JSML Performance — Janus Henderson Small Cap Growth Alpha ETF
Data updated: 2026-09-25
JSML returned +18.83% year to date and +28.06% over one year to Jul 2026. Annualised returns are +14.81% over 3 years and +6.07% over 5 years. The fund beat its US Small Growth category average: $100 invested three years ago grew to $151, against $142 for the category, and to $128 over one year, against $123. Volatility over the past three years was 23.07% a year. In the 12 months to Jul 2026 the fund took in a net $113.3M, and assets reached $362.69M.
JSML Growth of $100
What $100 invested in Janus Henderson Small 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 | JSML | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $128 | $123 |
| 3 years (Aug 2023 – Jul 2026) | $151 | $142 |
| 5 years (Aug 2021 – Jul 2026) | $134 | $121 |
| Since data start (Aug 2019 – Jul 2026) | $209 | $189 |
JSML Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +18.83% |
| 1 year | +28.06% |
| 3 years (annualised) | +14.81% |
| 5 years (annualised) | +6.07% |
JSML Annual Returns
Calendar-year total returns of Janus Henderson Small Cap Growth Alpha ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +18.83% |
| 2025 | +13.57% |
| 2024 | +12.40% |
| 2023 | +29.82% |
| 2022 | −28.96% |
| 2021 | +2.71% |
| 2020 | +35.82% |
| 2019 (Aug–Dec) | +7.05% |
JSML 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 | +3.0% | −0.1% | −7.4% | +16.2% | +7.3% | +6.8% | −6.4% | — | — | — | — | — |
| 2025 | +5.2% | −8.1% | −3.5% | −3.1% | +10.0% | +4.3% | +1.6% | +6.0% | +3.2% | −0.5% | +0.5% | −1.4% |
| 2024 | −4.5% | +5.4% | +2.2% | −5.9% | +5.3% | −1.5% | +9.6% | −1.0% | +2.1% | −1.6% | +13.4% | −9.3% |
| 2023 | +13.8% | −0.4% | −3.0% | −3.6% | +7.3% | +9.9% | +4.1% | −7.6% | −6.9% | −5.6% | +9.2% | +12.5% |
| 2022 | −12.2% | +1.1% | −0.5% | −10.8% | +0.1% | −8.6% | +13.4% | −7.0% | −9.6% | +6.8% | +5.7% | −8.5% |
| 2021 | +2.5% | +3.5% | +0.7% | +1.1% | −1.0% | +1.1% | −0.9% | +3.4% | −6.7% | +3.1% | −4.2% | +0.8% |
| 2020 | −1.6% | −8.1% | −19.1% | +15.9% | +12.4% | +3.4% | +3.9% | +2.4% | −3.3% | +1.6% | +20.1% | +9.8% |
| 2019 | — | — | — | — | — | — | — | −4.4% | 0.0% | +3.1% | +6.7% | +1.8% |
JSML Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 23.07%
- 3-year Sharpe ratio: 0.45 (vs 4.5% risk-free rate)
- Best month: +16.22% (Apr 2026)
- Worst month: −9.35% (Dec 2024)
JSML Fund Flows
Monthly money in and out of Janus Henderson Small Cap Growth Alpha ETF, from SEC Form N-PORT.
- 12-month net flow: $113.3M
- 12-month gross sales (incl. reinvestments): $232.7M
- Sales ÷ redemptions: 1.95×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $20.4M | $83.7M | −$63.3M |
| Jun 2026 | $89.2M | $2.2M | $87.0M |
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $0 | $0 | $0 |
| Mar 2026 | $9.1M | $7.4M | $1.7M |
| Feb 2026 | $1.9M | $3.8M | −$1.9M |
| Jan 2026 | $39.2M | $9.6M | $29.6M |
| Dec 2025 | $11.2M | $5.6M | $5.6M |
| Nov 2025 | $14.6M | $7.1M | $7.5M |
| Oct 2025 | $16.8M | $0 | $16.8M |
| Sep 2025 | $11.3M | $0 | $11.3M |
| Aug 2025 | $19.0M | $0 | $19.0M |
JSML Assets Under Management
Net assets of Janus Henderson Small Cap Growth Alpha ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $362.69M |
| 2026-04-30 | $315.77M |
| 2026-01-31 | $294.01M |
| 2025-10-31 | $247.43M |
| 2025-07-31 | $183.33M |
| 2025-04-30 | $163.62M |
| 2025-01-31 | $280.76M |
| 2024-10-31 | $234.75M |
| 2024-07-31 | $244.40M |
| 2024-04-30 | $205.21M |
| 2024-01-31 | $194.27M |
| 2023-10-31 | $138.29M |
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.