USLM vs. JANX

Last updated Jul 14, 2026

USLM (United States Lime & Minerals, Inc.) and JANX (Janux Therapeutics, Inc.) are both stocks. USLM operates in Building Materials (Basic Materials), while JANX operates in Biotechnology (Healthcare). Over the past 5 years, USLM returned 30.66%/yr vs -9.52%/yr for JANX. At a 0.21 correlation, their price movements are largely independent.

Performance

USLM vs. JANX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States Lime & Minerals, Inc. (USLM) and Janux Therapeutics, Inc. (JANX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USLM achieves a -13.61% return, which is significantly lower than JANX's 16.96% return.

USLM

• 1D: 2.23%
• 1M: -4.67%
• 6M: -21.34%
• YTD: -13.61%
• 1Y: 1.29%
• 3Y*: 35.48%
• 5Y*: 30.66%
• 10Y*: 25.17%

JANX

• 1D: -1.59%
• 1M: 19.03%
• 6M: 15.04%
• YTD: 16.96%
• 1Y: -35.83%
• 3Y*: 9.01%
• 5Y*: -9.52%
• 10Y*: —

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

USLM vs. JANX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
USLM United States Lime & Minerals, Inc.	-13.61%	-9.59%	188.91%	64.34%	9.84%	-9.06%
JANX Janux Therapeutics, Inc.	16.96%	-74.22%	398.97%	-18.53%	-33.25%	-41.97%

Correlation

The correlation between USLM and JANX is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.19
Correlation (5Y) Calculated over the trailing 5-year period	0.21
Correlation (All Time) Calculated using the full available price history since Jun 11, 2021	0.21

Fundamentals

Market Cap USLM : $2.96B JANX : $984.29M
EPS USLM : $6.82 JANX : -$1.84
PS Ratio USLM : 5.36 JANX : 46.46
Total Revenue (TTM) USLM : $369.31M JANX : $21.61M
Gross Profit (TTM) USLM : $177.91M JANX : $8.44M
EBITDA (TTM) USLM : $185.83M JANX : -$134.03M

Return for Risk

USLM vs. JANX — Risk / Return Rank

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

USLM

USLM Risk / Return Rank: 45
USLM Sharpe Ratio Rank: 47
USLM Sortino Ratio Rank: 42
USLM Omega Ratio Rank: 42
USLM Calmar Ratio Rank: 47
USLM Martin Ratio Rank: 46

JANX

JANX Risk / Return Rank: 27
JANX Sharpe Ratio Rank: 23
JANX Sortino Ratio Rank: 30
JANX Omega Ratio Rank: 29
JANX Calmar Ratio Rank: 25
JANX Martin Ratio Rank: 30

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.

USLM vs. JANX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Lime & Minerals, Inc. (USLM) and Janux Therapeutics, Inc. (JANX). 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.

	USLM	JANX	Difference
Sharpe ratio: Return per unit of total volatility	0.03	-0.48	+0.52
Sortino ratio: Return per unit of downside risk	0.32	-0.14	+0.46
Omega ratio: Gain probability vs. loss probability	1.04	0.97	+0.07
Calmar ratio: Return relative to maximum drawdown	0.04	-0.55	+0.60
Martin ratio: Return relative to average drawdown	0.10	-0.78	+0.87

USLM vs. JANX - Sharpe Ratio Comparison

The current USLM Sharpe Ratio is 0.03, which is higher than the JANX Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of USLM and JANX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

USLM vs. JANX - Drawdown Comparison

The maximum USLM drawdown since its inception was -77.09%, smaller than the maximum JANX drawdown of -83.14%. Use the drawdown chart below to compare losses from any high point for USLM and JANX.

Drawdown Indicators

	USLM	JANX	Difference
Max Drawdown Largest peak-to-trough decline	-77.09%	-83.14%	+6.05%
Max Drawdown (1Y) Largest decline over 1 year	-30.06%	-64.94%	+34.88%
Max Drawdown (3Y) Largest decline over 3 years	-45.87%	-81.78%	+35.91%
Max Drawdown (5Y) Largest decline over 5 years	-45.87%	-83.14%	+37.27%
Max Drawdown (10Y) Largest decline over 10 years	-45.87%	—	—
Current Drawdown Current decline from peak	-34.15%	-75.85%	+41.70%
Average Drawdown Average peak-to-trough decline	-27.36%	-53.01%	+25.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.21%	46.22%	-33.01%

Volatility

USLM vs. JANX - Volatility Comparison

United States Lime & Minerals, Inc. (USLM) and Janux Therapeutics, Inc. (JANX) have volatilities of 11.63% and 11.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	USLM	JANX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.63%	11.90%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	32.99%	30.76%	+2.23%
Volatility (1Y) Calculated over the trailing 1-year period	41.05%	74.44%	-33.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.21%	130.69%	-94.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.52%	130.62%	-94.10%

Dividends

USLM vs. JANX - Dividend Comparison

USLM's dividend yield for the trailing twelve months is around 0.23%, while JANX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JANX Janux Therapeutics, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
USLM United States Lime & Minerals, Inc.	0.23%	0.20%	0.15%	0.35%	0.57%	0.50%	0.56%	6.52%	0.76%	0.70%	0.66%	0.91%

Financials

Frequently Asked Questions

Can I hold both USLM and JANX in my portfolio?

USLM and JANX have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USLM or JANX?

JANX has higher volatility (11.90%) compared to USLM (11.63%). In terms of maximum drawdown, USLM dropped -77.09% vs JANX's -83.14%.

Which has better risk-adjusted returns?

USLM currently has the higher Sharpe Ratio (0.03 vs -0.48), 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.