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 | 12.98% | 26.77% |
| 1Y Return | 22.70% | 37.43% |
| 3Y Return (Ann) | 1.20% | 10.15% |
| 5Y Return (Ann) | 6.29% | 15.86% |
| 10Y Return (Ann) | 4.09% | 13.33% |
| Sharpe Ratio | 1.77 | 3.06 |
| Sortino Ratio | 2.43 | 4.08 |
| Omega Ratio | 1.32 | 1.58 |
| Calmar Ratio | 1.31 | 4.44 |
| Martin Ratio | 9.01 | 20.11 |
| Ulcer Index | 2.61% | 1.85% |
| Daily Std Dev | 13.33% | 12.18% |
| Max Drawdown | -36.40% | -55.19% |
| Current Drawdown | -5.45% | -0.31% |
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
In the year-to-date period, JNGLX achieves a 12.98% return, which is significantly lower than SPY's 26.77% return. Over the past 10 years, JNGLX has underperformed SPY with an annualized return of 4.09%, while SPY has yielded a comparatively higher 13.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 0.12%, less than SPY's 1.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNGLX Janus Henderson Global Life Sciences Fund | 0.12% | 0.13% | 0.25% | 1.26% | 1.06% | 0.82% | 0.00% | 0.37% | 0.30% | 0.32% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.17% | 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 -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 3.33%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.88%. 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.