- CUSIP
- 47103U720
- Issuer
- Janus Henderson
- Inception Date
- Sep 17, 2024
- Region
- North America (U.S.)
- Category
- Mid Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $24M
Share Price Chart
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Performance
JMID Performance Chart
Janus Henderson Mid Cap Growth Alpha ETF (JMID) is up 7.4% since the beginning of the year. JMID is currently trading at $31 per share.
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Returns By Period
Janus Henderson Mid Cap Growth Alpha ETF (JMID) has returned 7.39% so far this year and 12.15% over the past 12 months.
Janus Henderson Mid Cap Growth Alpha ETF
- 1D
- -0.14%
- 1M
- 0.25%
- YTD
- 7.39%
- 6M
- 5.11%
- 1Y
- 12.15%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
JMID Monthly Returns History
Based on dividend-adjusted daily data since Sep 18, 2024, JMID's average daily return is +0.06%, while the average monthly return is +1.19%. At this rate, an investment would double in approximately 4.9 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2024 with a return of +13.8%, while the worst month was Mar 2025 at -7.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, JMID closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +10.5%, while the worst single day was Apr 3, 2025 at -6.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.85% | 2.51% | -6.30% | 8.07% | 4.46% | -1.79% | 7.39% | ||||||
| 2025 | 5.47% | -6.28% | -6.97% | 1.22% | 8.61% | 3.45% | 2.28% | 0.95% | 1.12% | -1.57% | -0.33% | -1.44% | 5.56% |
| 2024 | 2.39% | 1.77% | 13.84% | -6.15% | 11.33% |
Benchmark Metrics
Janus Henderson Mid Cap Growth Alpha ETF has an annualized alpha of -4.84%, beta of 1.17, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since September 18, 2024.
- This ETF participated in 122.78% of S&P 500 Index downside but only 100.52% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -4.84% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -4.84%
- Beta
- 1.17
- R²
- 0.82
- Upside Capture
- 100.52%
- Downside Capture
- 122.78%
Expense Ratio
JMID has an expense ratio of 0.30%, placing it in the medium range.
Return for Risk
Risk / Return Rank
JMID ranks 23 for risk / return — below 23% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Janus Henderson Mid Cap Growth Alpha ETF (JMID) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| JMID | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.37 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | 2.78 | -1.66 |
| Martin ratioReturn relative to average drawdown | 3.72 | 12.44 | -8.72 |
Dividends
Dividend History
Janus Henderson Mid Cap Growth Alpha ETF provided a 0.65% dividend yield over the last twelve months, with an annual payout of $0.20 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.20 | $0.22 | $0.03 |
Dividend yield | 0.65% | 0.75% | 0.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Janus Henderson Mid Cap Growth Alpha ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.03 | ||||||
| 2025 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.22 |
| 2024 | $0.03 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Janus Henderson Mid Cap Growth Alpha ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Janus Henderson Mid Cap Growth Alpha ETF was 25.58%, occurring on Apr 8, 2025. Recovery took 107 trading sessions.
The current Janus Henderson Mid Cap Growth Alpha ETF drawdown is 3.05%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -25.58%Apr 2025 | 4mo | 5mo 6d | 9mo 6dDec 2024 - Sep 2025 |
2026 correction2026 | -10.82%Mar 2026 | 5mo 3d | 18d | 5mo 21dOct 2025 - Apr 2026 |
2026 pullback2026 | -4.92%Jun 2026 | 8d | — | 21d 10hJun 2026 - now |
2025 pullback2025 | -4.63%Oct 2025 | 17d | 17d | 1mo 4dSep 2025 - Oct 2025 |
2026 pullback2026 | -4.33%Apr 2026 | 8d | 7d | 15dApr 2026 - May 2026 |
Drawdown Indicators
| JMID | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.58% | -56.78% | +31.20% |
Max Drawdown (1Y)Largest decline over 1 year | -10.82% | -9.10% | -1.72% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -3.05% | -1.80% | -1.25% |
Average DrawdownAverage peak-to-trough decline | -4.52% | -10.71% | +6.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.27% | 2.03% | +1.24% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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