JNGTX vs. FSPTX

Last updated Apr 2, 2026

Compare and contrast key facts about Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) and Fidelity Select Technology Portfolio (FSPTX).

JNGTX is managed by Janus Henderson. It was launched on Dec 31, 1998. FSPTX is managed by Fidelity. It was launched on Jul 13, 1981.

Performance

JNGTX vs. FSPTX - 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 Select Technology Portfolio (FSPTX). The values are adjusted to include any dividend payments, if applicable.

JNGTX vs. FSPTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JNGTX Janus Henderson Global Technology and Innovation Fund Class D	-7.02%	25.00%	32.34%	55.33%	-37.63%	17.53%	51.18%	45.15%	0.92%	44.69%
FSPTX Fidelity Select Technology Portfolio	-4.01%	23.37%	41.76%	59.83%	-36.91%	21.99%	63.95%	51.08%	-9.03%	49.75%

Returns By Period

In the year-to-date period, JNGTX achieves a -7.02% return, which is significantly lower than FSPTX's -4.01% return. Over the past 10 years, JNGTX has underperformed FSPTX with an annualized return of 20.41%, while FSPTX has yielded a comparatively higher 22.84% annualized return.

JNGTX

• 1D: 4.03%
• 1M: -7.48%
• YTD: -7.02%
• 6M: -6.55%
• 1Y: 27.77%
• 3Y*: 24.99%
• 5Y*: 10.78%
• 10Y*: 20.41%

FSPTX

• 1D: 4.99%
• 1M: -3.56%
• YTD: -4.01%
• 6M: -3.00%
• 1Y: 36.58%
• 3Y*: 28.77%
• 5Y*: 14.60%
• 10Y*: 22.84%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JNGTX vs. FSPTX - Expense Ratio Comparison

JNGTX has a 0.79% expense ratio, which is higher than FSPTX's 0.67% expense ratio.

JNGTX

Janus Henderson Global Technology and Innovation Fund Class D

FSPTX

Fidelity Select Technology Portfolio

Return for Risk

JNGTX vs. FSPTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JNGTX

JNGTX Risk / Return Rank: 65
JNGTX Sharpe Ratio Rank: 63
JNGTX Sortino Ratio Rank: 67
JNGTX Omega Ratio Rank: 60
JNGTX Calmar Ratio Rank: 74
JNGTX Martin Ratio Rank: 63

FSPTX

FSPTX Risk / Return Rank: 78
FSPTX Sharpe Ratio Rank: 72
FSPTX Sortino Ratio Rank: 76
FSPTX Omega Ratio Rank: 71
FSPTX Calmar Ratio Rank: 89
FSPTX Martin Ratio Rank: 83

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JNGTX vs. FSPTX - Risk-Adjusted Trends Comparison

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

	JNGTX	FSPTX	Difference
Sharpe ratio Return per unit of total volatility	1.16	1.30	-0.14
Sortino ratio Return per unit of downside risk	1.73	1.94	-0.21
Omega ratio Gain probability vs. loss probability	1.24	1.27	-0.03
Calmar ratio Return relative to maximum drawdown	1.80	2.43	-0.63
Martin ratio Return relative to average drawdown	6.10	8.36	-2.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JNGTX vs. FSPTX - Sharpe Ratio Comparison

The current JNGTX Sharpe Ratio is 1.16, which is comparable to the FSPTX Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of JNGTX and FSPTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JNGTX	FSPTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	1.30	-0.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.54	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	0.89	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.53	-0.09

Correlation

The correlation between JNGTX and FSPTX is 0.95, 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.

Dividends

JNGTX vs. FSPTX - Dividend Comparison

JNGTX's dividend yield for the trailing twelve months is around 14.43%, more than FSPTX's 9.44% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JNGTX Janus Henderson Global Technology and Innovation Fund Class D	14.43%	13.42%	11.65%	0.77%	0.00%	15.86%	8.99%	8.55%	6.61%	7.47%	4.83%	7.75%
FSPTX Fidelity Select Technology Portfolio	9.44%	9.06%	9.42%	0.01%	3.95%	11.62%	18.86%	1.86%	23.77%	8.32%	1.54%	4.19%

Drawdowns

JNGTX vs. FSPTX - Drawdown Comparison

The maximum JNGTX drawdown since its inception was -84.79%, roughly equal to the maximum FSPTX drawdown of -84.37%. Use the drawdown chart below to compare losses from any high point for JNGTX and FSPTX.

Drawdown Indicators

	JNGTX	FSPTX	Difference
Max Drawdown Largest peak-to-trough decline	-84.79%	-84.37%	-0.42%
Max Drawdown (1Y) Largest decline over 1 year	-15.93%	-15.49%	-0.44%
Max Drawdown (5Y) Largest decline over 5 years	-46.46%	-42.16%	-4.30%
Max Drawdown (10Y) Largest decline over 10 years	-46.46%	-42.16%	-4.30%
Current Drawdown Current decline from peak	-12.54%	-9.41%	-3.13%
Average Drawdown Average peak-to-trough decline	-40.47%	-27.13%	-13.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.69%	4.51%	+0.18%

Volatility

JNGTX vs. FSPTX - Volatility Comparison

Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) and Fidelity Select Technology Portfolio (FSPTX) have volatilities of 8.32% and 8.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JNGTX	FSPTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.32%	8.46%	-0.14%
Volatility (6M) Calculated over the trailing 6-month period	16.27%	17.22%	-0.95%
Volatility (1Y) Calculated over the trailing 1-year period	25.51%	29.39%	-3.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.29%	27.27%	-0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.40%	25.85%	-1.45%