JHG vs. GE

Last updated Jun 3, 2026

JHG (Janus Henderson Group plc) and GE (General Electric Company) are both stocks. JHG operates in Asset Management (Financial Services), while GE operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, JHG returned 9.57%/yr vs 9.55%/yr for GE. At a 0.48 correlation, their price movements are largely independent.

Performance

JHG vs. GE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Group plc (JHG) and General Electric Company (GE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JHG achieves a 8.79% return, which is significantly higher than GE's 3.30% return. Both investments have delivered pretty close results over the past 10 years, with JHG having a 9.57% annualized return and GE not far behind at 9.55%.

JHG

• 1D: 0.04%
• 1M: 0.29%
• YTD: 8.79%
• 6M: 19.08%
• 1Y: 45.51%
• 3Y*: 28.61%
• 5Y*: 10.45%
• 10Y*: 9.57%

GE

• 1D: -2.12%
• 1M: 10.89%
• YTD: 3.30%
• 6M: 10.10%
• 1Y: 29.06%
• 3Y*: 56.36%
• 5Y*: 35.88%
• 10Y*: 9.55%

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

JHG vs. GE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JHG Janus Henderson Group plc	8.79%	16.22%	47.54%	36.00%	-40.46%	34.18%	41.87%	25.86%	-43.21%	38.52%
GE General Electric Company	3.30%	85.73%	64.83%	95.71%	-10.92%	9.69%	-2.73%	54.00%	-55.39%	-42.92%

Correlation

The correlation between JHG and GE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jun 27, 2000	0.48

Over the past year, the correlation between JHG and GE has dropped to 0.11 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.

Fundamentals

EPS JHG : $6.70 GE : $8.15
PE Ratio JHG : 7.73 GE : 38.98
PEG Ratio JHG : 0.38 GE : 0.01
PS Ratio JHG : 1.88 GE : 6.98
Total Revenue (TTM) JHG : $3.17B GE : $48.35B
Gross Profit (TTM) JHG : $2.26B GE : $16.84B
EBITDA (TTM) JHG : $771.20M GE : $11.01B

Return for Risk

JHG vs. GE — Risk / Return Rank

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

JHG

JHG Risk / Return Rank: 90
JHG Sharpe Ratio Rank: 88
JHG Sortino Ratio Rank: 90
JHG Omega Ratio Rank: 92
JHG Calmar Ratio Rank: 89
JHG Martin Ratio Rank: 92

GE

GE Risk / Return Rank: 66
GE Sharpe Ratio Rank: 69
GE Sortino Ratio Rank: 63
GE Omega Ratio Rank: 62
GE Calmar Ratio Rank: 67
GE Martin Ratio Rank: 70

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.

JHG vs. GE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Group plc (JHG) and General Electric Company (GE). 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.

	JHG	GE	Difference
Sharpe ratio Return per unit of total volatility	2.09	0.94	+1.15
Sortino ratio Return per unit of downside risk	3.26	1.41	+1.85
Omega ratio Gain probability vs. loss probability	1.49	1.18	+0.31
Calmar ratio Return relative to maximum drawdown	4.57	1.43	+3.14
Martin ratio Return relative to average drawdown	14.30	3.87	+10.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JHG vs. GE - Sharpe Ratio Comparison

The current JHG Sharpe Ratio is 2.09, which is higher than the GE Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of JHG and GE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JHG	GE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.09	0.94	+1.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	1.17	-0.83
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.28	0.26	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	0.32	-0.32

Drawdowns

JHG vs. GE - Drawdown Comparison

The maximum JHG drawdown since its inception was -92.68%, which is greater than GE's maximum drawdown of -85.53%. Use the drawdown chart below to compare losses from any high point for JHG and GE.

Drawdown Indicators

	JHG	GE	Difference
Max Drawdown Largest peak-to-trough decline	-92.68%	-85.53%	-7.15%
Max Drawdown (1Y) Largest decline over 1 year	-9.86%	-20.85%	+10.99%
Max Drawdown (3Y) Largest decline over 3 years	-35.29%	-21.36%	-13.93%
Max Drawdown (5Y) Largest decline over 5 years	-57.36%	-45.05%	-12.31%
Max Drawdown (10Y) Largest decline over 10 years	-67.21%	-81.18%	+13.97%
Current Drawdown Current decline from peak	-29.96%	-7.97%	-21.99%
Average Drawdown Average peak-to-trough decline	-67.18%	-25.79%	-41.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.16%	7.73%	-4.57%

Volatility

JHG vs. GE - Volatility Comparison

The current volatility for Janus Henderson Group plc (JHG) is 0.46%, while General Electric Company (GE) has a volatility of 11.12%. This indicates that JHG experiences smaller price fluctuations and is considered to be less risky than GE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JHG	GE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.46%	11.12%	-10.66%
Volatility (6M) Calculated over the trailing 6-month period	9.73%	26.63%	-16.90%
Volatility (1Y) Calculated over the trailing 1-year period	21.89%	31.06%	-9.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.48%	30.96%	+0.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.18%	36.31%	-2.13%

Dividends

JHG vs. GE - Dividend Comparison

JHG's dividend yield for the trailing twelve months is around 1.55%, more than GE's 0.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GE General Electric Company	0.49%	0.47%	0.67%	0.25%	0.38%	0.34%	0.37%	4.12%	4.89%	4.81%	2.94%	2.95%
JHG Janus Henderson Group plc	1.55%	3.34%	3.67%	5.17%	6.59%	3.58%	4.43%	5.89%	6.76%	1.67%	0.00%	0.00%

Financials

JHG vs. GE - Profitability Comparison

The chart below illustrates the profitability comparison between Janus Henderson Group plc and General Electric Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

JHG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Janus Henderson Group plc reported a gross profit of 489.00M and revenue of 690.00M. Therefore, the gross margin over that period was 70.9%.

GE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, General Electric Company reported a gross profit of 3.85B and revenue of 12.39B. Therefore, the gross margin over that period was 31.0%.

JHG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Janus Henderson Group plc reported an operating income of 113.90M and revenue of 690.00M, resulting in an operating margin of 16.5%.

GE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, General Electric Company reported an operating income of 1.70B and revenue of 12.39B, resulting in an operating margin of 13.7%.

JHG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Janus Henderson Group plc reported a net income of 90.90M and revenue of 690.00M, resulting in a net margin of 13.2%.

GE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, General Electric Company reported a net income of 1.94B and revenue of 12.39B, resulting in a net margin of 15.6%.

Frequently Asked Questions

Can I hold both JHG and GE in my portfolio?

JHG and GE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JHG or GE?

GE has higher volatility (11.12%) compared to JHG (0.46%). In terms of maximum drawdown, JHG dropped -92.68% vs GE's -85.53%.

Which has better risk-adjusted returns?

JHG currently has the higher Sharpe Ratio (2.09 vs 0.94), 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.