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JSML vs. TMFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

JSML vs. TMFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Janus Henderson Small Cap Growth Alpha ETF (JSML) and Motley Fool Next Index ETF (TMFX). The values are adjusted to include any dividend payments, if applicable.

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JSML vs. TMFX - Yearly Performance Comparison


2026 (YTD)2025202420232022
JSML
Janus Henderson Small Cap Growth Alpha ETF
-4.74%13.41%12.45%30.09%-29.40%
TMFX
Motley Fool Next Index ETF
-7.32%10.41%16.04%17.95%-28.16%

Returns By Period

In the year-to-date period, JSML achieves a -4.74% return, which is significantly higher than TMFX's -7.32% return.


JSML

1D
4.25%
1M
-7.42%
YTD
-4.74%
6M
-6.13%
1Y
15.83%
3Y*
12.75%
5Y*
1.14%
10Y*
10.94%

TMFX

1D
3.29%
1M
-7.00%
YTD
-7.32%
6M
-7.58%
1Y
9.33%
3Y*
9.63%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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JSML vs. TMFX - Expense Ratio Comparison

JSML has a 0.30% expense ratio, which is lower than TMFX's 0.50% expense ratio.


Return for Risk

JSML vs. TMFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JSML
JSML Risk / Return Rank: 4242
Overall Rank
JSML Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
JSML Sortino Ratio Rank: 4040
Sortino Ratio Rank
JSML Omega Ratio Rank: 3434
Omega Ratio Rank
JSML Calmar Ratio Rank: 5252
Calmar Ratio Rank
JSML Martin Ratio Rank: 4747
Martin Ratio Rank

TMFX
TMFX Risk / Return Rank: 2727
Overall Rank
TMFX Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
TMFX Sortino Ratio Rank: 2727
Sortino Ratio Rank
TMFX Omega Ratio Rank: 2626
Omega Ratio Rank
TMFX Calmar Ratio Rank: 2828
Calmar Ratio Rank
TMFX Martin Ratio Rank: 2828
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JSML vs. TMFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Janus Henderson Small Cap Growth Alpha ETF (JSML) and Motley Fool Next Index ETF (TMFX). 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.


JSMLTMFXDifference

Sharpe ratio

Return per unit of total volatility

0.66

0.41

+0.26

Sortino ratio

Return per unit of downside risk

1.09

0.75

+0.34

Omega ratio

Gain probability vs. loss probability

1.14

1.10

+0.04

Calmar ratio

Return relative to maximum drawdown

1.29

0.64

+0.65

Martin ratio

Return relative to average drawdown

4.44

2.25

+2.19

JSML vs. TMFX - Sharpe Ratio Comparison

The current JSML Sharpe Ratio is 0.66, which is higher than the TMFX Sharpe Ratio of 0.41. The chart below compares the historical Sharpe Ratios of JSML and TMFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


JSMLTMFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.66

0.41

+0.26

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.01

+0.47

Correlation

The correlation between JSML and TMFX is 0.89, 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.


Dividends

JSML vs. TMFX - Dividend Comparison

JSML's dividend yield for the trailing twelve months is around 0.66%, more than TMFX's 0.05% yield.


TTM2025202420232022202120202019201820172016
JSML
Janus Henderson Small Cap Growth Alpha ETF
0.66%0.94%1.19%0.49%0.67%0.46%0.30%0.27%0.76%0.42%0.52%
TMFX
Motley Fool Next Index ETF
0.05%0.05%0.06%0.16%0.22%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

JSML vs. TMFX - Drawdown Comparison

The maximum JSML drawdown since its inception was -39.65%, which is greater than TMFX's maximum drawdown of -34.30%. Use the drawdown chart below to compare losses from any high point for JSML and TMFX.


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Drawdown Indicators


JSMLTMFXDifference

Max Drawdown

Largest peak-to-trough decline

-39.65%

-34.30%

-5.35%

Max Drawdown (1Y)

Largest decline over 1 year

-14.84%

-14.74%

-0.10%

Max Drawdown (5Y)

Largest decline over 5 years

-37.91%

Max Drawdown (10Y)

Largest decline over 10 years

-39.65%

Current Drawdown

Current decline from peak

-11.22%

-11.12%

-0.10%

Average Drawdown

Average peak-to-trough decline

-11.02%

-14.74%

+3.72%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.32%

4.19%

+0.13%

Volatility

JSML vs. TMFX - Volatility Comparison

Janus Henderson Small Cap Growth Alpha ETF (JSML) has a higher volatility of 9.14% compared to Motley Fool Next Index ETF (TMFX) at 6.50%. This indicates that JSML's price experiences larger fluctuations and is considered to be riskier than TMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


JSMLTMFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.14%

6.50%

+2.64%

Volatility (6M)

Calculated over the trailing 6-month period

16.36%

13.03%

+3.33%

Volatility (1Y)

Calculated over the trailing 1-year period

24.08%

23.11%

+0.97%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.19%

23.63%

+0.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.16%

23.63%

+0.53%