JSML vs. CWS
Compare and contrast key facts about Janus Henderson Small Cap Growth Alpha ETF (JSML) and AdvisorShares Focused Equity ETF (CWS).
JSML and CWS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. CWS is an actively managed fund by AdvisorShares. It was launched on Sep 20, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JSML or CWS.
Key characteristics
| JSML | CWS | |
|---|---|---|
| YTD Return | 25.07% | 20.58% |
| 1Y Return | 49.89% | 37.56% |
| 3Y Return (Ann) | 2.38% | 12.81% |
| 5Y Return (Ann) | 10.94% | 15.21% |
| Sharpe Ratio | 2.43 | 3.40 |
| Sortino Ratio | 3.36 | 4.63 |
| Omega Ratio | 1.41 | 1.59 |
| Calmar Ratio | 1.66 | 5.87 |
| Martin Ratio | 15.92 | 21.00 |
| Ulcer Index | 3.28% | 1.89% |
| Daily Std Dev | 21.51% | 11.61% |
| Max Drawdown | -39.65% | -33.82% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between JSML and CWS is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
JSML vs. CWS - Performance Comparison
In the year-to-date period, JSML achieves a 25.07% return, which is significantly higher than CWS's 20.58% return. 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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JSML vs. CWS - Expense Ratio Comparison
JSML has a 0.30% expense ratio, which is lower than CWS's 0.77% expense ratio.
Risk-Adjusted Performance
JSML vs. CWS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Small Cap Growth Alpha ETF (JSML) and AdvisorShares Focused Equity ETF (CWS). 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
JSML vs. CWS - Dividend Comparison
JSML's dividend yield for the trailing twelve months is around 0.40%, more than CWS's 0.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
JSML Janus Henderson Small Cap Growth Alpha ETF | 0.40% | 0.49% | 0.67% | 0.46% | 0.30% | 0.27% | 0.76% | 0.42% | 0.53% |
CWS AdvisorShares Focused Equity ETF | 0.20% | 0.25% | 0.50% | 0.16% | 0.27% | 0.39% | 2.61% | 0.29% | 0.03% |
Drawdowns
JSML vs. CWS - Drawdown Comparison
The maximum JSML drawdown since its inception was -39.65%, which is greater than CWS's maximum drawdown of -33.82%. Use the drawdown chart below to compare losses from any high point for JSML and CWS. For additional features, visit the drawdowns tool.
Volatility
JSML vs. CWS - Volatility Comparison
Janus Henderson Small Cap Growth Alpha ETF (JSML) has a higher volatility of 7.55% compared to AdvisorShares Focused Equity ETF (CWS) at 3.53%. This indicates that JSML's price experiences larger fluctuations and is considered to be riskier than CWS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.