FRTY vs. JSML
Compare and contrast key facts about Alger Mid Cap 40 ETF (FRTY) and Janus Henderson Small Cap Growth Alpha ETF (JSML).
FRTY and JSML are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FRTY is an actively managed fund by Alger Group Holdings LLC. It was launched on Feb 26, 2021. JSML is a passively managed fund by Janus Henderson that tracks the performance of the Janus Small Cap Growth Alpha Index. It was launched on Feb 25, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRTY or JSML.
Correlation
The correlation between FRTY and JSML is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FRTY vs. JSML - Performance Comparison
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Key characteristics
FRTY:
0.14
JSML:
0.29
FRTY:
0.37
JSML:
0.55
FRTY:
1.05
JSML:
1.07
FRTY:
0.10
JSML:
0.24
FRTY:
0.36
JSML:
0.67
FRTY:
10.93%
JSML:
9.28%
FRTY:
28.44%
JSML:
23.77%
FRTY:
-53.14%
JSML:
-39.64%
FRTY:
-30.58%
JSML:
-13.72%
Returns By Period
In the year-to-date period, FRTY achieves a -11.39% return, which is significantly lower than JSML's -4.04% return.
FRTY
-11.39%
10.54%
-12.87%
4.06%
N/A
N/A
JSML
-4.04%
10.95%
-13.10%
7.54%
9.29%
N/A
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FRTY vs. JSML - Expense Ratio Comparison
FRTY has a 0.60% expense ratio, which is higher than JSML's 0.30% expense ratio.
Risk-Adjusted Performance
FRTY vs. JSML — Risk-Adjusted Performance Rank
FRTY
JSML
FRTY vs. JSML - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alger Mid Cap 40 ETF (FRTY) and Janus Henderson Small Cap Growth Alpha ETF (JSML). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
FRTY vs. JSML - Dividend Comparison
FRTY's dividend yield for the trailing twelve months is around 0.11%, less than JSML's 1.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRTY Alger Mid Cap 40 ETF | 0.11% | 0.10% | 0.00% | 0.00% | 5.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
JSML Janus Henderson Small Cap Growth Alpha ETF | 1.59% | 1.19% | 0.49% | 0.67% | 0.46% | 0.30% | 0.27% | 0.76% | 0.42% | 0.52% |
Drawdowns
FRTY vs. JSML - Drawdown Comparison
The maximum FRTY drawdown since its inception was -53.14%, which is greater than JSML's maximum drawdown of -39.64%. Use the drawdown chart below to compare losses from any high point for FRTY and JSML. For additional features, visit the drawdowns tool.
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Volatility
FRTY vs. JSML - Volatility Comparison
Alger Mid Cap 40 ETF (FRTY) and Janus Henderson Small Cap Growth Alpha ETF (JSML) have volatilities of 7.56% and 7.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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