JNGTX vs. VGT
Compare and contrast key facts about Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) and Vanguard Information Technology ETF (VGT).
JNGTX is managed by Janus Henderson. It was launched on Dec 31, 1998. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JNGTX or VGT.
Key characteristics
| JNGTX | VGT | |
|---|---|---|
| YTD Return | 34.67% | 29.70% |
| 1Y Return | 49.00% | 44.81% |
| 3Y Return (Ann) | 2.06% | 12.42% |
| 5Y Return (Ann) | 12.38% | 23.16% |
| 10Y Return (Ann) | 10.88% | 21.13% |
| Sharpe Ratio | 2.30 | 2.08 |
| Sortino Ratio | 2.98 | 2.66 |
| Omega Ratio | 1.41 | 1.37 |
| Calmar Ratio | 1.61 | 2.89 |
| Martin Ratio | 11.03 | 10.41 |
| Ulcer Index | 4.37% | 4.22% |
| Daily Std Dev | 20.96% | 21.11% |
| Max Drawdown | -53.97% | -54.63% |
| Current Drawdown | -0.08% | -0.18% |
Correlation
The correlation between JNGTX and VGT 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. VGT - Performance Comparison
In the year-to-date period, JNGTX achieves a 34.67% return, which is significantly higher than VGT's 29.70% return. Over the past 10 years, JNGTX has underperformed VGT with an annualized return of 10.88%, while VGT has yielded a comparatively higher 21.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JNGTX vs. VGT - Expense Ratio Comparison
JNGTX has a 0.79% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
JNGTX vs. VGT - 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 Vanguard Information Technology ETF (VGT). 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. VGT - Dividend Comparison
JNGTX has not paid dividends to shareholders, while VGT's dividend yield for the trailing twelve months is around 0.60%.
| 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% |
VGT Vanguard Information Technology ETF | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
JNGTX vs. VGT - Drawdown Comparison
The maximum JNGTX drawdown since its inception was -53.97%, roughly equal to the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for JNGTX and VGT. For additional features, visit the drawdowns tool.
Volatility
JNGTX vs. VGT - Volatility Comparison
The current volatility for Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) is 5.82%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.35%. This indicates that JNGTX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.