JNGLX vs. JNGTX
JNGLX (Janus Henderson Global Life Sciences Fund) and JNGTX (Janus Henderson Global Technology and Innovation Fund Class D) are both mutual funds - JNGLX is a Health & Biotech Equities fund managed by Janus Henderson, while JNGTX is a Technology Equities fund managed by Janus Henderson. Over the past 10 years, JNGLX returned 10.28%/yr vs 24.61%/yr for JNGTX. A 0.65 correlation means they provide meaningful diversification when combined. JNGLX charges 0.80%/yr vs 0.79%/yr for JNGTX.
Performance
JNGLX vs. JNGTX - Performance Comparison
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Returns By Period
In the year-to-date period, JNGLX achieves a -3.59% return, which is significantly lower than JNGTX's 35.21% return. Over the past 10 years, JNGLX has underperformed JNGTX with an annualized return of 10.28%, while JNGTX has yielded a comparatively higher 24.61% annualized return.
JNGLX
- 1D
- -2.62%
- 1M
- -1.53%
- YTD
- -3.59%
- 6M
- -1.99%
- 1Y
- 25.11%
- 3Y*
- 9.32%
- 5Y*
- 7.03%
- 10Y*
- 10.28%
JNGTX
- 1D
- 0.97%
- 1M
- 18.05%
- YTD
- 35.21%
- 6M
- 35.37%
- 1Y
- 60.36%
- 3Y*
- 37.07%
- 5Y*
- 19.30%
- 10Y*
- 24.61%
JNGLX vs. JNGTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNGLX Janus Henderson Global Life Sciences Fund | -3.59% | 24.84% | 3.60% | 7.51% | -2.69% | 6.78% | 25.66% | 29.20% | 4.17% | 22.13% |
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 35.21% | 25.00% | 32.34% | 55.33% | -37.63% | 17.53% | 51.18% | 45.15% | 0.92% | 44.69% |
Correlation
The correlation between JNGLX and JNGTX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1999 | 0.65 |
Over the past year, the correlation between JNGLX and JNGTX has dropped to 0.18 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.
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Return for Risk
JNGLX vs. JNGTX — Risk / Return Rank
JNGLX
JNGTX
JNGLX vs. JNGTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Life Sciences Fund (JNGLX) 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.
| JNGLX | JNGTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.49 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 3.89 | -1.24 |
| Martin ratioReturn relative to average drawdown | 8.47 | 13.33 | -4.87 |
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
| JNGLX | JNGTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.73 | 3.00 | -1.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.73 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 1.00 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.49 | +0.07 |
Drawdowns
JNGLX vs. JNGTX - Drawdown Comparison
The maximum JNGLX drawdown since its inception was -59.00%, smaller than the maximum JNGTX drawdown of -84.79%. Use the drawdown chart below to compare losses from any high point for JNGLX and JNGTX.
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Drawdown Indicators
| JNGLX | JNGTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.00% | -84.79% | +25.79% |
Max Drawdown (1Y)Largest decline over 1 year | -9.68% | -15.93% | +6.25% |
Max Drawdown (3Y)Largest decline over 3 years | -21.17% | -23.91% | +2.74% |
Max Drawdown (5Y)Largest decline over 5 years | -22.21% | -46.46% | +24.25% |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | -46.46% | +19.09% |
Current DrawdownCurrent decline from peak | -6.49% | 0.00% | -6.49% |
Average DrawdownAverage peak-to-trough decline | -17.65% | -40.23% | +22.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.02% | 4.64% | -1.62% |
Volatility
JNGLX vs. JNGTX - Volatility Comparison
The current volatility for Janus Henderson Global Life Sciences Fund (JNGLX) is 4.69%, while Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) has a volatility of 6.74%. This indicates that JNGLX 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
| JNGLX | JNGTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.69% | 6.74% | -2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.95% | 17.02% | -6.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.85% | 20.67% | -5.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.85% | 26.45% | -10.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.38% | 24.59% | -7.21% |
JNGLX vs. JNGTX - Expense Ratio Comparison
JNGLX has a 0.80% expense ratio, which is higher than JNGTX's 0.79% expense ratio.
Dividends
JNGLX vs. JNGTX - Dividend Comparison
JNGLX's dividend yield for the trailing twelve months is around 4.73%, less than JNGTX's 9.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNGLX Janus Henderson Global Life Sciences Fund | 4.73% | 4.56% | 5.84% | 4.26% | 0.25% | 9.85% | 7.80% | 6.23% | 13.32% | 0.89% | 0.30% | 8.81% |
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 9.92% | 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
JNGLX and JNGTX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNGTX has higher volatility (6.74%) compared to JNGLX (4.69%). In terms of maximum drawdown, JNGLX dropped -59.00% vs JNGTX's -84.79%.
JNGTX currently has the higher Sharpe Ratio (3.00 vs 1.73), 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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