JGLTX vs. JANBX
JGLTX (Janus Henderson VIT Global Technology and Innovation Portfolio) and JANBX (Janus Henderson Balanced Fund) are both mutual funds - JGLTX is a Technology Equities fund managed by Janus Henderson, while JANBX is a Diversified Portfolio fund managed by Janus Henderson. Over the past 10 years, JGLTX returned 22.60%/yr vs 10.17%/yr for JANBX. Their correlation of 0.84 means they have usually moved in the same direction. JGLTX charges 0.72%/yr vs 0.70%/yr for JANBX.
Performance
JGLTX vs. JANBX - Performance Comparison
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Returns By Period
In the year-to-date period, JGLTX achieves a 22.16% return, which is significantly higher than JANBX's 4.82% return. Over the past 10 years, JGLTX has outperformed JANBX with an annualized return of 22.60%, while JANBX has yielded a comparatively lower 10.17% annualized return.
JGLTX
- 1D
- 1.15%
- 1M
- -2.86%
- 6M
- 23.13%
- YTD
- 22.16%
- 1Y
- 29.06%
- 3Y*
- 31.31%
- 5Y*
- 14.90%
- 10Y*
- 22.60%
- ALL TIME*
- 8.42%
JANBX
- 1D
- 0.95%
- 1M
- 1.23%
- 6M
- 5.23%
- YTD
- 4.82%
- 1Y
- 9.94%
- 3Y*
- 13.65%
- 5Y*
- 7.08%
- 10Y*
- 10.17%
- ALL TIME*
- 7.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JGLTX vs. JANBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JGLTX Janus Henderson VIT Global Technology and Innovation Portfolio | 22.16% | 25.19% | 32.10% | 54.55% | -36.42% | 18.28% | 50.42% | 45.29% | 1.17% | 45.17% |
JANBX Janus Henderson Balanced Fund | 4.82% | 14.99% | 15.36% | 15.38% | -16.60% | 17.22% | 14.34% | 22.53% | 0.64% | 17.78% |
Correlation
The correlation between JGLTX and JANBX is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.85 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.87 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 18, 2000 | 0.84 |
The correlation between JGLTX and JANBX has been stable across timeframes, ranging from 0.80 to 0.87 - a consistent structural relationship.
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Return for Risk
JGLTX vs. JANBX — Risk / Return Rank
JGLTX
JANBX
JGLTX vs. JANBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) and Janus Henderson Balanced Fund (JANBX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JGLTX | JANBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.21 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 1.38 | +0.31 |
| Martin ratioReturn relative to average drawdown | 5.58 | 5.82 | -0.24 |
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Drawdowns
JGLTX vs. JANBX - Drawdown Comparison
The maximum JGLTX drawdown since its inception was -81.78%, which is greater than JANBX's maximum drawdown of -31.70%. Use the drawdown chart below to compare losses from any high point for JGLTX and JANBX.
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Drawdown Indicators
| JGLTX | JANBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.78% | -31.70% | -50.08% |
Max Drawdown (1Y)Largest decline over 1 year | -18.76% | -8.13% | -10.63% |
Max Drawdown (3Y)Largest decline over 3 years | -23.72% | -11.91% | -11.81% |
Max Drawdown (5Y)Largest decline over 5 years | -45.18% | -21.52% | -23.66% |
Max Drawdown (10Y)Largest decline over 10 years | -45.18% | -22.49% | -22.69% |
Current DrawdownCurrent decline from peak | -10.06% | 0.00% | -10.06% |
Average DrawdownAverage peak-to-trough decline | -36.41% | -6.61% | -29.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 1.92% | +3.76% |
Volatility
JGLTX vs. JANBX - Volatility Comparison
Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) has a higher volatility of 12.24% compared to Janus Henderson Balanced Fund (JANBX) at 2.86%. This indicates that JGLTX's price experiences larger fluctuations and is considered to be riskier than JANBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JGLTX | JANBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.24% | 2.86% | +9.38% |
Volatility (6M)Calculated over the trailing 6-month period | 23.70% | 7.74% | +15.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.02% | 9.50% | +17.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.23% | 11.32% | +15.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.04% | 11.20% | +13.84% |
JGLTX vs. JANBX - Expense Ratio Comparison
JGLTX has a 0.72% expense ratio, which is higher than JANBX's 0.70% expense ratio.
Dividends
JGLTX vs. JANBX - Dividend Comparison
JGLTX's dividend yield for the trailing twelve months is around 11.50%, more than JANBX's 8.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JANBX Janus Henderson Balanced Fund | 8.41% | 8.78% | 6.96% | 2.25% | 1.95% | 4.50% | 2.49% | 2.85% | 7.06% | 4.65% | 2.55% | 5.81% |
JGLTX Janus Henderson VIT Global Technology and Innovation Portfolio | 11.50% | 8.98% | 0.00% | 0.00% | 26.96% | 14.48% | 7.71% | 6.81% | 4.95% | 5.68% | 3.71% | 16.11% |
Frequently Asked Questions
JGLTX and JANBX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JGLTX has higher volatility (12.24%) compared to JANBX (2.86%). In terms of maximum drawdown, JGLTX dropped -81.78% vs JANBX's -31.70%.
JANBX currently has the higher Sharpe Ratio (1.18 vs 1.18), 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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