JSMD vs. DON
Compare and contrast key facts about Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) and WisdomTree US MidCap Dividend ETF (DON).
JSMD and DON are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JSMD is a passively managed fund by Janus Henderson that tracks the performance of the Janus Small Mid Cap Growth Alpha Index. It was launched on Feb 25, 2016. DON is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree MidCap Dividend Index. It was launched on Jun 16, 2006. Both JSMD and DON are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JSMD or DON.
Key characteristics
| JSMD | DON | |
|---|---|---|
| YTD Return | 19.40% | 18.63% |
| 1Y Return | 32.25% | 30.15% |
| 3Y Return (Ann) | 4.28% | 8.45% |
| 5Y Return (Ann) | 11.62% | 10.16% |
| Sharpe Ratio | 1.80 | 2.08 |
| Sortino Ratio | 2.58 | 2.92 |
| Omega Ratio | 1.31 | 1.37 |
| Calmar Ratio | 2.05 | 4.34 |
| Martin Ratio | 10.04 | 12.38 |
| Ulcer Index | 3.28% | 2.47% |
| Daily Std Dev | 18.28% | 14.70% |
| Max Drawdown | -38.98% | -61.94% |
| Current Drawdown | -3.44% | -1.83% |
Correlation
The correlation between JSMD and DON is 0.78, 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
JSMD vs. DON - Performance Comparison
The year-to-date returns for both stocks are quite close, with JSMD having a 19.40% return and DON slightly lower at 18.63%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JSMD vs. DON - Expense Ratio Comparison
JSMD has a 0.30% expense ratio, which is lower than DON's 0.38% expense ratio.
Risk-Adjusted Performance
JSMD vs. DON - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) and WisdomTree US MidCap Dividend ETF (DON). 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.
Dividends
JSMD vs. DON - Dividend Comparison
JSMD's dividend yield for the trailing twelve months is around 0.34%, less than DON's 2.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF | 0.34% | 0.44% | 0.40% | 0.28% | 0.24% | 0.32% | 0.53% | 0.30% | 0.37% | 0.00% | 0.00% | 0.00% |
DON WisdomTree US MidCap Dividend ETF | 2.23% | 2.41% | 2.71% | 2.12% | 2.77% | 2.38% | 2.55% | 2.25% | 2.48% | 2.89% | 2.56% | 2.28% |
Drawdowns
JSMD vs. DON - Drawdown Comparison
The maximum JSMD drawdown since its inception was -38.98%, smaller than the maximum DON drawdown of -61.94%. Use the drawdown chart below to compare losses from any high point for JSMD and DON. For additional features, visit the drawdowns tool.
Volatility
JSMD vs. DON - Volatility Comparison
Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD) has a higher volatility of 6.46% compared to WisdomTree US MidCap Dividend ETF (DON) at 5.25%. This indicates that JSMD's price experiences larger fluctuations and is considered to be riskier than DON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.