JATIX vs. ARKVX

Last updated Aug 1, 2026

JATIX (Janus Henderson Global Technology and Innovation Fund Class I) and ARKVX (ARK Venture Fund) are both Technology Equities funds. Over the past 3 years, JATIX returned 28.45%/yr vs 30.10%/yr for ARKVX. Their 0.57 correlation means they have sometimes moved together and sometimes differently. JATIX charges 0.76%/yr vs 3.50%/yr for ARKVX.

Performance

JATIX vs. ARKVX - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with JATIX having a 18.32% return and ARKVX slightly higher at 19.13%.

JATIX

• 1D: 6.74%
• 1M: -6.32%
• 6M: 15.74%
• YTD: 18.32%
• 1Y: 27.46%
• 3Y*: 28.45%
• 5Y*: 13.97%
• 10Y*: 22.08%
• ALL TIME*: 19.90%

ARKVX

• 1D: 0.79%
• 1M: -5.42%
• 6M: 16.90%
• YTD: 19.13%
• 1Y: 63.56%
• 3Y*: 30.10%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 34.19%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARKVX ARK Venture Fund	$0.00	$0.00	$0.00
JATIX Janus Henderson Global Technology and Innovation Fund Class I	$0.00	$0.00	$0.00

JATIX vs. ARKVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
JATIX Janus Henderson Global Technology and Innovation Fund Class I	18.32%	25.04%	32.38%	55.38%	6.19%
ARKVX ARK Venture Fund	19.13%	55.68%	6.69%	61.25%	-6.24%

Correlation

The correlation between JATIX and ARKVX is 0.40, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.40
Correlation (3Y) Balances recent behavior with more history.	0.52
Correlation (All Time) Calculated using the full available price history since Nov 7, 2022	0.57

The correlation between JATIX and ARKVX shifts across timeframes, from 0.40 (1 year) to 0.57 (all time), reflecting how their relationship changes across market environments.

Return for Risk

JATIX vs. ARKVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

JATIX

JATIX Risk / Return Rank: 29
JATIX Sharpe Ratio Rank: 28
JATIX Sortino Ratio Rank: 28
JATIX Omega Ratio Rank: 29
JATIX Calmar Ratio Rank: 31
JATIX Martin Ratio Rank: 31

ARKVX

ARKVX Risk / Return Rank: 99
ARKVX Sharpe Ratio Rank: 99
ARKVX Sortino Ratio Rank: 99
ARKVX Omega Ratio Rank: 98
ARKVX Calmar Ratio Rank: 99
ARKVX Martin Ratio Rank: 98

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

JATIX vs. ARKVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Technology and Innovation Fund Class I (JATIX) and ARK Venture Fund (ARKVX). 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.

	JATIX	ARKVX	Difference
Sharpe ratio: Return per unit of total volatility	0.91	3.69	-2.78
Sortino ratio: Return per unit of downside risk	1.35	8.36	-7.01
Omega ratio: Gain probability vs. loss probability	1.17	2.06	-0.89
Calmar ratio: Return relative to maximum drawdown	1.33	9.02	-7.69
Martin ratio: Return relative to average drawdown	4.38	28.09	-23.71

JATIX vs. ARKVX - Sharpe Ratio Comparison

The current JATIX Sharpe Ratio is 0.91, which is lower than the ARKVX Sharpe Ratio of 3.69. The chart below compares the historical Sharpe Ratios of JATIX and ARKVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

JATIX vs. ARKVX - Drawdown Comparison

The maximum JATIX drawdown since its inception was -46.43%, which is greater than ARKVX's maximum drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for JATIX and ARKVX.

Drawdown Indicators

	JATIX	ARKVX	Difference
Max Drawdown Largest peak-to-trough decline	-46.43%	-19.10%	-27.33%
Max Drawdown (1Y) Largest decline over 1 year	-18.53%	-8.14%	-10.39%
Max Drawdown (3Y) Largest decline over 3 years	-23.92%	-15.02%	-8.90%
Max Drawdown (5Y) Largest decline over 5 years	-46.43%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-46.43%	—	—
Current Drawdown Current decline from peak	-13.04%	-5.98%	-7.06%
Average Drawdown Average peak-to-trough decline	-6.73%	-4.14%	-2.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.60%	2.57%	+3.03%

Volatility

JATIX vs. ARKVX - Volatility Comparison

Janus Henderson Global Technology and Innovation Fund Class I (JATIX) has a higher volatility of 12.44% compared to ARK Venture Fund (ARKVX) at 3.86%. This indicates that JATIX's price experiences larger fluctuations and is considered to be riskier than ARKVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JATIX	ARKVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.44%	3.86%	+8.58%
Volatility (6M) Calculated over the trailing 6-month period	23.71%	10.83%	+12.88%
Volatility (1Y) Calculated over the trailing 1-year period	26.97%	19.90%	+7.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.50%	18.73%	+8.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.09%	18.73%	+6.36%

JATIX vs. ARKVX - Expense Ratio Comparison

JATIX has a 0.76% expense ratio, which is lower than ARKVX's 3.50% expense ratio.

Dividends

JATIX vs. ARKVX - Dividend Comparison

JATIX's dividend yield for the trailing twelve months is around 11.14%, while ARKVX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARKVX ARK Venture Fund	0.00%	0.00%	0.32%	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JATIX Janus Henderson Global Technology and Innovation Fund Class I	11.14%	13.19%	11.48%	0.76%	0.00%	15.67%	8.94%	8.47%	6.65%	7.41%	4.80%	7.71%

Frequently Asked Questions

Can I hold both JATIX and ARKVX in my portfolio?

JATIX and ARKVX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JATIX or ARKVX?

JATIX has higher volatility (12.44%) compared to ARKVX (3.86%). In terms of maximum drawdown, JATIX dropped -46.43% vs ARKVX's -19.10%.

Which has better risk-adjusted returns?

ARKVX currently has the higher Sharpe Ratio (3.69 vs 0.91), 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.