Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD)

Overview

The Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) seeks long-term growth of capital by investing in a diversified portfolio of small- and mid-capitalization U.S. companies that Janus Henderson believes exhibit strong growth potential.

Reputation and Reliability

Janus Henderson is a well-established global asset manager with a long history of providing investment solutions.

Management Expertise

Janus Henderson has a dedicated team of investment professionals with expertise in small- and mid-cap growth investing.

Goal

To achieve long-term capital growth.

Investment Approach and Strategy

Strategy: The ETF employs an active management approach, selecting stocks based on fundamental analysis and growth potential rather than tracking a specific index.

Composition The ETF primarily holds common stocks of small- and mid-capitalization U.S. companies.

Market Share: JSMD's market share is relatively small compared to larger, more established growth ETFs.

Total Net Assets (AUM): 678200000

Key Competitors

• IWO
• IWP
• VBK
• SCHA

Competitive Landscape

The small/mid-cap growth ETF market is highly competitive, with many established ETFs offering similar investment strategies. JSMD differentiates itself through its active management approach, which may lead to outperformance or underperformance compared to passively managed peers. Advantages include stock picking ability; a disadvantage includes higher fees than passive options.

Historical Performance: Historical performance data is available from Janus Henderson and financial data providers.

Benchmark Comparison: The ETF's performance should be compared against a relevant small- and mid-cap growth index, such as the Russell 2500 Growth Index.

Expense Ratio: 0.5

Average Trading Volume

The average trading volume of JSMD can be found on major financial data providers.

Bid-Ask Spread

The bid-ask spread for JSMD can be observed in real-time during market hours.

Market Environment Factors

Economic growth, interest rate changes, and sector-specific trends can significantly impact the performance of small- and mid-cap growth stocks, thereby affecting JSMD's returns.

Growth Trajectory

JSMD's growth trajectory depends on its ability to select high-growth companies and navigate market fluctuations effectively. Changes to strategy and holdings are disclosed periodically in fund filings.

Competitive Edge

JSMD's competitive advantage lies in its active management and stock selection process, seeking to identify companies with superior growth potential. The investment team conducts in-depth fundamental research to select companies with strong growth prospects. Active management offers the potential to outperform passive indices but also entails higher fees. If the stock selection is accurate, it will lead to an increase in investor return.

Volatility

Small- and mid-cap stocks are generally more volatile than large-cap stocks, implying JSMD may experience greater price fluctuations.

Market Risk

JSMD is exposed to market risk, sector concentration risk, and the risk that its stock selections may underperform the market.

Ideal Investor Profile

The ideal investor is seeking long-term capital appreciation and is comfortable with the higher volatility associated with small- and mid-cap stocks.

Market Risk

JSMD is best suited for long-term investors with a growth-oriented investment objective and a tolerance for moderate to high risk.

Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) is an actively managed ETF focused on long-term capital growth through investments in small- and mid-cap U.S. companies. It aims to outperform its benchmark by selecting stocks with strong growth potential but has a higher expense ratio compared to passive ETFs. Investors should be aware of the increased volatility associated with small- and mid-cap stocks and assess if it aligns with their overall investment objectives and risk tolerance. JSMD is suitable for those seeking growth and are willing to accept risk for better possible returns. Janus Henderson's experience is another key factor in choosing JSMD.

Data Sources:

• Janus Henderson Website
• ETF.com
• Morningstar
• Bloomberg

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Market data is subject to change. Consult with a financial advisor before making any investment decisions.