JDBAX vs. JAGTX
Compare and contrast key facts about Janus Henderson Balanced Fund Class A (JDBAX) and Janus Global Technology and Innovation Fund (JAGTX).
JDBAX is managed by Janus Henderson. It was launched on Sep 1, 1992. JAGTX is a passively managed fund by Janus Henderson that tracks the performance of the MSCI All Country World Information Technology Index. It was launched on Dec 31, 1998.
Performance
JDBAX vs. JAGTX - Performance Comparison
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JDBAX vs. JAGTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JDBAX Janus Henderson Balanced Fund Class A | -5.36% | 14.78% | 20.54% | 15.17% | -16.75% | 16.99% | 14.14% | 25.01% | 0.39% | 18.23% |
JAGTX Janus Global Technology and Innovation Fund | -7.05% | 24.86% | 47.04% | 55.16% | -37.69% | 17.39% | 51.00% | 45.08% | 0.78% | 44.62% |
Returns By Period
In the year-to-date period, JDBAX achieves a -5.36% return, which is significantly higher than JAGTX's -7.05% return. Over the past 10 years, JDBAX has underperformed JAGTX with an annualized return of 9.97%, while JAGTX has yielded a comparatively higher 21.58% annualized return.
JDBAX
- 1D
- 1.63%
- 1M
- -4.85%
- YTD
- -5.36%
- 6M
- -4.16%
- 1Y
- 10.47%
- 3Y*
- 12.76%
- 5Y*
- 7.45%
- 10Y*
- 9.97%
JAGTX
- 1D
- 4.03%
- 1M
- -7.48%
- YTD
- -7.05%
- 6M
- -6.61%
- 1Y
- 27.62%
- 3Y*
- 29.35%
- 5Y*
- 13.04%
- 10Y*
- 21.58%
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JDBAX vs. JAGTX - Expense Ratio Comparison
JDBAX has a 0.89% expense ratio, which is lower than JAGTX's 0.91% expense ratio.
Return for Risk
JDBAX vs. JAGTX — Risk / Return Rank
JDBAX
JAGTX
JDBAX vs. JAGTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Balanced Fund Class A (JDBAX) and Janus Global Technology and Innovation Fund (JAGTX). 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.
| JDBAX | JAGTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 1.15 | -0.24 |
Sortino ratioReturn per unit of downside risk | 1.39 | 1.72 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.24 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.79 | -0.41 |
Martin ratioReturn relative to average drawdown | 5.47 | 6.06 | -0.59 |
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
| JDBAX | JAGTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 1.15 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.49 | +0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.88 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.46 | +0.18 |
Correlation
The correlation between JDBAX and JAGTX is 0.86, 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.
Dividends
JDBAX vs. JAGTX - Dividend Comparison
JDBAX's dividend yield for the trailing twelve months is around 8.67%, less than JAGTX's 14.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JDBAX Janus Henderson Balanced Fund Class A | 8.67% | 8.62% | 11.67% | 2.08% | 1.76% | 4.34% | 2.35% | 4.62% | 6.84% | 5.05% | 2.43% | 5.68% |
JAGTX Janus Global Technology and Innovation Fund | 14.73% | 13.69% | 23.66% | 0.78% | 0.00% | 16.05% | 9.00% | 8.62% | 6.56% | 7.50% | 4.85% | 8.12% |
Drawdowns
JDBAX vs. JAGTX - Drawdown Comparison
The maximum JDBAX drawdown since its inception was -34.14%, smaller than the maximum JAGTX drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for JDBAX and JAGTX.
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Drawdown Indicators
| JDBAX | JAGTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.14% | -84.57% | +50.43% |
Max Drawdown (1Y)Largest decline over 1 year | -8.16% | -15.95% | +7.79% |
Max Drawdown (5Y)Largest decline over 5 years | -21.63% | -46.52% | +24.89% |
Max Drawdown (10Y)Largest decline over 10 years | -22.48% | -46.52% | +24.04% |
Current DrawdownCurrent decline from peak | -6.66% | -12.56% | +5.90% |
Average DrawdownAverage peak-to-trough decline | -5.42% | -40.07% | +34.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 4.70% | -2.65% |
Volatility
JDBAX vs. JAGTX - Volatility Comparison
The current volatility for Janus Henderson Balanced Fund Class A (JDBAX) is 3.84%, while Janus Global Technology and Innovation Fund (JAGTX) has a volatility of 8.31%. This indicates that JDBAX experiences smaller price fluctuations and is considered to be less risky than JAGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JDBAX | JAGTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.84% | 8.31% | -4.47% |
Volatility (6M)Calculated over the trailing 6-month period | 6.68% | 16.28% | -9.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.10% | 25.52% | -13.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.31% | 26.67% | -15.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.22% | 24.60% | -13.38% |