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.
Key characteristics
| JNGLX | SPY | |
|---|---|---|
| YTD Return | 18.62% | 19.17% |
| 1Y Return | 24.96% | 28.27% |
| 3Y Return (Ann) | 7.53% | 9.99% |
| 5Y Return (Ann) | 13.99% | 15.18% |
| 10Y Return (Ann) | 10.98% | 12.84% |
| Sharpe Ratio | 1.65 | 2.11 |
| Daily Std Dev | 14.64% | 12.62% |
| Max Drawdown | -30.82% | -55.19% |
| Current Drawdown | -0.73% | -0.36% |
Correlation
The correlation between JNGLX and SPY 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. SPY - Performance Comparison
The year-to-date returns for both investments are quite close, with JNGLX having a 18.62% return and SPY slightly higher at 19.17%. Over the past 10 years, JNGLX has underperformed SPY with an annualized return of 10.98%, while SPY has yielded a comparatively higher 12.84% 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. 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 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 3.59%, more than SPY's 0.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNGLX Janus Henderson Global Life Sciences Fund | 3.59% | 4.26% | 0.25% | 9.85% | 7.80% | 6.23% | 13.32% | 1.26% | 0.30% | 9.13% | 10.25% | 7.98% |
SPY SPDR S&P 500 ETF | 0.93% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
JNGLX vs. SPY - Drawdown Comparison
The maximum JNGLX drawdown since its inception was -30.82%, 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
The current volatility for Janus Henderson Global Life Sciences Fund (JNGLX) is 2.44%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.94%. This indicates that JNGLX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.