JDIAX vs. JAGTX
JDIAX (Janus Henderson Overseas Fund Class A) and JAGTX (Janus Global Technology and Innovation Fund) are both mutual funds - JDIAX is a Foreign Large Cap Equities fund actively managed by Janus Henderson, while JAGTX is a Technology Equities fund tracking the MSCI All Country World Information Technology Index. JDIAX is actively managed, while JAGTX is passively managed. Over the past 10 years, JDIAX returned 11.47%/yr vs 25.69%/yr for JAGTX. A 0.72 correlation means they provide meaningful diversification when combined. JDIAX charges 1.16%/yr vs 0.91%/yr for JAGTX.
Performance
JDIAX vs. JAGTX - Performance Comparison
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Returns By Period
In the year-to-date period, JDIAX achieves a 13.52% return, which is significantly lower than JAGTX's 33.82% return. Over the past 10 years, JDIAX has underperformed JAGTX with an annualized return of 11.47%, while JAGTX has yielded a comparatively higher 25.69% annualized return.
JDIAX
- 1D
- -0.91%
- 1M
- 6.74%
- YTD
- 13.52%
- 6M
- 15.62%
- 1Y
- 27.61%
- 3Y*
- 16.93%
- 5Y*
- 8.83%
- 10Y*
- 11.47%
JAGTX
- 1D
- -0.99%
- 1M
- 15.96%
- YTD
- 33.82%
- 6M
- 33.68%
- 1Y
- 57.13%
- 3Y*
- 41.39%
- 5Y*
- 21.13%
- 10Y*
- 25.69%
JDIAX vs. JAGTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JDIAX Janus Henderson Overseas Fund Class A | 13.52% | 28.33% | 5.64% | 10.61% | -8.96% | 12.82% | 16.37% | 26.77% | -15.58% | 30.93% |
JAGTX Janus Global Technology and Innovation Fund | 33.82% | 24.86% | 47.04% | 55.16% | -37.69% | 17.39% | 51.00% | 45.08% | 0.78% | 44.62% |
Correlation
The correlation between JDIAX and JAGTX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.66 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2005 | 0.72 |
The correlation between JDIAX and JAGTX shifts across timeframes, from 0.60 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JDIAX vs. JAGTX — Risk / Return Rank
JDIAX
JAGTX
JDIAX vs. JAGTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Overseas Fund Class A (JDIAX) 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.
| JDIAX | JAGTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.47 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 3.69 | -1.06 |
| Martin ratioReturn relative to average drawdown | 10.75 | 12.64 | -1.89 |
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
| JDIAX | JAGTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.14 | 2.85 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.79 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 1.04 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.51 | -0.25 |
Drawdowns
JDIAX vs. JAGTX - Drawdown Comparison
The maximum JDIAX drawdown since its inception was -67.61%, smaller than the maximum JAGTX drawdown of -84.57%. Use the drawdown chart below to compare losses from any high point for JDIAX and JAGTX.
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Drawdown Indicators
| JDIAX | JAGTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.61% | -84.57% | +16.96% |
Max Drawdown (1Y)Largest decline over 1 year | -10.91% | -15.95% | +5.04% |
Max Drawdown (3Y)Largest decline over 3 years | -16.00% | -23.94% | +7.94% |
Max Drawdown (5Y)Largest decline over 5 years | -26.03% | -46.52% | +20.49% |
Max Drawdown (10Y)Largest decline over 10 years | -36.72% | -46.52% | +9.80% |
Current DrawdownCurrent decline from peak | -0.91% | -0.99% | +0.08% |
Average DrawdownAverage peak-to-trough decline | -32.72% | -39.82% | +7.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 4.65% | -1.98% |
Volatility
JDIAX vs. JAGTX - Volatility Comparison
The current volatility for Janus Henderson Overseas Fund Class A (JDIAX) is 5.15%, while Janus Global Technology and Innovation Fund (JAGTX) has a volatility of 6.92%. This indicates that JDIAX 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
| JDIAX | JAGTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.15% | 6.92% | -1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 11.51% | 17.04% | -5.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.45% | 20.70% | -7.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.95% | 26.82% | -10.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.18% | 24.78% | -7.60% |
JDIAX vs. JAGTX - Expense Ratio Comparison
JDIAX has a 1.16% expense ratio, which is higher than JAGTX's 0.91% expense ratio.
Dividends
JDIAX vs. JAGTX - Dividend Comparison
JDIAX's dividend yield for the trailing twelve months is around 0.85%, less than JAGTX's 10.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAGTX Janus Global Technology and Innovation Fund | 10.23% | 13.69% | 23.66% | 0.78% | 0.00% | 16.05% | 9.00% | 8.62% | 6.56% | 7.50% | 4.85% | 8.12% |
JDIAX Janus Henderson Overseas Fund Class A | 0.85% | 0.97% | 1.36% | 1.39% | 1.35% | 0.77% | 0.60% | 1.70% | 0.87% | 1.51% | 0.83% | 4.08% |
Frequently Asked Questions
JDIAX and JAGTX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JAGTX has higher volatility (6.92%) compared to JDIAX (5.15%). In terms of maximum drawdown, JDIAX dropped -67.61% vs JAGTX's -84.57%.
JAGTX currently has the higher Sharpe Ratio (2.85 vs 2.14), 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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