JGMNX vs. JNGTX
JGMNX (Janus Henderson Triton Fund Class N) and JNGTX (Janus Henderson Global Technology and Innovation Fund Class D) are both mutual funds - JGMNX is a Small Cap Growth Equities fund tracking the Russell 2000 Growth Index, while JNGTX is a Technology Equities fund managed by Janus Henderson. Over the past 10 years, JGMNX returned 10.37%/yr vs 24.49%/yr for JNGTX. A 0.79 correlation means they provide meaningful diversification when combined. JGMNX charges 0.67%/yr vs 0.79%/yr for JNGTX.
Performance
JGMNX vs. JNGTX - Performance Comparison
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Returns By Period
In the year-to-date period, JGMNX achieves a 11.51% return, which is significantly lower than JNGTX's 33.88% return. Over the past 10 years, JGMNX has underperformed JNGTX with an annualized return of 10.37%, while JNGTX has yielded a comparatively higher 24.49% annualized return.
JGMNX
- 1D
- 0.03%
- 1M
- 1.06%
- YTD
- 11.51%
- 6M
- 10.31%
- 1Y
- 25.28%
- 3Y*
- 13.41%
- 5Y*
- 4.31%
- 10Y*
- 10.37%
JNGTX
- 1D
- -0.99%
- 1M
- 15.98%
- YTD
- 33.88%
- 6M
- 33.76%
- 1Y
- 57.31%
- 3Y*
- 36.62%
- 5Y*
- 18.70%
- 10Y*
- 24.49%
JGMNX vs. JNGTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JGMNX Janus Henderson Triton Fund Class N | 11.51% | 9.78% | 10.55% | 14.83% | -23.56% | 6.88% | 28.75% | 28.60% | -5.03% | 27.24% |
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 33.88% | 25.00% | 32.34% | 55.33% | -37.63% | 17.53% | 51.18% | 45.15% | 0.92% | 44.69% |
Correlation
The correlation between JGMNX and JNGTX is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.75 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2012 | 0.79 |
Over the past year, the correlation between JGMNX and JNGTX has dropped to 0.58 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.
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Return for Risk
JGMNX vs. JNGTX — Risk / Return Rank
JGMNX
JNGTX
JGMNX vs. JNGTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Triton Fund Class N (JGMNX) and Janus Henderson Global Technology and Innovation Fund Class D (JNGTX). 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.
| JGMNX | JNGTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.25 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.47 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 3.71 | -1.37 |
| Martin ratioReturn relative to average drawdown | 9.62 | 12.70 | -3.09 |
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
| JGMNX | JNGTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.60 | 2.85 | -1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.71 | -0.49 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 1.00 | -0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.49 | +0.10 |
Drawdowns
JGMNX vs. JNGTX - Drawdown Comparison
The maximum JGMNX drawdown since its inception was -39.72%, smaller than the maximum JNGTX drawdown of -84.79%. Use the drawdown chart below to compare losses from any high point for JGMNX and JNGTX.
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Drawdown Indicators
| JGMNX | JNGTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.72% | -84.79% | +45.07% |
Max Drawdown (1Y)Largest decline over 1 year | -11.03% | -15.93% | +4.90% |
Max Drawdown (3Y)Largest decline over 3 years | -23.84% | -23.91% | +0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -31.74% | -46.46% | +14.72% |
Max Drawdown (10Y)Largest decline over 10 years | -39.72% | -46.46% | +6.74% |
Current DrawdownCurrent decline from peak | -0.98% | -0.99% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -7.13% | -40.22% | +33.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 4.64% | -1.97% |
Volatility
JGMNX vs. JNGTX - Volatility Comparison
The current volatility for Janus Henderson Triton Fund Class N (JGMNX) is 5.21%, while Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) has a volatility of 6.92%. This indicates that JGMNX experiences smaller price fluctuations and is considered to be less risky than JNGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JGMNX | JNGTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 6.92% | -1.71% |
Volatility (6M)Calculated over the trailing 6-month period | 12.37% | 17.05% | -4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.08% | 20.70% | -4.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.59% | 26.44% | -6.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.58% | 24.58% | -4.00% |
JGMNX vs. JNGTX - Expense Ratio Comparison
JGMNX has a 0.67% expense ratio, which is lower than JNGTX's 0.79% expense ratio.
Dividends
JGMNX vs. JNGTX - Dividend Comparison
JGMNX's dividend yield for the trailing twelve months is around 9.74%, less than JNGTX's 10.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGMNX Janus Henderson Triton Fund Class N | 9.74% | 10.86% | 7.35% | 6.96% | 6.10% | 19.99% | 4.06% | 4.20% | 7.41% | 5.03% | 2.96% | 7.71% |
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 10.02% | 13.42% | 11.65% | 0.77% | 0.00% | 15.86% | 8.99% | 8.55% | 6.61% | 7.47% | 4.83% | 7.75% |
Frequently Asked Questions
JGMNX and JNGTX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNGTX has higher volatility (6.92%) compared to JGMNX (5.21%). In terms of maximum drawdown, JGMNX dropped -39.72% vs JNGTX's -84.79%.
JNGTX currently has the higher Sharpe Ratio (2.85 vs 1.60), 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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