Is Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) a Strong ETF Right Now?

Zacks09-19

Making its debut on 02/23/2016, smart beta exchange traded fund Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) provides investors broad exposure to the Style Box - Small Cap Growth category of ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) a Strong ETF Right Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-09-19 18:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/janus-henderson-small-mid-cap-102006490.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Making its debut on 02/23/2016, smart beta exchange traded fund Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) provides investors broad exposure to the Style Box - Small Cap Growth category of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/janus-henderson-small-mid-cap-102006490.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/janus-henderson-small-mid-cap-102006490.html","article_id":"2468573100","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/9naTdeJlVMX28sdlDpLdrQ--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ac90b3d74679f6d01a122aa033d8a9a4"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2468573100","pubTimestamp":1726741206,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Making its debut on 02/23/2016, smart beta exchange traded fund Janus Henderson Small/Mid Cap Growth Alpha ETF  provides investors broad exposure to the Style Box - Small Cap Growth category of the market.Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.Market cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns.However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta.Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance.The Janus Henderson Small/Mid Cap Growth Alpha Index selects small- and","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"骏利亨德森中小盘成长阿尔法ETF(JSMD)目前是一只强劲的ETF吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JSMD":1,"VBK":1,"NBIX":1,"IWO":1,"INCY":1,"HEI":1,"FDN":1,"JHG":0.9},"content_text":"Making its debut on 02/23/2016, smart beta exchange traded fund Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) provides investors broad exposure to the Style Box - Small Cap Growth category of the market.\nWhat Are Smart Beta ETFs?\nMarket cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy.\nMarket cap weighted indexes work great for investors who believe in market efficiency. They provide a low-cost, convenient and transparent way of replicating market returns.\nHowever, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta.\nBased on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance.\nWhile this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results.\nFund Sponsor & Index\nBecause the fund has amassed over $378.48 million, this makes it one of the average sized ETFs in the Style Box - Small Cap Growth. JSMD is managed by Janus Henderson. This particular fund, before fees and expenses, seeks to match the performance of the Janus Small/Mid Cap Growth Alpha Index.\nThe Janus Henderson Small/Mid Cap Growth Alpha Index selects small- and medium-sized capitalization stocks that are poised for smart growth by evaluating each company performance in three critical areas: growth, profitability, and capital efficiency.\nCost & Other Expenses\nFor ETF investors, expense ratios are an important factor when considering a fund's return; in the long-term, cheaper funds actually have the ability to outperform their more expensive cousins if all other things remain the same.\nOperating expenses on an annual basis are 0.30% for JSMD, making it on par with most peer products in the space.\nIt's 12-month trailing dividend yield comes in at 0.41%.\nSector Exposure and Top Holdings\nEven though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis.\nFor JSMD, it has heaviest allocation in the Healthcare sector --about 25.70% of the portfolio --while Industrials and Information Technology round out the top three.\nWhen you look at individual holdings, Neurocrine Biosciences Inc. (NBIX) accounts for about 3.07% of the fund's total assets, followed by Incyte Corporation (INCY) and Heico Corporation (HEI).\nIts top 10 holdings account for approximately 25.28% of JSMD's total assets under management.\nPerformance and Risk\nThe ETF has gained about 9.39% and is up about 21.55% so far this year and in the past one year (as of 09/19/2024), respectively. JSMD has traded between $54.25 and $71.94 during this last 52-week period.\nJSMD has a beta of 1.12 and standard deviation of 23.51% for the trailing three-year period. With about 254 holdings, it effectively diversifies company-specific risk.\nAlternatives\nJanus Henderson Small/Mid Cap Growth Alpha ETF is a reasonable option for investors seeking to outperform the Style Box - Small Cap Growth segment of the market. However, there are other ETFs in the space which investors could consider.\nIShares Russell 2000 Growth ETF (IWO) tracks Russell 2000 Growth Index and the Vanguard Small-Cap Growth ETF (VBK) tracks CRSP U.S. Small Cap Growth Index. IShares Russell 2000 Growth ETF has $11.68 billion in assets, Vanguard Small-Cap Growth ETF has $17.75 billion. IWO has an expense ratio of 0.24% and VBK charges 0.07%.\nInvestors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Small Cap Growth.\nBottom Line\nTo learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nJanus Henderson Small/Mid Cap Growth Alpha ETF (JSMD): ETF Research Reports\nIncyte Corporation (INCY) : Free Stock Analysis Report\nNeurocrine Biosciences, Inc. (NBIX) : Free Stock Analysis Report\nHeico Corporation (HEI) : Free Stock Analysis Report\niShares Russell 2000 Growth ETF (IWO): ETF Research Reports\nVanguard Small-Cap Growth ETF (VBK): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2468573100"}