JATIX vs. QQQ
Compare and contrast key facts about Janus Henderson Global Technology and Innovation Fund Class I (JATIX) and Invesco QQQ (QQQ).
JATIX is managed by Janus Henderson. It was launched on Dec 31, 1998. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JATIX or QQQ.
Correlation
The correlation between JATIX and QQQ is 0.87, 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. QQQ - Performance Comparison
Key characteristics
JATIX:
-0.01
QQQ:
0.49
JATIX:
0.19
QQQ:
0.85
JATIX:
1.03
QQQ:
1.12
JATIX:
-0.01
QQQ:
0.54
JATIX:
-0.02
QQQ:
1.86
JATIX:
11.31%
QQQ:
6.59%
JATIX:
29.46%
QQQ:
25.26%
JATIX:
-53.87%
QQQ:
-82.98%
JATIX:
-21.63%
QQQ:
-13.25%
Returns By Period
The year-to-date returns for both investments are quite close, with JATIX having a -8.73% return and QQQ slightly higher at -8.45%. Over the past 10 years, JATIX has underperformed QQQ with an annualized return of 9.58%, while QQQ has yielded a comparatively higher 16.49% annualized return.
JATIX
-8.73%
-5.03%
-16.26%
-2.48%
8.37%
9.58%
QQQ
-8.45%
-5.29%
-4.78%
10.24%
17.72%
16.49%
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JATIX vs. QQQ - Expense Ratio Comparison
JATIX has a 0.76% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
JATIX vs. QQQ — Risk-Adjusted Performance Rank
JATIX
QQQ
JATIX vs. QQQ - 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 Invesco QQQ (QQQ). 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. QQQ - Dividend Comparison
JATIX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.64%.
| 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% |
QQQ Invesco QQQ | 0.64% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
JATIX vs. QQQ - Drawdown Comparison
The maximum JATIX drawdown since its inception was -53.87%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for JATIX and QQQ. For additional features, visit the drawdowns tool.
Volatility
JATIX vs. QQQ - Volatility Comparison
Janus Henderson Global Technology and Innovation Fund Class I (JATIX) and Invesco QQQ (QQQ) have volatilities of 17.55% and 16.89%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.