O vs. JANEX
O (Realty Income Corporation) is a stock, while JANEX (Janus Henderson Enterprise Fund) is Mid Cap Growth Equities fund managed by Janus Henderson. Over the past 10 years, O returned 4.89%/yr vs 12.78%/yr for JANEX. At a 0.38 correlation, their price movements are largely independent.
Performance
O vs. JANEX - Performance Comparison
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Returns By Period
In the year-to-date period, O achieves a 13.70% return, which is significantly higher than JANEX's 6.64% return. Over the past 10 years, O has underperformed JANEX with an annualized return of 4.89%, while JANEX has yielded a comparatively higher 12.78% annualized return.
O
- 1D
- 1.31%
- 1M
- 3.07%
- YTD
- 13.70%
- 6M
- 11.57%
- 1Y
- 14.88%
- 3Y*
- 6.59%
- 5Y*
- 3.49%
- 10Y*
- 4.89%
JANEX
- 1D
- 1.81%
- 1M
- 3.56%
- YTD
- 6.64%
- 6M
- 5.45%
- 1Y
- 14.58%
- 3Y*
- 12.53%
- 5Y*
- 6.91%
- 10Y*
- 12.78%
O vs. JANEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 13.70% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
JANEX Janus Henderson Enterprise Fund | 6.64% | 7.64% | 15.25% | 17.99% | -16.03% | 17.02% | 20.38% | 35.22% | -0.95% | 26.36% |
Correlation
The correlation between O and JANEX is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Oct 18, 1994 | 0.38 |
Over the past year, the correlation between O and JANEX has dropped to 0.12 - well below their long-term average of 0.38, suggesting their price drivers have been diverging.
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Return for Risk
O vs. JANEX — Risk / Return Rank
O
JANEX
O vs. JANEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Realty Income Corporation (O) and Janus Henderson Enterprise Fund (JANEX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| O | JANEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.17 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.29 | 1.15 | +0.14 |
| Martin ratioReturn relative to average drawdown | 3.12 | 3.99 | -0.87 |
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Drawdowns
O vs. JANEX - Drawdown Comparison
The maximum O drawdown since its inception was -48.45%, smaller than the maximum JANEX drawdown of -79.85%. Use the drawdown chart below to compare losses from any high point for O and JANEX.
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Drawdown Indicators
| O | JANEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.45% | -79.85% | +31.40% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -11.40% | +0.30% |
Max Drawdown (3Y)Largest decline over 3 years | -26.49% | -19.57% | -6.92% |
Max Drawdown (5Y)Largest decline over 5 years | -34.48% | -24.24% | -10.24% |
Max Drawdown (10Y)Largest decline over 10 years | -48.28% | -38.24% | -10.04% |
Current DrawdownCurrent decline from peak | -5.94% | -1.02% | -4.92% |
Average DrawdownAverage peak-to-trough decline | -9.20% | -25.09% | +15.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.58% | 3.28% | +1.30% |
Volatility
O vs. JANEX - Volatility Comparison
Realty Income Corporation (O) has a higher volatility of 5.29% compared to Janus Henderson Enterprise Fund (JANEX) at 4.62%. This indicates that O's price experiences larger fluctuations and is considered to be riskier than JANEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| O | JANEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 4.62% | +0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 11.98% | 11.04% | +0.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 14.14% | +2.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.92% | 17.73% | +1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.64% | 18.73% | +6.91% |
Dividends
O vs. JANEX - Dividend Comparison
O's dividend yield for the trailing twelve months is around 5.16%, less than JANEX's 7.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JANEX Janus Henderson Enterprise Fund | 7.04% | 7.51% | 7.00% | 7.52% | 10.51% | 15.98% | 8.46% | 4.45% | 6.38% | 1.78% | 1.64% | 3.64% |
O Realty Income Corporation | 5.16% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
Frequently Asked Questions
O and JANEX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
O has higher volatility (5.29%) compared to JANEX (4.62%). In terms of maximum drawdown, O dropped -48.45% vs JANEX's -79.85%.
JANEX currently has the higher Sharpe Ratio (0.93 vs 0.88), 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.
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