JSML ETF — Janus Henderson Small Cap Growth Alpha ETF

Janus Henderson Small Cap Growth Alpha ETF (JSML)

Updated October 16, 2026.

JSML is an ETF. its distribution rate is 0.26%, its trailing-12-month yield is 0.32%, its expense ratio is 0.30%. Dividend Vision Distribution Safety Score™ is 43/100 (Caution). Total return is 255.6% over the past 10.6 years, 108.6 points behind SPY at 364.2%.

Janus Henderson Small Cap Growth Alpha ETF is an ETF that invests at least 80% of its assets in equity securities of small-capitalization companies selected for growth potential, with holdings benchmarked to the Russell 2000 Growth Index. The fund carries a modest distribution rate and pays distributions quarterly, with an expense ratio of 0.30%. It appeals primarily to growth-oriented investors seeking exposure to small-cap equities rather than those prioritizing current income.

JSML performance versus SPY

Price and return data through 2026-10-16.

Total return is 255.6% over the past 10.6 years, 108.6 points behind SPY at 364.2%. Over the past year its total return — price change plus distributions reinvested — is 13.2%. Its deepest 1-year drawdown was 14.8%.

JSML key facts

Distribution Safety Score™

43 · Caution

Safety-Adjusted Yield

0.11%

Issuer

Janus Henderson

Asset type

ETF

Asset class

Equity

Inception date

02/23/2016

Expense ratio

0.30%

Distribution rate

0.26%

Distribution frequency

Quarterly

Trailing yield

0.32%

Last close

$84.18 (as of 2026-10-16)

AUM

$357,573,071

Average volume

9250.0

Dividend

$0.054

Ex-dividend date

09/30/2026

Payment date

10/06/2026

Beta

1.42

How Dividend Vision calculates yield and returns

Distribution rate (0.26%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.32%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Janus Henderson; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

JSML risks and drawbacks

JSML's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 14.8%.

Who may consider JSML — and who may not

It is a weaker fit for investors who need monthly cash flow (JSML pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on JSML

• All tickers starting with J

Tagged: Growth, Small Caps.

Frequently asked questions

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