1
Select the least volatile from pool of large-cap stocks
Janus Henderson Market Consensus Indices
CONNECT TO THE WISDOM OF CROWDS.
The Janus Henderson Market Consensus Index process seeks to outperform traditional indices by relying on the principle of the wisdom of the crowd in stock market prices. By utilizing big data sets from industry experts, the process seeks to select those stocks that have the highest return potential relative to their risk.
The Market Consensus Index process follows three steps:
- Select the least-volatile stocks from an eligible pool of large-cap stocks.
- Determine the Market Consensus Score for each stock.
- Weight each stock by its Market Consensus Score. Stocks with the highest expected returns and lowest historical volatilities receive the highest index weights.
HOW IT WORKS
2
Access consensus expert stock analysis
3
Weight by highest expected return and low volatility
The Market Consensus Indices
Historical Performance (As of 03/29/2023)
Close Section| Cumulative Return (%) | Annualized Return (%) | Max Drawdown | Volatility | Downside Volatility | Sharpe Ratio | Sortino Ratio |
|---|
Statistics are not provided for periods less than 1 year.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.
Index Performance (As of 03/29/2023)
Close Section| 1 month | 3 month | 6 month | YTD | 1 year | 3 year | 5 year | 10 year | Since inception date (05/16/2017) |
|
|---|---|---|---|---|---|---|---|---|---|
| Total return (%) | -1.58 | -1.12 | 9.47 | -0.69 | -6.32 | 17.75 | 8.66 | 11.40 | 9.30 |
| Excess return (%) relative to the S&P 500 Composite TR USD | -3.18 | -6.21 | -2.13 | -6.04 | 5.21 | -0.69 | -2.07 | -0.61 | -1.88 |
Returns greater than one year are annualized.
A comparison benchmark is provided for information purposes only to represent the market environment existing during the periods shown.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.
Top 10 Components (As of 03/30/2023)
Close SectionRoyalty Pharma Plc Class A (RPRX)
1.89%
CVS Health Corporation (CVS)
1.15%
Johnson & Johnson (JNJ)
.84%
NextEra Energy, Inc. (NEE)
.84%
McKesson Corporation (MCK)
.83%
Intercontinental Exchange, Inc. (ICE)
.80%
Bunge Limited (BG)
.77%
Pfizer Inc. (PFE)
.77%
Coca-Cola Company (KO)
.77%
Williams Companies, Inc. (WMB)
.75%
Weight of Top 10 Within Portfolio
9.42%
| Component | Ticker | Sector* | Weight (%) |
|---|---|---|---|
| Royalty Pharma Plc Class A | RPRX | Health Care | 1.89 |
| CVS Health Corporation | CVS | Health Care | 1.15 |
| Johnson & Johnson | JNJ | Health Care | .84 |
| NextEra Energy, Inc. | NEE | Utilities | .84 |
| McKesson Corporation | MCK | Health Care | .83 |
| Intercontinental Exchange, Inc. | ICE | Financials | .80 |
| Bunge Limited | BG | Consumer Staples | .77 |
| Pfizer Inc. | PFE | Health Care | .77 |
| Coca-Cola Company | KO | Consumer Staples | .77 |
| Williams Companies, Inc. | WMB | Energy | .75 |
| Total | 9.42 | ||
| Download Full Holdings | |||
Sector weights based on GICS.
Index Facts (As of 03/29/2023)
Daily Level
9,186.07
(As of 03/29/2023)
Close Section
| Ticker | JMCIUSTR Index |
| Base Date | 01/08/2003 |
| Inception Date | 05/16/2017 |
| Number of Components | 250 |
| Eligible Universe | Solactive US Large Cap Index |
| Rebalancing Frequency | Monthly |
| Publishing Frequency | Daily |
| Weighting Methodology | Proprietary Weighting Methodology |
Past performance is no guarantee of future results.
There is no assurance that the proprietary rules-based index methodology will select securities that individually, or in the aggregate, outperform the applicable broader market universe.
Index performance does not reflect the expenses of managing a portfolio as an index is unmanaged and not available for direct investment. The performance of any index herein is not illustrative of the performance of any security.
