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About Janus Henderson Small Cap Growth Alpha ETF
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Inception date
Feb 25, 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
US47103U1007
JSML seeks to provide long-term growth of capital by investing in small-cap companies perceived to have a satisfactory growth potential. It selects equities of small-cap 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. JSML 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 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
Health Technology
Stocks99.99%
Finance16.16%
Technology Services13.83%
Health Technology13.64%
Industrial Services9.36%
Commercial Services9.34%
Electronic Technology7.35%
Consumer Durables6.71%
Producer Manufacturing6.57%
Consumer Services3.32%
Retail Trade2.99%
Non-Energy Minerals2.65%
Process Industries2.53%
Health Services2.30%
Transportation1.82%
Consumer Non-Durables1.12%
Communications0.30%
Bonds, Cash & Other0.01%
Cash0.01%
Stock breakdown by region
North America98.90%
Europe1.10%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JSML invests in stocks. The fund's major sectors are Finance, with 16.16% stocks, and Technology Services, with 13.83% of the basket. The assets are mostly located in the North America region.
JSML top holdings are Sterling Infrastructure, Inc. and Primoris Services Corporation, occupying 2.73% and 2.53% of the portfolio correspondingly.
JSML last dividends amounted to 0.21 USD. The quarter before, the issuer paid 0.27 USD in dividends, which shows a 29.60% decrease.
JSML assets under management is 225.48 M USD. It's risen 13.27% over the last month.
JSML fund flows account for −20.19 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, JSML pays dividends to its holders with the dividend yield of 1.50%. The last dividend (Jul 7, 2025) amounted to 0.21 USD. The dividends are paid quarterly.
JSML shares are issued by Janus Henderson Group Plc under the brand Janus Henderson. The ETF was launched on Feb 25, 2016, and its management style is Active.
JSML expense ratio is 0.30% meaning you'd have to pay 0.30% of your investment to help manage the fund.
JSML follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JSML invests in stocks.
JSML price has risen by 9.53% over the last month, and its yearly performance shows a 16.33% increase. See more dynamics on JSML price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 8.60% over the last month, showed a 16.94% increase in three-month performance and has increased by 21.23% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 8.60% over the last month, showed a 16.94% increase in three-month performance and has increased by 21.23% in a year.
JSML trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.