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JFNAX vs. FBTCX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JFNAX vs. FBTCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Global Life Sciences Fund Class A (JFNAX) and Fidelity Advisor Biotechnology Fund Class C (FBTCX). The values are adjusted to include any dividend payments, if applicable.

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JFNAX vs. FBTCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
JFNAX
Janus Henderson Global Life Sciences Fund Class A
-3.77%24.61%3.41%7.35%-2.86%6.59%25.42%28.98%4.00%22.35%
FBTCX
Fidelity Advisor Biotechnology Fund Class C
2.09%38.48%-2.00%9.86%-8.64%-3.72%31.17%24.82%-4.55%24.81%

Returns By Period

In the year-to-date period, JFNAX achieves a -3.77% return, which is significantly lower than FBTCX's 2.09% return. Over the past 10 years, JFNAX has outperformed FBTCX with an annualized return of 10.96%, while FBTCX has yielded a comparatively lower 10.32% annualized return.


JFNAX

1D
3.08%
1M
-5.56%
YTD
-3.77%
6M
11.78%
1Y
21.47%
3Y*
10.49%
5Y*
7.15%
10Y*
10.96%

FBTCX

1D
5.09%
1M
-0.81%
YTD
2.09%
6M
15.10%
1Y
54.26%
3Y*
17.00%
5Y*
6.73%
10Y*
10.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JFNAX vs. FBTCX - Expense Ratio Comparison

JFNAX has a 0.98% expense ratio, which is lower than FBTCX's 1.75% expense ratio.


Return for Risk

JFNAX vs. FBTCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JFNAX
JFNAX Risk / Return Rank: 5252
Overall Rank
JFNAX Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
JFNAX Sortino Ratio Rank: 5252
Sortino Ratio Rank
JFNAX Omega Ratio Rank: 4242
Omega Ratio Rank
JFNAX Calmar Ratio Rank: 7171
Calmar Ratio Rank
JFNAX Martin Ratio Rank: 4444
Martin Ratio Rank

FBTCX
FBTCX Risk / Return Rank: 8989
Overall Rank
FBTCX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
FBTCX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FBTCX Omega Ratio Rank: 7979
Omega Ratio Rank
FBTCX Calmar Ratio Rank: 9393
Calmar Ratio Rank
FBTCX Martin Ratio Rank: 9494
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JFNAX vs. FBTCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Life Sciences Fund Class A (JFNAX) and Fidelity Advisor Biotechnology Fund Class C (FBTCX). 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.


JFNAXFBTCXDifference

Sharpe ratio

Return per unit of total volatility

1.06

1.90

-0.84

Sortino ratio

Return per unit of downside risk

1.52

2.49

-0.97

Omega ratio

Gain probability vs. loss probability

1.20

1.32

-0.12

Calmar ratio

Return relative to maximum drawdown

1.78

3.08

-1.31

Martin ratio

Return relative to average drawdown

4.89

12.19

-7.31

JFNAX vs. FBTCX - Sharpe Ratio Comparison

The current JFNAX Sharpe Ratio is 1.06, which is lower than the FBTCX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of JFNAX and FBTCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


JFNAXFBTCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.06

1.90

-0.84

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.29

+0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.63

0.42

+0.21

Sharpe Ratio (All Time)

Calculated using the full available price history

0.83

0.27

+0.56

Correlation

The correlation between JFNAX and FBTCX is 0.89, 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

JFNAX vs. FBTCX - Dividend Comparison

JFNAX's dividend yield for the trailing twelve months is around 4.73%, more than FBTCX's 1.65% yield.


TTM20252024202320222021202020192018201720162015
JFNAX
Janus Henderson Global Life Sciences Fund Class A
4.73%4.56%5.74%4.28%0.08%9.90%7.82%6.18%13.55%1.03%0.97%8.93%
FBTCX
Fidelity Advisor Biotechnology Fund Class C
1.65%1.68%0.00%0.00%0.00%24.50%9.78%7.92%2.92%0.00%0.00%5.73%

Drawdowns

JFNAX vs. FBTCX - Drawdown Comparison

The maximum JFNAX drawdown since its inception was -31.07%, smaller than the maximum FBTCX drawdown of -64.04%. Use the drawdown chart below to compare losses from any high point for JFNAX and FBTCX.


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Drawdown Indicators


JFNAXFBTCXDifference

Max Drawdown

Largest peak-to-trough decline

-31.07%

-64.04%

+32.97%

Max Drawdown (1Y)

Largest decline over 1 year

-9.71%

-13.63%

+3.92%

Max Drawdown (5Y)

Largest decline over 5 years

-22.29%

-37.26%

+14.97%

Max Drawdown (10Y)

Largest decline over 10 years

-27.39%

-39.37%

+11.98%

Current Drawdown

Current decline from peak

-6.65%

-2.75%

-3.90%

Average Drawdown

Average peak-to-trough decline

-6.31%

-23.21%

+16.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.63%

3.75%

-0.12%

Volatility

JFNAX vs. FBTCX - Volatility Comparison

The current volatility for Janus Henderson Global Life Sciences Fund Class A (JFNAX) is 6.00%, while Fidelity Advisor Biotechnology Fund Class C (FBTCX) has a volatility of 9.37%. This indicates that JFNAX experiences smaller price fluctuations and is considered to be less risky than FBTCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


JFNAXFBTCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.00%

9.37%

-3.37%

Volatility (6M)

Calculated over the trailing 6-month period

10.64%

17.02%

-6.38%

Volatility (1Y)

Calculated over the trailing 1-year period

17.86%

25.99%

-8.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.70%

23.48%

-7.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.41%

24.66%

-7.25%