JNGTX vs. FTEC
Compare and contrast key facts about Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) and Fidelity MSCI Information Technology Index ETF (FTEC).
JNGTX is managed by Janus Henderson. It was launched on Dec 31, 1998. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JNGTX or FTEC.
Key characteristics
| JNGTX | FTEC | |
|---|---|---|
| YTD Return | 35.08% | 29.50% |
| 1Y Return | 45.96% | 41.47% |
| 3Y Return (Ann) | 1.83% | 12.65% |
| 5Y Return (Ann) | 12.33% | 23.15% |
| 10Y Return (Ann) | 10.83% | 20.71% |
| Sharpe Ratio | 2.19 | 1.93 |
| Sortino Ratio | 2.85 | 2.50 |
| Omega Ratio | 1.39 | 1.34 |
| Calmar Ratio | 1.61 | 2.67 |
| Martin Ratio | 10.41 | 9.64 |
| Ulcer Index | 4.37% | 4.23% |
| Daily Std Dev | 20.80% | 21.08% |
| Max Drawdown | -53.97% | -34.95% |
| Current Drawdown | 0.00% | -0.41% |
Correlation
The correlation between JNGTX and FTEC 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.
Performance
JNGTX vs. FTEC - Performance Comparison
In the year-to-date period, JNGTX achieves a 35.08% return, which is significantly higher than FTEC's 29.50% return. Over the past 10 years, JNGTX has underperformed FTEC with an annualized return of 10.83%, while FTEC has yielded a comparatively higher 20.71% 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.
JNGTX vs. FTEC - Expense Ratio Comparison
JNGTX has a 0.79% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
JNGTX vs. FTEC - 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 MSCI Information Technology Index ETF (FTEC). 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. FTEC - Dividend Comparison
JNGTX has not paid dividends to shareholders, while FTEC's dividend yield for the trailing twelve months is around 0.61%.
| 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% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.61% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% | 0.18% |
Drawdowns
JNGTX vs. FTEC - Drawdown Comparison
The maximum JNGTX drawdown since its inception was -53.97%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for JNGTX and FTEC. For additional features, visit the drawdowns tool.
Volatility
JNGTX vs. FTEC - Volatility Comparison
The current volatility for Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) is 5.72%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 6.28%. This indicates that JNGTX experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.