A Daily Network publication
Explore the network
ETF Daily
The Definitive Daily Read on Exchange-Traded Funds
Sunday, August 23, 2026The Morning Brief →Sign in
JSMDJANUS HENDERSON SMALL/MID CAP GROWTH ALPHA ETF

JANUS HENDERSON SMALL/MID CAP GROWTH ALPHA ETF

$95.06+0.68% today
7610152-WK
Price & daily flows
95.788.481.195.06DAILY NET FLOWAug 22Dec 19Apr 21Aug 21

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN

The desk’s read

Flows are quiet — the past month netted out near zero, while the price has returned +15.3% so far this year.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$373Massets under management
expense ratio
net flow, trailing month
58Kavg daily volume, 30 days
255holdings · US-domiciled
2024listed February 10, 2024 · beta 1.48
Sector weights
Technology23.78%
Healthcare23.37%
Information Technology21.38%
Industrials19.6%
Commercial Services13.22%
Consumer Discretionary12.82%
Electronic Technology11.14%
Financials10.61%
Finance10.39%
Health Technology9.94%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
United States99.88%
Cayman Islands1.92%
Ireland0.24%
Colombia0.23%
United Kingdom0.09%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-2.7%
1 month-0.7%
3 months+2.0%
6 months+10.7%
YTD+15.3%
1 year+15.5%
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week
1 month
3 months
YTD
1 year

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

The risk read
22%realized volatility, 30 days (annualized)
22%realized volatility, 1 year
-14.9%deepest fall from a peak, 1 year
-6.1%where it sits vs. that peak today

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
calls today
puts today
put/call ratio
33Kshares traded
The case against JSMD

Due diligence cuts both ways. These funds sit on the same shelf and beat JSMD on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M344× the assets · +$547M in over the monthHead-to-head
IVW iShares S&P 500 Growth ETF0.18%$77.4B+$322M207× the assets · +$322M in over the monthHead-to-head
IVE iShares S&P 500 Value ETF0.18%$50.4B+$51M135× the assets · +$51M in over the monthHead-to-head
QUAL iShares MSCI USA Quality Factor ETF0.15%$47.9B+$574M128× the assets · +$574M in over the monthHead-to-head
IUSG iShares Core S&P U.S. Growth ETF0.04%$33.8B+$668M91× the assets · +$668M in over the monthHead-to-head
Sign in to save this to The RecordA timestamped copy for the file — documentation, not advice.
InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
Every weekday · 6:30 a.m. ET

The Morning Brief

The private wealth industry in four minutes, every weekday at 6:30 a.m. ET. Free.