Janus Etf Profile

Janus SmallMidcap is trading at 66.66 as of the 28th of September 2021, a -0.01 percent decrease since the beginning of the trading day. The etf's lowest day price was 66.47. Equity ratings for Janus SmallMidcap Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of July 2021 and ending today, the 28th of September 2021. Click here to learn more.

Janus SmallMidcap Etf Profile

The investment seeks investment results that correspond generally, to the performance of its underlying index, the Janus Henderson SmallMid Cap Growth Alpha Index. Janus SmallMidcap is traded on NYSEArca Exchange in the United States. more on Janus SmallMidcap
Janus SmallMidcap is not yet fully synchronised with the market data
Janus SmallMidcap generates negative expected return over the last 90 days
Janus SmallMidcap is unlikely to experience financial distress in the next 2 years
The fund retains 99.99% of its assets under management (AUM) in equities
Legal NameJanus SmallMidcap Growth
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Janus SmallMidcap's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerJanus Henderson
DescriptionJanus Henderson Small/Mid Cap Growth Alpha ETF
Inception Date2016-02-23
BenchmarkJanus Small/Mid Cap Growth Alpha Index
Entity TypeRegulated Investment Company
Average Trading Valume5,783.7
Asset TypeEquity
CategorySize and Style
FocusSmall Cap
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJanus Capital Management LLC
AdvisorJanus Capital Management LLC
CustodianState Street Bank and Trust Company
DistributorALPS Distributors, Inc.
Portfolio ManagerBenjamin Wang, Scott M. Weiner
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Oct
Total Expense0.3
Management Fee0.3
Nav Price67.79
Two Hundred Day Average67.41
Average Daily Volume In Three Month10.65k
Fifty Two Week Low49.47
As Of Date30th of June 2021
Average Daily Volume Last 10 Day5.16k
Fifty Two Week High70.37
One Month0.05%
Fifty Day Average67.64
Three Month0.75%
Beta In Three Year1.23
Janus SmallMidcap Growth [JSMD] is traded in USA and was established 2016-02-23. The fund is listed under Mid-Cap Growth category and is part of Janus Henderson family. Janus SmallMidcap Growth currently have 185.75 M in assets under management (AUM). , while the total return for the last 3 years was 17.05%.
Check Janus SmallMidcap Probability Of Bankruptcy

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Janus Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Janus SmallMidcap , and the less return is expected.

Top Janus SmallMidcap Growth Constituents

Janus SmallMidcap Target Price Odds Analysis

What are Janus SmallMidcap's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Janus SmallMidcap jumping above the current price in 90 days from now is about 75.9%. The Janus SmallMidcap Growth probability density function shows the probability of Janus SmallMidcap etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Janus SmallMidcap Growth has a beta of -0.1613. This indicates as returns on benchmark increase, returns on holding Janus SmallMidcap are expected to decrease at a much lower rate. During the bear market, however, Janus SmallMidcap Growth is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Janus SmallMidcap Growth is significantly underperforming DOW.
 Odds Down 66.66HorizonTargetOdds Up 66.66 
23.56%90 days
Based on a normal probability distribution, the odds of Janus SmallMidcap to move above the current price in 90 days from now is about 75.9 (This Janus SmallMidcap Growth probability density function shows the probability of Janus Etf to fall within a particular range of prices over 90 days) .

Janus SmallMidcap Top Holders

Janus SmallMidcap Major Institutional Holders

Institutional Holdings refers to the ownership stake in Janus SmallMidcap that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Janus SmallMidcap's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Janus SmallMidcap's value.
InstituionSecurity TypeTotal SharesValue
Ubs Group AgFund Units198.5 K13.4 M
View Janus SmallMidcap Diagnostics

Janus SmallMidcap Growth Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Janus SmallMidcap market risk premium is the additional return an investor will receive from holding Janus SmallMidcap long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Janus SmallMidcap. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Janus SmallMidcap's alpha and beta are two of the key measurements used to evaluate Janus SmallMidcap's performance over the market, the standard measures of volatility play an important role as well.

Janus SmallMidcap Against Markets

Picking the right benchmark for Janus SmallMidcap etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Janus SmallMidcap etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Janus SmallMidcap is critical whether you are bullish or bearish towards Janus SmallMidcap Growth at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Janus SmallMidcap etf to make a market-neutral strategy. Peer analysis of Janus SmallMidcap could also be used in its relative valuation, which is a method of valuing Janus SmallMidcap by comparing valuation metrics with similar companies.
Please see Risk vs Return Analysis. Note that the Janus SmallMidcap Growth information on this page should be used as a complementary analysis to other Janus SmallMidcap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Janus Etf analysis

When running Janus SmallMidcap Growth price analysis, check to measure Janus SmallMidcap's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Janus SmallMidcap is operating at the current time. Most of Janus SmallMidcap's value examination focuses on studying past and present price action to predict the probability of Janus SmallMidcap's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Janus SmallMidcap's price. Additionally, you may evaluate how the addition of Janus SmallMidcap to your portfolios can decrease your overall portfolio volatility.
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The market value of Janus SmallMidcap Growth is measured differently than its book value, which is the value of Janus that is recorded on the company's balance sheet. Investors also form their own opinion of Janus SmallMidcap's value that differs from its market value or its book value, called intrinsic value, which is Janus SmallMidcap's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Janus SmallMidcap's market value can be influenced by many factors that don't directly affect Janus SmallMidcap Growth underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Janus SmallMidcap's value and its price as these two are different measures arrived at by different means. Investors typically determine Janus SmallMidcap value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus SmallMidcap's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.