JXX vs. GRW

Last updated Jun 5, 2026

JXX (Janus Henderson Transformational Growth ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep. JXX charges 0.57%/yr vs 0.75%/yr for GRW.

Performance

JXX vs. GRW - Performance Comparison

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

Returns By Period

JXX

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

GRW

• 1D: 0.18%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JXX vs. GRW - Yearly Performance Comparison

	2026 (YTD)
JXX Janus Henderson Transformational Growth ETF	3.71%
GRW TCW Durable Growth ETF	1.46%

Correlation

The correlation between JXX and GRW is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	1.00

Return for Risk

JXX vs. GRW — 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

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. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Transformational Growth ETF (JXX) and TCW Durable Growth ETF (GRW). 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	GRW	Difference
Sharpe ratio: Return per unit of total volatility	1.92	—	—
Sortino ratio: Return per unit of downside risk	2.61	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.15	—	—
Martin ratio: Return relative to average drawdown	6.99	—	—
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	GRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	13.58	-12.64

Drawdowns

JXX vs. GRW - Drawdown Comparison

The maximum JXX drawdown since its inception was -23.73%, which is greater than GRW's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for JXX and GRW.

Drawdown Indicators

	JXX	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-23.73%	-0.45%	-23.28%
Max Drawdown (1Y) Largest decline over 1 year	-18.02%	—	—
Current Drawdown Current decline from peak	-1.11%	-0.27%	-0.84%
Average Drawdown Average peak-to-trough decline	-5.46%	-0.17%	-5.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.54%	—	—

Volatility

Volatility by Period

	JXX	GRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.62%	—	—
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%	8.89%	+15.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.28%	8.89%	+15.39%

JXX vs. GRW - Expense Ratio Comparison

JXX has a 0.57% expense ratio, which is lower than GRW's 0.75% expense ratio.

Dividends

JXX vs. GRW - Dividend Comparison

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

Position	TTM	2025
GRW TCW Durable Growth ETF	0.00%	0.00%
JXX Janus Henderson Transformational Growth ETF	0.01%	0.04%

Frequently Asked Questions

Can I hold both JXX and GRW in my portfolio?

With a correlation of 1.00, JXX and GRW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, JXX or GRW?

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 GRW?

JXX is cheaper with a 0.57% expense ratio, compared with 0.75% for GRW.

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

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

What is the main difference between JXX and GRW?

They also come from different issuers: Janus Henderson and TCW. Their fees differ too: 0.57% for JXX and 0.75% for GRW.