JNRFX vs. WOGSX

Last updated Jun 5, 2026

JNRFX (Janus Henderson Research Fund) and WOGSX (White Oak Select Growth Fund) are both mutual funds - JNRFX is a Large Cap Growth Equities fund managed by Janus Henderson, while WOGSX is a Large Cap Blend Equities fund managed by Oak Associates. Over the past 10 years, JNRFX returned 16.58%/yr vs 14.39%/yr for WOGSX. Their correlation of 0.86 suggests significant overlap in exposure. JNRFX charges 0.66%/yr vs 0.89%/yr for WOGSX.

Performance

JNRFX vs. WOGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Research Fund (JNRFX) and White Oak Select Growth Fund (WOGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JNRFX achieves a 7.74% return, which is significantly lower than WOGSX's 11.03% return. Over the past 10 years, JNRFX has outperformed WOGSX with an annualized return of 16.58%, while WOGSX has yielded a comparatively lower 14.39% annualized return.

JNRFX

• 1D: -1.38%
• 1M: 5.65%
• YTD: 7.74%
• 6M: 7.15%
• 1Y: 22.88%
• 3Y*: 25.77%
• 5Y*: 14.29%
• 10Y*: 16.58%

WOGSX

• 1D: 0.08%
• 1M: 3.28%
• YTD: 11.03%
• 6M: 11.21%
• 1Y: 32.14%
• 3Y*: 23.58%
• 5Y*: 11.60%
• 10Y*: 14.39%

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

JNRFX vs. WOGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JNRFX Janus Henderson Research Fund	7.74%	18.45%	35.13%	43.14%	-29.96%	20.19%	32.82%	35.40%	-2.73%	25.90%
WOGSX White Oak Select Growth Fund	11.03%	24.07%	18.22%	26.48%	-25.72%	28.31%	18.91%	23.74%	-0.55%	19.75%

Correlation

The correlation between JNRFX and WOGSX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since May 5, 1993	0.86

The correlation between JNRFX and WOGSX shifts across timeframes, from 0.77 (1 year) to 0.88 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

JNRFX vs. WOGSX — Risk / Return Rank

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

JNRFX

JNRFX Risk / Return Rank: 22
JNRFX Sharpe Ratio Rank: 27
JNRFX Sortino Ratio Rank: 25
JNRFX Omega Ratio Rank: 25
JNRFX Calmar Ratio Rank: 16
JNRFX Martin Ratio Rank: 18

WOGSX

WOGSX Risk / Return Rank: 59
WOGSX Sharpe Ratio Rank: 64
WOGSX Sortino Ratio Rank: 58
WOGSX Omega Ratio Rank: 54
WOGSX Calmar Ratio Rank: 59
WOGSX Martin Ratio Rank: 59

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.

JNRFX vs. WOGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Research Fund (JNRFX) and White Oak Select Growth Fund (WOGSX). 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.

	JNRFX	WOGSX	Difference
Sharpe ratio: Return per unit of total volatility	1.50	2.34	-0.84
Sortino ratio: Return per unit of downside risk	2.08	3.19	-1.11
Omega ratio: Gain probability vs. loss probability	1.26	1.40	-0.14
Calmar ratio: Return relative to maximum drawdown	1.40	2.93	-1.54
Martin ratio: Return relative to average drawdown	4.81	11.60	-6.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JNRFX vs. WOGSX - Sharpe Ratio Comparison

The current JNRFX Sharpe Ratio is 1.50, which is lower than the WOGSX Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of JNRFX and WOGSX, 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

	JNRFX	WOGSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	2.34	-0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.58	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	0.73	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.43	+0.04

Drawdowns

JNRFX vs. WOGSX - Drawdown Comparison

The maximum JNRFX drawdown since its inception was -74.74%, smaller than the maximum WOGSX drawdown of -79.10%. Use the drawdown chart below to compare losses from any high point for JNRFX and WOGSX.

Drawdown Indicators

	JNRFX	WOGSX	Difference
Max Drawdown Largest peak-to-trough decline	-74.74%	-79.10%	+4.36%
Max Drawdown (1Y) Largest decline over 1 year	-17.05%	-11.20%	-5.85%
Max Drawdown (3Y) Largest decline over 3 years	-22.66%	-22.07%	-0.59%
Max Drawdown (5Y) Largest decline over 5 years	-36.48%	-31.56%	-4.92%
Max Drawdown (10Y) Largest decline over 10 years	-36.48%	-31.56%	-4.92%
Current Drawdown Current decline from peak	-1.61%	-0.68%	-0.93%
Average Drawdown Average peak-to-trough decline	-24.96%	-28.39%	+3.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.94%	2.83%	+2.11%

Volatility

JNRFX vs. WOGSX - Volatility Comparison

Janus Henderson Research Fund (JNRFX) has a higher volatility of 4.13% compared to White Oak Select Growth Fund (WOGSX) at 3.49%. This indicates that JNRFX's price experiences larger fluctuations and is considered to be riskier than WOGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JNRFX	WOGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	3.49%	+0.64%
Volatility (6M) Calculated over the trailing 6-month period	12.39%	10.66%	+1.73%
Volatility (1Y) Calculated over the trailing 1-year period	15.92%	14.04%	+1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.04%	19.95%	+2.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.33%	19.89%	+1.44%

JNRFX vs. WOGSX - Expense Ratio Comparison

JNRFX has a 0.66% expense ratio, which is lower than WOGSX's 0.89% expense ratio.

Dividends

JNRFX vs. WOGSX - Dividend Comparison

JNRFX's dividend yield for the trailing twelve months is around 11.08%, more than WOGSX's 7.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JNRFX Janus Henderson Research Fund	11.08%	11.94%	5.11%	2.93%	0.43%	13.01%	2.98%	10.37%	11.06%	8.22%	5.41%	9.21%
WOGSX White Oak Select Growth Fund	7.33%	8.14%	12.24%	5.00%	0.49%	5.18%	2.57%	1.81%	1.40%	0.66%	1.02%	0.64%

Frequently Asked Questions

Can I hold both JNRFX and WOGSX in my portfolio?

JNRFX and WOGSX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JNRFX or WOGSX?

JNRFX has higher volatility (4.13%) compared to WOGSX (3.49%). In terms of maximum drawdown, JNRFX dropped -74.74% vs WOGSX's -79.10%.

Which has better risk-adjusted returns?

WOGSX currently has the higher Sharpe Ratio (2.34 vs 1.50), 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.