JAENX vs. JGLTX
JAENX (Janus Henderson Enterprise Fund Class T) and JGLTX (Janus Henderson VIT Global Technology and Innovation Portfolio) are both mutual funds - JAENX is a Mid Cap Growth Equities fund actively managed by Janus Henderson, while JGLTX is a Technology Equities fund managed by Janus Henderson. Over the past 10 years, JAENX returned 12.52%/yr vs 24.87%/yr for JGLTX. Their correlation of 0.86 suggests significant overlap in exposure. JAENX charges 0.91%/yr vs 0.72%/yr for JGLTX.
Performance
JAENX vs. JGLTX - Performance Comparison
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Returns By Period
In the year-to-date period, JAENX achieves a 6.52% return, which is significantly lower than JGLTX's 35.13% return. Over the past 10 years, JAENX has underperformed JGLTX with an annualized return of 12.52%, while JGLTX has yielded a comparatively higher 24.87% annualized return.
JAENX
- 1D
- 0.31%
- 1M
- 5.52%
- YTD
- 6.52%
- 6M
- 6.91%
- 1Y
- 13.64%
- 3Y*
- 12.79%
- 5Y*
- 7.12%
- 10Y*
- 12.52%
JGLTX
- 1D
- 0.97%
- 1M
- 18.11%
- YTD
- 35.13%
- 6M
- 35.19%
- 1Y
- 60.36%
- 3Y*
- 37.03%
- 5Y*
- 19.79%
- 10Y*
- 24.87%
JAENX vs. JGLTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAENX Janus Henderson Enterprise Fund Class T | 6.52% | 7.52% | 15.12% | 17.86% | -16.12% | 16.89% | 20.26% | 35.07% | -1.04% | 26.30% |
JGLTX Janus Henderson VIT Global Technology and Innovation Portfolio | 35.13% | 25.19% | 32.10% | 54.55% | -36.42% | 18.28% | 50.42% | 45.29% | 1.17% | 45.17% |
Correlation
The correlation between JAENX and JGLTX is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.55 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jan 19, 2000 | 0.86 |
Over the past year, the correlation between JAENX and JGLTX has dropped to 0.55 - well below their long-term average of 0.86, suggesting their price drivers have been diverging.
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Return for Risk
JAENX vs. JGLTX — Risk / Return Rank
JAENX
JGLTX
JAENX vs. JGLTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Enterprise Fund Class T (JAENX) and Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| JAENX | JGLTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.94 | ||
| Sortino ratioReturn per unit of downside risk | -2.08 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.49 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | 3.92 | -2.62 |
| Martin ratioReturn relative to average drawdown | 4.53 | 13.43 | -8.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JAENX | JGLTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 3.02 | -1.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.76 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 1.02 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.36 | +0.15 |
Drawdowns
JAENX vs. JGLTX - Drawdown Comparison
The maximum JAENX drawdown since its inception was -79.85%, roughly equal to the maximum JGLTX drawdown of -81.78%. Use the drawdown chart below to compare losses from any high point for JAENX and JGLTX.
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Drawdown Indicators
| JAENX | JGLTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.85% | -81.78% | +1.93% |
Max Drawdown (1Y)Largest decline over 1 year | -11.42% | -15.81% | +4.39% |
Max Drawdown (3Y)Largest decline over 3 years | -19.60% | -23.72% | +4.12% |
Max Drawdown (5Y)Largest decline over 5 years | -24.31% | -45.18% | +20.87% |
Max Drawdown (10Y)Largest decline over 10 years | -38.25% | -45.18% | +6.93% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -24.94% | -36.60% | +11.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 4.60% | -1.32% |
Volatility
JAENX vs. JGLTX - Volatility Comparison
The current volatility for Janus Henderson Enterprise Fund Class T (JAENX) is 4.19%, while Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) has a volatility of 6.73%. This indicates that JAENX experiences smaller price fluctuations and is considered to be less risky than JGLTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JAENX | JGLTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.19% | 6.73% | -2.54% |
Volatility (6M)Calculated over the trailing 6-month period | 10.56% | 16.85% | -6.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.78% | 20.49% | -6.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.67% | 26.10% | -8.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.71% | 24.49% | -5.78% |
JAENX vs. JGLTX - Expense Ratio Comparison
JAENX has a 0.91% expense ratio, which is higher than JGLTX's 0.72% expense ratio.
Dividends
JAENX vs. JGLTX - Dividend Comparison
JAENX's dividend yield for the trailing twelve months is around 7.07%, more than JGLTX's 6.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAENX Janus Henderson Enterprise Fund Class T | 7.07% | 7.53% | 6.98% | 7.62% | 10.62% | 15.94% | 8.43% | 4.41% | 6.32% | 1.79% | 1.72% | 3.93% |
JGLTX Janus Henderson VIT Global Technology and Innovation Portfolio | 6.64% | 8.98% | 0.00% | 0.00% | 26.96% | 14.48% | 7.71% | 6.81% | 4.95% | 5.68% | 3.71% | 16.11% |
Frequently Asked Questions
JAENX and JGLTX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JGLTX has higher volatility (6.73%) compared to JAENX (4.19%). In terms of maximum drawdown, JAENX dropped -79.85% vs JGLTX's -81.78%.
JGLTX currently has the higher Sharpe Ratio (3.02 vs 1.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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