PortfoliosLab logoPortfoliosLab logo
JNGTX vs. JDBAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JNGTX vs. JDBAX - 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 Janus Henderson Balanced Fund Class A (JDBAX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

JNGTX vs. JDBAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
JDBAX
Janus Henderson Balanced Fund Class A
-5.36%14.78%20.54%15.17%-16.75%16.99%14.14%25.01%0.39%18.23%

Returns By Period

In the year-to-date period, JNGTX achieves a -7.02% return, which is significantly lower than JDBAX's -5.36% return. Over the past 10 years, JNGTX has outperformed JDBAX with an annualized return of 20.41%, while JDBAX has yielded a comparatively lower 9.97% 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%

JDBAX

1D
1.63%
1M
-4.85%
YTD
-5.36%
6M
-4.16%
1Y
10.47%
3Y*
12.76%
5Y*
7.45%
10Y*
9.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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. JDBAX - Expense Ratio Comparison

JNGTX has a 0.79% expense ratio, which is lower than JDBAX's 0.89% expense ratio.


Return for Risk

JNGTX vs. JDBAX — Risk / Return Rank

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

JNGTX
JNGTX Risk / Return Rank: 6565
Overall Rank
JNGTX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
JNGTX Sortino Ratio Rank: 6767
Sortino Ratio Rank
JNGTX Omega Ratio Rank: 6060
Omega Ratio Rank
JNGTX Calmar Ratio Rank: 7474
Calmar Ratio Rank
JNGTX Martin Ratio Rank: 6363
Martin Ratio Rank

JDBAX
JDBAX Risk / Return Rank: 4646
Overall Rank
JDBAX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
JDBAX Sortino Ratio Rank: 4343
Sortino Ratio Rank
JDBAX Omega Ratio Rank: 4141
Omega Ratio Rank
JDBAX Calmar Ratio Rank: 5252
Calmar Ratio Rank
JDBAX Martin Ratio Rank: 5252
Martin Ratio Rank
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. JDBAX - 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 Balanced Fund Class A (JDBAX). 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.


JNGTXJDBAXDifference

Sharpe ratio

Return per unit of total volatility

1.16

0.91

+0.25

Sortino ratio

Return per unit of downside risk

1.73

1.39

+0.34

Omega ratio

Gain probability vs. loss probability

1.24

1.19

+0.04

Calmar ratio

Return relative to maximum drawdown

1.80

1.38

+0.42

Martin ratio

Return relative to average drawdown

6.10

5.47

+0.63

JNGTX vs. JDBAX - Sharpe Ratio Comparison

The current JNGTX Sharpe Ratio is 1.16, which is comparable to the JDBAX Sharpe Ratio of 0.91. The chart below compares the historical Sharpe Ratios of JNGTX and JDBAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


JNGTXJDBAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.16

0.91

+0.25

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.41

0.66

-0.25

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

0.64

-0.20

Correlation

The correlation between JNGTX and JDBAX is 0.86, 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. JDBAX - Dividend Comparison

JNGTX's dividend yield for the trailing twelve months is around 14.43%, more than JDBAX's 8.67% yield.


TTM20252024202320222021202020192018201720162015
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%
JDBAX
Janus Henderson Balanced Fund Class A
8.67%8.62%11.67%2.08%1.76%4.34%2.35%4.62%6.84%5.05%2.43%5.68%

Drawdowns

JNGTX vs. JDBAX - Drawdown Comparison

The maximum JNGTX drawdown since its inception was -84.79%, which is greater than JDBAX's maximum drawdown of -34.14%. Use the drawdown chart below to compare losses from any high point for JNGTX and JDBAX.


Loading graphics...

Drawdown Indicators


JNGTXJDBAXDifference

Max Drawdown

Largest peak-to-trough decline

-84.79%

-34.14%

-50.65%

Max Drawdown (1Y)

Largest decline over 1 year

-15.93%

-8.16%

-7.77%

Max Drawdown (5Y)

Largest decline over 5 years

-46.46%

-21.63%

-24.83%

Max Drawdown (10Y)

Largest decline over 10 years

-46.46%

-22.48%

-23.98%

Current Drawdown

Current decline from peak

-12.54%

-6.66%

-5.88%

Average Drawdown

Average peak-to-trough decline

-40.47%

-5.42%

-35.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.69%

2.05%

+2.64%

Volatility

JNGTX vs. JDBAX - Volatility Comparison

Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) has a higher volatility of 8.32% compared to Janus Henderson Balanced Fund Class A (JDBAX) at 3.84%. This indicates that JNGTX's price experiences larger fluctuations and is considered to be riskier than JDBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


JNGTXJDBAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.32%

3.84%

+4.48%

Volatility (6M)

Calculated over the trailing 6-month period

16.27%

6.68%

+9.59%

Volatility (1Y)

Calculated over the trailing 1-year period

25.51%

12.10%

+13.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.29%

11.31%

+14.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.40%

11.22%

+13.18%