JNRFX vs. JAGLX
JNRFX (Janus Henderson Research Fund Class D) and JAGLX (Janus Henderson Global Life Sciences Fund Class T) are both mutual funds - JNRFX is a Large Cap Growth Equities fund actively managed by Janus Henderson, while JAGLX is a Health & Biotech Equities fund actively managed by Janus Henderson. Both are actively managed. Over the past 10 years, JNRFX returned 15.41%/yr vs 11.69%/yr for JAGLX. Their 0.72 correlation means they have sometimes moved together and sometimes differently. JNRFX charges 0.83%/yr vs 0.92%/yr for JAGLX.
Performance
JNRFX vs. JAGLX - Performance Comparison
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Returns By Period
In the year-to-date period, JNRFX achieves a 1.17% return, which is significantly lower than JAGLX's 9.46% return. Over the past 10 years, JNRFX has outperformed JAGLX with an annualized return of 15.41%, while JAGLX has yielded a comparatively lower 11.69% annualized return.
JNRFX
- 1D
- 3.40%
- 1M
- -3.24%
- 6M
- 2.53%
- YTD
- 1.17%
- 1Y
- 8.03%
- 3Y*
- 20.23%
- 5Y*
- 11.31%
- 10Y*
- 15.41%
- ALL TIME*
- 9.90%
JAGLX
- 1D
- -0.67%
- 1M
- -1.72%
- 6M
- 8.62%
- YTD
- 9.46%
- 1Y
- 41.01%
- 3Y*
- 15.10%
- 5Y*
- 9.59%
- 10Y*
- 11.69%
- ALL TIME*
- 11.72%
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 |
JNRFX vs. JAGLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNRFX Janus Henderson Research Fund Class D | 1.17% | 18.45% | 35.13% | 43.14% | -29.96% | 20.19% | 32.82% | 35.40% | -2.73% | 25.90% |
JAGLX Janus Henderson Global Life Sciences Fund Class T | 9.46% | 24.72% | 8.50% | 7.41% | -2.79% | 6.66% | 25.52% | 29.12% | 4.05% | 22.13% |
Correlation
The correlation between JNRFX and JAGLX is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.53 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.63 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1998 | 0.72 |
Over the past year, the correlation between JNRFX and JAGLX has dropped to 0.20 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.
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Return for Risk
JNRFX vs. JAGLX — Risk / Return Rank
JNRFX
JAGLX
JNRFX vs. JAGLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Research Fund Class D (JNRFX) and Janus Henderson Global Life Sciences Fund Class T (JAGLX). 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.
| JNRFX | JAGLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.19 | ||
| Sortino ratioReturn per unit of downside risk | -3.03 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.43 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 4.08 | -3.72 |
| Martin ratioReturn relative to average drawdown | 1.13 | 12.74 | -11.61 |
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Drawdowns
JNRFX vs. JAGLX - Drawdown Comparison
The maximum JNRFX drawdown since its inception was -74.74%, which is greater than JAGLX's maximum drawdown of -58.96%. Use the drawdown chart below to compare losses from any high point for JNRFX and JAGLX.
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Drawdown Indicators
| JNRFX | JAGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.74% | -58.96% | -15.78% |
Max Drawdown (1Y)Largest decline over 1 year | -17.05% | -9.71% | -7.34% |
Max Drawdown (3Y)Largest decline over 3 years | -22.66% | -17.41% | -5.25% |
Max Drawdown (5Y)Largest decline over 5 years | -36.48% | -22.25% | -14.23% |
Max Drawdown (10Y)Largest decline over 10 years | -36.48% | -27.38% | -9.10% |
Current DrawdownCurrent decline from peak | -7.61% | -2.51% | -5.10% |
Average DrawdownAverage peak-to-trough decline | -24.86% | -17.34% | -7.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.33% | 3.10% | +2.23% |
Volatility
JNRFX vs. JAGLX - Volatility Comparison
Janus Henderson Research Fund Class D (JNRFX) has a higher volatility of 6.93% compared to Janus Henderson Global Life Sciences Fund Class T (JAGLX) at 5.23%. This indicates that JNRFX's price experiences larger fluctuations and is considered to be riskier than JAGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JNRFX | JAGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 5.23% | +1.70% |
Volatility (6M)Calculated over the trailing 6-month period | 15.29% | 12.28% | +3.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.48% | 15.75% | +2.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.44% | 16.17% | +6.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.49% | 17.40% | +4.09% |
JNRFX vs. JAGLX - Expense Ratio Comparison
JNRFX has a 0.83% expense ratio, which is lower than JAGLX's 0.92% expense ratio.
Dividends
JNRFX vs. JAGLX - Dividend Comparison
JNRFX's dividend yield for the trailing twelve months is around 11.80%, more than JAGLX's 4.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JAGLX Janus Henderson Global Life Sciences Fund Class T | 4.14% | 4.53% | 10.98% | 4.22% | 0.14% | 9.78% | 7.75% | 6.17% | 13.38% | 0.89% | 1.13% | 9.09% |
JNRFX Janus Henderson Research Fund Class D | 11.80% | 11.94% | 5.11% | 2.93% | 0.43% | 13.01% | 2.98% | 10.37% | 11.06% | 8.22% | 5.41% | 9.21% |
Frequently Asked Questions
JNRFX and JAGLX have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNRFX has higher volatility (6.93%) compared to JAGLX (5.23%). In terms of maximum drawdown, JNRFX dropped -74.74% vs JAGLX's -58.96%.
JAGLX currently has the higher Sharpe Ratio (2.51 vs 0.33), 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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