JXX vs. JATIX

Last updated Apr 2, 2026

Compare and contrast key facts about Janus Henderson Transformational Growth ETF (JXX) and Janus Henderson Global Technology and Innovation Fund Class I (JATIX).

JXX is an actively managed fund by Janus Henderson. It was launched on Feb 4, 2025. JATIX is managed by Janus Henderson. It was launched on Dec 31, 1998.

Performance

JXX vs. JATIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Transformational Growth ETF (JXX) and Janus Henderson Global Technology and Innovation Fund Class I (JATIX). The values are adjusted to include any dividend payments, if applicable.

JXX vs. JATIX - Yearly Performance Comparison

	2026 (YTD)	2025
JXX Janus Henderson Transformational Growth ETF	-10.45%	10.47%
JATIX Janus Henderson Global Technology and Innovation Fund Class I	-7.02%	21.68%

Returns By Period

In the year-to-date period, JXX achieves a -10.45% return, which is significantly lower than JATIX's -7.02% return.

JXX

• 1D: 1.25%
• 1M: -3.11%
• YTD: -10.45%
• 6M: -11.23%
• 1Y: 14.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JATIX

• 1D: 4.04%
• 1M: -7.48%
• YTD: -7.02%
• 6M: -6.54%
• 1Y: 27.80%
• 3Y*: 25.03%
• 5Y*: 10.82%
• 10Y*: 20.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JXX vs. JATIX - Expense Ratio Comparison

JXX has a 0.57% expense ratio, which is lower than JATIX's 0.76% expense ratio.

JATIX

Janus Henderson Global Technology and Innovation Fund Class I

JXX

Janus Henderson Transformational Growth ETF

Return for Risk

JXX vs. JATIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JXX

JXX Risk / Return Rank: 30
JXX Sharpe Ratio Rank: 31
JXX Sortino Ratio Rank: 32
JXX Omega Ratio Rank: 30
JXX Calmar Ratio Rank: 28
JXX Martin Ratio Rank: 28

JATIX

JATIX Risk / Return Rank: 64
JATIX Sharpe Ratio Rank: 62
JATIX Sortino Ratio Rank: 66
JATIX Omega Ratio Rank: 59
JATIX Calmar Ratio Rank: 73
JATIX Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JXX vs. JATIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Transformational Growth ETF (JXX) and Janus Henderson Global Technology and Innovation Fund Class I (JATIX). 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.

	JXX	JATIX	Difference
Sharpe ratio Return per unit of total volatility	0.62	1.16	-0.54
Sortino ratio Return per unit of downside risk	1.03	1.73	-0.70
Omega ratio Gain probability vs. loss probability	1.13	1.24	-0.10
Calmar ratio Return relative to maximum drawdown	0.84	1.80	-0.96
Martin ratio Return relative to average drawdown	2.71	6.11	-3.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JXX vs. JATIX - Sharpe Ratio Comparison

The current JXX Sharpe Ratio is 0.62, which is lower than the JATIX Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of JXX and JATIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JXX	JATIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	1.16	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.85	-0.88

Correlation

The correlation between JXX and JATIX is 0.85, 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.

Dividends

JXX vs. JATIX - Dividend Comparison

JXX's dividend yield for the trailing twelve months is around 0.01%, less than JATIX's 14.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JXX Janus Henderson Transformational Growth ETF	0.01%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JATIX Janus Henderson Global Technology and Innovation Fund Class I	14.18%	13.19%	11.48%	0.76%	0.00%	15.67%	8.94%	8.47%	6.65%	7.41%	4.80%	7.71%

Drawdowns

JXX vs. JATIX - Drawdown Comparison

The maximum JXX drawdown since its inception was -23.73%, smaller than the maximum JATIX drawdown of -46.43%. Use the drawdown chart below to compare losses from any high point for JXX and JATIX.

Drawdown Indicators

	JXX	JATIX	Difference
Max Drawdown Largest peak-to-trough decline	-23.73%	-46.43%	+22.70%
Max Drawdown (1Y) Largest decline over 1 year	-18.02%	-15.94%	-2.08%
Max Drawdown (5Y) Largest decline over 5 years	—	-46.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.43%	—
Current Drawdown Current decline from peak	-13.27%	-12.54%	-0.73%
Average Drawdown Average peak-to-trough decline	-5.92%	-6.78%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.56%	4.69%	+0.87%

Volatility

JXX vs. JATIX - Volatility Comparison

Janus Henderson Transformational Growth ETF (JXX) and Janus Henderson Global Technology and Innovation Fund Class I (JATIX) have volatilities of 8.17% and 8.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JXX	JATIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.17%	8.32%	-0.15%
Volatility (6M) Calculated over the trailing 6-month period	15.62%	16.28%	-0.66%
Volatility (1Y) Calculated over the trailing 1-year period	24.03%	25.51%	-1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.60%	26.26%	-1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.60%	24.38%	+0.22%