JSML vs. FRTY
Compare and contrast key facts about Janus Henderson Small Cap Growth Alpha ETF (JSML) and Alger Mid Cap 40 ETF (FRTY).
JSML and FRTY 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. FRTY is an actively managed fund by Alger Group Holdings LLC. It was launched on Feb 26, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JSML or FRTY.
Correlation
The correlation between JSML and FRTY is 0.74, 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
JSML vs. FRTY - Performance Comparison
Key characteristics
JSML:
0.05
FRTY:
-0.04
JSML:
0.24
FRTY:
0.13
JSML:
1.03
FRTY:
1.02
JSML:
0.04
FRTY:
-0.03
JSML:
0.13
FRTY:
-0.13
JSML:
8.15%
FRTY:
9.49%
JSML:
23.38%
FRTY:
28.51%
JSML:
-39.64%
FRTY:
-53.14%
JSML:
-21.78%
FRTY:
-36.53%
Returns By Period
In the year-to-date period, JSML achieves a -13.00% return, which is significantly higher than FRTY's -18.98% return.
JSML
-13.00%
-6.30%
-13.39%
2.75%
9.97%
N/A
FRTY
-18.98%
-8.30%
-14.15%
0.49%
N/A
N/A
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JSML vs. FRTY - Expense Ratio Comparison
JSML has a 0.30% expense ratio, which is lower than FRTY's 0.60% expense ratio.
Risk-Adjusted Performance
JSML vs. FRTY — Risk-Adjusted Performance Rank
JSML
FRTY
JSML vs. FRTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Small Cap Growth Alpha ETF (JSML) and Alger Mid Cap 40 ETF (FRTY). 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. FRTY - Dividend Comparison
JSML's dividend yield for the trailing twelve months is around 1.76%, more than FRTY's 0.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
JSML Janus Henderson Small Cap Growth Alpha ETF | 1.76% | 1.19% | 0.49% | 0.67% | 0.46% | 0.30% | 0.27% | 0.76% | 0.42% | 0.52% |
FRTY Alger Mid Cap 40 ETF | 0.12% | 0.10% | 0.00% | 0.00% | 5.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
JSML vs. FRTY - Drawdown Comparison
The maximum JSML drawdown since its inception was -39.64%, smaller than the maximum FRTY drawdown of -53.14%. Use the drawdown chart below to compare losses from any high point for JSML and FRTY. For additional features, visit the drawdowns tool.
Volatility
JSML vs. FRTY - Volatility Comparison
The current volatility for Janus Henderson Small Cap Growth Alpha ETF (JSML) is 12.78%, while Alger Mid Cap 40 ETF (FRTY) has a volatility of 13.98%. This indicates that JSML experiences smaller price fluctuations and is considered to be less risky than FRTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.