Janus Henderson Small/Mid Cap Growth Alpha ETF
JSMD
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 151 Detroit Street Denver CO United States of America 80206
- IPO Date
- Feb 25, 2016
- CIK
- 0001500604
- Website
- janushenderson.com
- Similar Companies
- Business
- Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) is an exchange-traded fund that seeks long-term growth of capital by investing in a portfolio of small- and mid-cap growth stocks selected through a systematic process based on proprietary fundamental factors, including growth, profitability, and capital efficiency; it employs portfolio optimization for explicit risk management, targeting alpha generation while monitoring tracking error and exposures. The ETF tracks the Janus Small/Mid Cap Growth Alpha Index, with holdings typically numbering around 107-117 securities drawn from U.S. equity markets, focusing on companies exhibiting strong fundamentals for sustainable growth; top holdings have included names like Infrastructure and Energy Alternatives Inc., SoFi Technologies Inc., and Primoris Services Corp., collectively representing a significant portion of assets under management, which stood at approximately $723 million as of late 2025. Launched on February 23, 2016, and domiciled in the United States, JSMD operates primarily in North American developed markets, serving investors targeting the small growth category with a net expense ratio of 0.30% and quarterly dividend distributions. In a major strategic shift announced in March 2025 and effective mid-May 2025, the ETF transitioned from a passive index-tracking approach to an actively managed strategy, enhancing flexibility in security selection, weightings, and rebalancing to better produce alpha while aligning with the process of the Janus Henderson Mid Cap Growth Alpha ETF (JMID); this change, managed by portfolio managers Benjamin Wang and Zoey Zhu, maintains unchanged fees and Morningstar categories amid Janus Henderson's expansion to 14 active ETFs. Janus Henderson Investors, the ETF's adviser headquartered in Denver, Colorado, stems from the 2017 merger of Janus Capital (founded 1969) and Henderson Group (roots in 1934), and has pursued global growth through initiatives like the 2024 acquisition of European ETF provider Tabula Investment Management, bolstering its active ETF offerings across fixed income and equity segments worldwide.