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JNGTX vs. JNRFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JNGTX vs. JNRFX - 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 Research Fund (JNRFX). The values are adjusted to include any dividend payments, if applicable.

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JNGTX vs. JNRFX - 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%
JNRFX
Janus Henderson Research Fund
-10.67%18.45%35.13%43.14%-29.96%20.19%32.82%35.40%-2.73%25.90%

Returns By Period

In the year-to-date period, JNGTX achieves a -7.02% return, which is significantly higher than JNRFX's -10.67% return. Over the past 10 years, JNGTX has outperformed JNRFX with an annualized return of 20.41%, while JNRFX has yielded a comparatively lower 14.57% 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%

JNRFX

1D
3.86%
1M
-6.01%
YTD
-10.67%
6M
-10.21%
1Y
15.96%
3Y*
21.52%
5Y*
10.93%
10Y*
14.57%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JNGTX vs. JNRFX - Expense Ratio Comparison

JNGTX has a 0.79% expense ratio, which is higher than JNRFX's 0.66% expense ratio.


Return for Risk

JNGTX vs. JNRFX — 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

JNRFX
JNRFX Risk / Return Rank: 3333
Overall Rank
JNRFX Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
JNRFX Sortino Ratio Rank: 3636
Sortino Ratio Rank
JNRFX Omega Ratio Rank: 3434
Omega Ratio Rank
JNRFX Calmar Ratio Rank: 3535
Calmar Ratio Rank
JNRFX Martin Ratio Rank: 3131
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. JNRFX - 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 Research Fund (JNRFX). 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.


JNGTXJNRFXDifference

Sharpe ratio

Return per unit of total volatility

1.16

0.76

+0.40

Sortino ratio

Return per unit of downside risk

1.73

1.25

+0.48

Omega ratio

Gain probability vs. loss probability

1.24

1.17

+0.07

Calmar ratio

Return relative to maximum drawdown

1.80

0.99

+0.81

Martin ratio

Return relative to average drawdown

6.10

3.52

+2.59

JNGTX vs. JNRFX - Sharpe Ratio Comparison

The current JNGTX Sharpe Ratio is 1.16, which is higher than the JNRFX Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of JNGTX and JNRFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


JNGTXJNRFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.16

0.76

+0.40

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.41

0.50

-0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.84

0.69

+0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.44

0.44

0.00

Correlation

The correlation between JNGTX and JNRFX is 0.93, 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. JNRFX - Dividend Comparison

JNGTX's dividend yield for the trailing twelve months is around 14.43%, more than JNRFX's 13.36% 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%
JNRFX
Janus Henderson Research Fund
13.36%11.94%5.11%2.93%0.43%13.01%2.98%10.37%11.06%8.22%5.41%9.21%

Drawdowns

JNGTX vs. JNRFX - Drawdown Comparison

The maximum JNGTX drawdown since its inception was -84.79%, which is greater than JNRFX's maximum drawdown of -74.74%. Use the drawdown chart below to compare losses from any high point for JNGTX and JNRFX.


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Drawdown Indicators


JNGTXJNRFXDifference

Max Drawdown

Largest peak-to-trough decline

-84.79%

-74.74%

-10.05%

Max Drawdown (1Y)

Largest decline over 1 year

-15.93%

-17.05%

+1.12%

Max Drawdown (5Y)

Largest decline over 5 years

-46.46%

-36.48%

-9.98%

Max Drawdown (10Y)

Largest decline over 10 years

-46.46%

-36.48%

-9.98%

Current Drawdown

Current decline from peak

-12.54%

-13.85%

+1.31%

Average Drawdown

Average peak-to-trough decline

-40.47%

-25.07%

-15.40%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.69%

4.78%

-0.09%

Volatility

JNGTX vs. JNRFX - Volatility Comparison

Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) has a higher volatility of 8.32% compared to Janus Henderson Research Fund (JNRFX) at 7.06%. This indicates that JNGTX's price experiences larger fluctuations and is considered to be riskier than JNRFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


JNGTXJNRFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.32%

7.06%

+1.26%

Volatility (6M)

Calculated over the trailing 6-month period

16.27%

12.64%

+3.63%

Volatility (1Y)

Calculated over the trailing 1-year period

25.51%

22.52%

+2.99%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.29%

22.03%

+4.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.40%

21.27%

+3.13%