Janus Henderson Anemoy Treasury Fund vs Invesco Short Duration US Government Securities Fund

Invesco Short Duration US Government Securities Fund (USTB) is 6.3× the size of Janus Henderson Anemoy Treasury Fund (JTRSY) by market capitalisation. Over the past 30 days, USTB is ahead by 0.5 percentage points (JTRSY +0.0% against USTB +0.5%). Their daily returns move barely in opposite directions (correlation -0.05 across 58 shared trading days). JTRSY has been the more volatile of the two, at 2% annualised against USTB's 1%.

Correlation: -0.05
Size ratio: 1 : 6.3
Ahead over 30 days: USTB

Janus Henderson Anemoy Treasury FundJTRSY

$1.1200

24h: +0.01%
Market cap: $97.28M
Volume 24h: —
Volatility (ann.): 2%

Invesco Short Duration US Government Securities FundUSTB

$11.2700

24h: +0.01%
Market cap: $615.08M
Volume 24h: —
Volatility (ann.): 1%

JTRSY 13.7%Share of the two combined market caps86.3% USTB

Performance

JTRSYUSTB

7 days+0.00%+0.09%USTB
30 days+0.00%+0.54%USTB

Correlation

-0.05over 58 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	JTRSY	USTB
Max drawdown (400d)	0.0%	0.0%
Risk-adjusted return (90d)	0.40	1.15

Relative strength over 90 days: JTRSY outperformed USTB by 0.1% — measured on the JTRSY/USTB ratio, so it holds regardless of market direction.

Janus Henderson Anemoy Treasury Fund →Invesco Short Duration US Government Securities Fund →