JNSGX vs. JNGTX
JNSGX (Janus Henderson Global Allocation Fund - Growth) and JNGTX (Janus Henderson Global Technology and Innovation Fund Class D) are both mutual funds - JNSGX is a Global Allocation fund managed by Janus Henderson, while JNGTX is a Technology Equities fund managed by Janus Henderson. Over the past 10 years, JNSGX returned 8.35%/yr vs 22.38%/yr for JNGTX. Their correlation of 0.85 means they have usually moved in the same direction. JNSGX charges 0.26%/yr vs 0.79%/yr for JNGTX.
Performance
JNSGX vs. JNGTX - Performance Comparison
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Returns By Period
In the year-to-date period, JNSGX achieves a 9.51% return, which is significantly lower than JNGTX's 22.64% return. Over the past 10 years, JNSGX has underperformed JNGTX with an annualized return of 8.35%, while JNGTX has yielded a comparatively higher 22.38% annualized return.
JNSGX
- 1D
- 0.83%
- 1M
- 0.00%
- 6M
- 6.77%
- YTD
- 9.51%
- 1Y
- 17.44%
- 3Y*
- 14.66%
- 5Y*
- 6.28%
- 10Y*
- 8.35%
- ALL TIME*
- 6.54%
JNGTX
- 1D
- 1.15%
- 1M
- -2.89%
- 6M
- 23.64%
- YTD
- 22.64%
- 1Y
- 29.53%
- 3Y*
- 31.46%
- 5Y*
- 14.56%
- 10Y*
- 22.38%
- ALL TIME*
- 12.31%
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 |
JNSGX vs. JNGTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNSGX Janus Henderson Global Allocation Fund - Growth | 9.51% | 18.68% | 11.17% | 13.71% | -17.82% | 10.38% | 14.54% | 19.94% | -8.20% | 19.73% |
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 22.64% | 25.00% | 32.34% | 55.33% | -37.63% | 17.53% | 51.18% | 45.15% | 0.92% | 44.69% |
Correlation
The correlation between JNSGX and JNGTX is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.78 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.83 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006 | 0.85 |
The correlation between JNSGX and JNGTX has been stable across timeframes, ranging from 0.78 to 0.85 - a consistent structural relationship.
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Return for Risk
JNSGX vs. JNGTX — Risk / Return Rank
JNSGX
JNGTX
JNSGX vs. JNGTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Global Allocation Fund - Growth (JNSGX) 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.
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.
| JNSGX | JNGTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.22 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 1.74 | +0.49 |
| Martin ratioReturn relative to average drawdown | 9.25 | 5.67 | +3.58 |
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Drawdowns
JNSGX vs. JNGTX - Drawdown Comparison
The maximum JNSGX drawdown since its inception was -50.39%, smaller than the maximum JNGTX drawdown of -84.79%. Use the drawdown chart below to compare losses from any high point for JNSGX and JNGTX.
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Drawdown Indicators
| JNSGX | JNGTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.39% | -84.79% | +34.40% |
Max Drawdown (1Y)Largest decline over 1 year | -8.48% | -18.53% | +10.05% |
Max Drawdown (3Y)Largest decline over 3 years | -13.70% | -23.91% | +10.21% |
Max Drawdown (5Y)Largest decline over 5 years | -26.30% | -46.46% | +20.16% |
Max Drawdown (10Y)Largest decline over 10 years | -29.47% | -46.46% | +16.99% |
Current DrawdownCurrent decline from peak | -1.00% | -9.85% | +8.85% |
Average DrawdownAverage peak-to-trough decline | -7.97% | -40.02% | +32.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 5.68% | -3.64% |
Volatility
JNSGX vs. JNGTX - Volatility Comparison
The current volatility for Janus Henderson Global Allocation Fund - Growth (JNSGX) is 3.73%, while Janus Henderson Global Technology and Innovation Fund Class D (JNGTX) has a volatility of 12.14%. This indicates that JNSGX 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.
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Volatility by Period
| JNSGX | JNGTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.73% | 12.14% | -8.41% |
Volatility (6M)Calculated over the trailing 6-month period | 10.53% | 23.66% | -13.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.24% | 27.05% | -14.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.25% | 27.55% | -14.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.27% | 25.12% | -11.85% |
JNSGX vs. JNGTX - Expense Ratio Comparison
JNSGX has a 0.26% expense ratio, which is lower than JNGTX's 0.79% expense ratio.
Dividends
JNSGX vs. JNGTX - Dividend Comparison
JNSGX's dividend yield for the trailing twelve months is around 6.10%, less than JNGTX's 10.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNGTX Janus Henderson Global Technology and Innovation Fund Class D | 10.94% | 13.42% | 11.65% | 0.77% | 0.00% | 15.86% | 8.99% | 8.55% | 6.61% | 7.47% | 4.83% | 7.75% |
JNSGX Janus Henderson Global Allocation Fund - Growth | 6.10% | 6.68% | 9.20% | 1.46% | 4.67% | 16.70% | 4.75% | 7.16% | 5.35% | 6.43% | 2.55% | 10.31% |
Frequently Asked Questions
JNSGX and JNGTX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNGTX has higher volatility (12.14%) compared to JNSGX (3.73%). In terms of maximum drawdown, JNSGX dropped -50.39% vs JNGTX's -84.79%.
JNSGX currently has the higher Sharpe Ratio (1.55 vs 1.19), 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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