JNRFX vs. JNGTX
Compare and contrast key facts about Janus Henderson Research Fund (JNRFX) and Janus Henderson Global Technology and Innovation Fund Class D (JNGTX).
JNRFX is managed by Janus Henderson. It was launched on May 3, 1993. JNGTX is managed by Janus Henderson. It was launched on Dec 31, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JNRFX or JNGTX.
Key characteristics
| JNRFX | JNGTX | |
|---|---|---|
| YTD Return | 24.98% | 24.59% |
| 1Y Return | 37.40% | 40.59% |
| 3Y Return (Ann) | 9.18% | 5.85% |
| 5Y Return (Ann) | 16.72% | 18.87% |
| 10Y Return (Ann) | 14.09% | 18.81% |
| Sharpe Ratio | 2.15 | 1.96 |
| Daily Std Dev | 17.55% | 20.99% |
| Max Drawdown | -36.48% | -46.46% |
| Current Drawdown | -3.89% | -6.87% |
Correlation
The correlation between JNRFX and JNGTX 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
JNRFX vs. JNGTX - Performance Comparison
The year-to-date returns for both stocks are quite close, with JNRFX having a 24.98% return and JNGTX slightly lower at 24.59%. Over the past 10 years, JNRFX has underperformed JNGTX with an annualized return of 14.09%, while JNGTX has yielded a comparatively higher 18.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JNRFX vs. JNGTX - Expense Ratio Comparison
JNRFX has a 0.66% expense ratio, which is lower than JNGTX's 0.79% expense ratio.
Risk-Adjusted Performance
JNRFX vs. JNGTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Research Fund (JNRFX) and Janus Henderson Global Technology and Innovation Fund Class D (JNGTX). 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
JNRFX vs. JNGTX - Dividend Comparison
JNRFX's dividend yield for the trailing twelve months is around 2.34%, more than JNGTX's 0.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNRFX Janus Henderson Research Fund | 2.34% | 2.93% | 0.43% | 13.01% | 2.98% | 10.76% | 11.06% | 8.47% | 5.70% | 9.66% | 14.60% | 0.74% |
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 0.62% | 0.77% | 0.00% | 15.86% | 8.99% | 8.90% | 6.61% | 7.47% | 4.83% | 8.11% | 17.69% | 7.57% |
Drawdowns
JNRFX vs. JNGTX - Drawdown Comparison
The maximum JNRFX drawdown since its inception was -36.48%, smaller than the maximum JNGTX drawdown of -46.46%. Use the drawdown chart below to compare losses from any high point for JNRFX and JNGTX. For additional features, visit the drawdowns tool.
Volatility
JNRFX vs. JNGTX - Volatility Comparison
The current volatility for Janus Henderson Research Fund (JNRFX) is 5.92%, while Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) has a volatility of 7.24%. This indicates that JNRFX experiences smaller price fluctuations and is considered to be less risky than JNGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.