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:
-0.17
SPY:
1.75
JNGLX:
-0.14
SPY:
2.36
JNGLX:
0.98
SPY:
1.32
JNGLX:
-0.13
SPY:
2.66
JNGLX:
-0.32
SPY:
11.01
JNGLX:
7.44%
SPY:
2.03%
JNGLX:
13.86%
SPY:
12.77%
JNGLX:
-36.40%
SPY:
-55.19%
JNGLX:
-13.07%
SPY:
-2.12%
Returns By Period
In the year-to-date period, JNGLX achieves a 5.42% return, which is significantly higher than SPY's 2.36% return. Over the past 10 years, JNGLX has underperformed SPY with an annualized return of 2.53%, while SPY has yielded a comparatively higher 12.97% annualized return.
JNGLX
5.42%
2.01%
-12.48%
-4.24%
4.07%
2.53%
SPY
2.36%
-1.61%
7.41%
19.65%
15.00%
12.97%
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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 0.35%, less than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNGLX Janus Henderson Global Life Sciences Fund | 0.35% | 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 | 1.18% | 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) has a higher volatility of 4.07% compared to SPDR S&P 500 ETF (SPY) at 3.38%. This indicates that JNGLX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.