JXX vs. DLN

Last updated Jun 5, 2026

JXX (Janus Henderson Transformational Growth ETF) and DLN (WisdomTree US LargeCap Dividend ETF) are both Large Cap Growth Equities funds. JXX is actively managed, while DLN is passively managed. Over the past year, JXX returned 38.60% vs 23.83% for DLN. A 0.54 correlation means they provide meaningful diversification when combined. JXX charges 0.57%/yr vs 0.28%/yr for DLN.

Performance

JXX vs. DLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Transformational Growth ETF (JXX) and WisdomTree US LargeCap Dividend ETF (DLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JXX achieves a 18.71% return, which is significantly higher than DLN's 10.76% return.

JXX

• 1D: 0.44%
• 1M: 10.79%
• YTD: 18.71%
• 6M: 17.45%
• 1Y: 38.60%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DLN

• 1D: 0.76%
• 1M: 3.16%
• YTD: 10.76%
• 6M: 10.83%
• 1Y: 23.83%
• 3Y*: 18.78%
• 5Y*: 12.39%
• 10Y*: 12.72%

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

JXX vs. DLN - Yearly Performance Comparison

	2026 (YTD)	2025
JXX Janus Henderson Transformational Growth ETF	18.71%	10.47%
DLN WisdomTree US LargeCap Dividend ETF	10.76%	11.18%

Correlation

The correlation between JXX and DLN is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025	0.54

The correlation between JXX and DLN has been stable across timeframes, ranging from 0.48 to 0.54 - a consistent structural relationship.

Return for Risk

JXX vs. DLN — Risk / Return Rank

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

JXX

JXX Risk / Return Rank: 51
JXX Sharpe Ratio Rank: 58
JXX Sortino Ratio Rank: 55
JXX Omega Ratio Rank: 53
JXX Calmar Ratio Rank: 44
JXX Martin Ratio Rank: 44

DLN

DLN Risk / Return Rank: 83
DLN Sharpe Ratio Rank: 83
DLN Sortino Ratio Rank: 86
DLN Omega Ratio Rank: 82
DLN Calmar Ratio Rank: 78
DLN Martin Ratio Rank: 83

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. DLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Transformational Growth ETF (JXX) and WisdomTree US LargeCap Dividend ETF (DLN). 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	DLN	Difference
Sharpe ratio: Return per unit of total volatility	1.92	2.70	-0.78
Sortino ratio: Return per unit of downside risk	2.61	3.86	-1.25
Omega ratio: Gain probability vs. loss probability	1.33	1.49	-0.16
Calmar ratio: Return relative to maximum drawdown	2.15	3.93	-1.77
Martin ratio: Return relative to average drawdown	6.99	16.60	-9.61
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JXX vs. DLN - Sharpe Ratio Comparison

The current JXX Sharpe Ratio is 1.92, which is comparable to the DLN Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of JXX and DLN, 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

	JXX	DLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	2.70	-0.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.94	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.53	+0.41

Drawdowns

JXX vs. DLN - Drawdown Comparison

The maximum JXX drawdown since its inception was -23.73%, smaller than the maximum DLN drawdown of -57.84%. Use the drawdown chart below to compare losses from any high point for JXX and DLN.

Drawdown Indicators

	JXX	DLN	Difference
Max Drawdown Largest peak-to-trough decline	-23.73%	-57.84%	+34.11%
Max Drawdown (1Y) Largest decline over 1 year	-18.02%	-6.10%	-11.92%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.26%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.82%	—
Current Drawdown Current decline from peak	-1.11%	0.00%	-1.11%
Average Drawdown Average peak-to-trough decline	-5.46%	-7.52%	+2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.54%	1.44%	+4.10%

Volatility

JXX vs. DLN - Volatility Comparison

Janus Henderson Transformational Growth ETF (JXX) has a higher volatility of 6.45% compared to WisdomTree US LargeCap Dividend ETF (DLN) at 2.22%. This indicates that JXX's price experiences larger fluctuations and is considered to be riskier than DLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JXX	DLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.45%	2.22%	+4.23%
Volatility (6M) Calculated over the trailing 6-month period	15.62%	6.80%	+8.82%
Volatility (1Y) Calculated over the trailing 1-year period	20.21%	8.89%	+11.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.28%	13.27%	+11.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.28%	16.15%	+8.13%

JXX vs. DLN - Expense Ratio Comparison

JXX has a 0.57% expense ratio, which is higher than DLN's 0.28% expense ratio.

Dividends

JXX vs. DLN - Dividend Comparison

JXX's dividend yield for the trailing twelve months is around 0.01%, less than DLN's 1.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DLN WisdomTree US LargeCap Dividend ETF	1.78%	1.90%	2.00%	2.43%	2.53%	2.01%	2.66%	2.51%	2.90%	2.33%	2.64%	2.80%
JXX Janus Henderson Transformational Growth ETF	0.01%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JXX and DLN in my portfolio?

JXX and DLN have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JXX or DLN?

JXX has higher volatility (6.45%) compared to DLN (2.22%). In terms of maximum drawdown, JXX dropped -23.73% vs DLN's -57.84%.

Which ETF is better, JXX or DLN?

On 1-year performance, JXX leads with 38.60% vs 23.83% for DLN. On fees, DLN is cheaper at 0.28% per year. On volatility, DLN has been the lower-risk option at 2.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JXX or DLN?

Over the 1-year period, JXX has performed better with a 38.60% return vs 23.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JXX or DLN?

DLN is cheaper with a 0.28% expense ratio, compared with 0.57% for JXX.

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

DLN has the higher dividend yield at 1.78%, compared with 0.01% for JXX.

What is the main difference between JXX and DLN?

They also come from different issuers: Janus Henderson and WisdomTree. Their fees differ too: 0.57% for JXX and 0.28% for DLN.

Which has better risk-adjusted returns?

DLN currently has the higher Sharpe Ratio (2.70 vs 1.92), 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.