Correlation
The correlation between JMUIX and SPY is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
JMUIX vs. SPY
Compare and contrast key facts about Janus Henderson Multi-Sector Income Fund (JMUIX) and SPDR S&P 500 ETF (SPY).
JMUIX is managed by Janus Henderson. It was launched on Feb 27, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMUIX or SPY.
Performance
JMUIX vs. SPY - Performance Comparison
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Key characteristics
JMUIX:
2.38
SPY:
0.67
JMUIX:
3.65
SPY:
1.03
JMUIX:
1.47
SPY:
1.15
JMUIX:
2.75
SPY:
0.69
JMUIX:
10.14
SPY:
2.61
JMUIX:
0.82%
SPY:
4.92%
JMUIX:
3.77%
SPY:
20.44%
JMUIX:
-16.27%
SPY:
-55.19%
JMUIX:
0.00%
SPY:
-3.44%
Returns By Period
In the year-to-date period, JMUIX achieves a 2.45% return, which is significantly higher than SPY's 0.98% return. Over the past 10 years, JMUIX has underperformed SPY with an annualized return of 3.79%, while SPY has yielded a comparatively higher 12.73% annualized return.
JMUIX
2.45%
0.57%
2.85%
8.87%
5.03%
4.06%
3.79%
SPY
0.98%
6.45%
-0.84%
13.58%
14.08%
15.83%
12.73%
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JMUIX vs. SPY - Expense Ratio Comparison
JMUIX has a 0.69% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
JMUIX vs. SPY — Risk-Adjusted Performance Rank
JMUIX
SPY
JMUIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Multi-Sector Income Fund (JMUIX) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
JMUIX vs. SPY - Dividend Comparison
JMUIX's dividend yield for the trailing twelve months is around 6.86%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMUIX Janus Henderson Multi-Sector Income Fund | 6.86% | 7.01% | 6.67% | 5.15% | 4.25% | 4.65% | 5.01% | 4.69% | 5.78% | 5.15% | 4.87% | 4.37% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
JMUIX vs. SPY - Drawdown Comparison
The maximum JMUIX drawdown since its inception was -16.27%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JMUIX and SPY.
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Volatility
JMUIX vs. SPY - Volatility Comparison
The current volatility for Janus Henderson Multi-Sector Income Fund (JMUIX) is 0.99%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.85%. This indicates that JMUIX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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