JMGRX vs. BARAX
Compare and contrast key facts about Janus Enterprise Fund Class I (JMGRX) and Baron Asset Fund (BARAX).
JMGRX is a passively managed fund by Janus Henderson that tracks the performance of the Russell Midcap® Growth Index. It was launched on Sep 1, 1992. BARAX is managed by Baron Capital Group, Inc.. It was launched on Jun 12, 1987.
Performance
JMGRX vs. BARAX - Performance Comparison
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JMGRX vs. BARAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JMGRX Janus Enterprise Fund Class I | -5.96% | 7.66% | 15.28% | 18.03% | -15.99% | 17.07% | 20.43% | 35.28% | -0.88% | 26.36% |
BARAX Baron Asset Fund | -7.87% | 7.89% | 10.35% | 17.05% | -26.06% | 13.88% | 32.98% | 37.64% | -0.15% | 26.18% |
Returns By Period
In the year-to-date period, JMGRX achieves a -5.96% return, which is significantly higher than BARAX's -7.87% return. Over the past 10 years, JMGRX has outperformed BARAX with an annualized return of 11.60%, while BARAX has yielded a comparatively lower 10.32% annualized return.
JMGRX
- 1D
- 2.71%
- 1M
- -5.70%
- YTD
- -5.96%
- 6M
- -3.90%
- 1Y
- 5.15%
- 3Y*
- 8.29%
- 5Y*
- 4.92%
- 10Y*
- 11.60%
BARAX
- 1D
- 1.64%
- 1M
- -5.84%
- YTD
- -7.87%
- 6M
- -0.37%
- 1Y
- 2.50%
- 3Y*
- 6.84%
- 5Y*
- 1.42%
- 10Y*
- 10.32%
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JMGRX vs. BARAX - Expense Ratio Comparison
JMGRX has a 0.76% expense ratio, which is lower than BARAX's 1.29% expense ratio.
Return for Risk
JMGRX vs. BARAX — Risk / Return Rank
JMGRX
BARAX
JMGRX vs. BARAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Enterprise Fund Class I (JMGRX) and Baron Asset Fund (BARAX). 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.
| JMGRX | BARAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.30 | 0.13 | +0.17 |
Sortino ratioReturn per unit of downside risk | 0.55 | 0.35 | +0.20 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.04 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.45 | 0.36 | +0.09 |
Martin ratioReturn relative to average drawdown | 1.57 | 0.90 | +0.66 |
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
| JMGRX | BARAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.30 | 0.13 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.07 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.52 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.49 | +0.09 |
Correlation
The correlation between JMGRX and BARAX is 0.92, 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
JMGRX vs. BARAX - Dividend Comparison
JMGRX's dividend yield for the trailing twelve months is around 7.93%, less than BARAX's 12.49% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMGRX Janus Enterprise Fund Class I | 7.93% | 7.46% | 6.97% | 7.46% | 10.42% | 15.91% | 8.44% | 4.47% | 6.42% | 1.77% | 1.81% | 3.63% |
BARAX Baron Asset Fund | 12.49% | 11.51% | 19.23% | 3.48% | 0.01% | 7.65% | 3.05% | 1.78% | 7.42% | 7.25% | 4.88% | 11.50% |
Drawdowns
JMGRX vs. BARAX - Drawdown Comparison
The maximum JMGRX drawdown since its inception was -55.48%, smaller than the maximum BARAX drawdown of -59.71%. Use the drawdown chart below to compare losses from any high point for JMGRX and BARAX.
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Drawdown Indicators
| JMGRX | BARAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.48% | -59.71% | +4.23% |
Max Drawdown (1Y)Largest decline over 1 year | -12.56% | -11.12% | -1.44% |
Max Drawdown (5Y)Largest decline over 5 years | -24.21% | -37.53% | +13.32% |
Max Drawdown (10Y)Largest decline over 10 years | -38.25% | -37.53% | -0.72% |
Current DrawdownCurrent decline from peak | -8.99% | -9.28% | +0.29% |
Average DrawdownAverage peak-to-trough decline | -5.75% | -11.44% | +5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 4.44% | -0.84% |
Volatility
JMGRX vs. BARAX - Volatility Comparison
Janus Enterprise Fund Class I (JMGRX) has a higher volatility of 5.41% compared to Baron Asset Fund (BARAX) at 3.90%. This indicates that JMGRX's price experiences larger fluctuations and is considered to be riskier than BARAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JMGRX | BARAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 3.90% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 11.83% | -1.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.66% | 19.02% | -0.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.62% | 19.56% | -1.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.67% | 19.79% | -1.12% |