Any index performance prior to the index inception date is pre-inception data and is hypothetical. Pre-inception data is based on criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk that may affect the actual performance of any trading strategy based on the applicable index. Simulated index returns (including pre-inception data) that have been produced by the retroactive application of a back-tested methodology may reflect a bias toward strategies that have performed well in the past. Any pre-inception data was produced by the index sponsor, Janus Henderson Indices LLC. The index methodologies are available above. Actual index performance may vary significantly from pre-inception data.
Historical Performance (As of 03/29/2023)
Close Section| Cumulative Return (%) | Annualized Return (%) | Max Drawdown | Volatility | Downside Volatility | Sharpe Ratio | Sortino Ratio |
|---|
Statistics are not provided for periods less than 1 year.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.
Index Performance (As of 03/29/2023)
Close Section| 1 month | 3 month | 6 month | YTD | 1 year | 3 year | 5 year | 10 year | Since inception date (02/08/2019) |
|
|---|---|---|---|---|---|---|---|---|---|
| Total return (%) | -0.20 | 5.04 | 25.30 | 5.59 | -1.40 | 15.70 | 4.97 | 7.80 | 7.21 |
| Excess return (%) relative to the MSCI World NR USD | -1.29 | -0.22 | 10.44 | -0.05 | 9.06 | -0.49 | -2.62 | -0.83 | -2.22 |
Returns greater than one year are annualized.
A comparison benchmark is provided for information purposes only to represent the market environment existing during the periods shown.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.
Top 10 Components (As of 04/20/2021)
Close SectionOrange SA (ORA)
.75%
Vodafone Group Plc (VOD)
.65%
British American Tobacco p.l.c. (BATS)
.65%
Tesco PLC (TSCO)
.65%
Millicom International Cellular SA Swedish Depository Receipt (TIGO)
.65%
Novartis AG (NOVN)
.64%
Mcdonalds Holdings Company Japan, Ltd. (2702)
.63%
Merck & Co., Inc. (MRK)
.62%
AstraZeneca PLC (AZN)
.62%
Takeda Pharmaceutical Co. Ltd. (4502)
.61%
Weight of Top 10 Within Portfolio
6.47%
| Component | Ticker | Sector* | Weight (%) |
|---|---|---|---|
| Orange SA | ORA | Communication Services | .75 |
| Vodafone Group Plc | VOD | Communication Services | .65 |
| British American Tobacco p.l.c. | BATS | Consumer Staples | .65 |
| Tesco PLC | TSCO | Consumer Staples | .65 |
| Millicom International Cellular SA Swedish Depository Receipt | TIGO | Communication Services | .65 |
| Novartis AG | NOVN | Health Care | .64 |
| Mcdonalds Holdings Company Japan, Ltd. | 2702 | Consumer Discretionary | .63 |
| Merck & Co., Inc. | MRK | Health Care | .62 |
| AstraZeneca PLC | AZN | Health Care | .62 |
| Takeda Pharmaceutical Co. Ltd. | 4502 | Health Care | .61 |
| Total | 6.47 | ||
| Download Full Holdings | |||
Sector weights based on GICS.
Index Facts (As of 03/29/2023)
Daily Level
3,084.78
(As of 03/29/2023)
Close Section
| Ticker | JMCIGLNR Index |
| Base Date | 04/07/2006 |
| Inception Date | 02/08/2019 |
| Number of Components | 600 |
| Eligible Universe | Solactive US Large Cap Index, Solactive GBS Developed Europe Large & Mid Cap Index, and Solactive GBS Japan Large & Mid Cap Index |
| Rebalancing Frequency | Monthly |
| Publishing Frequency | Daily |
| Weighting Methodology | Proprietary Weighting Methodology |
Past performance is no guarantee of future results.
There is no assurance that the proprietary rules-based index methodology will select securities that individually, or in the aggregate, outperform the applicable broader market universe.
Index performance does not reflect the expenses of managing a portfolio as an index is unmanaged and not available for direct investment. The performance of any index herein is not illustrative of the performance of any security.
