JMID - ETF AI Analysis
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Janus Henderson Mid Cap Growth Alpha ETF (JMID)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and over the past month, indicating positive recent momentum.
Leading Holdings With Strong Gains
Several of the largest positions, such as Vertiv Holdings, Comfort Systems, Jabil, and Ross Stores, have delivered strong performance, helping drive the fund’s returns.
Broad Sector Diversification
The fund spreads its investments across many sectors, including industrials, consumer cyclical, technology, and health care, which helps reduce the impact of weakness in any single industry.
Negative Factors
Small Asset Base
The ETF manages a relatively modest amount of assets, which can sometimes lead to lower trading volume and wider bid-ask spreads for investors.
Concentrated in U.S. Stocks
With nearly all holdings in U.S. companies, the fund offers little geographic diversification and is heavily tied to the U.S. market.
Mixed Performance Among Top Holdings
Some key positions, including Cencora, Ameriprise Financial, and Idexx Laboratories, have shown weak or negative performance, which can drag on overall returns if the trend continues.
JMID vs. SPDR S&P 500 ETF (SPY)
AUM24.43M
RegionNorth America
Expense Ratio0.30%
Beta1.13
IssuerJanus Henderson
Inception DateSep 17, 2024
Dividend Yield0.56%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,087
30 Day Avg. Volume4,315
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
35.92Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering94
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
JMID Summary
The Janus Henderson Mid Cap Growth Alpha ETF (JMID) invests in medium‑sized U.S. companies that are aiming to grow quickly. It doesn’t track a set index, but instead is actively managed to find promising mid‑cap growth stocks across many sectors, including industrials, consumer companies, and technology. Well‑known names in the fund include Ross Stores and Ameriprise Financial. Someone might invest in JMID to seek higher growth than large, mature companies while still getting diversification across many industries. A key risk is that growth‑focused mid‑cap stocks can be more volatile and can go up and down more than the overall market.
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
JMID is leaning hard into U.S. mid-cap growth, with industrial and tech names doing most of the heavy lifting. Vertiv and Comfort Systems have been rising steadily, acting like twin engines for the fund, while NetApp and Jabil add more tech fuel with strong, recently upbeat performance. Howmet Aerospace is another quiet contributor, keeping returns on a solid flight path. On the weaker side, Ameriprise and Expedia have been lagging, occasionally dragging on results. Overall, the ETF is a U.S.-centric, growth-focused play anchored in industrials and technology.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Comfort Systems | 3.27% | $784.34K | $69.26B | 310.85% | 80 Outperform | |
| Teradyne | 2.90% | $695.04K | $68.55B | 423.12% | 71 Outperform | |
| Dexcom | 2.28% | $546.18K | $27.96B | -13.49% | 79 Outperform | |
| Tapestry | 2.27% | $544.43K | $28.99B | 73.99% | 69 Neutral | |
| Expedia | 2.14% | $512.46K | $28.91B | 43.54% | 80 Outperform | |
| Lumentum Holdings | 2.12% | $508.98K | $66.13B | 902.61% | 61 Neutral | |
| Snowflake | 2.10% | $503.65K | $80.51B | 6.03% | 54 Neutral | |
| Sterling Infrastructure | 2.09% | $499.76K | $26.45B | 319.21% | 71 Outperform | |
| Datadog | 2.05% | $491.05K | $79.38B | 74.90% | 69 Neutral | |
| Heico Cp Cl A | 2.05% | $490.12K | $39.52B | -4.03% | 79 Outperform |
JMID Technical Analysis
Positive
―
Price Trends
30.97
Positive
30.06
Positive
29.82
Positive
Market Momentum
0.07
Positive
57.87
Neutral
73.85
Neutral
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 31.27, equal to the 50-day MA of 30.97, and equal to the 200-day MA of 29.82, indicating a bullish trend. The MACD of 0.07 indicates Positive momentum. The RSI at 57.87 is Neutral, neither overbought nor oversold. The STOCH value of 73.85 is Neutral, 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
31.73
2.96
10.29%
MID.ETF
American Century Mid Cap Growth Impact ETF
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KMID
Virtus KAR Mid-Cap ETF
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TSCM
TimesSquare Quality Mid Cap Growth ETF
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MMID
MFS Active Mid Cap ETF
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―
FEMG
Fidelity Enhanced Mid Cap Growth 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.
DisclaimerThis 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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