JSMD

Janus Detroit Street Trust Janus Henderson Small/Mid Cap Growth Alpha ETF

$81.42
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Janus Detroit Street Trust Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) seeks to provide long-term capital appreciation by investing primarily in a portfolio of small- and mid-capitalization growth stocks.

Overview

ETF tracking Janus Detroit Street Trust Janus Henderson Small/Mid Cap Growth Alpha ETF

Category Mid Cap
Issuer Other
Inception Date 2016-02-24
Market Cap $674.1M
Average Volume N/A
Dividend Yield 0.88%
52-Week Range $62.52 - $86.87
VWAP $81.44

Performance

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Investment Summary

📎 Investment Objective

The Janus Detroit Street Trust Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) seeks to provide long-term capital appreciation by investing primarily in a portfolio of small- and mid-capitalization growth stocks.

🎯 Investment Strategy

The fund's investment strategy involves using a combination of fundamental and quantitative research to identify small- and mid-cap companies that the portfolio managers believe have strong growth potential. The fund aims to outperform its benchmark, the Russell 2500 Growth Index, through active stock selection and portfolio management.

✨ Key Features

  • Focuses on small- and mid-cap growth stocks, which may offer the potential for higher returns but also carry higher risk
  • Actively managed portfolio aiming to outperform the benchmark index
  • Diversified across multiple sectors and industries
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Increased volatility and risk compared to broader market indexes due to the small- and mid-cap focus
  • Potential for underperformance relative to the benchmark index if the fund's stock selection and portfolio management decisions are not successful
  • Liquidity risk, as smaller companies may have less trading volume and be more difficult to buy or sell
  • Sector concentration risk, as the fund may have significant exposure to certain sectors

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon and a higher risk tolerance who are seeking exposure to the growth potential of small- and mid-cap companies. It may be appropriate as a core or satellite holding in a diversified portfolio.