JFNAX vs. JATIX
JFNAX (Janus Henderson Global Life Sciences Fund Class A) and JATIX (Janus Henderson Global Technology and Innovation Fund Class I) are both mutual funds - JFNAX is a Health & Biotech Equities fund managed by Janus Henderson, while JATIX is a Technology Equities fund managed by Janus Henderson. Over the past 10 years, JFNAX returned 10.23%/yr vs 24.67%/yr for JATIX. A 0.64 correlation means they provide meaningful diversification when combined. JFNAX charges 0.98%/yr vs 0.76%/yr for JATIX.
Performance
JFNAX vs. JATIX - Performance Comparison
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Returns By Period
In the year-to-date period, JFNAX achieves a -3.68% return, which is significantly lower than JATIX's 35.22% return. Over the past 10 years, JFNAX has underperformed JATIX with an annualized return of 10.23%, while JATIX has yielded a comparatively higher 24.67% annualized return.
JFNAX
- 1D
- -2.63%
- 1M
- -1.54%
- YTD
- -3.68%
- 6M
- -2.10%
- 1Y
- 24.85%
- 3Y*
- 9.12%
- 5Y*
- 6.84%
- 10Y*
- 10.23%
JATIX
- 1D
- 0.96%
- 1M
- 18.03%
- YTD
- 35.22%
- 6M
- 35.37%
- 1Y
- 60.39%
- 3Y*
- 37.11%
- 5Y*
- 19.34%
- 10Y*
- 24.67%
JFNAX vs. JATIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JFNAX Janus Henderson Global Life Sciences Fund Class A | -3.68% | 24.61% | 3.41% | 7.35% | -2.86% | 6.59% | 25.42% | 28.98% | 4.00% | 22.35% |
JATIX Janus Henderson Global Technology and Innovation Fund Class I | 35.22% | 25.04% | 32.38% | 55.38% | -37.60% | 17.57% | 51.25% | 45.27% | 0.97% | 44.79% |
Correlation
The correlation between JFNAX and JATIX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2009 | 0.64 |
Over the past year, the correlation between JFNAX and JATIX has dropped to 0.18 - well below their long-term average of 0.64, suggesting their price drivers have been diverging.
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Return for Risk
JFNAX vs. JATIX — Risk / Return Rank
JFNAX
JATIX
JFNAX vs. JATIX - 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 Janus Henderson Global Technology and Innovation Fund Class I (JATIX). 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.
| JFNAX | JATIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.49 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 3.89 | -1.28 |
| Martin ratioReturn relative to average drawdown | 8.33 | 13.35 | -5.02 |
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
| JFNAX | JATIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 3.00 | -1.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.74 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 1.01 | -0.42 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.95 | -0.13 |
Drawdowns
JFNAX vs. JATIX - Drawdown Comparison
The maximum JFNAX drawdown since its inception was -31.07%, smaller than the maximum JATIX drawdown of -46.43%. Use the drawdown chart below to compare losses from any high point for JFNAX and JATIX.
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Drawdown Indicators
| JFNAX | JATIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.07% | -46.43% | +15.36% |
Max Drawdown (1Y)Largest decline over 1 year | -9.71% | -15.94% | +6.23% |
Max Drawdown (3Y)Largest decline over 3 years | -21.28% | -23.92% | +2.64% |
Max Drawdown (5Y)Largest decline over 5 years | -22.29% | -46.43% | +24.14% |
Max Drawdown (10Y)Largest decline over 10 years | -27.39% | -46.43% | +19.04% |
Current DrawdownCurrent decline from peak | -6.57% | 0.00% | -6.57% |
Average DrawdownAverage peak-to-trough decline | -6.29% | -6.73% | +0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 4.64% | -1.60% |
Volatility
JFNAX vs. JATIX - Volatility Comparison
The current volatility for Janus Henderson Global Life Sciences Fund Class A (JFNAX) is 4.70%, while Janus Henderson Global Technology and Innovation Fund Class I (JATIX) has a volatility of 6.73%. This indicates that JFNAX experiences smaller price fluctuations and is considered to be less risky than JATIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JFNAX | JATIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.70% | 6.73% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 17.02% | -6.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.86% | 20.68% | -5.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.85% | 26.42% | -10.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.38% | 24.57% | -7.19% |
JFNAX vs. JATIX - Expense Ratio Comparison
JFNAX has a 0.98% expense ratio, which is higher than JATIX's 0.76% expense ratio.
Dividends
JFNAX vs. JATIX - Dividend Comparison
JFNAX's dividend yield for the trailing twelve months is around 4.73%, less than JATIX's 9.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JATIX Janus Henderson Global Technology and Innovation Fund Class I | 9.75% | 13.19% | 11.48% | 0.76% | 0.00% | 15.67% | 8.94% | 8.47% | 6.65% | 7.41% | 4.80% | 7.71% |
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% |
Frequently Asked Questions
JFNAX and JATIX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JATIX has higher volatility (6.73%) compared to JFNAX (4.70%). In terms of maximum drawdown, JFNAX dropped -31.07% vs JATIX's -46.43%.
JATIX currently has the higher Sharpe Ratio (3.00 vs 1.71), 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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