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

Invesco Short Duration US Government Securities Fund (USTB) is 6.5× 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 (USTB +0.5% against JTRSY +0.0%). 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: 6.5×
Ahead over 30 days: USTB

Invesco Short Duration US Government Securities FundUSTB

$11.2700

24h: +0.04%
Market cap: $635.53M
Volume 24h: —
Volatility (ann.): 1%

Janus Henderson Anemoy Treasury FundJTRSY

$1.1200

24h: +0.01%
Market cap: $97.17M
Volume 24h: —
Volatility (ann.): 2%

USTB 86.7%Share of the two combined market caps13.3% JTRSY

Performance

USTBJTRSY

7 days+0.09%+0.00%USTB
30 days+0.54%+0.00%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	USTB	JTRSY
Max drawdown (400d)	0.0%	0.0%
Risk-adjusted return (90d)	1.15	0.40

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

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