JMBS vs. VGT
Compare and contrast key facts about Janus Henderson Mortgage-Backed Securities ETF (JMBS) and Vanguard Information Technology ETF (VGT).
JMBS and VGT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMBS is an actively managed fund by Janus Henderson. It was launched on Sep 12, 2018. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JMBS or VGT.
Key characteristics
| JMBS | VGT | |
|---|---|---|
| YTD Return | -2.29% | 6.92% |
| 1Y Return | -0.70% | 34.67% |
| 3Y Return (Ann) | -3.00% | 13.42% |
| 5Y Return (Ann) | 0.13% | 21.23% |
| Sharpe Ratio | -0.06 | 1.87 |
| Daily Std Dev | 7.79% | 18.27% |
| Max Drawdown | -16.68% | -54.63% |
| Current Drawdown | -9.33% | -2.39% |
Correlation
The correlation between JMBS and VGT is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
JMBS vs. VGT - Performance Comparison
In the year-to-date period, JMBS achieves a -2.29% return, which is significantly lower than VGT's 6.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JMBS vs. VGT - Expense Ratio Comparison
JMBS has a 0.32% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
JMBS vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Mortgage-Backed Securities ETF (JMBS) and Vanguard Information Technology ETF (VGT). 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
JMBS vs. VGT - Dividend Comparison
JMBS's dividend yield for the trailing twelve months is around 4.93%, more than VGT's 0.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMBS Janus Henderson Mortgage-Backed Securities ETF | 4.93% | 4.38% | 2.73% | 1.16% | 2.92% | 3.64% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.70% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
JMBS vs. VGT - Drawdown Comparison
The maximum JMBS drawdown since its inception was -16.68%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for JMBS and VGT. For additional features, visit the drawdowns tool.
Volatility
JMBS vs. VGT - Volatility Comparison
The current volatility for Janus Henderson Mortgage-Backed Securities ETF (JMBS) is 1.92%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.66%. This indicates that JMBS experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.