JNGTX vs. SCMIX
JNGTX (Janus Henderson Global Technology and Innovation Fund Class D) and SCMIX (Columbia Seligman Technology and Information Fund Institutional 2 Class) are both Technology Equities funds. Over the past 10 years, JNGTX returned 22.03%/yr vs 26.64%/yr for SCMIX. Their correlation of 0.91 means they have usually moved in the same direction. JNGTX charges 0.79%/yr vs 0.89%/yr for SCMIX.
Performance
JNGTX vs. SCMIX - Performance Comparison
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Returns By Period
In the year-to-date period, JNGTX achieves a 18.30% return, which is significantly lower than SCMIX's 45.86% return. Over the past 10 years, JNGTX has underperformed SCMIX with an annualized return of 22.03%, while SCMIX has yielded a comparatively higher 26.64% annualized return.
JNGTX
- 1D
- 6.74%
- 1M
- -6.32%
- 6M
- 15.73%
- YTD
- 18.30%
- 1Y
- 27.44%
- 3Y*
- 28.42%
- 5Y*
- 13.93%
- 10Y*
- 22.03%
- ALL TIME*
- 12.17%
SCMIX
- 1D
- 4.87%
- 1M
- -3.55%
- 6M
- 32.98%
- YTD
- 45.86%
- 1Y
- 85.10%
- 3Y*
- 39.53%
- 5Y*
- 23.75%
- 10Y*
- 26.64%
- ALL TIME*
- 15.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
JNGTX vs. SCMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 18.30% | 25.00% | 32.34% | 55.33% | -37.63% | 17.53% | 51.18% | 45.15% | 0.92% | 44.69% |
SCMIX Columbia Seligman Technology and Information Fund Institutional 2 Class | 45.86% | 37.73% | 27.06% | 44.68% | -30.96% | 39.37% | 44.85% | 54.60% | -7.81% | 34.46% |
Correlation
The correlation between JNGTX and SCMIX is 0.80, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.87 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2002 | 0.91 |
The correlation between JNGTX and SCMIX shifts across timeframes, from 0.80 (1 year) to 0.91 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
JNGTX vs. SCMIX — Risk / Return Rank
JNGTX
SCMIX
JNGTX vs. SCMIX - 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 Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JNGTX | SCMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.86 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.42 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 6.39 | -5.06 |
| Martin ratioReturn relative to average drawdown | 4.37 | 21.01 | -16.64 |
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Drawdowns
JNGTX vs. SCMIX - Drawdown Comparison
The maximum JNGTX drawdown since its inception was -84.79%, which is greater than SCMIX's maximum drawdown of -50.85%. Use the drawdown chart below to compare losses from any high point for JNGTX and SCMIX.
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Drawdown Indicators
| JNGTX | SCMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.79% | -50.85% | -33.94% |
Max Drawdown (1Y)Largest decline over 1 year | -18.53% | -12.76% | -5.77% |
Max Drawdown (3Y)Largest decline over 3 years | -23.91% | -29.08% | +5.17% |
Max Drawdown (5Y)Largest decline over 5 years | -46.46% | -37.18% | -9.28% |
Max Drawdown (10Y)Largest decline over 10 years | -46.46% | -37.18% | -9.28% |
Current DrawdownCurrent decline from peak | -13.04% | -8.51% | -4.53% |
Average DrawdownAverage peak-to-trough decline | -40.03% | -9.38% | -30.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.60% | 3.85% | +1.75% |
Volatility
JNGTX vs. SCMIX - Volatility Comparison
Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) has a higher volatility of 12.44% compared to Columbia Seligman Technology and Information Fund Institutional 2 Class (SCMIX) at 10.03%. This indicates that JNGTX's price experiences larger fluctuations and is considered to be riskier than SCMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JNGTX | SCMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.44% | 10.03% | +2.41% |
Volatility (6M)Calculated over the trailing 6-month period | 23.71% | 23.32% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.97% | 29.59% | -2.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.52% | 26.92% | +0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.10% | 26.38% | -1.28% |
JNGTX vs. SCMIX - Expense Ratio Comparison
JNGTX has a 0.79% expense ratio, which is lower than SCMIX's 0.89% expense ratio.
Dividends
JNGTX vs. SCMIX - Dividend Comparison
JNGTX's dividend yield for the trailing twelve months is around 11.34%, more than SCMIX's 5.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 11.34% | 13.42% | 11.65% | 0.77% | 0.00% | 15.86% | 8.99% | 8.55% | 6.61% | 7.47% | 4.83% | 7.75% |
SCMIX Columbia Seligman Technology and Information Fund Institutional 2 Class | 5.44% | 7.93% | 12.11% | 4.52% | 8.08% | 10.45% | 9.38% | 10.47% | 11.30% | 10.48% | 7.88% | 10.40% |
Frequently Asked Questions
JNGTX and SCMIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNGTX has higher volatility (12.44%) compared to SCMIX (10.03%). In terms of maximum drawdown, JNGTX dropped -84.79% vs SCMIX's -50.85%.
SCMIX currently has the higher Sharpe Ratio (2.75 vs 0.91), 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.
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