JNGLX vs. SPY
Compare and contrast key facts about Janus Henderson Global Life Sciences Fund (JNGLX) and SPDR S&P 500 ETF (SPY).
JNGLX is managed by Janus Henderson. It was launched on Dec 30, 1998. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JNGLX or SPY.
Correlation
The correlation between JNGLX and SPY is 0.73, 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. SPY - Performance Comparison
Key characteristics
JNGLX:
-0.75
SPY:
0.50
JNGLX:
-0.93
SPY:
0.88
JNGLX:
0.88
SPY:
1.13
JNGLX:
-0.52
SPY:
0.56
JNGLX:
-1.18
SPY:
2.17
JNGLX:
11.01%
SPY:
4.85%
JNGLX:
17.23%
SPY:
20.02%
JNGLX:
-36.40%
SPY:
-55.19%
JNGLX:
-22.50%
SPY:
-7.65%
Returns By Period
In the year-to-date period, JNGLX achieves a -6.01% return, which is significantly lower than SPY's -3.42% return. Over the past 10 years, JNGLX has underperformed SPY with an annualized return of 0.92%, while SPY has yielded a comparatively higher 12.35% annualized return.
JNGLX
-6.01%
-1.10%
-20.04%
-12.89%
1.79%
0.92%
SPY
-3.42%
2.87%
-5.06%
9.87%
15.76%
12.35%
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JNGLX vs. SPY - Expense Ratio Comparison
JNGLX has a 0.80% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
JNGLX vs. SPY — Risk-Adjusted Performance Rank
JNGLX
SPY
JNGLX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Life Sciences Fund (JNGLX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
JNGLX's dividend yield for the trailing twelve months is around 0.39%, less than SPY's 1.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNGLX Janus Henderson Global Life Sciences Fund | 0.39% | 0.37% | 0.13% | 0.25% | 1.26% | 1.06% | 0.82% | 0.00% | 0.37% | 0.30% | 0.32% | 0.00% |
SPY SPDR S&P 500 ETF | 1.27% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
JNGLX vs. SPY - Drawdown Comparison
The maximum JNGLX drawdown since its inception was -36.40%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for JNGLX and SPY. For additional features, visit the drawdowns tool.
Volatility
JNGLX vs. SPY - Volatility Comparison
Janus Henderson Global Life Sciences Fund (JNGLX) and SPDR S&P 500 ETF (SPY) have volatilities of 7.35% and 7.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.