Janus Henderson Mid Cap Growth Alpha ETF
$32.330.00 (+0.01%)
- 0.30%
- $24M
- +11.6%
- 0.51%
- 0M sh
- $32.71
- low $27.25high $33.06
The ETF.net JMID Grade
Score 59 out of 100
- 14 of 48
Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A91 out of 100Rank 5 of 48Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F23 out of 100Rank 41 of 44Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 30 of 48Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C46 out of 100Rank 33 of 48Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C49 out of 100Rank 26 of 48
Our read on JMID
BMid-cap growth run by model, not by gut: Janus Henderson's proprietary factor process picks roughly 80 names against the Russell Midcap Growth Index, priced well under what the typical active US stock ETF charges.
JMID seeks long-term growth of capital. It is an actively managed mid-cap growth ETF using a systematic, proprietary-factor process that combines quantitative and fundamental methods to pursue alpha and manage risk.
Why people hold it
- 0.30% a year, against a 0.65% median for active US equity ETFs. Genuine security selection at close to index-fund pricing.
- A systematic, proprietary-factor process blends quantitative and fundamental inputs to pursue alpha and manage risk, so the portfolio rests on a repeatable method rather than one manager's convictions.janushenderson.com
- Roughly 80 mid-cap holdings measured against the Russell Midcap Growth Index: concentrated enough to look different from the benchmark, spread out enough that one stumble isn't fatal.janushenderson.com
- Pays quarterly, and on cost and portfolio construction it stands among the stronger builds in the active US equity group we cover.
Worth knowing
- Launched in 2024 and still small, with light daily volume. Spreads can widen, which is worth knowing before you place an order.
- The short history means less evidence on how the model handles a full market cycle than older active funds can show.
- Not the cheapest door to this style: FEMG is benchmarked to the same Russell Midcap Growth Index at 0.23%.
JMID Holdings
- Stocks
- 94
- 27%
- MPC
Sectors
- Technology36.0%
- Industrials17.0%
- Consumer Discretionary14.4%
- Health Care12.2%
- Financials5.5%
- Energy4.7%
- Communication2.9%
- Utilities2.9%
- Materials2.2%
- Consumer Staples2.0%
- Real Estate0.4%
Geography
- United States97.04%
- Cayman Islands2.40%
- United Kingdom0.56%
JMID Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | JMID |
|---|---|
| Year to date | +11.4% |
| 1 month | +3.4% |
| 3 months | +3.4% |
| 1 year | +11.6% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JMID |
|---|---|---|
| 2026 YTD | +11.4% | |
| 2025 | +5.6% | |
| 2024 | +11.4% |
JMID in the news
JMID Dividends
- 0.51%
- $0.16
- $0.02 per share
- Quarterly
Distribution history
JMID Risk
- 17.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.45
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.16
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JMID Cost
- The middle half of US Active Small/Mid-Cap funds
- Median 0.59%
4 of the 47 US Active Small/Mid-Cap funds charge less.
Other funds in US Active Small/Mid-Cap
- BBRSMMFS Blended Research Small-Mid Cap ETFExpense ratio 0.38%1 year return —
- BTMSLT. Rowe Price Small-Mid Cap ETFExpense ratio 0.55%1 year return +21.1%
- BSMIGBahl & Gaynor Small/Mid Cap Income Growth ETFExpense ratio 0.60%1 year return +11.7%
- BABCSAlpha Blue Capital US Small-Mid Cap Dynamic ETFExpense ratio 0.42%1 year return +18.6%
- CAFMCFirst Trust Active Factor Mid Cap ETFExpense ratio 0.68%1 year return +23.7%