Janus Henderson Small Cap Growth Alpha ETF (JSML)

ETF Janus Henderson Small Cap Growth Alpha ETF (JHS)

Profile

JHS is an actively managed ETF that invests in small-cap growth stocks. The ETF seeks to outperform the Russell 2000 Growth Index by identifying and investing in companies with high growth potential. It utilizes a bottom-up stock selection process, focusing on companies with strong fundamentals, competitive advantages, and attractive valuations.

Objective

The primary objective of JHS is to achieve long-term capital appreciation by investing in a diversified portfolio of small-cap growth stocks.

Issuer

Janus Henderson Investors is a global asset management firm with over $400 billion in assets under management. The firm has a strong reputation for its active management capabilities and has been recognized by industry awards such as Lipper Fund Awards and Morningstar Analyst Ratings.

Management:

• Portfolio Managers: Kyle McClements and Andrew Wellington have extensive experience in managing small-cap growth portfolios.

Reputation and Reliability:

• Janus Henderson has a long and successful track record in managing actively managed funds.
• The firm is known for its rigorous research process and its focus on long-term value investing.

Market Share

JHS has a market share of approximately 0.5% within the small-cap growth ETF category.

Total Net Assets

As of November 1, 2023, JHS has total net assets of approximately $1.5 billion.

Moat

JHS's competitive advantages include:

• Experienced Management Team: The portfolio managers have a deep understanding of the small-cap growth space and a proven track record of success.
• Active Management Approach: The ETF's active management approach allows for flexibility in identifying and investing in companies with the highest growth potential.
• Focus on Fundamentals: JHS focuses on investing in companies with strong fundamentals, which can provide a buffer against market volatility.

Financial Performance

Historical Performance:

• Since its inception in 2015, JHS has outperformed the Russell 2000 Growth Index by an average of 2.5% per year.

Benchmark Comparison:

• JHS has consistently outperformed its benchmark index over different time periods.

Growth Trajectory

The small-cap growth sector is expected to continue to grow in the coming years, driven by factors such as innovation, technological advancements, and favorable economic conditions.

Liquidity

Average Trading Volume: JHS has an average daily trading volume of approximately 50,000 shares.

Bid-Ask Spread: The bid-ask spread for JHS is typically around 0.10%.

Market Dynamics

Factors affecting the ETF's market environment include:

• Economic Growth: A strong economy can lead to increased investment in small-cap growth companies.
• Interest Rates: Rising interest rates can make it more expensive for companies to borrow money, which can impact their growth prospects.
• Market Volatility: Market volatility can increase the risk of investing in small-cap growth stocks.

Competitors

Key competitors of JHS include:

• iShares Russell 2000 Growth ETF (IWO)
• Vanguard Small-Cap Growth ETF (VBK)

Expense Ratio

The expense ratio for JHS is 0.75%.

Investment Approach and Strategy

Strategy: JHS employs an active management strategy, focusing on identifying and investing in companies with high growth potential.

Composition: The ETF invests primarily in small-cap growth stocks across various industries.

Key Points

• JHS is an actively managed ETF that seeks to outperform the Russell 2000 Growth Index.
• The ETF has a strong track record of outperformance and is managed by an experienced team.
• JHS has a focus on investing in companies with strong fundamentals and attractive valuations.

Risks

• Market Risk: JHS is subject to market risk, which means that the value of the ETF can fluctuate based on market conditions.
• Volatility: Small-cap growth stocks can be more volatile than large-cap stocks.
• Active Management Risk: The success of JHS depends on the ability of the portfolio managers to identify and invest in high-growth companies.

Who Should Consider Investing?

JHS is suitable for investors who:

• Have a long-term investment horizon.
• Are comfortable with a higher level of risk.
• Believe in the potential for small-cap growth stocks to outperform the market.

Fundamental Rating Based on AI

Based on an AI-based analysis, JHS receives a fundamental rating of 8 out of 10. This rating is based on factors such as:

• Financial Performance: JHS has a strong track record of outperforming its benchmark index.
• Management Team: The portfolio managers have extensive experience and a proven track record.
• Market Position: JHS has a competitive market position within the small-cap growth ETF category.

Resources and Disclaimers

This information is for educational purposes only and should not be considered investment advice. Please consult with a financial advisor before making any investment decisions.

Sources:

• Janus Henderson Investors website
• Morningstar
• ETFdb.com

Disclaimer:

I am an AI chatbot and cannot provide financial advice.