JATIX vs. FNGS
Compare and contrast key facts about Janus Henderson Global Technology and Innovation Fund Class I (JATIX) and MicroSectors FANG+ ETN (FNGS).
JATIX is managed by Janus Henderson. It was launched on Dec 31, 1998. FNGS is a passively managed fund by BMO Financial Group that tracks the performance of the NYSE FANG+ Index. It was launched on Nov 12, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JATIX or FNGS.
Correlation
The correlation between JATIX and FNGS is 0.88, 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.
Performance
JATIX vs. FNGS - Performance Comparison
Key characteristics
JATIX:
0.47
FNGS:
1.61
JATIX:
0.74
FNGS:
2.13
JATIX:
1.11
FNGS:
1.28
JATIX:
0.70
FNGS:
2.33
JATIX:
1.61
FNGS:
7.36
JATIX:
6.93%
FNGS:
5.62%
JATIX:
23.59%
FNGS:
25.73%
JATIX:
-53.87%
FNGS:
-48.98%
JATIX:
-10.40%
FNGS:
-1.13%
Returns By Period
In the year-to-date period, JATIX achieves a 4.36% return, which is significantly lower than FNGS's 5.72% return.
JATIX
4.36%
2.54%
-2.74%
13.44%
9.34%
11.32%
FNGS
5.72%
4.61%
22.51%
45.84%
29.61%
N/A
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JATIX vs. FNGS - Expense Ratio Comparison
JATIX has a 0.76% expense ratio, which is higher than FNGS's 0.58% expense ratio.
Risk-Adjusted Performance
JATIX vs. FNGS — Risk-Adjusted Performance Rank
JATIX
FNGS
JATIX vs. FNGS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Technology and Innovation Fund Class I (JATIX) and MicroSectors FANG+ ETN (FNGS). 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.
Dividends
JATIX vs. FNGS - Dividend Comparison
Neither JATIX nor FNGS has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JATIX Janus Henderson Global Technology and Innovation Fund Class I | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.15% | 0.60% | 0.23% | 0.05% | 0.00% | 0.50% | 0.23% |
FNGS MicroSectors FANG+ ETN | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JATIX vs. FNGS - Drawdown Comparison
The maximum JATIX drawdown since its inception was -53.87%, which is greater than FNGS's maximum drawdown of -48.98%. Use the drawdown chart below to compare losses from any high point for JATIX and FNGS. For additional features, visit the drawdowns tool.
Volatility
JATIX vs. FNGS - Volatility Comparison
The current volatility for Janus Henderson Global Technology and Innovation Fund Class I (JATIX) is 6.47%, while MicroSectors FANG+ ETN (FNGS) has a volatility of 6.90%. This indicates that JATIX experiences smaller price fluctuations and is considered to be less risky than FNGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.