JAWWX vs. JNGTX
JAWWX (Janus Henderson Global Research Fund Class T) and JNGTX (Janus Henderson Global Technology and Innovation Fund Class D) are both mutual funds - JAWWX is a Global Equities fund actively managed by Janus Henderson, while JNGTX is a Technology Equities fund managed by Janus Henderson. Over the past 10 years, JAWWX returned 13.55%/yr vs 24.49%/yr for JNGTX. Their correlation of 0.86 suggests significant overlap in exposure. JAWWX charges 0.87%/yr vs 0.79%/yr for JNGTX.
Performance
JAWWX vs. JNGTX - Performance Comparison
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Returns By Period
In the year-to-date period, JAWWX achieves a 7.76% return, which is significantly lower than JNGTX's 33.88% return. Over the past 10 years, JAWWX has underperformed JNGTX with an annualized return of 13.55%, while JNGTX has yielded a comparatively higher 24.49% annualized return.
JAWWX
- 1D
- -1.10%
- 1M
- 3.31%
- YTD
- 7.76%
- 6M
- 8.24%
- 1Y
- 20.03%
- 3Y*
- 21.46%
- 5Y*
- 11.71%
- 10Y*
- 13.55%
JNGTX
- 1D
- -0.99%
- 1M
- 15.98%
- YTD
- 33.88%
- 6M
- 33.76%
- 1Y
- 57.31%
- 3Y*
- 36.62%
- 5Y*
- 18.70%
- 10Y*
- 24.49%
JAWWX vs. JNGTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JAWWX Janus Henderson Global Research Fund Class T | 7.76% | 20.67% | 23.40% | 26.66% | -19.64% | 17.72% | 20.09% | 28.78% | -6.97% | 26.75% |
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 33.88% | 25.00% | 32.34% | 55.33% | -37.63% | 17.53% | 51.18% | 45.15% | 0.92% | 44.69% |
Correlation
The correlation between JAWWX and JNGTX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1999 | 0.86 |
The correlation between JAWWX and JNGTX has been stable across timeframes, ranging from 0.82 to 0.89 - a consistent structural relationship.
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Return for Risk
JAWWX vs. JNGTX — Risk / Return Rank
JAWWX
JNGTX
JAWWX vs. JNGTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Research Fund Class T (JAWWX) and Janus Henderson Global Technology and Innovation Fund Class D (JNGTX). 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.
| JAWWX | JNGTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.47 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.91 | 3.71 | -1.79 |
| Martin ratioReturn relative to average drawdown | 8.54 | 12.70 | -4.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JAWWX | JNGTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | 2.85 | -1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.67 | 0.71 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 1.00 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.49 | -0.08 |
Drawdowns
JAWWX vs. JNGTX - Drawdown Comparison
The maximum JAWWX drawdown since its inception was -76.60%, smaller than the maximum JNGTX drawdown of -84.79%. Use the drawdown chart below to compare losses from any high point for JAWWX and JNGTX.
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Drawdown Indicators
| JAWWX | JNGTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.60% | -84.79% | +8.19% |
Max Drawdown (1Y)Largest decline over 1 year | -10.78% | -15.93% | +5.15% |
Max Drawdown (3Y)Largest decline over 3 years | -17.26% | -23.91% | +6.65% |
Max Drawdown (5Y)Largest decline over 5 years | -29.05% | -46.46% | +17.41% |
Max Drawdown (10Y)Largest decline over 10 years | -34.79% | -46.46% | +11.67% |
Current DrawdownCurrent decline from peak | -1.10% | -0.99% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -25.90% | -40.22% | +14.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.41% | 4.64% | -2.23% |
Volatility
JAWWX vs. JNGTX - Volatility Comparison
The current volatility for Janus Henderson Global Research Fund Class T (JAWWX) is 3.52%, while Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) has a volatility of 6.92%. This indicates that JAWWX experiences smaller price fluctuations and is considered to be less risky than JNGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JAWWX | JNGTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.52% | 6.92% | -3.40% |
Volatility (6M)Calculated over the trailing 6-month period | 10.01% | 17.05% | -7.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.53% | 20.70% | -8.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.45% | 26.44% | -8.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.00% | 24.58% | -6.58% |
JAWWX vs. JNGTX - Expense Ratio Comparison
JAWWX has a 0.87% expense ratio, which is higher than JNGTX's 0.79% expense ratio.
Dividends
JAWWX vs. JNGTX - Dividend Comparison
JAWWX's dividend yield for the trailing twelve months is around 7.45%, less than JNGTX's 10.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAWWX Janus Henderson Global Research Fund Class T | 7.45% | 8.03% | 8.21% | 4.82% | 4.44% | 11.58% | 3.68% | 4.77% | 6.85% | 0.60% | 0.75% | 0.75% |
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 10.02% | 13.42% | 11.65% | 0.77% | 0.00% | 15.86% | 8.99% | 8.55% | 6.61% | 7.47% | 4.83% | 7.75% |
Frequently Asked Questions
JAWWX and JNGTX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNGTX has higher volatility (6.92%) compared to JAWWX (3.52%). In terms of maximum drawdown, JAWWX dropped -76.60% vs JNGTX's -84.79%.
JNGTX currently has the higher Sharpe Ratio (2.85 vs 1.65), 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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