JSML vs. IJR
Compare and contrast key facts about Janus Henderson Small Cap Growth Alpha ETF (JSML) and iShares Core S&P Small-Cap ETF (IJR).
JSML and IJR 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. IJR is a passively managed fund by iShares that tracks the performance of the S&P SmallCap 600 Index. It was launched on May 22, 2000. Both JSML and IJR 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: JSML or IJR.
Key characteristics
| JSML | IJR | |
|---|---|---|
| YTD Return | 0.99% | 1.52% |
| 1Y Return | 20.67% | 19.85% |
| 3Y Return (Ann) | -2.58% | 1.22% |
| 5Y Return (Ann) | 7.40% | 8.28% |
| Sharpe Ratio | 1.09 | 1.05 |
| Daily Std Dev | 20.32% | 19.23% |
| Max Drawdown | -39.64% | -58.15% |
| Current Drawdown | -17.04% | -5.42% |
Correlation
The correlation between JSML and IJR is 0.82, 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. IJR - Performance Comparison
In the year-to-date period, JSML achieves a 0.99% return, which is significantly lower than IJR's 1.52% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
JSML vs. IJR - Expense Ratio Comparison
JSML has a 0.30% expense ratio, which is higher than IJR's 0.07% expense ratio.
Risk-Adjusted Performance
JSML vs. IJR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Small Cap Growth Alpha ETF (JSML) and iShares Core S&P Small-Cap ETF (IJR). 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. IJR - Dividend Comparison
JSML's dividend yield for the trailing twelve months is around 0.51%, less than IJR's 1.30% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JSML Janus Henderson Small Cap Growth Alpha ETF | 0.51% | 0.49% | 0.67% | 0.46% | 0.30% | 0.27% | 0.76% | 0.42% | 0.52% | 0.00% | 0.00% | 0.00% |
IJR iShares Core S&P Small-Cap ETF | 1.30% | 1.31% | 1.41% | 1.53% | 1.11% | 1.44% | 1.58% | 1.20% | 1.21% | 1.48% | 1.23% | 1.00% |
Drawdowns
JSML vs. IJR - Drawdown Comparison
The maximum JSML drawdown since its inception was -39.64%, smaller than the maximum IJR drawdown of -58.15%. Use the drawdown chart below to compare losses from any high point for JSML and IJR. For additional features, visit the drawdowns tool.
Volatility
JSML vs. IJR - Volatility Comparison
Janus Henderson Small Cap Growth Alpha ETF (JSML) has a higher volatility of 5.31% compared to iShares Core S&P Small-Cap ETF (IJR) at 4.52%. This indicates that JSML's price experiences larger fluctuations and is considered to be riskier than IJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.