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JFNAX vs. IBB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JFNAX and IBB is 0.90, 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.


-0.50.00.51.00.9

Performance

JFNAX vs. IBB - 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 iShares Nasdaq Biotechnology ETF (IBB). The values are adjusted to include any dividend payments, if applicable.

300.00%350.00%400.00%450.00%500.00%550.00%JulyAugustSeptemberOctoberNovemberDecember
285.61%
485.25%
JFNAX
IBB

Key characteristics

Sharpe Ratio

JFNAX:

0.18

IBB:

0.19

Sortino Ratio

JFNAX:

0.33

IBB:

0.37

Omega Ratio

JFNAX:

1.04

IBB:

1.05

Calmar Ratio

JFNAX:

0.14

IBB:

0.11

Martin Ratio

JFNAX:

0.56

IBB:

0.73

Ulcer Index

JFNAX:

4.56%

IBB:

4.49%

Daily Std Dev

JFNAX:

13.70%

IBB:

17.65%

Max Drawdown

JFNAX:

-36.53%

IBB:

-62.85%

Current Drawdown

JFNAX:

-17.63%

IBB:

-23.93%

Returns By Period

In the year-to-date period, JFNAX achieves a -1.69% return, which is significantly higher than IBB's -2.03% return. Over the past 10 years, JFNAX has underperformed IBB with an annualized return of 2.92%, while IBB has yielded a comparatively higher 3.29% annualized return.


JFNAX

YTD

-1.69%

1M

-9.33%

6M

-10.67%

1Y

1.07%

5Y*

2.41%

10Y*

2.92%

IBB

YTD

-2.03%

1M

-1.52%

6M

-3.18%

1Y

1.67%

5Y*

1.97%

10Y*

3.29%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


JFNAX vs. IBB - Expense Ratio Comparison

JFNAX has a 0.98% expense ratio, which is higher than IBB's 0.47% expense ratio.


JFNAX
Janus Henderson Global Life Sciences Fund Class A
Expense ratio chart for JFNAX: current value at 0.98% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.98%
Expense ratio chart for IBB: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%

Risk-Adjusted Performance

JFNAX vs. IBB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Life Sciences Fund Class A (JFNAX) and iShares Nasdaq Biotechnology ETF (IBB). 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.


Sharpe ratio
The chart of Sharpe ratio for JFNAX, currently valued at 0.18, compared to the broader market-1.000.001.002.003.004.000.180.19
The chart of Sortino ratio for JFNAX, currently valued at 0.33, compared to the broader market-2.000.002.004.006.008.0010.000.330.37
The chart of Omega ratio for JFNAX, currently valued at 1.04, compared to the broader market0.501.001.502.002.503.003.501.041.05
The chart of Calmar ratio for JFNAX, currently valued at 0.14, compared to the broader market0.002.004.006.008.0010.0012.0014.000.140.11
The chart of Martin ratio for JFNAX, currently valued at 0.56, compared to the broader market0.0020.0040.0060.000.560.73
JFNAX
IBB

The current JFNAX Sharpe Ratio is 0.18, which is comparable to the IBB Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of JFNAX and IBB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.18
0.19
JFNAX
IBB

Dividends

JFNAX vs. IBB - Dividend Comparison

JFNAX has not paid dividends to shareholders, while IBB's dividend yield for the trailing twelve months is around 0.29%.


TTM20232022202120202019201820172016201520142013
JFNAX
Janus Henderson Global Life Sciences Fund Class A
0.00%0.05%0.07%1.12%0.94%0.67%0.00%0.13%0.06%0.27%0.00%0.00%
IBB
iShares Nasdaq Biotechnology ETF
0.29%0.26%0.31%0.21%0.20%0.17%0.19%0.30%0.19%0.03%0.15%0.03%

Drawdowns

JFNAX vs. IBB - Drawdown Comparison

The maximum JFNAX drawdown since its inception was -36.53%, smaller than the maximum IBB drawdown of -62.85%. Use the drawdown chart below to compare losses from any high point for JFNAX and IBB. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-17.63%
-23.93%
JFNAX
IBB

Volatility

JFNAX vs. IBB - Volatility Comparison

Janus Henderson Global Life Sciences Fund Class A (JFNAX) has a higher volatility of 6.10% compared to iShares Nasdaq Biotechnology ETF (IBB) at 5.76%. This indicates that JFNAX's price experiences larger fluctuations and is considered to be riskier than IBB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
6.10%
5.76%
JFNAX
IBB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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