PYZ vs. JAGLX
Compare and contrast key facts about Invesco DWA Basic Materials Momentum ETF (PYZ) and Janus Henderson Global Life Sciences Fund Class T (JAGLX).
PYZ is a passively managed fund by Invesco that tracks the performance of the Dynamic Basic Materials Sector Intellidex Index. It was launched on Oct 12, 2006. JAGLX is an actively managed fund by Janus Henderson. It was launched on Dec 31, 1998.
Performance
PYZ vs. JAGLX - Performance Comparison
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PYZ vs. JAGLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYZ Invesco DWA Basic Materials Momentum ETF | 10.78% | 28.01% | 2.54% | 9.56% | -15.45% | 32.68% | 15.39% | 20.66% | -24.33% | 20.01% |
JAGLX Janus Henderson Global Life Sciences Fund Class T | -3.75% | 24.72% | 8.50% | 7.41% | -2.79% | 6.66% | 25.52% | 29.12% | 4.05% | 22.13% |
Returns By Period
In the year-to-date period, PYZ achieves a 10.78% return, which is significantly higher than JAGLX's -3.75% return. Over the past 10 years, PYZ has underperformed JAGLX with an annualized return of 10.38%, while JAGLX has yielded a comparatively higher 11.55% annualized return.
PYZ
- 1D
- 1.73%
- 1M
- -8.37%
- YTD
- 10.78%
- 6M
- 15.52%
- 1Y
- 44.57%
- 3Y*
- 13.91%
- 5Y*
- 8.90%
- 10Y*
- 10.38%
JAGLX
- 1D
- 3.08%
- 1M
- -5.56%
- YTD
- -3.75%
- 6M
- 11.82%
- 1Y
- 21.58%
- 3Y*
- 12.33%
- 5Y*
- 8.24%
- 10Y*
- 11.55%
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PYZ vs. JAGLX - Expense Ratio Comparison
PYZ has a 0.60% expense ratio, which is lower than JAGLX's 0.92% expense ratio.
Return for Risk
PYZ vs. JAGLX — Risk / Return Rank
PYZ
JAGLX
PYZ vs. JAGLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Basic Materials Momentum ETF (PYZ) 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.
| PYZ | JAGLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.58 | 1.06 | +0.51 |
Sortino ratioReturn per unit of downside risk | 2.15 | 1.53 | +0.62 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.20 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 2.52 | 1.78 | +0.74 |
Martin ratioReturn relative to average drawdown | 8.17 | 4.92 | +3.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PYZ | JAGLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 1.06 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.53 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | 0.66 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.58 | -0.22 |
Correlation
The correlation between PYZ and JAGLX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
PYZ vs. JAGLX - Dividend Comparison
PYZ's dividend yield for the trailing twelve months is around 0.56%, less than JAGLX's 4.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PYZ Invesco DWA Basic Materials Momentum ETF | 0.56% | 0.72% | 1.13% | 1.19% | 1.18% | 0.33% | 1.04% | 1.38% | 1.20% | 0.53% | 1.07% | 1.25% |
JAGLX Janus Henderson Global Life Sciences Fund Class T | 4.70% | 4.53% | 10.98% | 4.22% | 0.14% | 9.78% | 7.75% | 6.17% | 13.38% | 0.89% | 1.13% | 9.09% |
Drawdowns
PYZ vs. JAGLX - Drawdown Comparison
The maximum PYZ drawdown since its inception was -65.15%, which is greater than JAGLX's maximum drawdown of -58.96%. Use the drawdown chart below to compare losses from any high point for PYZ and JAGLX.
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Drawdown Indicators
| PYZ | JAGLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.15% | -58.96% | -6.19% |
Max Drawdown (1Y)Largest decline over 1 year | -17.75% | -9.71% | -8.04% |
Max Drawdown (5Y)Largest decline over 5 years | -32.97% | -22.25% | -10.72% |
Max Drawdown (10Y)Largest decline over 10 years | -52.46% | -27.38% | -25.08% |
Current DrawdownCurrent decline from peak | -8.37% | -6.64% | -1.73% |
Average DrawdownAverage peak-to-trough decline | -12.71% | -17.51% | +4.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.48% | 3.63% | +1.85% |
Volatility
PYZ vs. JAGLX - Volatility Comparison
Invesco DWA Basic Materials Momentum ETF (PYZ) has a higher volatility of 10.76% compared to Janus Henderson Global Life Sciences Fund Class T (JAGLX) at 5.99%. This indicates that PYZ'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
| PYZ | JAGLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.76% | 5.99% | +4.77% |
Volatility (6M)Calculated over the trailing 6-month period | 22.03% | 10.63% | +11.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.40% | 17.86% | +10.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.96% | 15.76% | +10.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.38% | 17.45% | +8.93% |