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JNGTX vs. FOCPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between JNGTX and FOCPX is 0.93, 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.


-0.50.00.51.00.9

Performance

JNGTX vs. FOCPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) and Fidelity OTC Portfolio (FOCPX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-2.80%
12.23%
JNGTX
FOCPX

Key characteristics

Sharpe Ratio

JNGTX:

0.95

FOCPX:

2.06

Sortino Ratio

JNGTX:

1.31

FOCPX:

2.67

Omega Ratio

JNGTX:

1.20

FOCPX:

1.37

Calmar Ratio

JNGTX:

0.88

FOCPX:

2.63

Martin Ratio

JNGTX:

4.38

FOCPX:

8.39

Ulcer Index

JNGTX:

5.11%

FOCPX:

4.56%

Daily Std Dev

JNGTX:

23.49%

FOCPX:

18.63%

Max Drawdown

JNGTX:

-53.97%

FOCPX:

-69.01%

Current Drawdown

JNGTX:

-12.24%

FOCPX:

-1.43%

Returns By Period

In the year-to-date period, JNGTX achieves a 21.82% return, which is significantly lower than FOCPX's 37.88% return. Over the past 10 years, JNGTX has underperformed FOCPX with an annualized return of 11.22%, while FOCPX has yielded a comparatively higher 17.87% annualized return.


JNGTX

YTD

21.82%

1M

-9.04%

6M

-2.80%

1Y

22.36%

5Y*

10.47%

10Y*

11.22%

FOCPX

YTD

37.88%

1M

6.51%

6M

12.23%

1Y

38.11%

5Y*

19.71%

10Y*

17.87%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


JNGTX vs. FOCPX - Expense Ratio Comparison

JNGTX has a 0.79% expense ratio, which is lower than FOCPX's 0.80% expense ratio.


FOCPX
Fidelity OTC Portfolio
Expense ratio chart for FOCPX: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%
Expense ratio chart for JNGTX: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%

Risk-Adjusted Performance

JNGTX vs. FOCPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) and Fidelity OTC Portfolio (FOCPX). 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.


Sharpe ratio
The chart of Sharpe ratio for JNGTX, currently valued at 0.95, compared to the broader market-1.000.001.002.003.004.000.952.06
The chart of Sortino ratio for JNGTX, currently valued at 1.31, compared to the broader market-2.000.002.004.006.008.0010.001.312.67
The chart of Omega ratio for JNGTX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.37
The chart of Calmar ratio for JNGTX, currently valued at 0.88, compared to the broader market0.002.004.006.008.0010.0012.0014.000.882.63
The chart of Martin ratio for JNGTX, currently valued at 4.38, compared to the broader market0.0020.0040.0060.004.388.39
JNGTX
FOCPX

The current JNGTX Sharpe Ratio is 0.95, which is lower than the FOCPX Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of JNGTX and FOCPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.95
2.06
JNGTX
FOCPX

Dividends

JNGTX vs. FOCPX - Dividend Comparison

JNGTX has not paid dividends to shareholders, while FOCPX's dividend yield for the trailing twelve months is around 13.29%.


TTM20232022202120202019201820172016201520142013
JNGTX
Janus Henderson Global Technology and Innovation Fund Class D
0.00%0.00%0.00%0.00%0.10%0.35%0.14%0.01%0.00%0.36%0.12%0.00%
FOCPX
Fidelity OTC Portfolio
13.29%0.05%4.06%11.53%6.23%7.58%7.93%4.86%3.24%5.41%12.91%13.54%

Drawdowns

JNGTX vs. FOCPX - Drawdown Comparison

The maximum JNGTX drawdown since its inception was -53.97%, smaller than the maximum FOCPX drawdown of -69.01%. Use the drawdown chart below to compare losses from any high point for JNGTX and FOCPX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-12.24%
-1.43%
JNGTX
FOCPX

Volatility

JNGTX vs. FOCPX - Volatility Comparison

Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) has a higher volatility of 11.59% compared to Fidelity OTC Portfolio (FOCPX) at 5.26%. This indicates that JNGTX's price experiences larger fluctuations and is considered to be riskier than FOCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
11.59%
5.26%
JNGTX
FOCPX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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