JAGLX vs. JAGTX
JAGLX (Janus Henderson Global Life Sciences Fund Class T) and JAGTX (Janus Global Technology and Innovation Fund) are both mutual funds - JAGLX is a Health & Biotech Equities fund actively managed by Janus Henderson, while JAGTX is a Technology Equities fund tracking the MSCI All Country World Information Technology Index. JAGLX is actively managed, while JAGTX is passively managed. Over the past 10 years, JAGLX returned 10.94%/yr vs 25.69%/yr for JAGTX. A 0.65 correlation means they provide meaningful diversification when combined. JAGLX charges 0.92%/yr vs 0.91%/yr for JAGTX.
Performance
JAGLX vs. JAGTX - Performance Comparison
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Returns By Period
In the year-to-date period, JAGLX achieves a -2.55% return, which is significantly lower than JAGTX's 33.82% return. Over the past 10 years, JAGLX has underperformed JAGTX with an annualized return of 10.94%, while JAGTX has yielded a comparatively higher 25.69% annualized return.
JAGLX
- 1D
- 1.14%
- 1M
- -0.31%
- YTD
- -2.55%
- 6M
- -0.80%
- 1Y
- 26.04%
- 3Y*
- 11.36%
- 5Y*
- 8.05%
- 10Y*
- 10.94%
JAGTX
- 1D
- -0.99%
- 1M
- 15.96%
- YTD
- 33.82%
- 6M
- 33.68%
- 1Y
- 57.13%
- 3Y*
- 41.39%
- 5Y*
- 21.13%
- 10Y*
- 25.69%
JAGLX vs. JAGTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAGLX Janus Henderson Global Life Sciences Fund Class T | -2.55% | 24.72% | 8.50% | 7.41% | -2.79% | 6.66% | 25.52% | 29.12% | 4.05% | 22.13% |
JAGTX Janus Global Technology and Innovation Fund | 33.82% | 24.86% | 47.04% | 55.16% | -37.69% | 17.39% | 51.00% | 45.08% | 0.78% | 44.62% |
Correlation
The correlation between JAGLX and JAGTX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | 0.65 |
Over the past year, the correlation between JAGLX and JAGTX has dropped to 0.18 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.
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Return for Risk
JAGLX vs. JAGTX — Risk / Return Rank
JAGLX
JAGTX
JAGLX vs. JAGTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Life Sciences Fund Class T (JAGLX) and Janus Global Technology and Innovation Fund (JAGTX). 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.
| JAGLX | JAGTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.47 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.73 | 3.69 | -0.96 |
| Martin ratioReturn relative to average drawdown | 8.66 | 12.64 | -3.99 |
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
| JAGLX | JAGTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 2.85 | -1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.79 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 1.04 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.51 | +0.07 |
Drawdowns
JAGLX vs. JAGTX - Drawdown Comparison
The maximum JAGLX drawdown since its inception was -58.96%, smaller than the maximum JAGTX drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for JAGLX and JAGTX.
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Drawdown Indicators
| JAGLX | JAGTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.96% | -84.57% | +25.61% |
Max Drawdown (1Y)Largest decline over 1 year | -9.71% | -15.95% | +6.24% |
Max Drawdown (3Y)Largest decline over 3 years | -17.41% | -23.94% | +6.53% |
Max Drawdown (5Y)Largest decline over 5 years | -22.25% | -46.52% | +24.27% |
Max Drawdown (10Y)Largest decline over 10 years | -27.38% | -46.52% | +19.14% |
Current DrawdownCurrent decline from peak | -5.47% | -0.99% | -4.48% |
Average DrawdownAverage peak-to-trough decline | -17.43% | -39.82% | +22.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 4.65% | -1.60% |
Volatility
JAGLX vs. JAGTX - Volatility Comparison
The current volatility for Janus Henderson Global Life Sciences Fund Class T (JAGLX) is 4.81%, while Janus Global Technology and Innovation Fund (JAGTX) has a volatility of 6.92%. This indicates that JAGLX experiences smaller price fluctuations and is considered to be less risky than JAGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JAGLX | JAGTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.81% | 6.92% | -2.11% |
Volatility (6M)Calculated over the trailing 6-month period | 10.89% | 17.04% | -6.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.86% | 20.70% | -5.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.92% | 26.82% | -10.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.41% | 24.78% | -7.37% |
JAGLX vs. JAGTX - Expense Ratio Comparison
JAGLX has a 0.92% expense ratio, which is higher than JAGTX's 0.91% expense ratio.
Dividends
JAGLX vs. JAGTX - Dividend Comparison
JAGLX's dividend yield for the trailing twelve months is around 4.65%, less than JAGTX's 10.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAGLX Janus Henderson Global Life Sciences Fund Class T | 4.65% | 4.53% | 10.98% | 4.22% | 0.14% | 9.78% | 7.75% | 6.17% | 13.38% | 0.89% | 1.13% | 9.09% |
JAGTX Janus Global Technology and Innovation Fund | 10.23% | 13.69% | 23.66% | 0.78% | 0.00% | 16.05% | 9.00% | 8.62% | 6.56% | 7.50% | 4.85% | 8.12% |
Frequently Asked Questions
JAGLX and JAGTX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JAGTX has higher volatility (6.92%) compared to JAGLX (4.81%). In terms of maximum drawdown, JAGLX dropped -58.96% vs JAGTX's -84.57%.
JAGTX currently has the higher Sharpe Ratio (2.85 vs 1.78), 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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