JGLTX vs. JNRFX
JGLTX (Janus Henderson VIT Global Technology and Innovation Portfolio) and JNRFX (Janus Henderson Research Fund Class D) are both mutual funds - JGLTX is a Technology Equities fund managed by Janus Henderson, while JNRFX is a Large Cap Growth Equities fund actively managed by Janus Henderson. Over the past 10 years, JGLTX returned 22.60%/yr vs 15.79%/yr for JNRFX. Their correlation of 0.93 means they have usually moved in the same direction. JGLTX charges 0.72%/yr vs 0.83%/yr for JNRFX.
Performance
JGLTX vs. JNRFX - 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 JNRFX's 4.82% return. Over the past 10 years, JGLTX has outperformed JNRFX with an annualized return of 22.60%, while JNRFX has yielded a comparatively lower 15.79% 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%
JNRFX
- 1D
- 2.32%
- 1M
- 0.26%
- 6M
- 8.41%
- YTD
- 4.82%
- 1Y
- 9.78%
- 3Y*
- 22.57%
- 5Y*
- 12.09%
- 10Y*
- 15.79%
- ALL TIME*
- 10.01%
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. JNRFX - 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% |
JNRFX Janus Henderson Research Fund Class D | 4.82% | 18.45% | 35.13% | 43.14% | -29.96% | 20.19% | 32.82% | 35.40% | -2.73% | 25.90% |
Correlation
The correlation between JGLTX and JNRFX is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jan 18, 2000 | 0.93 |
The correlation between JGLTX and JNRFX has been stable across timeframes, ranging from 0.90 to 0.96 - a consistent structural relationship.
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Return for Risk
JGLTX vs. JNRFX — Risk / Return Rank
JGLTX
JNRFX
JGLTX vs. JNRFX - 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 Research Fund Class D (JNRFX). 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 | JNRFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.12 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.69 | 0.70 | +0.99 |
| Martin ratioReturn relative to average drawdown | 5.58 | 2.23 | +3.34 |
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Drawdowns
JGLTX vs. JNRFX - Drawdown Comparison
The maximum JGLTX drawdown since its inception was -81.78%, which is greater than JNRFX's maximum drawdown of -74.74%. Use the drawdown chart below to compare losses from any high point for JGLTX and JNRFX.
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Drawdown Indicators
| JGLTX | JNRFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.78% | -74.74% | -7.04% |
Max Drawdown (1Y)Largest decline over 1 year | -18.76% | -17.05% | -1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -23.72% | -22.66% | -1.06% |
Max Drawdown (5Y)Largest decline over 5 years | -45.18% | -36.48% | -8.70% |
Max Drawdown (10Y)Largest decline over 10 years | -45.18% | -36.48% | -8.70% |
Current DrawdownCurrent decline from peak | -10.06% | -4.27% | -5.79% |
Average DrawdownAverage peak-to-trough decline | -36.41% | -24.85% | -11.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 5.35% | +0.33% |
Volatility
JGLTX vs. JNRFX - Volatility Comparison
Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) has a higher volatility of 12.24% compared to Janus Henderson Research Fund Class D (JNRFX) at 7.20%. This indicates that JGLTX's price experiences larger fluctuations and is considered to be riskier than JNRFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JGLTX | JNRFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.24% | 7.20% | +5.04% |
Volatility (6M)Calculated over the trailing 6-month period | 23.70% | 15.45% | +8.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.02% | 18.58% | +8.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.23% | 22.47% | +4.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.04% | 21.51% | +3.53% |
JGLTX vs. JNRFX - Expense Ratio Comparison
JGLTX has a 0.72% expense ratio, which is lower than JNRFX's 0.83% expense ratio.
Dividends
JGLTX vs. JNRFX - Dividend Comparison
JGLTX's dividend yield for the trailing twelve months is around 11.50%, which matches JNRFX's 11.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
JNRFX Janus Henderson Research Fund Class D | 11.39% | 11.94% | 5.11% | 2.93% | 0.43% | 13.01% | 2.98% | 10.37% | 11.06% | 8.22% | 5.41% | 9.21% |
Frequently Asked Questions
With a correlation of 0.90, JGLTX and JNRFX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
JGLTX has higher volatility (12.24%) compared to JNRFX (7.20%). In terms of maximum drawdown, JGLTX dropped -81.78% vs JNRFX's -74.74%.
JGLTX currently has the higher Sharpe Ratio (1.18 vs 0.65), 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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