Janus Henderson Small Cap Growth Alpha ETF

Frequently Asked Questions About JSML

What does JSML invest in?

Janus Detroit Street Trust - Janus Henderson Small Cap Growth Alpha ETF is an exchange traded fund launched and managed by Janus Henderson Investors US LLC. It invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of small-cap companies, within the market capitalization range of the Russell 2000 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 3000 Index, the Russell 2000 Growth Index and the Janus Henderson Small Cap Growth Alpha Index. The fund employs proprietary research to create its portfolio. Janus Detroit Street Trust - Janus Henderson Small Cap Growth Alpha ETF was formed on February 23, 2016 and is domiciled in the United States.

What is the expense ratio of JSML?

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

How big is JSML?

Janus Henderson Small Cap Growth Alpha ETF (JSML) manages $367.1M 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 JSML actively managed or an index fund?

JSML is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (JSML's is 0.30%) because there's no security selection cost.

When was JSML launched?

Janus Henderson Small Cap Growth Alpha ETF (JSML) launched in February 2016 and is managed by Janus Henderson.

How has JSML performed?

JSML'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.