JSML vs HIX

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

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

JSML vs HIX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

JSML

$363M

Winner

HIX

$363M

Expense Ratio

JSML

0.30%

HIX

N/A

Max Drawdown

Winner

JSML

40.01%

HIX

72.39%

Sharpe Ratio

Winner

JSML

1.05

HIX

0.16

5Y Beta

JSML

1.12

Winner

HIX

0.37

P/E Ratio

JSML

43.07

HIX

N/A

Forward P/E

JSML

13.29

HIX

N/A

5Y Dividends CAGR

Winner

JSML

25.21%

HIX

0.00%

5Y EPS CAGR

JSML

15.24%

HIX

N/A

Debt to Equity

JSML

64.23%

HIX

N/A

P/S Ratio

JSML

1.49

HIX

N/A

P/B Ratio

JSML

4.63

HIX

N/A

JSML vs HIX - Historical Returns

Returns include dividend reinvestment.

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

Winner

JSML

+2.44%

HIX

+0.74%

Winner

JSML

+6.07%

HIX

+2.49%

Winner

JSML

+18.31%

HIX

-0.21%

Winner

JSML

+25.66%

HIX

+4.50%

5Y(CAGR)

Winner

JSML

+6.39%

HIX

-0.89%

10Y(CAGR)

Winner

JSML

+12.47%

HIX

+4.60%

Max(CAGR)

Winner

JSML

+13.54%

HIX

+7.56%

JSML vs HIX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

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

JSML vs HIX Drawdown Comparison

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

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

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

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

Correlation

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

0.92

-101

Dividend Comparison (1999 - 2026)

JSML vs HIX dividend yield comparison.

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