JXX vs. BBHL

Last updated Jun 6, 2026

JXX (Janus Henderson Transformational Growth ETF) and BBHL (BBH Select Large Cap ETF) are both Large Cap Growth Equities funds. JXX is actively managed, while BBHL is passively managed. A 0.78 correlation means they provide meaningful diversification when combined. JXX charges 0.57%/yr vs 0.71%/yr for BBHL.

Performance

JXX vs. BBHL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Transformational Growth ETF (JXX) and BBH Select Large Cap ETF (BBHL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JXX achieves a 13.01% return, which is significantly higher than BBHL's 4.22% return.

JXX

• 1D: -4.80%
• 1M: 2.39%
• YTD: 13.01%
• 6M: 12.14%
• 1Y: 32.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBHL

• 1D: -2.04%
• 1M: 0.53%
• YTD: 4.22%
• 6M: 4.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JXX vs. BBHL - Yearly Performance Comparison

	2026 (YTD)	2025
JXX Janus Henderson Transformational Growth ETF	13.01%	3.19%
BBHL BBH Select Large Cap ETF	4.22%	2.72%

Correlation

The correlation between JXX and BBHL is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025	0.78

Return for Risk

JXX vs. BBHL — Risk / Return Rank

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

JXX

JXX Risk / Return Rank: 43
JXX Sharpe Ratio Rank: 48
JXX Sortino Ratio Rank: 46
JXX Omega Ratio Rank: 45
JXX Calmar Ratio Rank: 38
JXX Martin Ratio Rank: 40

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.

JXX vs. BBHL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Transformational Growth ETF (JXX) and BBH Select Large Cap ETF (BBHL). 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.

	JXX	BBHL	Difference
Sharpe ratio: Return per unit of total volatility	1.55	—	—
Sortino ratio: Return per unit of downside risk	2.12	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.78	—	—
Martin ratio: Return relative to average drawdown	5.79	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JXX	BBHL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	1.03	-0.29

Drawdowns

JXX vs. BBHL - Drawdown Comparison

The maximum JXX drawdown since its inception was -23.73%, which is greater than BBHL's maximum drawdown of -11.99%. Use the drawdown chart below to compare losses from any high point for JXX and BBHL.

Drawdown Indicators

	JXX	BBHL	Difference
Max Drawdown Largest peak-to-trough decline	-23.73%	-11.99%	-11.74%
Max Drawdown (1Y) Largest decline over 1 year	-18.02%	—	—
Current Drawdown Current decline from peak	-5.86%	-2.04%	-3.82%
Average Drawdown Average peak-to-trough decline	-5.46%	-2.98%	-2.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.55%	—	—

Volatility

Volatility by Period

	JXX	BBHL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	20.80%	12.98%	+7.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.62%	12.98%	+11.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.62%	12.98%	+11.64%

JXX vs. BBHL - Expense Ratio Comparison

JXX has a 0.57% expense ratio, which is lower than BBHL's 0.71% expense ratio.

Dividends

JXX vs. BBHL - Dividend Comparison

JXX's dividend yield for the trailing twelve months is around 0.01%, while BBHL has not paid dividends to shareholders.

Position	TTM	2025
BBHL BBH Select Large Cap ETF	0.00%	0.00%
JXX Janus Henderson Transformational Growth ETF	0.01%	0.04%

Frequently Asked Questions

Can I hold both JXX and BBHL in my portfolio?

JXX and BBHL have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JXX or BBHL?

On fees, JXX is cheaper at 0.57% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JXX or BBHL?

JXX is cheaper with a 0.57% expense ratio, compared with 0.71% for BBHL.

Which ETF pays a higher dividend yield, JXX or BBHL?

JXX has the higher dividend yield at 0.01%, compared with 0.00% for BBHL.

What is the main difference between JXX and BBHL?

They also come from different issuers: Janus Henderson and BBH. Their fees differ too: 0.57% for JXX and 0.71% for BBHL.