JGLTX vs. MGK
Compare and contrast key facts about Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) and Vanguard Mega Cap Growth ETF (MGK).
JGLTX is managed by Janus Henderson. It was launched on Jan 17, 2000. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JGLTX or MGK.
Key characteristics
| JGLTX | MGK | |
|---|---|---|
| YTD Return | 34.42% | 31.38% |
| 1Y Return | 49.79% | 43.56% |
| 3Y Return (Ann) | -0.28% | 10.17% |
| 5Y Return (Ann) | 9.20% | 20.60% |
| 10Y Return (Ann) | 10.14% | 16.61% |
| Sharpe Ratio | 2.35 | 2.44 |
| Sortino Ratio | 3.03 | 3.15 |
| Omega Ratio | 1.42 | 1.44 |
| Calmar Ratio | 1.36 | 3.13 |
| Martin Ratio | 11.27 | 11.91 |
| Ulcer Index | 4.35% | 3.56% |
| Daily Std Dev | 20.87% | 17.37% |
| Max Drawdown | -79.71% | -48.36% |
| Current Drawdown | -4.16% | 0.00% |
Correlation
The correlation between JGLTX and MGK is 0.92, 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.
Performance
JGLTX vs. MGK - Performance Comparison
In the year-to-date period, JGLTX achieves a 34.42% return, which is significantly higher than MGK's 31.38% return. Over the past 10 years, JGLTX has underperformed MGK with an annualized return of 10.14%, while MGK has yielded a comparatively higher 16.61% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JGLTX vs. MGK - Expense Ratio Comparison
JGLTX has a 0.72% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
JGLTX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) and Vanguard Mega Cap Growth ETF (MGK). 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.
Dividends
JGLTX vs. MGK - Dividend Comparison
JGLTX has not paid dividends to shareholders, while MGK's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGLTX Janus Henderson VIT Global Technology and Innovation Portfolio | 0.00% | 0.00% | 0.00% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.92% | 0.00% | 0.00% |
MGK Vanguard Mega Cap Growth ETF | 0.42% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
Drawdowns
JGLTX vs. MGK - Drawdown Comparison
The maximum JGLTX drawdown since its inception was -79.71%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for JGLTX and MGK. For additional features, visit the drawdowns tool.
Volatility
JGLTX vs. MGK - Volatility Comparison
Janus Henderson VIT Global Technology and Innovation Portfolio (JGLTX) has a higher volatility of 5.86% compared to Vanguard Mega Cap Growth ETF (MGK) at 5.27%. This indicates that JGLTX's price experiences larger fluctuations and is considered to be riskier than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.