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JMID - ETF AI Analysis
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Janus Henderson Mid Cap Growth Alpha ETF (JMID)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several of the largest positions, such as Roblox and Vertiv Holdings, have delivered strong year-to-date gains, supporting the ETF's overall performance.
Sector Diversification
The ETF is spread across multiple sectors, including Industrials, Consumer Cyclical, and Technology, reducing reliance on any single industry.
Reasonable Expense Ratio
The ETF has a relatively low expense ratio, making it cost-effective compared to many actively managed funds.
Negative Factors
High U.S. Concentration
With over 98% of its geographic exposure in the U.S., the ETF lacks diversification across global markets.
Underperforming Holdings
Some top holdings, such as Ameriprise Financial and Ares Management, have lagged in year-to-date performance, potentially dragging down returns.
Small Asset Base
The ETF has relatively low assets under management, which could lead to less liquidity and higher trading costs for investors.
JMID vs. SPDR S&P 500 ETF (SPY)
AUM19.57M
RegionNorth America
Expense Ratio0.30%
Beta1.18
IssuerJanus Henderson
Inception DateSep 17, 2024
Dividend Yield0.73%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume12,549
30 Day Avg. Volume8,209
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
34.74Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering91
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
JMID Summary
The Janus Henderson Mid Cap Growth Alpha ETF (JMID) focuses on mid-sized companies in the U.S. that are positioned for growth. It includes firms like Royal Caribbean and Roblox, which are known for their innovative approaches and potential to expand. This ETF is designed for investors who want to diversify their portfolios with companies that are past the startup phase but still have room to grow. However, since it targets mid-cap stocks, its performance can be more volatile than larger, more established companies, meaning the value of your investment may go up and down with market trends.
How much will it cost me?The Janus Henderson Mid Cap Growth Alpha ETF (JMID) has an expense ratio of 0.3%, which means you’ll pay $3 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is actively managed, aiming to select mid-cap stocks with strong growth potential rather than tracking a broad index.
What would affect this ETF?The Janus Henderson Mid Cap Growth Alpha ETF (JMID) could benefit from economic growth and innovation in sectors like technology and consumer cyclical, as well as increased spending in industries such as healthcare and financials. However, it may face challenges from rising interest rates, which can negatively impact growth-focused companies, and economic slowdowns, which could reduce consumer spending and industrial activity. Its U.S. focus also makes it sensitive to domestic regulatory changes and geopolitical events.
JMID Top 10 Holdings
The Janus Henderson Mid Cap Growth Alpha ETF is leaning heavily into growth-oriented sectors like Consumer Cyclical and Health Care, with a strong U.S. focus. Comfort Systems and Howmet Aerospace are rising stars, driving performance with robust financial results and strategic initiatives. Expedia is also gaining momentum, buoyed by its innovative strategies and solid earnings. On the flip side, GoDaddy is lagging, weighed down by weak revenue growth and bearish technical signals. Overall, the fund’s positioning reflects a balanced approach to mid-cap growth, though its reliance on a few standout names could amplify volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Cencora | 3.51% | $729.90K | $65.12B | 42.54% | 70 Neutral | |
| Vertiv Holdings | 3.06% | $636.85K | $62.54B | 37.11% | 77 Outperform | |
| Ameriprise Financial | 3.02% | $628.83K | $47.17B | -3.13% | 64 Neutral | |
| Expedia | 2.88% | $600.21K | $36.31B | 59.14% | 80 Outperform | |
| Idexx Laboratories | 2.78% | $578.46K | $56.96B | 73.13% | 78 Outperform | |
| Comfort Systems | 2.56% | $532.38K | $35.64B | 122.58% | 80 Outperform | |
| Howmet Aerospace | 2.45% | $509.09K | $87.76B | 84.70% | 67 Neutral | |
| Cardinal Health | 2.31% | $481.52K | $47.78B | 63.28% | 66 Neutral | |
| Somnigroup International | 2.14% | $444.69K | $19.69B | 63.14% | 72 Outperform | |
| Medpace Holdings | 2.08% | $433.81K | $16.76B | 81.08% | 79 Outperform |
JMID Technical Analysis
Positive
―
Price Trends
29.36
Positive
29.64
Positive
28.57
Positive
Market Momentum
0.17
Negative
60.18
Neutral
92.90
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For JMID, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 29.59, equal to the 50-day MA of 29.36, and equal to the 200-day MA of 28.57, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 60.18 is Neutral, neither overbought nor oversold. The STOCH value of 92.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JMID.
JMID Peer Comparison
Comparison Results
Performance Comparison
JMID
Janus Henderson Mid Cap Growth Alpha ETF
30.12
2.25
8.07%
KMID
Virtus KAR Mid-Cap ETF
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―
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MMID
MFS Active Mid Cap ETF
―
―
―
TSCM
TimesSquare Quality Mid Cap Growth ETF
―
―
―
MCDS
JPMorgan Fundamental Data Science Mid Core ETF
―
―
―
EPMB
Harbor Mid Cap Core ETF
―
―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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