Janus Henderson Small/Mid Cap Growth Alpha ETF Price & Performance (JSMD)

The Rockefeller U.S. Small-Mid Cap ETF (RSMC) is grappling with liquidity issues, as reflected by its 0.24% median bid-ask spread. Coupled with a 0.75% expense ratio, these factors may deter investors despite its focus on growth at reasonable prices. Such challenges are common for newly launched funds in this category.1

Janus Henderson plans to transition its JSML and JSMD ETFs to actively managed strategies by mid-May 2025. This shift aims to optimize performance through systematic processes and flexible rebalancing. The firm’s broader ETF suite, managing $26.5 billion in assets, will expand to 14 active funds post-conversion.2

Small-cap ETFs continue to attract attention, with options like JSML and JSMD offering diversified exposure to growth stocks. While these funds present opportunities for capital appreciation, they also carry risks such as volatility and liquidity concerns. Investors are advised to weigh these factors carefully.3