JNGLX vs. FNCMX
Compare and contrast key facts about Janus Henderson Global Life Sciences Fund (JNGLX) and Fidelity NASDAQ Composite Index Fund (FNCMX).
JNGLX is managed by Janus Henderson. It was launched on Dec 30, 1998. FNCMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JNGLX or FNCMX.
Key characteristics
| JNGLX | FNCMX | |
|---|---|---|
| YTD Return | 15.81% | 29.19% |
| 1Y Return | 27.03% | 43.64% |
| 3Y Return (Ann) | 1.72% | 7.76% |
| 5Y Return (Ann) | 6.93% | 18.09% |
| 10Y Return (Ann) | 4.24% | 15.69% |
| Sharpe Ratio | 1.82 | 2.40 |
| Sortino Ratio | 2.49 | 3.10 |
| Omega Ratio | 1.33 | 1.43 |
| Calmar Ratio | 1.30 | 3.04 |
| Martin Ratio | 9.43 | 12.13 |
| Ulcer Index | 2.58% | 3.49% |
| Daily Std Dev | 13.34% | 17.62% |
| Max Drawdown | -36.40% | -55.71% |
| Current Drawdown | -3.08% | 0.00% |
Correlation
The correlation between JNGLX and FNCMX is 0.74, 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
JNGLX vs. FNCMX - Performance Comparison
In the year-to-date period, JNGLX achieves a 15.81% return, which is significantly lower than FNCMX's 29.19% return. Over the past 10 years, JNGLX has underperformed FNCMX with an annualized return of 4.24%, while FNCMX has yielded a comparatively higher 15.69% annualized 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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JNGLX vs. FNCMX - Expense Ratio Comparison
JNGLX has a 0.80% expense ratio, which is higher than FNCMX's 0.29% expense ratio.
Risk-Adjusted Performance
JNGLX vs. FNCMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Life Sciences Fund (JNGLX) and Fidelity NASDAQ Composite Index Fund (FNCMX). 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
JNGLX vs. FNCMX - Dividend Comparison
JNGLX's dividend yield for the trailing twelve months is around 0.12%, less than FNCMX's 0.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNGLX Janus Henderson Global Life Sciences Fund | 0.12% | 0.13% | 0.25% | 1.26% | 1.06% | 0.82% | 0.00% | 0.37% | 0.30% | 0.32% | 0.00% | 0.00% |
FNCMX Fidelity NASDAQ Composite Index Fund | 0.52% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% | 0.72% |
Drawdowns
JNGLX vs. FNCMX - Drawdown Comparison
The maximum JNGLX drawdown since its inception was -36.40%, smaller than the maximum FNCMX drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for JNGLX and FNCMX. For additional features, visit the drawdowns tool.
Volatility
JNGLX vs. FNCMX - Volatility Comparison
The current volatility for Janus Henderson Global Life Sciences Fund (JNGLX) is 3.02%, while Fidelity NASDAQ Composite Index Fund (FNCMX) has a volatility of 5.32%. This indicates that JNGLX experiences smaller price fluctuations and is considered to be less risky than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.