JNGTX vs. JATIX
JNGTX (Janus Henderson Global Technology and Innovation Fund Class D) and JATIX (Janus Henderson Global Technology and Innovation Fund Class I) are both Technology Equities funds from Janus Henderson. Over the past 10 years, JNGTX returned 24.27%/yr vs 24.33%/yr for JATIX. With a 1.00 correlation, they move nearly in lockstep. JNGTX charges 0.79%/yr vs 0.76%/yr for JATIX.
Performance
JNGTX vs. JATIX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with JNGTX having a 32.55% return and JATIX slightly higher at 32.56%. Both investments have delivered pretty close results over the past 10 years, with JNGTX having a 24.27% annualized return and JATIX not far ahead at 24.33%.
JNGTX
- 1D
- -0.99%
- 1M
- 10.93%
- YTD
- 32.55%
- 6M
- 31.65%
- 1Y
- 55.64%
- 3Y*
- 36.25%
- 5Y*
- 18.47%
- 10Y*
- 24.27%
JATIX
- 1D
- -0.99%
- 1M
- 10.93%
- YTD
- 32.56%
- 6M
- 31.66%
- 1Y
- 55.68%
- 3Y*
- 36.29%
- 5Y*
- 18.51%
- 10Y*
- 24.33%
JNGTX vs. JATIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 32.55% | 25.00% | 32.34% | 55.33% | -37.63% | 17.53% | 51.18% | 45.15% | 0.92% | 44.69% |
JATIX Janus Henderson Global Technology and Innovation Fund Class I | 32.56% | 25.04% | 32.38% | 55.38% | -37.60% | 17.57% | 51.25% | 45.27% | 0.97% | 44.79% |
Correlation
The correlation between JNGTX and JATIX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2009 | 1.00 |
The correlation between JNGTX and JATIX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
JNGTX vs. JATIX — Risk / Return Rank
JNGTX
JATIX
JNGTX vs. JATIX - 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 Janus Henderson Global Technology and Innovation Fund Class I (JATIX). 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 | JATIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.45 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.52 | 3.52 | 0.00 |
| Martin ratioReturn relative to average drawdown | 12.05 | 12.06 | -0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| JNGTX | JATIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.71 | 2.71 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.70 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.99 | 0.99 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.95 | -0.46 |
Drawdowns
JNGTX vs. JATIX - Drawdown Comparison
The maximum JNGTX drawdown since its inception was -84.79%, which is greater than JATIX's maximum drawdown of -46.43%. Use the drawdown chart below to compare losses from any high point for JNGTX and JATIX.
Loading charts...
Drawdown Indicators
| JNGTX | JATIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.79% | -46.43% | -38.36% |
Max Drawdown (1Y)Largest decline over 1 year | -15.93% | -15.94% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -23.91% | -23.92% | +0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -46.46% | -46.43% | -0.03% |
Max Drawdown (10Y)Largest decline over 10 years | -46.46% | -46.43% | -0.03% |
Current DrawdownCurrent decline from peak | -1.97% | -1.97% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -40.22% | -6.73% | -33.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.64% | 4.64% | 0.00% |
Volatility
JNGTX vs. JATIX - Volatility Comparison
Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) and Janus Henderson Global Technology and Innovation Fund Class I (JATIX) have volatilities of 7.14% and 7.13%, 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.
Loading charts...
Volatility by Period
| JNGTX | JATIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.14% | 7.13% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 17.08% | 17.08% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.72% | 20.73% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.44% | 26.41% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.58% | 24.56% | +0.02% |
JNGTX vs. JATIX - Expense Ratio Comparison
JNGTX has a 0.79% expense ratio, which is higher than JATIX's 0.76% expense ratio.
Dividends
JNGTX vs. JATIX - Dividend Comparison
JNGTX's dividend yield for the trailing twelve months is around 10.12%, more than JATIX's 9.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JATIX Janus Henderson Global Technology and Innovation Fund Class I | 9.95% | 13.19% | 11.48% | 0.76% | 0.00% | 15.67% | 8.94% | 8.47% | 6.65% | 7.41% | 4.80% | 7.71% |
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 10.12% | 13.42% | 11.65% | 0.77% | 0.00% | 15.86% | 8.99% | 8.55% | 6.61% | 7.47% | 4.83% | 7.75% |
Frequently Asked Questions
With a correlation of 1.00, JNGTX and JATIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
JNGTX has higher volatility (7.14%) compared to JATIX (7.13%). In terms of maximum drawdown, JNGTX dropped -84.79% vs JATIX's -46.43%.
JATIX currently has the higher Sharpe Ratio (2.71 vs 2.71), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for JNGTX and JATIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer