LTAM.L vs. JNGLX
LTAM.L (iShares MSCI EM Latin America UCITS ETF USD (Dist)) and JNGLX (Janus Henderson Global Life Sciences Fund) are both funds - LTAM.L is a Latin America Equities fund tracking the MSCI EM Latin America NR USD, while JNGLX is a Health & Biotech Equities fund managed by Janus Henderson. Over the past 10 years, LTAM.L returned 6.57%/yr vs 11.26%/yr for JNGLX. At a 0.25 correlation, their price movements are largely independent. LTAM.L charges 0.20%/yr vs 0.80%/yr for JNGLX.
Performance
LTAM.L vs. JNGLX - Performance Comparison
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Different Trading Currencies
LTAM.L is traded in GBp, while JNGLX is traded in USD. To make them comparable, the JNGLX values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, LTAM.L achieves a 13.89% return, which is significantly higher than JNGLX's 8.41% return. Over the past 10 years, LTAM.L has underperformed JNGLX with an annualized return of 6.57%, while JNGLX has yielded a comparatively higher 11.26% annualized return.
LTAM.L
- 1D
- -0.83%
- 1M
- -0.51%
- 6M
- 7.65%
- YTD
- 13.89%
- 1Y
- 38.81%
- 3Y*
- 11.07%
- 5Y*
- 10.40%
- 10Y*
- 6.57%
JNGLX
- 1D
- -1.57%
- 1M
- 6.20%
- 6M
- 5.68%
- YTD
- 8.41%
- 1Y
- 38.33%
- 3Y*
- 12.57%
- 5Y*
- 9.25%
- 10Y*
- 11.26%
LTAM.L vs. JNGLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LTAM.L iShares MSCI EM Latin America UCITS ETF USD (Dist) | 13.89% | 43.14% | -25.65% | 26.15% | 20.89% | -8.55% | -14.15% | 9.44% | -0.19% | 11.17% |
JNGLX Janus Henderson Global Life Sciences Fund | 8.41% | 15.95% | 5.41% | 2.14% | 8.88% | 7.79% | 21.97% | 24.29% | 10.34% | 11.57% |
Correlation
The correlation between LTAM.L and JNGLX is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2007 | 0.25 |
The correlation between LTAM.L and JNGLX shifts across timeframes, from 0.09 (1 year) to 0.25 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
LTAM.L vs. JNGLX — Risk / Return Rank
LTAM.L
JNGLX
LTAM.L vs. JNGLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EM Latin America UCITS ETF USD (Dist) (LTAM.L) and Janus Henderson Global Life Sciences Fund (JNGLX). 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.
| LTAM.L | JNGLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.39 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.81 | 4.27 | -1.46 |
| Martin ratioReturn relative to average drawdown | 7.80 | 12.47 | -4.67 |
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Drawdowns
LTAM.L vs. JNGLX - Drawdown Comparison
The maximum LTAM.L drawdown since its inception was -77.98%, which is greater than JNGLX's maximum drawdown of -25.69%. Use the drawdown chart below to compare losses from any high point for LTAM.L and JNGLX.
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Drawdown Indicators
| LTAM.L | JNGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.98% | -25.69% | -52.29% |
Max Drawdown (1Y)Largest decline over 1 year | -13.73% | -8.58% | -5.15% |
Max Drawdown (3Y)Largest decline over 3 years | -26.09% | -21.29% | -4.80% |
Max Drawdown (5Y)Largest decline over 5 years | -26.09% | -21.29% | -4.80% |
Max Drawdown (10Y)Largest decline over 10 years | -48.10% | -21.29% | -26.81% |
Current DrawdownCurrent decline from peak | -17.83% | -4.33% | -13.50% |
Average DrawdownAverage peak-to-trough decline | -48.01% | -5.25% | -42.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 2.94% | +2.02% |
Volatility
LTAM.L vs. JNGLX - Volatility Comparison
The current volatility for iShares MSCI EM Latin America UCITS ETF USD (Dist) (LTAM.L) is 4.77%, while Janus Henderson Global Life Sciences Fund (JNGLX) has a volatility of 5.64%. This indicates that LTAM.L experiences smaller price fluctuations and is considered to be less risky than JNGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LTAM.L | JNGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 5.64% | -0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 14.89% | 11.83% | +3.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.30% | 15.52% | +2.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.50% | 15.43% | +5.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.82% | 17.65% | +7.17% |
LTAM.L vs. JNGLX - Expense Ratio Comparison
LTAM.L has a 0.20% expense ratio, which is lower than JNGLX's 0.80% expense ratio.
Dividends
LTAM.L vs. JNGLX - Dividend Comparison
LTAM.L's dividend yield for the trailing twelve months is around 3.44%, less than JNGLX's 4.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNGLX Janus Henderson Global Life Sciences Fund | 4.24% | 4.56% | 5.84% | 4.26% | 0.25% | 9.85% | 7.80% | 6.23% | 13.32% | 0.89% | 0.30% | 8.81% |
LTAM.L iShares MSCI EM Latin America UCITS ETF USD (Dist) | 3.44% | 3.61% | 5.69% | 4.33% | 6.86% | 3.17% | 1.82% | 2.38% | 2.10% | 1.52% | 1.32% | 2.89% |
Frequently Asked Questions
LTAM.L and JNGLX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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