JAGTX vs. VGT

Last updated Jun 3, 2026

JAGTX (Janus Global Technology and Innovation Fund) and VGT (Vanguard Information Technology ETF) are both Technology Equities funds - JAGTX tracks the MSCI All Country World Information Technology Index while VGT tracks the MSCI USA IMI Information Technology 25/50 Index. Both are passively managed. Over the past 10 years, JAGTX returned 25.70%/yr vs 25.97%/yr for VGT. Their correlation of 0.93 suggests significant overlap in exposure. JAGTX charges 0.91%/yr vs 0.09%/yr for VGT.

Performance

JAGTX vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Global Technology and Innovation Fund (JAGTX) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with JAGTX having a 33.86% return and VGT slightly lower at 33.62%. Both investments have delivered pretty close results over the past 10 years, with JAGTX having a 25.70% annualized return and VGT not far ahead at 25.97%.

JAGTX

• 1D: 3.11%
• 1M: 18.92%
• YTD: 33.86%
• 6M: 34.30%
• 1Y: 59.95%
• 3Y*: 41.40%
• 5Y*: 21.15%
• 10Y*: 25.70%

VGT

• 1D: 1.27%
• 1M: 19.95%
• YTD: 33.62%
• 6M: 32.71%
• 1Y: 65.14%
• 3Y*: 34.15%
• 5Y*: 23.05%
• 10Y*: 25.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JAGTX vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JAGTX Janus Global Technology and Innovation Fund	33.86%	24.86%	47.04%	55.16%	-37.69%	17.39%	51.00%	45.08%	0.78%	44.62%
VGT Vanguard Information Technology ETF	33.62%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	37.08%

Correlation

The correlation between JAGTX and VGT is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004	0.93

The correlation between JAGTX and VGT has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.

Return for Risk

JAGTX vs. VGT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JAGTX

JAGTX Risk / Return Rank: 78
JAGTX Sharpe Ratio Rank: 90
JAGTX Sortino Ratio Rank: 76
JAGTX Omega Ratio Rank: 74
JAGTX Calmar Ratio Rank: 82
JAGTX Martin Ratio Rank: 67

VGT

VGT Risk / Return Rank: 81
VGT Sharpe Ratio Rank: 91
VGT Sortino Ratio Rank: 86
VGT Omega Ratio Rank: 83
VGT Calmar Ratio Rank: 78
VGT Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JAGTX vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Global Technology and Innovation Fund (JAGTX) and Vanguard Information Technology ETF (VGT). 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	VGT	Difference
Sharpe ratio Return per unit of total volatility	2.97	3.19	-0.22
Sortino ratio Return per unit of downside risk	3.65	3.88	-0.23
Omega ratio Gain probability vs. loss probability	1.49	1.51	-0.02
Calmar ratio Return relative to maximum drawdown	3.81	4.06	-0.25
Martin ratio Return relative to average drawdown	13.08	13.01	+0.07
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JAGTX vs. VGT - Sharpe Ratio Comparison

The current JAGTX Sharpe Ratio is 2.97, which is comparable to the VGT Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of JAGTX and VGT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	JAGTX	VGT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.97	3.19	-0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.92	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.04	1.06	-0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.68	-0.17

Drawdowns

JAGTX vs. VGT - Drawdown Comparison

The maximum JAGTX drawdown since its inception was -84.57%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for JAGTX and VGT.

Drawdown Indicators

	JAGTX	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-84.57%	-54.63%	-29.94%
Max Drawdown (1Y) Largest decline over 1 year	-15.95%	-16.40%	+0.45%
Max Drawdown (3Y) Largest decline over 3 years	-23.94%	-27.23%	+3.29%
Max Drawdown (5Y) Largest decline over 5 years	-46.52%	-35.07%	-11.45%
Max Drawdown (10Y) Largest decline over 10 years	-46.52%	-35.07%	-11.45%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-39.83%	-7.95%	-31.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.65%	5.12%	-0.47%

Volatility

JAGTX vs. VGT - Volatility Comparison

Janus Global Technology and Innovation Fund (JAGTX) has a higher volatility of 6.73% compared to Vanguard Information Technology ETF (VGT) at 5.98%. This indicates that JAGTX's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JAGTX	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.73%	5.98%	+0.75%
Volatility (6M) Calculated over the trailing 6-month period	17.00%	15.98%	+1.02%
Volatility (1Y) Calculated over the trailing 1-year period	20.70%	20.52%	+0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.82%	25.17%	+1.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.78%	24.60%	+0.18%

JAGTX vs. VGT - Expense Ratio Comparison

JAGTX has a 0.91% expense ratio, which is higher than VGT's 0.09% expense ratio.

Dividends

JAGTX vs. VGT - Dividend Comparison

JAGTX's dividend yield for the trailing twelve months is around 10.23%, more than VGT's 0.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
VGT Vanguard Information Technology ETF	0.30%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both JAGTX and VGT in my portfolio?

JAGTX and VGT have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JAGTX or VGT?

JAGTX has higher volatility (6.73%) compared to VGT (5.98%). In terms of maximum drawdown, JAGTX dropped -84.57% vs VGT's -54.63%.

Which has better risk-adjusted returns?

VGT currently has the higher Sharpe Ratio (3.19 vs 2.97), 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.