JMGRX vs. SMCWX
Compare and contrast key facts about Janus Enterprise Fund Class I (JMGRX) and American Funds SMALLCAP World Fund Class A (SMCWX).
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. SMCWX is managed by American Funds. It was launched on Apr 30, 1990.
Performance
JMGRX vs. SMCWX - Performance Comparison
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JMGRX vs. SMCWX - 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% |
SMCWX American Funds SMALLCAP World Fund Class A | -1.05% | 14.07% | 2.33% | 18.86% | -29.90% | 10.14% | 37.46% | 30.79% | -9.75% | 26.85% |
Returns By Period
In the year-to-date period, JMGRX achieves a -5.96% return, which is significantly lower than SMCWX's -1.05% return. Over the past 10 years, JMGRX has outperformed SMCWX with an annualized return of 11.60%, while SMCWX has yielded a comparatively lower 9.04% 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%
SMCWX
- 1D
- 3.47%
- 1M
- -7.83%
- YTD
- -1.05%
- 6M
- 1.11%
- 1Y
- 20.45%
- 3Y*
- 8.86%
- 5Y*
- 0.17%
- 10Y*
- 9.04%
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JMGRX vs. SMCWX - Expense Ratio Comparison
JMGRX has a 0.76% expense ratio, which is lower than SMCWX's 1.02% expense ratio.
Return for Risk
JMGRX vs. SMCWX — Risk / Return Rank
JMGRX
SMCWX
JMGRX vs. SMCWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Enterprise Fund Class I (JMGRX) and American Funds SMALLCAP World Fund Class A (SMCWX). 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 | SMCWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.30 | 1.17 | -0.87 |
Sortino ratioReturn per unit of downside risk | 0.55 | 1.72 | -1.17 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.23 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.45 | 1.66 | -1.21 |
Martin ratioReturn relative to average drawdown | 1.57 | 6.37 | -4.80 |
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 | SMCWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.30 | 1.17 | -0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.01 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.51 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.57 | +0.01 |
Correlation
The correlation between JMGRX and SMCWX is 0.89, 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. SMCWX - Dividend Comparison
JMGRX's dividend yield for the trailing twelve months is around 7.93%, more than SMCWX's 4.90% 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% |
SMCWX American Funds SMALLCAP World Fund Class A | 4.90% | 4.84% | 0.60% | 0.64% | 0.00% | 9.24% | 1.60% | 4.24% | 7.06% | 4.48% | 0.35% | 6.49% |
Drawdowns
JMGRX vs. SMCWX - Drawdown Comparison
The maximum JMGRX drawdown since its inception was -55.48%, smaller than the maximum SMCWX drawdown of -62.46%. Use the drawdown chart below to compare losses from any high point for JMGRX and SMCWX.
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Drawdown Indicators
| JMGRX | SMCWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.48% | -62.46% | +6.98% |
Max Drawdown (1Y)Largest decline over 1 year | -12.56% | -11.83% | -0.73% |
Max Drawdown (5Y)Largest decline over 5 years | -24.21% | -39.79% | +15.58% |
Max Drawdown (10Y)Largest decline over 10 years | -38.25% | -39.79% | +1.54% |
Current DrawdownCurrent decline from peak | -8.99% | -10.12% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -5.75% | -14.98% | +9.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 3.08% | +0.52% |
Volatility
JMGRX vs. SMCWX - Volatility Comparison
The current volatility for Janus Enterprise Fund Class I (JMGRX) is 5.41%, while American Funds SMALLCAP World Fund Class A (SMCWX) has a volatility of 7.62%. This indicates that JMGRX experiences smaller price fluctuations and is considered to be less risky than SMCWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JMGRX | SMCWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 7.62% | -2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 11.82% | -1.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.66% | 17.93% | +0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.62% | 18.05% | -0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.67% | 17.76% | +0.91% |