vs 2.36), 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.