JATIX vs. SOXX
Compare and contrast key facts about Janus Henderson Global Technology and Innovation Fund Class I (JATIX) and iShares PHLX Semiconductor ETF (SOXX).
JATIX is managed by Janus Henderson. It was launched on Dec 31, 1998. SOXX is a passively managed fund by iShares that tracks the performance of the PHLX Semiconductor Sector Index. It was launched on Jul 10, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JATIX or SOXX.
Correlation
The correlation between JATIX and SOXX is 0.78, 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. SOXX - Performance Comparison
Key characteristics
JATIX:
0.36
SOXX:
-0.22
JATIX:
0.69
SOXX:
-0.03
JATIX:
1.09
SOXX:
1.00
JATIX:
0.42
SOXX:
-0.23
JATIX:
1.39
SOXX:
-0.56
JATIX:
7.18%
SOXX:
17.37%
JATIX:
27.80%
SOXX:
43.48%
JATIX:
-46.43%
SOXX:
-70.21%
JATIX:
-12.19%
SOXX:
-30.02%
Returns By Period
In the year-to-date period, JATIX achieves a -7.59% return, which is significantly higher than SOXX's -14.13% return. Over the past 10 years, JATIX has underperformed SOXX with an annualized return of 17.59%, while SOXX has yielded a comparatively higher 20.74% annualized return.
JATIX
-7.59%
-1.35%
-6.23%
9.96%
16.47%
17.59%
SOXX
-14.13%
-6.88%
-19.27%
-12.42%
20.27%
20.74%
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JATIX vs. SOXX - Expense Ratio Comparison
JATIX has a 0.76% expense ratio, which is higher than SOXX's 0.46% expense ratio.
Risk-Adjusted Performance
JATIX vs. SOXX — Risk-Adjusted Performance Rank
JATIX
SOXX
JATIX vs. SOXX - 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 iShares PHLX Semiconductor ETF (SOXX). 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. SOXX - Dividend Comparison
JATIX's dividend yield for the trailing twelve months is around 12.42%, more than SOXX's 0.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JATIX Janus Henderson Global Technology and Innovation Fund Class I | 12.42% | 11.48% | 0.76% | 0.00% | 15.67% | 8.94% | 9.07% | 6.65% | 7.45% | 4.80% | 8.21% | 17.70% |
SOXX iShares PHLX Semiconductor ETF | 0.80% | 0.67% | 0.78% | 1.25% | 0.64% | 0.81% | 1.23% | 1.37% | 0.90% | 1.08% | 1.29% | 1.56% |
Drawdowns
JATIX vs. SOXX - Drawdown Comparison
The maximum JATIX drawdown since its inception was -46.43%, smaller than the maximum SOXX drawdown of -70.21%. Use the drawdown chart below to compare losses from any high point for JATIX and SOXX. For additional features, visit the drawdowns tool.
Volatility
JATIX vs. SOXX - Volatility Comparison
The current volatility for Janus Henderson Global Technology and Innovation Fund Class I (JATIX) is 17.43%, while iShares PHLX Semiconductor ETF (SOXX) has a volatility of 25.98%. This indicates that JATIX experiences smaller price fluctuations and is considered to be less risky than SOXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.