JAGTX vs. PAEAX
Compare and contrast key facts about Janus Global Technology and Innovation Fund (JAGTX) and Putnam Dynamic Asset Allocation Growth Fund (PAEAX).
JAGTX is a passively managed fund by Janus Henderson that tracks the performance of the MSCI All Country World Information Technology Index. It was launched on Dec 31, 1998. PAEAX is managed by Putnam. It was launched on Feb 7, 1994.
Performance
JAGTX vs. PAEAX - Performance Comparison
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JAGTX vs. PAEAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAGTX Janus Global Technology and Innovation Fund | -7.05% | 24.86% | 47.04% | 55.16% | -37.69% | 17.39% | 51.00% | 45.08% | 0.78% | 44.62% |
PAEAX Putnam Dynamic Asset Allocation Growth Fund | -1.58% | 18.45% | 18.71% | 20.78% | -16.99% | 16.63% | 14.41% | 20.79% | -9.73% | 19.92% |
Returns By Period
In the year-to-date period, JAGTX achieves a -7.05% return, which is significantly lower than PAEAX's -1.58% return. Over the past 10 years, JAGTX has outperformed PAEAX with an annualized return of 21.58%, while PAEAX has yielded a comparatively lower 10.16% annualized return.
JAGTX
- 1D
- 4.03%
- 1M
- -7.48%
- YTD
- -7.05%
- 6M
- -6.61%
- 1Y
- 27.62%
- 3Y*
- 29.35%
- 5Y*
- 13.04%
- 10Y*
- 21.58%
PAEAX
- 1D
- 2.42%
- 1M
- -4.42%
- YTD
- -1.58%
- 6M
- 0.89%
- 1Y
- 17.92%
- 3Y*
- 16.41%
- 5Y*
- 8.88%
- 10Y*
- 10.16%
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JAGTX vs. PAEAX - Expense Ratio Comparison
JAGTX has a 0.91% expense ratio, which is lower than PAEAX's 1.03% expense ratio.
Return for Risk
JAGTX vs. PAEAX — Risk / Return Rank
JAGTX
PAEAX
JAGTX vs. PAEAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Global Technology and Innovation Fund (JAGTX) and Putnam Dynamic Asset Allocation Growth Fund (PAEAX). 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.
| JAGTX | PAEAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 1.24 | -0.08 |
Sortino ratioReturn per unit of downside risk | 1.72 | 1.90 | -0.18 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.27 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.79 | 1.66 | +0.13 |
Martin ratioReturn relative to average drawdown | 6.06 | 8.02 | -1.96 |
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
| JAGTX | PAEAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 1.24 | -0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.58 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.68 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.54 | -0.08 |
Correlation
The correlation between JAGTX and PAEAX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
JAGTX vs. PAEAX - Dividend Comparison
JAGTX's dividend yield for the trailing twelve months is around 14.73%, more than PAEAX's 6.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAGTX Janus Global Technology and Innovation Fund | 14.73% | 13.69% | 23.66% | 0.78% | 0.00% | 16.05% | 9.00% | 8.62% | 6.56% | 7.50% | 4.85% | 8.12% |
PAEAX Putnam Dynamic Asset Allocation Growth Fund | 6.94% | 6.83% | 11.00% | 4.18% | 1.73% | 14.90% | 0.47% | 1.56% | 10.41% | 10.22% | 1.58% | 6.53% |
Drawdowns
JAGTX vs. PAEAX - Drawdown Comparison
The maximum JAGTX drawdown since its inception was -84.57%, which is greater than PAEAX's maximum drawdown of -53.25%. Use the drawdown chart below to compare losses from any high point for JAGTX and PAEAX.
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Drawdown Indicators
| JAGTX | PAEAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.57% | -53.25% | -31.32% |
Max Drawdown (1Y)Largest decline over 1 year | -15.95% | -10.31% | -5.64% |
Max Drawdown (5Y)Largest decline over 5 years | -46.52% | -23.30% | -23.22% |
Max Drawdown (10Y)Largest decline over 10 years | -46.52% | -28.57% | -17.95% |
Current DrawdownCurrent decline from peak | -12.56% | -5.36% | -7.20% |
Average DrawdownAverage peak-to-trough decline | -40.07% | -7.70% | -32.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.70% | 2.13% | +2.57% |
Volatility
JAGTX vs. PAEAX - Volatility Comparison
Janus Global Technology and Innovation Fund (JAGTX) has a higher volatility of 8.31% compared to Putnam Dynamic Asset Allocation Growth Fund (PAEAX) at 4.95%. This indicates that JAGTX's price experiences larger fluctuations and is considered to be riskier than PAEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JAGTX | PAEAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.31% | 4.95% | +3.36% |
Volatility (6M)Calculated over the trailing 6-month period | 16.28% | 8.16% | +8.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.52% | 14.96% | +10.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.67% | 15.37% | +11.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.60% | 14.96% | +9.64% |