ATLASJanus Henderson Small/Mid Cap Growth Alpha ETF (JSMD): outlook, holdings and fees
Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) is an exchange-traded fund and is managed by Janus Henderson. The expense ratio is 0.29% and the yield is 0.37%. The ten largest holdings are 17% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on JSMD
| Last price | $89.29 (+0.7%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $86.49 – $92.93 |
| Normal 1-day range (±1σ) | ±1.2% |
| Distribution yield | 0.37% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
JSMD fund facts
| Issuer | Janus Henderson |
|---|---|
| Theme | US mid caps |
| Assets under management | $1.0B |
| Expense ratio | 0.29% |
| Number of holdings | 50 |
| Portfolio turnover | 90% |
| Inception | Feb 23, 2016 |
| Exchange | NASDAQ |
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's managers consider small/mid cap companies to be those whose market capitalization falls within the 12-month range of the Russell 2500TM Growth Index.
JSMD top holdings
| Holding | Sector | Weight |
|---|---|---|
| CommVault Systems Inc CVLT | Technology | 1.94% |
| Ryman Hospitality Properties Inc RHP | Real Estate | 1.90% |
| Axa Equitable Holdings Inc EQH | Financial Services | 1.70% |
| Concentra Group Holdings Parent, Inc. CON | Healthcare | 1.75% |
| Medpace Holdings Inc MEDP | Healthcare | 1.78% |
| Qualys Inc QLYS | Technology | 1.77% |
| Sterling Infrastructure, Inc. STRL | Industrials | 1.53% |
| Halozyme Therapeutics Inc HALO | Healthcare | 1.57% |
| Exelixis Inc EXEL | Healthcare | 1.57% |
| Maplebear Inc. CART | Consumer Cyclical | 1.56% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
JSMD sector breakdown
| Sector | Weight |
|---|---|
| Technology | 25.8% |
| Healthcare | 24.4% |
| Industrials | 16.6% |
| Consumer Cyclicals | 11.6% |
| Financial Services | 8.4% |
| Communication Services | 3.5% |
| Basic Materials | 2.8% |
| Consumer Defensive | 2.5% |
| Real Estate | 2.4% |
| Energy | 2.1% |
By region: North America 98.7%, United Kingdom 1.3%.
JSMD returns and risk
| Year to date | +11.4% |
|---|---|
| 1 year | +14.0% |
| 3 years (annualised) | +16.7% |
| 5 years (annualised) | +7.1% |
| 10 years (annualised) | +12.2% |
| Volatility (3 years) | 18.7% |
| Sharpe ratio (3 years) | 0.60 |
Past returns do not guarantee future results.
JSMD: frequently asked questions
What does JSMD invest in?
Janus Henderson Small/Mid Cap Growth Alpha ETF invests in a portfolio of securities. Its largest holdings are CommVault Systems Inc (1.9%), Ryman Hospitality Properties Inc (1.9%), Axa Equitable Holdings Inc (1.7%), Concentra Group Holdings Parent, Inc. (1.8%), Medpace Holdings Inc (1.8%).
What is the JSMD expense ratio?
0.29% a year: about $29.00 for every $10,000 invested.
What is the JSMD dividend yield?
0.37%. ATLAS does not hold the exact distribution dates for ETFs.
Will JSMD go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $86.49 to $92.93 from $89.29 today. It is a probability, not a prediction.
How has JSMD performed?
Year to date +11.4%, one year +14.0%, three years +16.7% a year, five years +7.1% a year. Past returns do not guarantee future results.
Similar ETFs: US mid caps
- iShares Core S&P Mid-Cap ETF (IJH)
- Vanguard Mid-Cap Index Fund ETF Shares (VO)
- iShares Russell Mid-Cap ETF (IWR)
- Vanguard Morningstar Mid-Cap Value ETF (VOE)
- iShares Russell Mid-Cap Growth ETF (IWP)
- Vanguard Mid-Cap Growth ETF (VOT)
- State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD)
- iShares Russell Mid-Cap Value ETF (IWS)
Educational information, not investment advice. Disclaimer