JATIX vs. SLMCX
JATIX (Janus Henderson Global Technology and Innovation Fund Class I) and SLMCX (Columbia Seligman Technology and Information Fund Class A) are both Technology Equities funds. Over the past 10 years, JATIX returned 22.08%/yr vs 26.27%/yr for SLMCX. Their correlation of 0.90 means they have usually moved in the same direction. JATIX charges 0.76%/yr vs 1.16%/yr for SLMCX.
Performance
JATIX vs. SLMCX - Performance Comparison
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Returns By Period
In the year-to-date period, JATIX achieves a 18.32% return, which is significantly lower than SLMCX's 45.62% return. Over the past 10 years, JATIX has underperformed SLMCX with an annualized return of 22.08%, while SLMCX has yielded a comparatively higher 26.27% annualized return.
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%
SLMCX
- 1D
- 4.87%
- 1M
- -3.57%
- 6M
- 32.79%
- YTD
- 45.62%
- 1Y
- 84.57%
- 3Y*
- 39.12%
- 5Y*
- 23.40%
- 10Y*
- 26.27%
- ALL TIME*
- 23.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JATIX vs. SLMCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JATIX Janus Henderson Global Technology and Innovation Fund Class I | 18.32% | 25.04% | 32.38% | 55.38% | -37.60% | 17.57% | 51.25% | 45.27% | 0.97% | 44.79% |
SLMCX Columbia Seligman Technology and Information Fund Class A | 45.62% | 37.32% | 26.67% | 44.27% | -31.14% | 38.97% | 44.45% | 54.15% | -8.12% | 34.08% |
Correlation
The correlation between JATIX and SLMCX is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2009 | 0.90 |
The correlation between JATIX and SLMCX shifts across timeframes, from 0.80 (1 year) to 0.91 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
JATIX vs. SLMCX — Risk / Return Rank
JATIX
SLMCX
JATIX vs. SLMCX - 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 Columbia Seligman Technology and Information Fund Class A (SLMCX). 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 | SLMCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.42 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.33 | 6.33 | -5.00 |
| Martin ratioReturn relative to average drawdown | 4.38 | 20.79 | -16.42 |
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Drawdowns
JATIX vs. SLMCX - Drawdown Comparison
The maximum JATIX drawdown since its inception was -46.43%, smaller than the maximum SLMCX drawdown of -68.10%. Use the drawdown chart below to compare losses from any high point for JATIX and SLMCX.
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Drawdown Indicators
| JATIX | SLMCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.43% | -68.10% | +21.67% |
Max Drawdown (1Y)Largest decline over 1 year | -18.53% | -12.79% | -5.74% |
Max Drawdown (3Y)Largest decline over 3 years | -23.92% | -29.13% | +5.21% |
Max Drawdown (5Y)Largest decline over 5 years | -46.43% | -37.32% | -9.11% |
Max Drawdown (10Y)Largest decline over 10 years | -46.43% | -37.32% | -9.11% |
Current DrawdownCurrent decline from peak | -13.04% | -8.54% | -4.50% |
Average DrawdownAverage peak-to-trough decline | -6.73% | -12.97% | +6.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.60% | 3.87% | +1.73% |
Volatility
JATIX vs. SLMCX - Volatility Comparison
Janus Henderson Global Technology and Innovation Fund Class I (JATIX) has a higher volatility of 12.44% compared to Columbia Seligman Technology and Information Fund Class A (SLMCX) at 10.04%. This indicates that JATIX's price experiences larger fluctuations and is considered to be riskier than SLMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JATIX | SLMCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.44% | 10.04% | +2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 23.71% | 23.32% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.97% | 29.59% | -2.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.50% | 26.92% | +0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.09% | 26.39% | -1.30% |
JATIX vs. SLMCX - Expense Ratio Comparison
JATIX has a 0.76% expense ratio, which is lower than SLMCX's 1.16% expense ratio.
Dividends
JATIX vs. SLMCX - Dividend Comparison
JATIX's dividend yield for the trailing twelve months is around 11.14%, more than SLMCX's 6.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SLMCX Columbia Seligman Technology and Information Fund Class A | 6.49% | 9.45% | 14.27% | 5.16% | 9.42% | 11.75% | 10.40% | 11.44% | 12.33% | 11.15% | 8.19% | 10.79% |
Frequently Asked Questions
JATIX and SLMCX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JATIX has higher volatility (12.44%) compared to SLMCX (10.04%). In terms of maximum drawdown, JATIX dropped -46.43% vs SLMCX's -68.10%.
SLMCX currently has the higher Sharpe Ratio (2.74 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.
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