Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Janus Henderson Small/Mid Cap Growth Alpha ETF

JSMD | Active ETF

$95.15

$980 M

0.33%

$0.31

0.30%

Vitals

YTD Return

16.8%

1 yr return

28.5%

3 Yr Avg Return

18.2%

5 Yr Avg Return

7.7%

Net Assets

$980 M

Holdings in Top 10

18.5%

52 WEEK LOW AND HIGH

$95.6
$74.23
$95.67

Expenses

OPERATING FEES

Expense Ratio 0.30%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 102.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Janus Henderson Small/Mid Cap Growth Alpha ETF

JSMD | Active ETF

$95.15

$980 M

0.33%

$0.31

0.30%

JSMD - Profile

Distributions

  • YTD Total Return 16.8%
  • 3 Yr Annualized Total Return 18.2%
  • 5 Yr Annualized Total Return 7.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.33%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Janus Henderson Small/Mid Cap Growth Alpha ETF
  • Fund Family Name
    Janus Henderson Funds
  • Inception Date
    Feb 23, 2016
  • Shares Outstanding
    3027000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Scott Weiner

Fund Description

p id="xdx_A8__eoef--StrategyNarrativeTextBlock_zWbKm1FOObGf" style="font: 11pt Times New Roman, Times, Serif; text-align: left; margin-left: 0pt; text-indent: 0pt; margin-bottom: 0pt; margin-top: 0pt"span style="-sec-ix-redline: true"The Fund will, under normal circumstances, invest at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of small- and mid-sized capitalization (“small/mid cap”) companies selected for their growth potential. For purposes of the 80% policy, the Fund considers small/mid cap companies to be those whose market capitalization falls within the 12-month range of the Russell 2500supTM/sup Growth Index. The market capitalizations within the index will vary, but as of October 31, 2025, the market capitalization range of the Russell 2500supTM/sup Growth Index was between $4 million and $35.25 billion. /span/p p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center" /p p style="font: 11pt Times New Roman, Times, Serif; text-align: left; margin-left: 0pt; text-indent: 0pt; margin-bottom: 0pt; margin-top: 0pt"The Fund uses an active, systematic strategy designed to select equity securities of small/mid cap growth companies using a proprietary quantitative methodology. The Fund seeks to generate alpha and maximize expected excess returns by utilizing a set of proprietary factors or signals based on fundamental research. Alpha is a measure of how much the Fund outperforms relative to its performance benchmark index. The Fund utilizes portfolio optimization techniques to manage risk by maintaining characteristics that are similar to those of the performance benchmark index and to evaluate security combinations and weightings in an effort to construct the portfolio given the Fund’s performance benchmark index and target risk objective. /p p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center" /p p style="font: 11pt Times New Roman, Times, Serif; text-align: left; margin-left: 0pt; text-indent: 0pt; margin-bottom: 0pt; margin-top: 0pt"span style="-sec-ix-redline: true"The Fund is “actively-managed” and, thus, does not seek to replicate the performance of a specified index. Accordingly, portfolio management has discretion on a daily basis to manage the Fund’s portfolio in accordance with the Fund’s investment objective. /span/p p style="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center" /p p style="font: 11pt Times New Roman, Times, Serif; text-align: left; margin-left: 0pt; text-indent: 0pt; margin-bottom: 0pt; margin-top: 0pt"The Fund may seek to earn additional income through lending its securities to certain qualified broker-dealers and institutions on a short-term or long-term basis, in an amount equal to up to one-third of its total assets as determined at the time of the loan origination. /p
Read More

JSMD - Performance

Return Ranking - Trailing

Period JSMD Return Category Return Low Category Return High Rank in Category (%)
YTD 16.8% -12.4% 52.4% 12.24%
1 Yr 28.5% -20.3% 94.5% 21.52%
3 Yr 18.2%* -4.9% 35.5% 26.27%
5 Yr 7.7%* -6.1% 33.5% 16.85%
10 Yr 13.3%* 3.6% 51.6% 19.57%

* Annualized

Return Ranking - Calendar

Period JSMD Return Category Return Low Category Return High Rank in Category (%)
2025 8.6% -46.8% 36.1% 14.98%
2024 14.2% -16.5% 83.2% 32.91%
2023 26.2% -27.7% 68.0% 12.92%
2022 -23.2% -85.6% 52.8% 11.73%
2021 8.1% -74.9% 238.3% 25.43%

Total Return Ranking - Trailing

Period JSMD Return Category Return Low Category Return High Rank in Category (%)
YTD 16.8% -12.4% 52.4% 12.24%
1 Yr 28.5% -20.3% 94.5% 21.52%
3 Yr 18.2%* -4.9% 35.5% 26.27%
5 Yr 7.7%* -6.1% 33.5% 16.85%
10 Yr 13.3%* 3.6% 51.6% 19.57%

