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Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that the portfolio managers believe will benefit significantly from advances or improvements in technology. It typically invests at least 40% of its net assets in securities of issuers or companies that are economically tied to different countries throughout the world, excluding the United States.

Looking to diversify beyond JGLTX? The mutual funds below have the lowest correlation with JGLTX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from JGLTX.

Best Diversifiers for JGLTX

6 mutual funds have low correlation with JGLTX (below 0.3), 0 of which are negatively correlated. The least correlated is Janus Henderson Short Duration Flexible Bond Fund (JNSTX) (Short-Term Bond) with a 1Y correlation of 0.03, roughly unchanged from 0.09 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
JNSTX
Janus Henderson Short Duration Flexible Bond Fund0.030.030.09
71
Short-Term BondJGLTX vs JNSTX
JAGLX
Janus Henderson Global Life Sciences Fund Class T0.170.340.50
59
Health & Biotech EquitiesJGLTX vs JAGLX
JNGLX
Janus Henderson Global Life Sciences Fund0.170.350.50
59
Health & Biotech EquitiesJGLTX vs JNGLX
JFNAX
Janus Henderson Global Life Sciences Fund Class A0.170.350.50
58
Health & Biotech EquitiesJGLTX vs JFNAX
JUCIX
Janus Henderson Absolute Return Income Opportuniti...0.230.150.20
92
Nontraditional BondsJGLTX vs JUCIX
See all 51 diversifiers for JGLTX

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from JGLTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to JGLTX and solid risk/return profiles. The least correlated is Prologis, Inc. (PLD) (Real Estate) with a 1Y correlation of 0.04, down from 0.35 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
PLD
Prologis, Inc.0.040.210.35
88
Real Estate
TMO
Thermo Fisher Scientific Inc.0.190.250.40
56
Healthcare
CDNS
Cadence Design Systems, Inc.0.620.730.77
65
Technology

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Diversification Analysis

Build a portfolio that complements JGLTX

Add JGLTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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