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JATAX vs. JARTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JATAX vs. JARTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Global Technology and Innovation Fund Class A (JATAX) and Janus Henderson Forty Fund (JARTX). The values are adjusted to include any dividend payments, if applicable.

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JATAX vs. JARTX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
JATAX
Janus Henderson Global Technology and Innovation Fund Class A
-10.67%24.77%32.09%55.02%-37.75%17.31%50.90%45.36%0.72%44.47%
JARTX
Janus Henderson Forty Fund
-16.07%17.88%27.76%39.50%-33.81%22.30%38.69%36.30%1.10%29.05%

Returns By Period

In the year-to-date period, JATAX achieves a -10.67% return, which is significantly higher than JARTX's -16.07% return. Over the past 10 years, JATAX has outperformed JARTX with an annualized return of 19.75%, while JARTX has yielded a comparatively lower 13.90% annualized return.


JATAX

1D
-1.43%
1M
-10.87%
YTD
-10.67%
6M
-9.92%
1Y
24.15%
3Y*
23.11%
5Y*
10.34%
10Y*
19.75%

JARTX

1D
-0.49%
1M
-8.91%
YTD
-16.07%
6M
-15.92%
1Y
8.52%
3Y*
15.66%
5Y*
7.00%
10Y*
13.90%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JATAX vs. JARTX - Expense Ratio Comparison

JATAX has a 1.00% expense ratio, which is lower than JARTX's 1.20% expense ratio.


Return for Risk

JATAX vs. JARTX — Risk / Return Rank

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

JATAX
JATAX Risk / Return Rank: 4646
Overall Rank
JATAX Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
JATAX Sortino Ratio Rank: 4949
Sortino Ratio Rank
JATAX Omega Ratio Rank: 4444
Omega Ratio Rank
JATAX Calmar Ratio Rank: 5050
Calmar Ratio Rank
JATAX Martin Ratio Rank: 4141
Martin Ratio Rank

JARTX
JARTX Risk / Return Rank: 1313
Overall Rank
JARTX Sharpe Ratio Rank: 1414
Sharpe Ratio Rank
JARTX Sortino Ratio Rank: 1515
Sortino Ratio Rank
JARTX Omega Ratio Rank: 1414
Omega Ratio Rank
JARTX Calmar Ratio Rank: 1111
Calmar Ratio Rank
JARTX Martin Ratio Rank: 1111
Martin Ratio Rank
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.

JATAX vs. JARTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Technology and Innovation Fund Class A (JATAX) and Janus Henderson Forty Fund (JARTX). 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.


JATAXJARTXDifference

Sharpe ratio

Return per unit of total volatility

0.93

0.35

+0.58

Sortino ratio

Return per unit of downside risk

1.44

0.66

+0.78

Omega ratio

Gain probability vs. loss probability

1.20

1.09

+0.11

Calmar ratio

Return relative to maximum drawdown

1.25

0.25

+1.00

Martin ratio

Return relative to average drawdown

4.33

0.87

+3.45

JATAX vs. JARTX - Sharpe Ratio Comparison

The current JATAX Sharpe Ratio is 0.93, which is higher than the JARTX Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of JATAX and JARTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


JATAXJARTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.93

0.35

+0.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.40

0.32

+0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.81

0.65

+0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

0.55

+0.27

Correlation

The correlation between JATAX and JARTX is 0.94, 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

JATAX vs. JARTX - Dividend Comparison

JATAX's dividend yield for the trailing twelve months is around 15.91%, less than JARTX's 16.27% yield.


TTM20252024202320222021202020192018201720162015
JATAX
Janus Henderson Global Technology and Innovation Fund Class A
15.91%14.21%12.24%0.80%0.00%16.47%9.16%9.08%6.63%7.63%4.92%7.87%
JARTX
Janus Henderson Forty Fund
16.27%13.65%11.51%9.10%0.06%10.26%8.38%7.05%8.95%14.50%6.57%15.93%

Drawdowns

JATAX vs. JARTX - Drawdown Comparison

The maximum JATAX drawdown since its inception was -46.55%, smaller than the maximum JARTX drawdown of -56.70%. Use the drawdown chart below to compare losses from any high point for JATAX and JARTX.


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Drawdown Indicators


JATAXJARTXDifference

Max Drawdown

Largest peak-to-trough decline

-46.55%

-56.70%

+10.15%

Max Drawdown (1Y)

Largest decline over 1 year

-15.97%

-19.19%

+3.22%

Max Drawdown (5Y)

Largest decline over 5 years

-46.55%

-41.09%

-5.46%

Max Drawdown (10Y)

Largest decline over 10 years

-46.55%

-41.09%

-5.46%

Current Drawdown

Current decline from peak

-15.97%

-19.19%

+3.22%

Average Drawdown

Average peak-to-trough decline

-6.82%

-16.91%

+10.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.63%

5.53%

-0.90%

Volatility

JATAX vs. JARTX - Volatility Comparison

Janus Henderson Global Technology and Innovation Fund Class A (JATAX) has a higher volatility of 7.02% compared to Janus Henderson Forty Fund (JARTX) at 6.14%. This indicates that JATAX's price experiences larger fluctuations and is considered to be riskier than JARTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


JATAXJARTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.02%

6.14%

+0.88%

Volatility (6M)

Calculated over the trailing 6-month period

15.78%

13.00%

+2.78%

Volatility (1Y)

Calculated over the trailing 1-year period

25.26%

22.54%

+2.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.22%

21.90%

+4.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.36%

21.33%

+3.03%