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:
-0.49
SPY:
0.30
JNGLX:
-0.56
SPY:
0.56
JNGLX:
0.93
SPY:
1.08
JNGLX:
-0.32
SPY:
0.31
JNGLX:
-0.81
SPY:
1.40
JNGLX:
9.89%
SPY:
4.18%
JNGLX:
16.38%
SPY:
19.64%
JNGLX:
-36.40%
SPY:
-55.19%
JNGLX:
-21.41%
SPY:
-13.86%
Returns By Period
In the year-to-date period, JNGLX achieves a -4.70% return, which is significantly higher than SPY's -9.91% return. Over the past 10 years, JNGLX has underperformed SPY with an annualized return of 0.86%, while SPY has yielded a comparatively higher 11.57% annualized return.
JNGLX
-4.70%
-7.87%
-19.37%
-7.81%
2.42%
0.86%
SPY
-9.91%
-5.89%
-9.03%
6.50%
14.62%
11.57%
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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 0.38%, less than SPY's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNGLX Janus Henderson Global Life Sciences Fund | 0.38% | 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 | 1.36% | 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
The current volatility for Janus Henderson Global Life Sciences Fund (JNGLX) is 9.38%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.52%. 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.