Key stats
About Janus Henderson Small/Mid Cap Growth Alpha ETF
Home page
Inception date
Feb 23, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Janus Henderson Investors US LLC
Distributor
ALPS Distributors, Inc.
ISIN
US47103U2096
JSMD seeks to provide long-term growth of capital by investing in small- and midcap companies perceived to have a satisfactory growth potential. It selects equities of small- to midcap growth companies using a proprietary quantitative methodology. The fund uses factors based on fundamental research to generate alpha and maximize excess returns. To manage risk, the adviser utilizes portfolio optimization techniques to maintain characteristics and constituents weightings similar to its benchmark index. JSMD is considered concentrated and may lend securities to earn additional income. Prior to May 12, 2025, the fund was passively managed and tracked the Janus Henderson Small/Mid Cap Growth Alpha Index.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks99.93%
Finance17.99%
Technology Services13.58%
Commercial Services9.41%
Industrial Services9.34%
Electronic Technology9.27%
Health Technology8.64%
Consumer Durables6.95%
Producer Manufacturing6.33%
Consumer Services5.47%
Retail Trade3.69%
Process Industries2.79%
Consumer Non-Durables2.02%
Non-Energy Minerals1.92%
Transportation1.76%
Health Services0.79%
Bonds, Cash & Other0.07%
Cash0.07%
Stock breakdown by region
North America98.77%
Europe0.98%
Middle East0.24%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JSMD invests in stocks. The fund's major sectors are Finance, with 17.99% stocks, and Technology Services, with 13.58% of the basket. The assets are mostly located in the North America region.
JSMD top holdings are Medpace Holdings, Inc. and Halozyme Therapeutics, Inc., occupying 2.54% and 2.35% of the portfolio correspondingly.
JSMD last dividends amounted to 0.12 USD. The quarter before, the issuer paid 0.13 USD in dividends, which shows a 3.29% decrease.
JSMD assets under management is 718.32 M USD. It's risen 11.44% over the last month.
JSMD fund flows account for 258.49 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, JSMD pays dividends to its holders with the dividend yield of 0.75%. The last dividend (Oct 6, 2025) amounted to 0.12 USD. The dividends are paid quarterly.
JSMD shares are issued by Janus Henderson Group Plc under the brand Janus Henderson. The ETF was launched on Feb 23, 2016, and its management style is Active.
JSMD expense ratio is 0.30% meaning you'd have to pay 0.30% of your investment to help manage the fund.
JSMD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JSMD invests in stocks.
JSMD price has risen by 0.93% over the last month, and its yearly performance shows a 16.00% increase. See more dynamics on JSMD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.98% over the last month, showed a 8.51% increase in three-month performance and has increased by 17.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.98% over the last month, showed a 8.51% increase in three-month performance and has increased by 17.38% in a year.
JSMD trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.