Correlation
The correlation between JSML and OBMCX 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.
JSML vs. OBMCX
Compare and contrast key facts about Janus Henderson Small Cap Growth Alpha ETF (JSML) and Oberweis Micro Cap Fund (OBMCX).
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. OBMCX is managed by Oberweis. It was launched on Dec 29, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: JSML or OBMCX.
Performance
JSML vs. OBMCX - Performance Comparison
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Key characteristics
JSML:
0.44
OBMCX:
0.18
JSML:
0.76
OBMCX:
0.44
JSML:
1.09
OBMCX:
1.05
JSML:
0.38
OBMCX:
0.17
JSML:
1.02
OBMCX:
0.48
JSML:
9.60%
OBMCX:
10.23%
JSML:
24.24%
OBMCX:
27.97%
JSML:
-39.64%
OBMCX:
-67.42%
JSML:
-10.64%
OBMCX:
-14.50%
Returns By Period
In the year-to-date period, JSML achieves a -0.60% return, which is significantly higher than OBMCX's -7.74% return.
JSML
-0.60%
6.42%
-9.75%
9.66%
9.30%
8.63%
N/A
OBMCX
-7.74%
3.38%
-13.68%
4.86%
11.88%
23.07%
15.34%
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JSML vs. OBMCX - Expense Ratio Comparison
JSML has a 0.30% expense ratio, which is lower than OBMCX's 1.48% expense ratio.
Risk-Adjusted Performance
JSML vs. OBMCX — Risk-Adjusted Performance Rank
JSML
OBMCX
JSML vs. OBMCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Small Cap Growth Alpha ETF (JSML) and Oberweis Micro Cap Fund (OBMCX). 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
JSML vs. OBMCX - Dividend Comparison
JSML's dividend yield for the trailing twelve months is around 1.54%, less than OBMCX's 2.75% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
JSML Janus Henderson Small Cap Growth Alpha ETF | 1.54% | 1.19% | 0.49% | 0.67% | 0.46% | 0.30% | 0.27% | 0.76% | 0.42% | 0.53% | 0.00% | 0.00% |
OBMCX Oberweis Micro Cap Fund | 2.75% | 2.53% | 0.00% | 1.37% | 24.35% | 0.00% | 0.00% | 19.67% | 11.76% | 0.05% | 3.07% | 8.03% |
Drawdowns
JSML vs. OBMCX - Drawdown Comparison
The maximum JSML drawdown since its inception was -39.64%, smaller than the maximum OBMCX drawdown of -67.42%. Use the drawdown chart below to compare losses from any high point for JSML and OBMCX.
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Volatility
JSML vs. OBMCX - Volatility Comparison
Janus Henderson Small Cap Growth Alpha ETF (JSML) has a higher volatility of 6.25% compared to Oberweis Micro Cap Fund (OBMCX) at 5.54%. This indicates that JSML's price experiences larger fluctuations and is considered to be riskier than OBMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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