* Annualized

Total Return Ranking - Calendar

Period JSMD Return Category Return Low Category Return High Rank in Category (%)
2025 9.2% -20.1% 39.3% 30.59%
2024 15.1% -2.3% 88.8% 48.73%
2023 26.8% -26.1% 68.0% 13.35%
2022 -22.8% -67.0% 56.8% 20.26%
2021 8.4% -23.5% 342.2% 74.57%

JSMD - Holdings

Concentration Analysis

JSMD Category Low Category High JSMD % Rank
Net Assets 980 M 4.86 M 89.9 B 50.00%
Number of Holdings 123 17 3393 16.03%
Net Assets in Top 10 154 M 653 K 13.6 B 66.67%
Weighting of Top 10 18.55% 5.7% 97.9% 89.24%

Top 10 Holdings

  1. Comfort Systems USA, Inc. 3.37%
  2. Medpace Holdings, Inc. 2.09%
  3. Somnigroup International, Inc. 2.00%
  4. Onto Innovation, Inc. 1.86%
  5. Enova International, Inc. 1.63%
  6. Ryman Hospitality Properties, Inc. 1.62%
  7. Jabil, Inc. 1.55%
  8. InterDigital, Inc. 1.51%
  9. Rocket Lab Corp. 1.47%
  10. Workiva, Inc., Class A 1.45%

Asset Allocation

Weighting Return Low Return High JSMD % Rank
Stocks 		99.97% 49.15% 114.03% 8.23%
Cash 		0.50% 0.00% 50.67% 70.04%
Preferred Stocks 		0.00% 0.00% 15.48% 99.79%
Other 		0.00% -0.18% 14.15% 96.84%
Convertible Bonds 		0.00% 0.00% 0.05% 99.79%
Bonds 		0.00% 0.00% 2.74% 99.79%

Stock Sector Breakdown

Weighting Return Low Return High JSMD % Rank
Technology 		27.23% 0.04% 62.17% 67.30%
Healthcare 		23.13% 0.00% 37.06% 12.66%
Industrials 		14.33% 0.00% 38.23% 55.70%
Consumer Cyclical 		11.30% 0.00% 57.41% 72.15%
Basic Materials 		7.86% 0.00% 17.25% 4.85%
Financial Services 		7.69% 0.00% 43.01% 44.94%
Consumer Defense 		4.92% 0.00% 16.40% 13.29%
Communication Services 		2.05% 0.00% 16.67% 62.03%
Real Estate 		0.79% 0.00% 19.28% 77.64%
Utilities 		0.70% 0.00% 12.94% 19.41%
Energy 		0.00% 0.00% 62.10% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High JSMD % Rank
US 		99.97% 46.79% 114.03% 7.81%
Non US 		0.00% 0.00% 33.97% 99.79%

JSMD - Expenses

Operational Fees

JSMD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.30% 0.01% 6.54% 95.15%
Management Fee 0.30% 0.00% 1.50% 6.12%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

JSMD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JSMD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JSMD Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 102.00% 0.00% 250.31% 90.95%

JSMD - Distributions

Dividend Yield Analysis

JSMD Category Low Category High JSMD % Rank
Dividend Yield 0.33% 0.00% 33.43% 13.50%

Dividend Distribution Analysis

JSMD Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual SemiAnnual Annual

Net Income Ratio Analysis

JSMD Category Low Category High JSMD % Rank
Net Income Ratio 0.33% -2.24% 2.75% 9.79%

Capital Gain Distribution Analysis

JSMD Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

View More +

JSMD - Fund Manager Analysis

Managers

Scott Weiner

Start Date

Tenure

Tenure Rank

Feb 23, 2016

6.27

6.3%

Scott M. Weiner, DPhil, . He is a is Co-Portfolio Manager and Portfolio Manager. Mr. Weiner joined Janus Capital in November 2014 following Janus Capital’s acquisition of VelocityShares, LLC. Prior to joining Janus Capital, Mr. Weiner was Managing Director at VelocityShares, LLC from 2011 to 2014, and Managing Director and U.S. Head of Equity Derivatives and Quantitative Strategy at Deutsche Bank from 2005 to 2010. He holds a Finance degree from the Wharton School of the University of Pennsylvania, a Master’s degree in Economics from the University of Oxford, and also received his Doctorate in Economics from the University of Oxford.

Benjamin Wang

Start Date

Tenure

Tenure Rank

Feb 23, 2016

6.27

6.3%

Benjamin Wang, CFA, joined Janus Capital in November 2014 following Janus Capital’s acquisition of VelocityShares, LLC. Prior to joining Janus Capital, Mr. Wang was Vice President at VelocityShares, LLC from 2012 to 2014, and an execution trader at Goldman Sachs Asset Management from 2007 to 2011. He holds a Bachelor of Science degree and a Master of Engineering in Computer Science from the Massachusetts Institute of Technology, and a Master of Science degree in Financial Engineering from Columbia University. Mr. Wang holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.62 11.76

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.