JGMNX vs. ANOIX

Last updated Jun 26, 2026

JGMNX (Janus Henderson Triton Fund Class N) and ANOIX (American Century Small Cap Growth Fund) are both Small Cap Growth Equities funds. Over the past 10 years, JGMNX returned 11.15%/yr vs 14.62%/yr for ANOIX. Their correlation of 0.95 suggests significant overlap in exposure. JGMNX charges 0.67%/yr vs 1.17%/yr for ANOIX.

Performance

JGMNX vs. ANOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Triton Fund Class N (JGMNX) and American Century Small Cap Growth Fund (ANOIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JGMNX achieves a 15.07% return, which is significantly lower than ANOIX's 16.76% return. Over the past 10 years, JGMNX has underperformed ANOIX with an annualized return of 11.15%, while ANOIX has yielded a comparatively higher 14.62% annualized return.

JGMNX

• 1D: 0.96%
• 1M: 2.18%
• YTD: 15.07%
• 6M: 12.71%
• 1Y: 26.23%
• 3Y*: 14.55%
• 5Y*: 4.21%
• 10Y*: 11.15%

ANOIX

• 1D: 0.83%
• 1M: 4.53%
• YTD: 16.76%
• 6M: 13.32%
• 1Y: 26.38%
• 3Y*: 16.33%
• 5Y*: 4.62%
• 10Y*: 14.62%

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

JGMNX vs. ANOIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JGMNX Janus Henderson Triton Fund Class N	15.07%	9.78%	10.55%	14.83%	-23.56%	6.88%	28.75%	28.60%	-5.03%	27.24%
ANOIX American Century Small Cap Growth Fund	16.76%	9.00%	14.90%	17.13%	-26.41%	7.80%	51.07%	36.75%	-4.84%	25.83%

Correlation

The correlation between JGMNX and ANOIX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since May 31, 2012	0.95

The correlation between JGMNX and ANOIX has been stable across timeframes, ranging from 0.94 to 0.95 - a consistent structural relationship.

Return for Risk

JGMNX vs. ANOIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JGMNX

JGMNX Risk / Return Rank: 45
JGMNX Sharpe Ratio Rank: 41
JGMNX Sortino Ratio Rank: 43
JGMNX Omega Ratio Rank: 35
JGMNX Calmar Ratio Rank: 50
JGMNX Martin Ratio Rank: 56

ANOIX

ANOIX Risk / Return Rank: 31
ANOIX Sharpe Ratio Rank: 25
ANOIX Sortino Ratio Rank: 28
ANOIX Omega Ratio Rank: 24
ANOIX Calmar Ratio Rank: 37
ANOIX Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JGMNX vs. ANOIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Triton Fund Class N (JGMNX) and American Century Small Cap Growth Fund (ANOIX). 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.

	JGMNX	ANOIX	Difference
Sharpe ratio: Return per unit of total volatility	1.53	1.21	+0.32
Sortino ratio: Return per unit of downside risk	2.25	1.82	+0.43
Omega ratio: Gain probability vs. loss probability	1.26	1.21	+0.05
Calmar ratio: Return relative to maximum drawdown	2.31	2.01	+0.31
Martin ratio: Return relative to average drawdown	9.48	7.50	+1.97

JGMNX vs. ANOIX - Sharpe Ratio Comparison

The current JGMNX Sharpe Ratio is 1.53, which is comparable to the ANOIX Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of JGMNX and ANOIX, 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

JGMNX vs. ANOIX - Drawdown Comparison

The maximum JGMNX drawdown since its inception was -39.72%, smaller than the maximum ANOIX drawdown of -59.47%. Use the drawdown chart below to compare losses from any high point for JGMNX and ANOIX.

Drawdown Indicators

	JGMNX	ANOIX	Difference
Max Drawdown Largest peak-to-trough decline	-39.72%	-59.47%	+19.75%
Max Drawdown (1Y) Largest decline over 1 year	-11.03%	-12.49%	+1.46%
Max Drawdown (3Y) Largest decline over 3 years	-23.84%	-25.57%	+1.73%
Max Drawdown (5Y) Largest decline over 5 years	-31.74%	-37.15%	+5.41%
Max Drawdown (10Y) Largest decline over 10 years	-39.72%	-39.07%	-0.65%
Current Drawdown Current decline from peak	-0.06%	-0.94%	+0.88%
Average Drawdown Average peak-to-trough decline	-7.11%	-11.96%	+4.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.69%	3.33%	-0.64%

Volatility

JGMNX vs. ANOIX - Volatility Comparison

The current volatility for Janus Henderson Triton Fund Class N (JGMNX) is 5.87%, while American Century Small Cap Growth Fund (ANOIX) has a volatility of 7.32%. This indicates that JGMNX experiences smaller price fluctuations and is considered to be less risky than ANOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JGMNX	ANOIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.87%	7.32%	-1.45%
Volatility (6M) Calculated over the trailing 6-month period	13.25%	15.97%	-2.72%
Volatility (1Y) Calculated over the trailing 1-year period	16.77%	20.75%	-3.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.72%	23.09%	-3.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.59%	23.33%	-2.74%

JGMNX vs. ANOIX - Expense Ratio Comparison

JGMNX has a 0.67% expense ratio, which is lower than ANOIX's 1.17% expense ratio.

Dividends

JGMNX vs. ANOIX - Dividend Comparison

JGMNX's dividend yield for the trailing twelve months is around 9.44%, more than ANOIX's 6.51% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANOIX American Century Small Cap Growth Fund	6.51%	7.60%	0.11%	0.00%	0.00%	21.29%	11.07%	5.50%	16.59%	3.93%	0.00%	0.00%
JGMNX Janus Henderson Triton Fund Class N	9.44%	10.86%	7.35%	6.96%	6.10%	19.99%	4.06%	4.20%	7.41%	5.03%	2.96%	7.71%

Frequently Asked Questions

Can I hold both JGMNX and ANOIX in my portfolio?

With a correlation of 0.94, JGMNX and ANOIX 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, JGMNX or ANOIX?

ANOIX has higher volatility (7.32%) compared to JGMNX (5.87%). In terms of maximum drawdown, JGMNX dropped -39.72% vs ANOIX's -59.47%.

Which has better risk-adjusted returns?

JGMNX currently has the higher Sharpe Ratio (1.52 vs 1.21), 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.