JDBAX vs. JNGTX
Compare and contrast key facts about Janus Henderson Balanced Fund Class A (JDBAX) and Janus Henderson Global Technology and Innovation Fund Class D (JNGTX).
JDBAX is managed by Janus Henderson. It was launched on Sep 1, 1992. JNGTX is managed by Janus Henderson. It was launched on Dec 31, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JDBAX or JNGTX.
Correlation
The correlation between JDBAX and JNGTX 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
JDBAX vs. JNGTX - Performance Comparison
Key characteristics
JDBAX:
1.02
JNGTX:
0.56
JDBAX:
1.33
JNGTX:
0.84
JDBAX:
1.20
JNGTX:
1.12
JDBAX:
1.24
JNGTX:
0.81
JDBAX:
3.55
JNGTX:
1.90
JDBAX:
2.90%
JNGTX:
6.91%
JDBAX:
10.10%
JNGTX:
23.68%
JDBAX:
-33.09%
JNGTX:
-53.97%
JDBAX:
-4.29%
JNGTX:
-10.52%
Returns By Period
In the year-to-date period, JDBAX achieves a 3.38% return, which is significantly lower than JNGTX's 4.36% return. Over the past 10 years, JDBAX has underperformed JNGTX with an annualized return of 5.81%, while JNGTX has yielded a comparatively higher 11.15% annualized return.
JDBAX
3.38%
2.30%
0.66%
9.62%
5.70%
5.81%
JNGTX
4.36%
2.55%
-2.81%
11.72%
8.60%
11.15%
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JDBAX vs. JNGTX - Expense Ratio Comparison
JDBAX has a 0.89% expense ratio, which is higher than JNGTX's 0.79% expense ratio.
Risk-Adjusted Performance
JDBAX vs. JNGTX — Risk-Adjusted Performance Rank
JDBAX
JNGTX
JDBAX vs. JNGTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Balanced Fund Class A (JDBAX) 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.
Dividends
JDBAX vs. JNGTX - Dividend Comparison
JDBAX's dividend yield for the trailing twelve months is around 1.84%, while JNGTX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JDBAX Janus Henderson Balanced Fund Class A | 1.84% | 1.90% | 2.08% | 0.91% | 0.67% | 1.22% | 1.63% | 1.68% | 1.69% | 1.99% | 1.50% | 1.72% |
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.35% | 0.14% | 0.01% | 0.00% | 0.36% | 0.12% |
Drawdowns
JDBAX vs. JNGTX - Drawdown Comparison
The maximum JDBAX drawdown since its inception was -33.09%, smaller than the maximum JNGTX drawdown of -53.97%. Use the drawdown chart below to compare losses from any high point for JDBAX and JNGTX. For additional features, visit the drawdowns tool.
Volatility
JDBAX vs. JNGTX - Volatility Comparison
The current volatility for Janus Henderson Balanced Fund Class A (JDBAX) is 2.41%, while Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) has a volatility of 6.58%. This indicates that JDBAX 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.