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JNGLX vs. AHSAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JNGLX vs. AHSAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Global Life Sciences Fund (JNGLX) and Alger Health Sciences Fund (AHSAX). The values are adjusted to include any dividend payments, if applicable.

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JNGLX vs. AHSAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
JNGLX
Janus Henderson Global Life Sciences Fund
-2.82%24.84%3.60%7.51%-2.69%6.78%25.66%29.20%4.17%22.13%
AHSAX
Alger Health Sciences Fund
-3.42%10.14%1.17%-4.26%-17.04%3.26%30.99%22.02%5.71%33.06%

Returns By Period

In the year-to-date period, JNGLX achieves a -2.82% return, which is significantly higher than AHSAX's -3.42% return. Over the past 10 years, JNGLX has outperformed AHSAX with an annualized return of 11.12%, while AHSAX has yielded a comparatively lower 8.47% annualized return.


JNGLX

1D
0.95%
1M
-3.17%
YTD
-2.82%
6M
12.83%
1Y
21.41%
3Y*
11.03%
5Y*
7.53%
10Y*
11.12%

AHSAX

1D
0.32%
1M
-4.47%
YTD
-3.42%
6M
8.90%
1Y
17.69%
3Y*
2.85%
5Y*
-1.93%
10Y*
8.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JNGLX vs. AHSAX - Expense Ratio Comparison

JNGLX has a 0.80% expense ratio, which is lower than AHSAX's 1.05% expense ratio.


Return for Risk

JNGLX vs. AHSAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JNGLX
JNGLX Risk / Return Rank: 6060
Overall Rank
JNGLX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
JNGLX Sortino Ratio Rank: 6262
Sortino Ratio Rank
JNGLX Omega Ratio Rank: 5151
Omega Ratio Rank
JNGLX Calmar Ratio Rank: 7676
Calmar Ratio Rank
JNGLX Martin Ratio Rank: 4747
Martin Ratio Rank

AHSAX
AHSAX Risk / Return Rank: 4949
Overall Rank
AHSAX Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
AHSAX Sortino Ratio Rank: 5050
Sortino Ratio Rank
AHSAX Omega Ratio Rank: 3737
Omega Ratio Rank
AHSAX Calmar Ratio Rank: 6161
Calmar Ratio Rank
AHSAX Martin Ratio Rank: 4646
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JNGLX vs. AHSAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Life Sciences Fund (JNGLX) and Alger Health Sciences Fund (AHSAX). 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.


JNGLXAHSAXDifference

Sharpe ratio

Return per unit of total volatility

1.30

1.12

+0.18

Sortino ratio

Return per unit of downside risk

1.82

1.62

+0.20

Omega ratio

Gain probability vs. loss probability

1.24

1.20

+0.04

Calmar ratio

Return relative to maximum drawdown

2.08

1.80

+0.28

Martin ratio

Return relative to average drawdown

5.86

5.87

-0.01

JNGLX vs. AHSAX - Sharpe Ratio Comparison

The current JNGLX Sharpe Ratio is 1.30, which is comparable to the AHSAX Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of JNGLX and AHSAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


JNGLXAHSAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.30

1.12

+0.18

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

-0.08

+0.56

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

0.36

+0.28

Sharpe Ratio (All Time)

Calculated using the full available price history

0.57

0.31

+0.26

Correlation

The correlation between JNGLX and AHSAX is 0.91, 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.


Dividends

JNGLX vs. AHSAX - Dividend Comparison

JNGLX's dividend yield for the trailing twelve months is around 4.70%, while AHSAX has not paid dividends to shareholders.


TTM20252024202320222021202020192018201720162015
JNGLX
Janus Henderson Global Life Sciences Fund
4.70%4.56%5.84%4.26%0.25%9.85%7.80%6.23%13.32%0.89%0.30%8.81%
AHSAX
Alger Health Sciences Fund
0.00%0.00%0.00%0.00%0.00%27.18%11.68%6.98%7.82%0.00%0.00%0.00%

Drawdowns

JNGLX vs. AHSAX - Drawdown Comparison

The maximum JNGLX drawdown since its inception was -59.00%, which is greater than AHSAX's maximum drawdown of -46.23%. Use the drawdown chart below to compare losses from any high point for JNGLX and AHSAX.


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Drawdown Indicators


JNGLXAHSAXDifference

Max Drawdown

Largest peak-to-trough decline

-59.00%

-46.23%

-12.77%

Max Drawdown (1Y)

Largest decline over 1 year

-9.68%

-9.67%

-0.01%

Max Drawdown (5Y)

Largest decline over 5 years

-22.21%

-45.04%

+22.83%

Max Drawdown (10Y)

Largest decline over 10 years

-27.37%

-45.04%

+17.67%

Current Drawdown

Current decline from peak

-5.74%

-29.76%

+24.02%

Average Drawdown

Average peak-to-trough decline

-17.73%

-14.61%

-3.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.44%

2.96%

+0.48%

Volatility

JNGLX vs. AHSAX - Volatility Comparison

Janus Henderson Global Life Sciences Fund (JNGLX) has a higher volatility of 5.94% compared to Alger Health Sciences Fund (AHSAX) at 5.38%. This indicates that JNGLX's price experiences larger fluctuations and is considered to be riskier than AHSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


JNGLXAHSAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.94%

5.38%

+0.56%

Volatility (6M)

Calculated over the trailing 6-month period

10.51%

11.63%

-1.12%

Volatility (1Y)

Calculated over the trailing 1-year period

17.85%

16.52%

+1.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.70%

24.28%

-8.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.42%

23.37%

-5.95%