Any index performance prior to the index inception date is pre-inception data and is hypothetical. Pre-inception data is based on criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk that may affect the actual performance of any trading strategy based on the applicable index. Simulated index returns (including pre-inception data) that have been produced by the retroactive application of a back-tested methodology may reflect a bias toward strategies that have performed well in the past. Any pre-inception data was produced by the index sponsor, Janus Henderson Indices LLC. The index methodologies are available above. Actual index performance may vary significantly from pre-inception data.
Historical Performance (As of 03/29/2023)
Close Section| Cumulative Return (%) | Annualized Return (%) | Max Drawdown | Volatility | Downside Volatility | Sharpe Ratio | Sortino Ratio |
|---|
Statistics are not provided for periods less than 1 year.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.
Index Performance (As of 03/29/2023)
Close Section| 1 month | 3 month | 6 month | YTD | 1 year | 3 year | 5 year | 10 year | Since inception date (02/08/2019) |
|
|---|---|---|---|---|---|---|---|---|---|
| Total return (%) | -0.53 | 8.51 | 33.99 | 9.71 | -3.19 | 16.43 | 2.33 | 4.43 | 5.78 |
Returns greater than one year are annualized.
A comparison benchmark is provided for information purposes only to represent the market environment existing during the periods shown.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.
Top 10 Components (As of 03/30/2023)
Close SectionPorsche Automobil Holding SE Pref (PAH3)
1.35%
Enel SpA (ENEL)
1.13%
DCC Plc (DCC)
1.13%
Roche Holding Ltd Dividend Right Cert. (ROG)
1.04%
Deutsche Telekom AG (DTE)
1.03%
Tele2 AB Class B (TEL2B)
.99%
RWE AG (RWE)
.98%
Imperial Brands PLC (IMB)
.94%
Endesa S.A. (ELE)
.92%
NatWest Group Plc (NWG)
.92%
Weight of Top 10 Within Portfolio
10.43%
| Component | Ticker | Sector* | Weight (%) |
|---|---|---|---|
| Porsche Automobil Holding SE Pref | PAH3 | Consumer Discretionary | 1.35 |
| Enel SpA | ENEL | Utilities | 1.13 |
| DCC Plc | DCC | Industrials | 1.13 |
| Roche Holding Ltd Dividend Right Cert. | ROG | Health Care | 1.04 |
| Deutsche Telekom AG | DTE | Communication Services | 1.03 |
| Tele2 AB Class B | TEL2B | Communication Services | .99 |
| RWE AG | RWE | Utilities | .98 |
| Imperial Brands PLC | IMB | Consumer Staples | .94 |
| Endesa S.A. | ELE | Utilities | .92 |
| NatWest Group Plc | NWG | Financials | .92 |
| Total | 10.43 | ||
| Download Full Holdings | |||
Sector weights based on GICS.
Index Facts (As of 03/29/2023)
Daily Level
2,023.10
(As of 03/29/2023)
Close Section
| Ticker | JMCIEUNR Index |
| Base Date | 04/07/2006 |
| Inception Date | 02/08/2019 |
| Number of Components | 250 |
| Eligible Universe | Solactive GBS Developed Europe Large & Mid Cap Index |
| Rebalancing Frequency | Monthly |
| Publishing Frequency | Daily |
| Weighting Methodology | Proprietary Weighting Methodology |
Past performance is no guarantee of future results.
There is no assurance that the proprietary rules-based index methodology will select securities that individually, or in the aggregate, outperform the applicable broader market universe.
Index performance does not reflect the expenses of managing a portfolio as an index is unmanaged and not available for direct investment. The performance of any index herein is not illustrative of the performance of any security.
Any index performance prior to the index inception date is pre-inception data and is hypothetical. Pre-inception data is based on criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk that may affect the actual performance of any trading strategy based on the applicable index. Simulated index returns (including pre-inception data) that have been produced by the retroactive application of a back-tested methodology may reflect a bias toward strategies that have performed well in the past. Any pre-inception data was produced by the index sponsor, Janus Henderson Indices LLC. The index methodologies are available above. Actual index performance may vary significantly from pre-inception data.
