JNRFX vs. VEA
Compare and contrast key facts about Janus Henderson Research Fund (JNRFX) and Vanguard FTSE Developed Markets ETF (VEA).
JNRFX is managed by Janus Henderson. It was launched on May 3, 1993. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JNRFX or VEA.
Key characteristics
| JNRFX | VEA | |
|---|---|---|
| YTD Return | 35.35% | 4.41% |
| 1Y Return | 38.25% | 12.40% |
| 3Y Return (Ann) | 4.19% | 0.86% |
| 5Y Return (Ann) | 11.42% | 5.70% |
| 10Y Return (Ann) | 6.60% | 5.31% |
| Sharpe Ratio | 2.35 | 1.18 |
| Sortino Ratio | 3.09 | 1.70 |
| Omega Ratio | 1.42 | 1.21 |
| Calmar Ratio | 2.00 | 1.56 |
| Martin Ratio | 12.17 | 6.25 |
| Ulcer Index | 3.33% | 2.47% |
| Daily Std Dev | 17.24% | 13.11% |
| Max Drawdown | -43.98% | -60.70% |
| Current Drawdown | -0.20% | -7.84% |
Correlation
The correlation between JNRFX and VEA is 0.76, 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.
Performance
JNRFX vs. VEA - Performance Comparison
In the year-to-date period, JNRFX achieves a 35.35% return, which is significantly higher than VEA's 4.41% return. Over the past 10 years, JNRFX has outperformed VEA with an annualized return of 6.60%, while VEA has yielded a comparatively lower 5.31% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JNRFX vs. VEA - Expense Ratio Comparison
JNRFX has a 0.66% expense ratio, which is higher than VEA's 0.05% expense ratio.
Risk-Adjusted Performance
JNRFX vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Research Fund (JNRFX) and Vanguard FTSE Developed Markets ETF (VEA). 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.
Dividends
JNRFX vs. VEA - Dividend Comparison
JNRFX's dividend yield for the trailing twelve months is around 0.04%, less than VEA's 3.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNRFX Janus Henderson Research Fund | 0.04% | 0.05% | 0.19% | 0.00% | 0.11% | 0.86% | 0.36% | 0.42% | 0.29% | 0.45% | 0.38% | 0.44% |
VEA Vanguard FTSE Developed Markets ETF | 3.06% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% | 2.60% |
Drawdowns
JNRFX vs. VEA - Drawdown Comparison
The maximum JNRFX drawdown since its inception was -43.98%, smaller than the maximum VEA drawdown of -60.70%. Use the drawdown chart below to compare losses from any high point for JNRFX and VEA. For additional features, visit the drawdowns tool.
Volatility
JNRFX vs. VEA - Volatility Comparison
Janus Henderson Research Fund (JNRFX) has a higher volatility of 4.75% compared to Vanguard FTSE Developed Markets ETF (VEA) at 3.77%. This indicates that JNRFX's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.