JSMD Performance — Janus Henderson Small/Mid Cap Growth Alpha ETF
Data updated: 2026-09-25
JSMD returned +14.00% year to date and +17.60% over one year to Jul 2026. Annualised returns are +13.14% over 3 years and +7.02% over 5 years. Against its US Small Growth category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $145, against $142 for the category, and to $118 over one year, against $123. Volatility over the past three years was 19.99% a year. In the 12 months to Jul 2026 the fund took in a net $364.6M, and assets reached $1.05B.
JSMD Growth of $100
What $100 invested in Janus Henderson Small/Mid Cap Growth Alpha ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Growth category average over the same months.
| Period | JSMD | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $118 | $123 |
| 3 years (Aug 2023 – Jul 2026) | $145 | $142 |
| 5 years (Aug 2021 – Jul 2026) | $140 | $121 |
| Since data start (Aug 2019 – Jul 2026) | $210 | $189 |
JSMD Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.00% |
| 1 year | +17.60% |
| 3 years (annualised) | +13.14% |
| 5 years (annualised) | +7.02% |
JSMD Annual Returns
Calendar-year total returns of Janus Henderson Small/Mid Cap Growth Alpha ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +14.00% |
| 2025 | +9.13% |
| 2024 | +15.13% |
| 2023 | +26.88% |
| 2022 | −23.00% |
| 2021 | +8.57% |
| 2020 | +30.98% |
| 2019 (Aug–Dec) | +5.57% |
JSMD Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.2% | +0.5% | −7.0% | +12.3% | +7.4% | +5.9% | −8.4% | — | — | — | — | — |
| 2025 | +3.5% | −6.5% | −3.6% | −1.0% | +7.0% | +5.1% | +1.9% | +4.4% | +1.3% | +0.3% | −0.6% | −2.1% |
| 2024 | −2.2% | +5.9% | +3.0% | −6.2% | +2.4% | −0.8% | +7.3% | −0.4% | +2.1% | −0.9% | +13.5% | −7.6% |
| 2023 | +11.3% | −1.7% | −1.4% | −0.4% | +1.6% | +9.8% | +4.6% | −4.9% | −5.5% | −6.2% | +8.2% | +10.8% |
| 2022 | −10.6% | 0.0% | +0.3% | −9.5% | +0.3% | −7.6% | +12.1% | −5.7% | −9.2% | +8.2% | +5.1% | −6.3% |
| 2021 | +3.2% | +1.2% | +2.4% | +1.9% | −1.2% | 0.0% | +0.4% | +1.5% | −5.8% | +4.6% | −3.0% | +3.4% |
| 2020 | −0.3% | −7.8% | −19.4% | +16.6% | +10.7% | +4.2% | +7.3% | +2.5% | −1.7% | +1.4% | +11.7% | +7.4% |
| 2019 | — | — | — | — | — | — | — | −3.9% | 0.0% | +0.9% | +7.0% | +1.8% |
JSMD Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 19.99%
- 3-year Sharpe ratio: 0.43 (vs 4.5% risk-free rate)
- Best month: +13.45% (Nov 2024)
- Worst month: −8.39% (Jul 2026)
JSMD Fund Flows
Monthly money in and out of Janus Henderson Small/Mid Cap Growth Alpha ETF, from SEC Form N-PORT.
- 12-month net flow: $364.6M
- 12-month gross sales (incl. reinvestments): $678.7M
- Sales ÷ redemptions: 2.16×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $166.6M | $144.8M | $21.7M |
| Jun 2026 | $19.4M | $0 | $19.4M |
| May 2026 | $16.1M | $20.7M | −$4.6M |
| Apr 2026 | $63.3M | $0 | $63.3M |
| Mar 2026 | $40.9M | $21.5M | $19.4M |
| Feb 2026 | $25.6M | $0 | $25.6M |
| Jan 2026 | $51.2M | $8.7M | $42.5M |
| Dec 2025 | $35.6M | $0 | $35.6M |
| Nov 2025 | $14.3M | $24.4M | −$10.0M |
| Oct 2025 | $33.2M | $6.2M | $27.0M |
| Sep 2025 | $152.3M | $81.9M | $70.4M |
| Aug 2025 | $60.3M | $5.9M | $54.4M |
JSMD Assets Under Management
Net assets of Janus Henderson Small/Mid Cap Growth Alpha ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.05B |
| 2026-04-30 | $979.54M |
| 2026-01-31 | $827.72M |
| 2025-10-31 | $750.24M |
| 2025-07-31 | $564.47M |
| 2025-04-30 | $446.47M |
| 2025-01-31 | $460.50M |
| 2024-10-31 | $383.30M |
| 2024-07-31 | $377.06M |
| 2024-04-30 | $341.63M |
| 2024-01-31 | $313.38M |
| 2023-10-31 | $245.83M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.