VISGX vs. JANVX

Last updated Jun 24, 2026

VISGX (Vanguard Small Cap Growth Index Fund) and JANVX (Janus Henderson Venture Fund) are both Small Cap Growth Equities funds. Over the past 10 years, VISGX returned 12.05%/yr vs 12.26%/yr for JANVX. Their correlation of 0.94 suggests significant overlap in exposure. VISGX charges 0.19%/yr vs 0.78%/yr for JANVX.

Performance

VISGX vs. JANVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Small Cap Growth Index Fund (VISGX) and Janus Henderson Venture Fund (JANVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VISGX achieves a 18.66% return, which is significantly higher than JANVX's 15.38% return. Both investments have delivered pretty close results over the past 10 years, with VISGX having a 12.05% annualized return and JANVX not far ahead at 12.26%.

VISGX

• 1D: 0.30%
• 1M: 3.09%
• YTD: 18.66%
• 6M: 15.65%
• 1Y: 32.31%
• 3Y*: 18.02%
• 5Y*: 4.96%
• 10Y*: 12.05%

JANVX

• 1D: 0.91%
• 1M: 4.93%
• YTD: 15.38%
• 6M: 13.09%
• 1Y: 28.88%
• 3Y*: 18.23%
• 5Y*: 6.65%
• 10Y*: 12.26%

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

VISGX vs. JANVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VISGX Vanguard Small Cap Growth Index Fund	18.66%	8.18%	14.80%	22.91%	-28.50%	5.58%	35.11%	32.60%	-5.81%	21.78%
JANVX Janus Henderson Venture Fund	15.38%	8.98%	22.16%	16.16%	-24.15%	7.45%	31.77%	30.80%	-6.57%	24.28%

Correlation

The correlation between VISGX and JANVX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since May 21, 1998	0.94

The correlation between VISGX and JANVX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

VISGX vs. JANVX — Risk / Return Rank

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

VISGX

VISGX Risk / Return Rank: 45
VISGX Sharpe Ratio Rank: 37
VISGX Sortino Ratio Rank: 34
VISGX Omega Ratio Rank: 32
VISGX Calmar Ratio Rank: 63
VISGX Martin Ratio Rank: 58

JANVX

JANVX Risk / Return Rank: 44
JANVX Sharpe Ratio Rank: 42
JANVX Sortino Ratio Rank: 42
JANVX Omega Ratio Rank: 36
JANVX Calmar Ratio Rank: 49
JANVX Martin Ratio Rank: 48

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.

VISGX vs. JANVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Small Cap Growth Index Fund (VISGX) and Janus Henderson Venture Fund (JANVX). 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.

	VISGX	JANVX	Difference
Sharpe ratio: Return per unit of total volatility	1.64	1.76	-0.12
Sortino ratio: Return per unit of downside risk	2.28	2.53	-0.25
Omega ratio: Gain probability vs. loss probability	1.28	1.29	-0.02
Calmar ratio: Return relative to maximum drawdown	2.92	2.56	+0.36
Martin ratio: Return relative to average drawdown	10.93	9.36	+1.57

VISGX vs. JANVX - Sharpe Ratio Comparison

The current VISGX Sharpe Ratio is 1.64, which is comparable to the JANVX Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of VISGX and JANVX, 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

VISGX vs. JANVX - Drawdown Comparison

The maximum VISGX drawdown since its inception was -58.74%, smaller than the maximum JANVX drawdown of -86.48%. Use the drawdown chart below to compare losses from any high point for VISGX and JANVX.

Drawdown Indicators

	VISGX	JANVX	Difference
Max Drawdown Largest peak-to-trough decline	-58.74%	-86.48%	+27.74%
Max Drawdown (1Y) Largest decline over 1 year	-11.39%	-11.87%	+0.48%
Max Drawdown (3Y) Largest decline over 3 years	-27.58%	-23.88%	-3.70%
Max Drawdown (5Y) Largest decline over 5 years	-38.41%	-35.17%	-3.24%
Max Drawdown (10Y) Largest decline over 10 years	-38.70%	-36.81%	-1.89%
Current Drawdown Current decline from peak	-0.01%	0.00%	-0.01%
Average Drawdown Average peak-to-trough decline	-11.59%	-30.87%	+19.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	3.25%	-0.21%

Volatility

VISGX vs. JANVX - Volatility Comparison

Vanguard Small Cap Growth Index Fund (VISGX) has a higher volatility of 6.94% compared to Janus Henderson Venture Fund (JANVX) at 5.74%. This indicates that VISGX's price experiences larger fluctuations and is considered to be riskier than JANVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VISGX	JANVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.94%	5.74%	+1.20%
Volatility (6M) Calculated over the trailing 6-month period	15.80%	13.41%	+2.39%
Volatility (1Y) Calculated over the trailing 1-year period	20.32%	17.29%	+3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.70%	21.01%	+2.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.06%	20.92%	+2.14%

VISGX vs. JANVX - Expense Ratio Comparison

VISGX has a 0.19% expense ratio, which is lower than JANVX's 0.78% expense ratio.

Dividends

VISGX vs. JANVX - Dividend Comparison

VISGX's dividend yield for the trailing twelve months is around 0.34%, less than JANVX's 4.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JANVX Janus Henderson Venture Fund	4.75%	5.48%	14.11%	5.22%	4.42%	12.59%	5.46%	3.86%	10.26%	5.32%	1.76%	4.58%
VISGX Vanguard Small Cap Growth Index Fund	0.34%	0.33%	0.42%	0.56%	0.46%	0.23%	0.35%	0.47%	0.65%	0.71%	0.97%	0.84%

Frequently Asked Questions

Can I hold both VISGX and JANVX in my portfolio?

With a correlation of 0.91, VISGX and JANVX 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 is riskier, VISGX or JANVX?

VISGX has higher volatility (6.94%) compared to JANVX (5.74%). In terms of maximum drawdown, VISGX dropped -58.74% vs JANVX's -86.48%.

Which has better risk-adjusted returns?

JANVX currently has the higher Sharpe Ratio (1.76 vs 1.64), 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.