HIX vs JSML

Comparison between Western Asset High Income Fund II Inc (HIX, ETF) and JANUS HENDERSON SMALL CAP GROWTH ALPHA ETF (JSML, ETF).

5-Year PerformanceJSML has outperformed HIX, delivering a return of +6.4% compared to -0.9%

HIX vs JSML - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HIX(ETF)	JSML(ETF)
Net Assets	$363M	$363M
Expense Ratio	N/A	0.30%
Max Drawdown	72.39%	40.01%
Sharpe Ratio	0.16	1.05
5Y Beta	0.37	1.12
P/E Ratio	N/A	43.07
Forward P/E	N/A	13.29
5Y Dividends CAGR	0.00%	25.21%
5Y EPS CAGR	N/A	15.24%
Debt to Equity	N/A	64.23%
P/S Ratio	N/A	1.49
P/B Ratio	N/A	4.63

Net Assets

Winner

HIX

$363M

JSML

$363M

Expense Ratio

HIX

N/A

JSML

0.30%

Max Drawdown

HIX

72.39%

Winner

JSML

40.01%

Sharpe Ratio

HIX

0.16

Winner

JSML

1.05

5Y Beta

Winner

HIX

0.37

JSML

1.12

P/E Ratio

HIX

N/A

JSML

43.07

Forward P/E

HIX

N/A

JSML

13.29

5Y Dividends CAGR

HIX

0.00%

Winner

JSML

25.21%

5Y EPS CAGR

HIX

N/A

JSML

15.24%

Debt to Equity

HIX

N/A

JSML

64.23%

P/S Ratio

HIX

N/A

JSML

1.49

P/B Ratio

HIX

N/A

JSML

4.63

HIX vs JSML - Historical Returns

Returns include dividend reinvestment.

Period	HIX	JSML
1 month	+0.74%	+2.44%
3 months	+2.49%	+6.07%
6 months	-0.21%	+18.31%
1 year	+4.50%	+25.66%
5 years(CAGR)	-0.89%	+6.39%
10 years(CAGR)	+4.60%	+12.47%
Max(CAGR)	+7.56%	+13.54%

HIX

+0.74%

Winner

JSML

+2.44%

HIX

+2.49%

Winner

JSML

+6.07%

HIX

-0.21%

Winner

JSML

+18.31%

HIX

+4.50%

Winner

JSML

+25.66%

5Y(CAGR)

HIX

-0.89%

Winner

JSML

+6.39%

10Y(CAGR)

HIX

+4.60%

Winner

JSML

+12.47%

Max(CAGR)

HIX

+7.56%

Winner

JSML

+13.54%

HIX vs JSML - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HIX	JSML
2026	+2.62%	+21.34%
2025	+12.20%	+13.67%
2024	-3.63%	+13.44%
2023	+11.18%	+29.67%
2022	-23.61%	-29.57%
2021	+14.51%	+4.16%
2020	+12.10%	+35.32%
2019	+25.96%	+30.80%
2018	-11.22%	-2.78%
2017	+7.61%	+20.86%
2016	+24.05%	+21.52%
2015	-14.83%	N/A
2014	+0.11%	N/A
2013	+1.16%	N/A
2012	+9.05%	N/A
2011	+14.21%	N/A
2010	+12.88%	N/A
2009	+99.91%	N/A
2008	-40.91%	N/A
2007	-0.43%	N/A
2006	+20.35%	N/A
2005	-9.75%	N/A
2004	+3.15%	N/A
2003	+46.62%	N/A
2002	+4.20%	N/A
2001	+7.38%	N/A
2000	+22.60%	N/A
1999	-1.26%	N/A

HIX vs JSML Drawdown Comparison

The maximum drawdown for HIX was -60.88%, occurring on Nov 20, 2008. Recovery took 594 trading sessions.

The maximum drawdown for JSML was -39.64%, occurring on Sep 26, 2022. Recovery took 941 trading sessions.

The current HIX drawdown is -5.26%. The current JSML drawdown is -3.86%.

Rank	HIX	JSML
#1	-60.88% May 4, 2007 - Sep 11, 2009	-39.64% Feb 12, 2021 - Nov 8, 2024
#2	-44.77% Feb 18, 2020 - Aug 20, 2020	-39.19% Jan 22, 2020 - Jul 29, 2020
#3	-38.72% Aug 18, 2021 - Oct 14, 2022	-27.37% Sep 4, 2018 - Nov 26, 2019
#4	-28.46% Jun 27, 2014 - Jan 24, 2017	-25.61% Nov 11, 2024 - Aug 26, 2025
#5	-25.23% Jun 10, 2002 - Mar 4, 2003	-14.84% Jan 22, 2026 - Apr 17, 2026
#6	-20.97% Mar 8, 2001 - Jan 11, 2002	-10.01% Sep 22, 2025 - Jan 9, 2026
#7	-19.03% Apr 1, 2004 - Oct 27, 2006	-9.97% Sep 2, 2020 - Oct 9, 2020
#8	-16.38% Oct 20, 2017 - Feb 25, 2019	-9.02% Sep 22, 2016 - Nov 22, 2016
#9	-16.29% Sep 11, 2000 - Jan 8, 2001	-8.25% Mar 12, 2018 - May 14, 2018
#10	-16.19% May 26, 2011 - Jan 6, 2012	-8.17% Jun 8, 2016 - Jul 12, 2016
#11	-15.17% May 21, 2013 - Apr 17, 2014	-8.08% Jan 26, 2018 - Mar 9, 2018
#12	-14.59% Oct 5, 2012 - Apr 24, 2013	-7.88% Jul 1, 2026 - Jul 29, 2026
#13	-14.51% Apr 15, 2010 - Aug 2, 2010	-7.77% Oct 12, 2020 - Nov 5, 2020
#14	-10.18% Jul 7, 2003 - Sep 5, 2003	-6.77% May 14, 2026 - May 26, 2026
#15	-9.05% Nov 5, 1999 - Jan 27, 2000	-6.19% Apr 27, 2016 - May 31, 2016

Correlation

Correlation between HIX and JSML is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (1999 - 2026)

HIX vs JSML dividend yield comparison.

Year	HIX	JSML
2026	10.08%	0.36%
2025	14.13%	0.94%
2024	13.97%	1.19%
2023	11.85%	0.49%
2022	12.15%	0.67%
2021	8.21%	0.46%
2020	8.53%	0.30%
2019	8.28%	0.27%
2018	9.50%	0.76%
2017	8.73%	0.42%
2016	10.53%	0.52%
2015	13.12%	0.00%
2014	10.08%	0.00%
2013	10.14%	0.00%
2012	10.22%	0.00%
2011	10.48%	0.00%
2010	11.58%	0.00%
2009	12.45%	0.00%
2008	21.58%	0.00%
2007	9.31%	0.00%
2006	7.75%	0.00%
2005	10.12%	0.00%
2004	10.68%	0.00%
2003	11.25%	0.00%
2002	13.81%	0.00%
2001	13.35%	0.00%
2000	13.85%	0.00%
1999	2.29%	0.00%