JNGTX vs. FSPTX
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JNGTX or FSPTX.
Key characteristics
| JNGTX | FSPTX | |
|---|---|---|
| YTD Return | 34.67% | 34.51% |
| 1Y Return | 49.00% | 49.57% |
| 3Y Return (Ann) | 2.06% | 6.80% |
| 5Y Return (Ann) | 12.38% | 15.39% |
| 10Y Return (Ann) | 10.88% | 13.58% |
| Sharpe Ratio | 2.30 | 2.11 |
| Sortino Ratio | 2.98 | 2.69 |
| Omega Ratio | 1.41 | 1.36 |
| Calmar Ratio | 1.61 | 2.48 |
| Martin Ratio | 11.03 | 10.33 |
| Ulcer Index | 4.37% | 4.71% |
| Daily Std Dev | 20.96% | 23.11% |
| Max Drawdown | -53.97% | -92.54% |
| Current Drawdown | -0.08% | -0.49% |
Correlation
The correlation between JNGTX and FSPTX is 0.94, 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
JNGTX vs. FSPTX - Performance Comparison
The year-to-date returns for both stocks are quite close, with JNGTX having a 34.67% return and FSPTX slightly lower at 34.51%. Over the past 10 years, JNGTX has underperformed FSPTX with an annualized return of 10.88%, while FSPTX has yielded a comparatively higher 13.58% 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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JNGTX vs. FSPTX - Expense Ratio Comparison
JNGTX has a 0.79% expense ratio, which is higher than FSPTX's 0.67% expense ratio.
Risk-Adjusted Performance
JNGTX vs. FSPTX - 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 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.
Dividends
JNGTX vs. FSPTX - Dividend Comparison
Neither JNGTX nor FSPTX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FSPTX Fidelity Select Technology Portfolio | 0.00% | 0.01% | 0.00% | 0.00% | 0.09% | 0.25% | 0.14% | 0.00% | 0.05% | 4.28% | 17.85% | 8.07% |
Drawdowns
JNGTX vs. FSPTX - Drawdown Comparison
The maximum JNGTX drawdown since its inception was -53.97%, smaller than the maximum FSPTX drawdown of -92.54%. Use the drawdown chart below to compare losses from any high point for JNGTX and FSPTX. For additional features, visit the drawdowns tool.
Volatility
JNGTX vs. FSPTX - Volatility Comparison
The current volatility for Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) is 5.82%, while Fidelity Select Technology Portfolio (FSPTX) has a volatility of 6.35%. This indicates that JNGTX experiences smaller price fluctuations and is considered to be less risky than FSPTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.