Historical Performance (As of 03/29/2023)
Close Section| Cumulative Return (%) | Annualized Return (%) | Max Drawdown | Volatility | Downside Volatility | Sharpe Ratio | Sortino Ratio |
|---|
Statistics are not provided for periods less than 1 year.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.
Index Performance (As of 03/29/2023)
Close Section| 1 month | 3 month | 6 month | YTD | 1 year | 3 year | 5 year | 10 year | Since inception date (02/08/2019) |
|
|---|---|---|---|---|---|---|---|---|---|
| Total return (%) | 3.22 | 5.12 | 17.28 | 4.36 | 1.72 | 6.11 | -0.71 | 4.24 | 2.09 |
Returns greater than one year are annualized.
A comparison benchmark is provided for information purposes only to represent the market environment existing during the periods shown.
Any data for the period prior to index inception consists of pre-inception data calculated by retroactively applying the index methodology. Simulated returns and pre-inception data are hypothetical and included for illustrative purposes only.
Top 10 Components (As of 03/30/2023)
Close SectionNEC Corp. (6701)
3.01%
Astellas Pharma Inc. (4503)
2.54%
Shionogi & Co., Ltd. (4507)
2.22%
Itochu Corporation (8001)
2.21%
Kirin Holdings Company, Limited (2503)
2.14%
Mcdonalds Holdings Company Japan, Ltd. (2702)
2.09%
Kikkoman Corporation (2801)
2.03%
Nippon Telegraph and Telephone Corporation (9432)
2.02%
Kansai Electric Power Company, Incorporated (9503)
1.99%
Terumo Corporation (4543)
1.99%
Weight of Top 10 Within Portfolio
22.24%
| Component | Ticker | Sector* | Weight (%) |
|---|---|---|---|
| NEC Corp. | 6701 | Information Technology | 3.01 |
| Astellas Pharma Inc. | 4503 | Health Care | 2.54 |
| Shionogi & Co., Ltd. | 4507 | Health Care | 2.22 |
| Itochu Corporation | 8001 | Industrials | 2.21 |
| Kirin Holdings Company, Limited | 2503 | Consumer Staples | 2.14 |
| Mcdonalds Holdings Company Japan, Ltd. | 2702 | Consumer Discretionary | 2.09 |
| Kikkoman Corporation | 2801 | Consumer Staples | 2.03 |
| Nippon Telegraph and Telephone Corporation | 9432 | Communication Services | 2.02 |
| Kansai Electric Power Company, Incorporated | 9503 | Utilities | 1.99 |
| Terumo Corporation | 4543 | Health Care | 1.99 |
| Total | 22.24 | ||
| Download Full Holdings | |||
Sector weights based on GICS.
Index Facts (As of 03/29/2023)
Daily Level
1,476.42
(As of 03/29/2023)
Close Section
| Ticker | JMCIJPNR Index |
| Base Date | 04/07/2006 |
| Inception Date | 02/08/2019 |
| Number of Components | 100 |
| Eligible Universe | Solactive GBS Japan Large & Mid Cap Index |
| Rebalancing Frequency | Monthly |
| Publishing Frequency | Daily |
| Weighting Methodology | Proprietary Weighting Methodology |
Past performance is no guarantee of future results.
There is no assurance that the proprietary rules-based index methodology will select securities that individually, or in the aggregate, outperform the applicable broader market universe.
Index performance does not reflect the expenses of managing a portfolio as an index is unmanaged and not available for direct investment. The performance of any index herein is not illustrative of the performance of any security.
Any index performance prior to the index inception date is pre-inception data and is hypothetical. Pre-inception data is based on criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk that may affect the actual performance of any trading strategy based on the applicable index. Simulated index returns (including pre-inception data) that have been produced by the retroactive application of a back-tested methodology may reflect a bias toward strategies that have performed well in the past. Any pre-inception data was produced by the index sponsor, Janus Henderson Indices LLC. The index methodologies are available above. Actual index performance may vary significantly from pre-inception data.