Janus Henderson Mid Cap Growth Alpha ETF

Frequently Asked Questions About JMID

What does JMID invest in?

Janus Detroit Street Trust - Janus Henderson Mid Cap Growth Alpha ETF is an exchange traded fund launched and managed by Janus Henderson Investors US LLC. It invests in public equity markets. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of mid-cap companies, within the market capitalization range of the Russell Midcap Growth Index. The fund employs fundamental and quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against the Russell Midcap Growth Index. The fund employs proprietary research to create its portfolio. Janus Detroit Street Trust - Janus Henderson Mid Cap Growth Alpha ETF was formed on September 17, 2024 and is domiciled in the United States.

What is the expense ratio of JMID?

Janus Henderson Mid Cap Growth Alpha ETF (JMID) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

How big is JMID?

Janus Henderson Mid Cap Growth Alpha ETF (JMID) manages $21.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is JMID actively managed or an index fund?

JMID's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was JMID launched?

Janus Henderson Mid Cap Growth Alpha ETF (JMID) launched in September 2024 and is managed by Janus Henderson.

How has JMID performed?

JMID's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.