JARTX vs. JNGLX
JARTX (Janus Henderson Forty Fund) and JNGLX (Janus Henderson Global Life Sciences Fund) are both mutual funds - JARTX is a Large Cap Growth Equities fund managed by Janus Henderson, while JNGLX is a Health & Biotech Equities fund managed by Janus Henderson. Over the past 10 years, JARTX returned 16.41%/yr vs 11.16%/yr for JNGLX. A 0.72 correlation means they provide meaningful diversification when combined. JARTX charges 1.20%/yr vs 0.80%/yr for JNGLX.
Performance
JARTX vs. JNGLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JARTX achieves a 5.17% return, which is significantly higher than JNGLX's 0.58% return. Over the past 10 years, JARTX has outperformed JNGLX with an annualized return of 16.41%, while JNGLX has yielded a comparatively lower 11.16% annualized return.
JARTX
- 1D
- 1.65%
- 1M
- 1.36%
- YTD
- 5.17%
- 6M
- 5.05%
- 1Y
- 20.74%
- 3Y*
- 20.92%
- 5Y*
- 9.80%
- 10Y*
- 16.41%
JNGLX
- 1D
- -0.40%
- 1M
- 0.72%
- YTD
- 0.58%
- 6M
- 0.05%
- 1Y
- 31.21%
- 3Y*
- 10.25%
- 5Y*
- 7.18%
- 10Y*
- 11.16%
JARTX vs. JNGLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JARTX Janus Henderson Forty Fund | 5.17% | 17.88% | 27.76% | 39.50% | -33.81% | 22.30% | 38.69% | 36.30% | 1.10% | 29.05% |
JNGLX Janus Henderson Global Life Sciences Fund | 0.58% | 24.84% | 3.60% | 7.51% | -2.69% | 6.78% | 25.66% | 29.20% | 4.17% | 22.13% |
Correlation
The correlation between JARTX and JNGLX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1999 | 0.72 |
Over the past year, the correlation between JARTX and JNGLX has dropped to 0.30 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JARTX vs. JNGLX — Risk / Return Rank
JARTX
JNGLX
JARTX vs. JNGLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Forty Fund (JARTX) and Janus Henderson Global Life Sciences Fund (JNGLX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JARTX | JNGLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.96 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.36 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 3.19 | -2.15 |
| Martin ratioReturn relative to average drawdown | 3.34 | 10.17 | -6.84 |
Loading charts...
Drawdowns
JARTX vs. JNGLX - Drawdown Comparison
The maximum JARTX drawdown since its inception was -56.70%, roughly equal to the maximum JNGLX drawdown of -59.00%. Use the drawdown chart below to compare losses from any high point for JARTX and JNGLX.
Loading charts...
Drawdown Indicators
| JARTX | JNGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.70% | -59.00% | +2.30% |
Max Drawdown (1Y)Largest decline over 1 year | -19.19% | -9.68% | -9.51% |
Max Drawdown (3Y)Largest decline over 3 years | -22.22% | -21.17% | -1.05% |
Max Drawdown (5Y)Largest decline over 5 years | -41.09% | -22.21% | -18.88% |
Max Drawdown (10Y)Largest decline over 10 years | -41.09% | -27.37% | -13.72% |
Current DrawdownCurrent decline from peak | -3.33% | -2.44% | -0.89% |
Average DrawdownAverage peak-to-trough decline | -16.81% | -17.62% | +0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.97% | 3.03% | +2.94% |
Volatility
JARTX vs. JNGLX - Volatility Comparison
Janus Henderson Forty Fund (JARTX) has a higher volatility of 7.54% compared to Janus Henderson Global Life Sciences Fund (JNGLX) at 5.38%. This indicates that JARTX's price experiences larger fluctuations and is considered to be riskier than JNGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JARTX | JNGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.54% | 5.38% | +2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 14.85% | 11.25% | +3.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.53% | 15.13% | +3.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.17% | 15.91% | +6.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.54% | 17.40% | +4.14% |
JARTX vs. JNGLX - Expense Ratio Comparison
JARTX has a 1.20% expense ratio, which is higher than JNGLX's 0.80% expense ratio.
Dividends
JARTX vs. JNGLX - Dividend Comparison
JARTX's dividend yield for the trailing twelve months is around 12.98%, more than JNGLX's 4.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JARTX Janus Henderson Forty Fund | 12.98% | 13.65% | 11.51% | 9.10% | 0.06% | 10.26% | 8.38% | 7.05% | 8.95% | 14.50% | 6.57% | 15.93% |
JNGLX Janus Henderson Global Life Sciences Fund | 4.54% | 4.56% | 5.84% | 4.26% | 0.25% | 9.85% | 7.80% | 6.23% | 13.32% | 0.89% | 0.30% | 8.81% |
Frequently Asked Questions
JARTX and JNGLX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JARTX has higher volatility (7.54%) compared to JNGLX (5.38%). In terms of maximum drawdown, JARTX dropped -56.70% vs JNGLX's -59.00%.
JNGLX currently has the higher Sharpe Ratio (2.04 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.
Find the right allocation for JARTX and JNGLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer